are already running on tracks in turkey siemens manager michel cup is hoping for more orders according to media reports on current wants german support in setting up a high speed rail network where thirty five billion euros so far no decision has been made that the latest siemens the laro model could play a part. in twenty thirteen we got an order to deliver seven high speed valero type trains to do three hundred kilometers an hour between kanya discussion here. in april of this year we got a follow up order for ten more of these trains and they are under construction now what do you think is it it's a ball. it's not only big german corporations that have business ties to turkey so do medium sized companies entrepreneur blend was in there from braman installs business software for instance for parking garage operators he employs one hundred twenty i.t. specialists in braman and istanbul. apart from that we do a lot here in software development and software selection process is. we have various projects with which we ultimately help the company make its processes more efficient and save

and he says that you have to take this seriously not least because companies like siemens employs so many people not just germans but also of a very diverse cultural heritage siemens itself has three hundred seventy eight thousand people around the world around one hundred thirty thousand people and showcase them makes clear that it's about these people as well and the chairman of the. of baby eve the german industry association has called for leaders in the business world to speak out against seen a phobia in germany. for the thoughts in front thank you. b.m.w. has reportedly been ordered to pay a fine of ten million euros off the software was founded around eight thousand diesel calls that illegally shuts off emissions filtering the prosecutors say disappears to have been a bug in software and not an intentional cheat not put into a newspaper article in the suit brought to the site and become a christo and for both origins in february about the shuttle following a month on investigation they've decided not to file charges against any b.m.w. executives. well there's no sign of relie

the recent news about siemens. bring in three hundred thousand bring electricity to three hundred thousand iraqis is a very welcome news the problem is as eventually you can increase. powered power generation but then the demand increase because the consumer doesn't take responsibility at the same time if you know if you're not paying your bills you wouldn't be keeping tabs on how much how much electricity you use so the more you increase generation the consumption grows up and given the population is growing at a fast rate. this catch up game is just never works i was at an iraqi reconstruction conference in coate last year where around thirty billion u.s. dollars was committed to help iraq particularly with its infrastructural problems if any of that money actually materializing. not really no i think and that's a testament to itself that investors international community are willing to help investors are willing to invest because iraq as you mentioned there's a huge wealth or oil wealth is coming through especia

are already running on tracks in turkey siemens manager misha cup is hoping for more orders according to media reports on korea wants german support in setting up a high speed rail network worth thirty five billion euros so far no decision has been made that the latest siemens the laro model could play a part. in twenty thirteen we got an order to deliver seven high speed valero type trains you to do three hundred kilometers an hour between uncorrupt kanya and discussion here. in april of this year we got a follow up order for ten more of these drains the bike and they're under construction now what do you think we can cause if it's a ball. it's not only big german corporations that have business ties to turkey so do medium sized companies entrepreneur blend was in there from braman installs business software for instance for parking garage operators he employs one hundred twenty i.t. specialists in braman and istanbul. thousands of you apart from that we do a lot here in software development and software selection process is. we have various projects with which we ultimately help a c

and he says that you have to take this seriously not least because companies like siemens employs so many people not just germans but also of a very diverse cultural heritage siemens itself three hundred seventy eight thousand people around the world around one hundred thirty thousand people and showcase them makes clear that it's about these people as well and the chairman of the. baby either german industry association has called for leaders in the business world to speak out against seen a phobia in germany talking about. we just heard about b.m.w. reportedly having to pay a fine for legal software found in their cars how is the market reacting to that. well b.m.w. shares going down but so are the other car shares this mainly over the worries for trade for possible tariffs coming against previous expectations perhaps with the e.u. in the united states but of course that's not good for the reputation of b.m.w. and you know when you when you look at the statements that i've heard from people who over the past months i've talked to about this issue nobody believes this was an acciden

germany's blue chip stock market index and amongst the global names listed there are the likes of siemens the farmer and chemicals giant buyer and the automotive international daimler group they're the guys that bring you miss eighty's how does the dax look right now it's been affected by a ten point plus drop in the indicator of economic sentiment well what that gives an indication of is the opinions of economic columnists sound of analysts of how they think things are going to pan out and it's not making good reading at the moment ten points plus down it is however better than the thirteen point drop that was predicted now this drop in the city w. it didn't affect the currency markets we see it we saw the dollar in the euro route trade relatively as they had before however it was the dax the took a hit and in fact any type of recovery of those numbers has been incredibly sluggish as germany's stock exchange is being slow to recover. and we thank peter oliver for that report and as he mentioned a few of the largest stocks traded on the dax there's a little more on those siemens a german

high speed trains made by siemens are already running on tracks in germany.ager is hoping for more orders. according to media reports, ankara wants german support in setting up a high-speed rail network worth 35 billion euros. no decision has been made, b but the latest siemens model could take a part. >> in 2013 we had a a order to delivever sevenen high-speeeed , to d do 300 kilometers per houor between thhree cities. in april we got a follow-up order for 10 more trains, and they are under conststruction n. reporter: it is not only big german corporations that have business ties to turkey. so do medium-sized companies. entrepreneur from bremen installs business software for parking garage operators. he employs 120 i.t.t. specialiss in bremen and you stumble -- istanbul. >> apart from that we do a lot in software developer and's, softwarere selection p processe. we have various projects during which we help a company make processes more efficient and save money. reporter: he moved with his family to bremen when he was a child. he studied economics and worked

of siemens one of germany's largest companies and basically active throughout the world and his company jewel cases says has about three hundred seventy eight thousand people working for around the world and these people have to feel at home regardless of their cultural heritage and he's worried that the right wing extremist activity in saxon could raise questions about it and he says that events like in ten minutes ten minutes damage the image of germany in the world that no getting around the head of the industry associates association in germany is putting out a plea for all business leaders in germany just because you can see in a phobia that's what the talk him says the images he sees from there are unbearable he says. stay with us for a moment because we have to talk about the b.m.w. because b.m.w. has reportedly been ordered to pay a fine of ten million euros off the software was found on route eight thousand diesel cars that illegally shut off emissions filtering prosecutors say this appears to have been a bug in the software and not an intentional cheat that's according to germ

a few streets away from the siemens plant. has invited all his stuff to the company christmas party he just booked this old post office railway station. his wife and his youngest daughter the first to show up. then the bus arrives a lot has writing on him his employees are also worried so much the same reasons as thomas clouse in recent weeks the financial press reported that investors have taken over fifty percent of the company's shares. site because of just of course. it is going to your friends family. as shown by it's amazing to be able to stand among you you are my motivation. this is mine and which of us sees you are my strength. yeah i think you have been convinced by a letter from the management from perhaps signed by me that we are still the same family no matter who owns the shares no matter who will have a say and so forth with the guy you have to offer not me victor that is yes yes we do capital markets yes yes we have to refinance ourselves yes we have to reposition ourselves. if i will also be doing that no matt

good deal at the siemens carts, a good deal of the major systems are covered under warranties and will be for the next several years. this covers, right now, 20-25% of the parts that we consume overall. one of the things that we want to do a is bring in more of the historic his because this will be a critical area and possibly even cable car and some of the maintenance of parts which are also antiquated and difficult to get. we are having somebody with josh on top of the inventory in a day-to-day basis which is the second gap that this arrangement fills. prior to this, the storekeepers had a function to go and keep the shelves stocked. but they didn't have the ability , nor the training or the responsibility to reach out and make sure that if the part wasn't there, they could make wait to get it. that is where, on a day-to-day basis it has been critical in both getting the vehicles on the street but also in planning for campaigns. >> chairman brinkman: thank you. >> vice-chairman heinicke: this is making inherent sense to me that we are better after much better off having a contract to

war times now that is not in our health care for the poorest so we said no matter whether or not siemens gets the deal, we are going to provide one hospital at the liberated area so we help the poorest after 10,000 patients can be treated in that >> siemens there coming up on "street signs," china says it doesn't want a trade war but is ready to fight as the latest round of tariffs take effect. reaction from beijing after the break. man: are unpredictable crohn's symptoms following you everywhere? it's time to take back control with stelara®. for adults with moderately to severely active crohn's disease, stelara® works differently. studies showed relief and remission with dosing every 8 weeks. woman: stelara® may lower the ability of your immune system to fight infections and may increase your risk of infections and cancer. some serious infections require hospitalization. before treatment, get tested for tuberculosis. before or during treatment, always tell your doctor if you think you have an infection have had cancer, or develop any new skin growths, or if anyone in your house needs or

already has holdings in folks bergen siemens and the door bank and has a strong interest in cooperating on energy projects. the new energy sector in my opinion has strong potential any expansion of our business relationship you still wants to reduce its dependency on gas exports in four years the emirate will host the world soccer championship and construction is taking place everywhere expanding the infrastructure requires massive expertise from outside the country and due to an ongoing boycott by neighboring states is more isolated than ever so an opening to europe is vital and this could be good news for german companies qatar is a country which has acquired a huge fund and they have proved that they give capital in a very responsible way also to rest kompany is also determined companies but could task suffers from many political issues among them the status of foreign workers imported for the stadium projects but german building companies say they will improve working conditions on their projects in qatar. twenty five years ago forty five and opened its plant and the polish city of

how often do you siemens players -- see men's your school supplies today... -- see men's school.de. done. done. hit the snooze button and get low prices on school supplies all summer long. now get 50% off school backpacks at office depot officemax. as your home becomes more connected, you need fios to keep up and fios is the 100% fiber-optic network... which means you get phenomenal capacity for your tech. now, get $200 toward a range of google and nest smart home devices plus the fastest internet available, up to 200 tv channels, phone, and a 2-year price guarantee, all for $79.99 per month with a 2-year agreement. plus order online by september 30th, and you'll get a $150 verizon prepaid mastercard. go to getfios.com. 100% fiber-optic network. 100% phenomenal. it's got this creamy sort of on a little bit of acidity. a little bite to it. it makes a tomato taste more like a tomato. it makes bacon taste more like bacon. it makes evetything that it's withr. it tastes like real ingredients because it's made with real ingredients. i would never use any other mayonnaise in my cooking.

are legitimate worries strums trade policies and briggs's among them companies like dime learned siemens are also worried about their business with iran since u.s. president on trump is reinstated economic sanctions against tehran over its nuclear program due to those sanctions transactions campian made through the international banking system but the e.u. has found a way to trade with iran and to save the nuclear trade nuclear deal of the same time. federica mother really believes she's found the solution the e.u. foreign affairs commissioner wants to continue doing business with iran by developing a new financial institution in new york she met with the remaining signatories of the iran nuclear agreement and presented her model. that but disciplines welcomed practical proposals to month tain and develop payment channels notably the initiative to establish a special third of a call to facilitate payments related to a dance exports including oil and imports which will assist and reassure economic operators they're seeing legitimate business with. the creation of this new monetary transfe

for large companies which have already left iran, the siemens, the allianses, pugeot.they're trying to do is keep small and medium companies invested in iran. obviously russia and china don't much care about their relationships. china has certainly a coupled relationship with the united states, but it has its own financial resource soz it request find ways to invest, certainly to buy iranian oil. so we have a lot to go here. the president has now -- the white house has said there is going to be u.n. security council meeting in -- during the u.n. general assembly during september 26 on iran. iran ostensibly will be invited so we'll see if we're going to have a tet a tet. >> president trump is going to take the podium there. do you think he's going to do it to berate or negotiate and cajole iran into the kind of deal he wants? >> i think what we've seen in all of his negotiations is both sides of that coin. so it sort of depends how he feels when he gets up in the morning, what he feels like tweeting. we saw him berate and warn kim jong-un of north korea we were going to

of siemens he sat last year at the devotes meeting at the table with us president donald trump and he's saying now that what happens in chemist's can do damage to the reputation of germany in the world and as a corporate leader interestingly he raised the point he meant supply is three hundred seventy eight thousand people throughout the world almost one hundred thirty thousand people in germany and many of them are not germans they come from culturally very different backgrounds here that says they have to feel well in a german company as well diversity is the key all right big words there from a heavyweight and our financial correspondent who he brought to the frankfurt stock exchange really thank you. chinese companies have a strong foothold in africa often to the envy all other european companies now they've invested huge amounts in african infrastructure building roads hospitals and stadium paid for often in will materials now there are some african countries are going deeply into debt to pay for the projects an issue which will be up for discussion at the forum on china africa coo

of this week german conglomerate siemens said it's in discussions to help get iraq's power grid up and running iraqis held elections in may and the cow.

it also faces losing $15 billion in a power stations contract to siemens.rsdayembling last when the gas turbine issue surfaced. yvonne: we are counting down to the open of the mainland markets. hong kong closed for the midautumn festival. we did see that downtrend reasserting itself. signaling we now could be seeing some declines. the offshore renminbi gets a little bit of strength. this is bloomberg. ♪ i'm all about my bed. this mattress is dangerously comfortable. when i get in i literally say, ahh. meet the leesa mattress. a better place to sleep. this bed hugs my body. i'm now a morning person. the leesa mattress is designed to provide strong support, relieve pressure and optimize airflow to keep you cool. hello bed of my dreams. order online. we'll build it, box it and ship it to your door for you to enjoy. sleep on it to up to 100 nights and love it or you get a full refund. returns are free and easy. i love my leesa. today is gonna be great. read our reviews, then try the leesa mattress in your own home. order during our fall mattress sale and save.

the company faces losing a $15 billion contract in iraq to siemens.organ lowers its price target, and prices fell. the stock has slumped almost 9%. >> michael cores is near agreement to buy -- michael kors , with bertuy versace ace valued with vers at several billion dollars. versace have santo run the company since the murder of their elder sibling gianni. president trump is set to address world leaders at the u.n. general assembly. korea, talk about north and we have seen president trump meeting with president moon discussinguth korea, the inter-korea summit. we will give you a preview of the u.n. general assembly session this year. that is coming up. this is bloomberg. ♪ xfinity mobile is a new wireless network designed to save you money. even when you've got serious binging to do. wherever your phone takes you, your wireless bill is about to cost a whole lot less. use less data with a network that has the most wifi hotspots where you need them and the best 4g lte everywhere else. saving you hundreds of dollars a year. and ask how you get xfinity m

all of the big companies, siemens, allianz, peugeot, they are all gone already because they need american the secondary economic sanctions in place at the beginning of november means that if you do business with the central bank of iran, you cannot do business with an american bank. most companies cannot survive under that. there are risks here, when jack lew was treasury secretary, he pointed out that we had to be careful about using secondary economic tensions because if we use them too often the world might say -- let's not have the dollar the the reserve currency anymore. let's create a basket so that we don't just rely on the dollar. in addition, because of the tariffs the president has put on, we are squeezing allies and kinds ofin all directions again, pressing them to find other alternatives to our powerful economic power. finally, if you look at the russian economy, which is very challenged, the ruble has come to mean nothing, but oil is traded in dollars and when these secondary sanctions go on, the price of oil will go a fire. and russia will make out like a bandit. and that's

siemens has gotten positive iraq.ck from the deal is near completion. that is your business flash.been an emotional weekend for america and within the beltway, concerning mr. cavanaugh. let us listen to senator graham. >> what am i supposed to do? life, based on's an accusation, everybody named in regard to being there, said it did not happen. unless there is something more, i am not going to ruin judge kavanaugh's life over this. she should come forward and she will be respectfully treated. tom: it has consumed the beltway. there is no other topic. kevin cirilli is our chief washington correspondent. distinctive thing right now in the kavanaugh debate? what matters this morning? a new there was allegation reported last night that other democrats are investigating a second allegation of misconduct, this from judge kavanaugh's freshman year at yale university. looksies this and he forward to testifying publicly on thursday at 10:00 a.m. in the committee. another allegation, another denial. the parallels to anita hill becoming more clear. tom: is his nomination threatened? is there a

the fire has yet to burn 200 acres, but last night it siemens seemed like a force of nature. >> it was scary. at probably 6:00 we could smell smoke. e kind of fehe kind of elements can conspire against them. you have narrow road, lots of brush. they're describing what happened last night as a wake-up call. en today rosy had a ce aandato evacuations lifting, she continued packing her car. >> no, probably won't. but probably treat my property a little more. >> or maybe stash some emergency firefighting water. tom feather stston did. best laid plans that did not work. >> i was ready, but the power went out and the pumps didn't work. i could have all the water in the world i wanted but couldn't use it. >> what's the lesson? >> get a generator with a pump attached it. >> it is the price you pay for tshesedays.ilderness surrounde wayne freedman,bc ne > we'lltart with fire.ond near the it's not warm there, only 63 degrees. relative humidity is 60%, and that's not bad. but it is quite windy. gusts to 22 miles per hour, making it difficult to contain fires, of course. over near suisun city, 81

siemens hasters say a good chance of winning a bid that ge was also going after.ch, emma. ge, what is left? david w: cannot catch a break. alix: literally cover what is left? what business will be left that will make a difference? david w: they cannot sell turbines to iraq, for goodness sakes. you have to feel bad for them. alix: that is going to have a nine year low. staying with the commodities, i promised you the nerdingness. soybeans really caught in the tariff trade. prices down 12%. china imported 9 million tons of soybeans, as of last month. a third is coming from the u.s. still with us is david maclennan, carville -- cargill ceo. dave: if there are any soybeans getting him now, it is low quantity. the chinese have made it clear there are not -- they are not going to take american soybeans. they will find alternative protein ingredients. that may change, but it is to minimize -- de minimus. alix: one side says, they are going to need it. can beid the destruction such that they can satisfy their soybean needs with brazil and argentina crops. which narrative

in that same shed where the restoration was going on, siemens is refurbishing its modern fleet for southe aim is for20% diversity in the railways, and the aim is for 20% of engineers to be women by 2020. we might be talking about this again in a couple of yea rs. about this again in a couple of years. you might like to know that the canadian pacific locomotive is going to be the star attraction in hampshire. they hope it will get going by 2020. we will have a lot more on that tonight. thank you. who was presenting cadillac nationwide in those days? sally magnusson -- presenting nationwide in those days. michael barrett was certainly there. he isa michael barrett was certainly there. he is a neighbour of mine, still very much watching every day. he'll be pleased to see you back. lets hope we got it right, then! thank you both very much. if you would like to see more on any of those stories, you can access them via the bbc is iplayer. we go live each weekday at a:30pm. breaking news: we're hearing that the senior coronerfor breaking news: we're hearing that the senior coroner for lancashir