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tv   Business  Deutsche Welle  September 24, 2019 5:15am-5:31am CEST

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flying safe from paul patton kept it a $11.00 and that's how it stayed both sides taking edits a point from the encounter. and a reminder of the top story we're following for you world leaders have held a climate them urgency summit at the united nations in new york the teenager swedish activist gretta totenberg gave an impassioned address accusing leaders of making empty promises. coming up next stephen beardsley will have the details the business news that after a short break stay tipped. my 1st vice like a muscle sewing machine. where i come from women are bound by this notion for. something as simple as learning how to write them by said posies and. since i was a little girl i wanted to have a bicycle off my home and it took me as them until. finally they gave up invented
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by me and i say this country turns because sewing machine sewing i suppose was more affluent for girls than rising up by. knowledge i want to meet those woman back home bloodhounds by the 2 teams and social rooms and informed them own dead basic rights my name is them out of the hood and i wore them. the world's oldest travel agency stops in the straps thomas cook is bankrupt leaving the british government to ferry tens of thousands back hold we'll tell you what happens one of the travel industry standard bearers. and we'll show you a concrete proposal to cut back on c o 2 in the construction industry could solve appeal engineers in nigeria are
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figuring out how to turn the route into a cleaner summits. this is your business report. thanks for watching. the world's oldest travel company thomas cook has collapsed after failing to secure a last minute bail out more than half a 1000000 people worldwide are currently on holiday with the group u.k. aviation authority has begun an operation to bring customers stranded abroad back to britain it's being called the largest repatriation effort in british peacetime history. almost a day after the bankruptcy announcement by one of europe's largest travel operators thomas cook branded planes remained parked tourists stranded at airports still clueless as to how to get to their destinations or back home. we were told that. from the start flights canceled and there was no longer operating. so we actually were told to go home and be. around 15000
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holidaymakers on thomas cook books travel have been flown home once the company went bankrupt many more will be brought back within the next few days if you're overseas on a thomas cook holiday and you can continue to enjoy your holiday at the cia is launching. this is the largest repression since the 2nd world war and we will be bringing home every party. back to the u.k. as close as possible to their return date. tourists however are not the only ones worried thomas koch has booked vacations for millions of customers every year and many disintegrations fear that some of them want to just rebook with different operators but might stay away. this bankruptcy will cost turmoil in the 2020 season and they will have to be serious analysis carried out until then. we have. his motion
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this is a 7 rishta earthquake and we'll waiting for the tsunami and you know that the tsunami is most of the time the one to bring the greatest disaster we're going to get at this for a. while travelers are concerned with the short term holiday plans the tourism industry worries about the future of thomas cook affiliate khon door and other players in the industry to see whether the latest bankruptcy will have any ripple effects. so how exactly did thomas cook get here let's take a look back it all began 178 years ago as a father and son outfit offering modest trips between english cities but it grew into a multi-billion dollar travel firm with global reach and $22000000.00 customers at the turn of the century the group expanded rapidly buying up tour operators hotels and airlines across europe among the firm's subsidiaries or tour operators like
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tours or necromancer which offer trips to customers in germany switzerland austria and other countries added that cooks planes groups airlines business comprises thomas cook airlines and condo or germany. china supposed to tourism one of cook's investors had been in talks to acquire a controlling stake in thomas cook for around 450000000 pounds but of course those talks collapsed. well over to europe a steep drop in german manufacturing is dragging down the eurozone economy that according to a key survey of business exacts the purchasing managers index which offers a snapshot of private sector activity dropped to a 6 year low in september that suggest the eurozone economy is stalling in close recession the news that the euro down 4 tenths of a percent against the dollar on monday economic powerhouse germany saw its factory activity shrink at its fastest rate for a decade during september. and for more on this let's go to our financial
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correspondent in new york yes korda ins nice to see you and his european markets didn't like this negative p.m.i. reading did wall street react well i mean analysts on wall street at least the cold those numbers plain all fall and it's not that the u.s. is immune to turmoil overseas but on the other side what is still holding the u.s. economy together is u.s. consumption and at this point it still looks rather healthy there was not all a lot of movement here on monday on wall street when we got those figures out of germany we did see the market opening on a lower nolde but then trading went on the market to recover a bit but all overall wall street isn't a wait and see mode we are waiting for the trade talks will continue between the u.s. and china and then also the quarter is coming to an end and that means earnings season
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is at the horizon and that also will be decisive for stocks here on wall street then yes we should point out that there were some manufacturing numbers that came out today that were a bit better in the u.s. what can you tell us there. yeah we got some pretty little maruti data for the month of september and after we got quite disappointing figures for august that actually hinted at a contraction in their manufacturing business here in the u.s. now those september figures reached the highest level in about 5 months even if they're not really that elevated but still so far those numbers show that there still is growth but overall especially if you look at the trade tensions between china and the united states that has not made the u.s. the manufacturing industry is driving quite the contrary those trade disputes so
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far are hurting the manufacturing industry in the u.s. as well all right trade continuing to dominate the headlines younes quarter there for us in new york thank you. elicit a look at some of the other business stories we're following for you. indonesian investigators have released initial results into their crash investigation of a boeing 737 max operated by lion air last october the report blames design flaws and manufacture oversight for the crash backing up other investigations which have raised similar safety concerns about the boeing model. a steep drop in german manufacturing is dragging down the eurozone economy in september the purchasing managers' index dropped to a 6 year low suggesting the eurozone economy is stalling and close to recession news that the euro down 4 tenths of a percent against the dollar on monday. a group of insurers and investment funds including germany's promise to go green by the year 2050 the companies say
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they will no longer finance corporate projects that negatively affect the climate including fossil fuel ventures c.e.o. of a beta told the u.n. climate summit in new york that the fight against climate change is the most important task of our time. for it is recalling 100000 cars in germany due to the possibility of leaking battery acid which is a fire hazard subject to the recall our galaxy s max and mondeo models all of them made in a spanish plant in valencia between 20142019. and also happening in the auto making world japanese carmaker nissan and its former chairman carlos ghosn have severed a false financial disclosure claim by u.s. regulators the securities and exchange commission says they failed to disclose more than one $140000000.00 and paid nissan will now have to pay a fine of $15000000.00 to the f.c.c. and go on $1000000.00 gold is also banned from serving as officer or director and
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a u.s. company for 10 years under the agreement former nissan chairman still faces criminal fraud allegations in japan. it's the most widely used manmade material for building and it's a massive contributor to the climate crisis the $4000000000.00 tons of cement produced each year for concrete construction account for 8 percent of global c o 2 emissions now engineers at the university of lagos' may have found a more sustainable alternative civil engineers dr vall from schmidt and dr colo worley a decent all a not a share a common mission finding the construction material of the future and they reckon they're on to something the peel is the root vegetable cause salva has properties that could help building sites to be more environmentally friendly cement is going to gross to cement is the biggest villain when it comes to the environment because
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making it produces lots of c o 2 in seems a lot of energy consuming that. cement is a key ingredient of concrete helping to make it hot but not to all in our day has discovered that the ash current kosov appeal can do much the same. we are 1st the irish and we have to find out we have to produce concrete with it you up to do smarter with it i mean strengths which is one of the major or are properties of concrete very very much compared with normal concrete to do. it's a discovery that can be useful to many parts of africa where he's grown in huge quantities the peel is normally a waste product and so readily available that makes it a cheap alternative to expensive cement and with the cement industry accounting for around 8 percent of global c o 2 emissions because sava can help african build has to build greener.
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and saying in africa got a bonus set to become the 1st country on the continent to be paid to preserve its forests using international funds the announcement came from the u.n. . bone which is almost 90 percent forest will get $150000000.00 from norway to battle deforestation as part of a 10 year deal japanese minister of forest welcome the news saying he hoped it would encourage similar investments country has been a leader in central africa and preserving forests having created 13 national parks since the turn of the millennium. and that's it for me in the business team here in berlin of course find out more about these and other stories online at the dhobi dot com slash business i'm seeing there's a to watch. in
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syria no mercy in germany no. surprise visit to an alleged war criminal. the confrontation was preceded by research that pushed both investigators and reporters to their limit. criminals in germany
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tracking down a son's henchman. to some next detail. how do people. survived in one of the driest places on earth. for thousands of years they used to melt water from the glaciers. but climate change is forcing people in lot doc to find other solutions artificial mini glaciers made in winter now supplied the valley with water some. 60 minutes on t.w. . world unto itself. the finest musical compositions.
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going through me that he was into them don't tell me that that's he never wrote. and the joint should come up in the morning. revealed the symphonies of your heart is gone. the brahms coda starts october 11th on d w ah you know. we were in the german city of last number look after months of research we come face to face with this man. an alleged syrian war criminal who we can only identify as mohammad s. living freely in germany who is easy the allegations against him.

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