Utility industry get ready to pedal and accelerates to 80 kilometers an hour. Im going to get jones welcome to the of business starting with the latest news from boeing the plane maker is to spend almost 5000000000. 00 compensating airlines that have been affected by the grounding of the 737 max the model had its Regulatory Approval withdrawn back in march after it was involved in 2 fatal crashes linked to Faulty Software thousands of flights were canceled as a result boeing which is also facing dozens of lawsuits brought by Crash Victims families is due to announce its Quarterly Earnings next week. But here on the ground b. M. W. Has a new c. E. O. Last night the comic is a Supervisory Board promoted production chief all about substitute chief executive officer of a manufacturing expert is expected to help the german car maker make the shift to electric and self driving cars and to tackle new competition from technology giants. The new boss is a familiar face all of it sips is already a member of the executive board and was previously the head of production and hes got his work cut out for him he has to move faster especially in the development of electric vehicles b m v. P m w is behind di miller v. W. And others when it comes to electric cars. They really need to get moving in electric and Battery Powered vehicles. But b. M. W. Can hardly shoulder the Enormous Development costs alone by working together with its rival dimler which makes mercedesbenz it aims to bring semi Autonomous Vehicles on to the market as quickly as possible then there is the risk of impending punitive tariffs in the u. S. In june b. M. W. Opened a new plant in mexico the cars produced there are mostly destined for the u. S. Market relation to met we expect President Trump will impose tariffs on the Automotive Industry in the autumn which will create a big problem for b. M. W. In america. The Company Hopes shifts in its Global Production network may allow it to partially compensate for any tariffs alright for more lets bring in our Financial Market correspondent in frankfurt danny good morning what more do we know about the new b. N. We do you see and what was the announcement for the companies in india shipmates in that usa and not in the hometown munich. Theyre good morning one of them work is one of the 31 factories of b. M. W. And cory the most modern car factory in the world so all of this was announced by the board in the city in a country where b. M. W. Is fearing to be sanctioned with high car terrors of the tram is ministrations so this symbolic fare for such an important announcement is i guess quite obvious all of a tipster is knowing b. M. W. Very well many things have gone wrong at b. M. W. During the last 2 years the share price has dropped under the leadership of the former c. E. O. By 38 percent and many have said when there is something at b. M. W. They can do really good is their network of different production facilities and that is because of all the vast tips that he has changed their strategy and at every Production Facility they are able now in the future to produce either ecards diesel or even petrol cars so this flexibility is for a company like b. M. W. Very important right down here cope in fact thank you so much. This week we mark the 50th anniversary of the 1st moon landing the apollo 11 mission and those that followed allowed us to examine the make up of another celestial body and now 50 years later and with its growing appetite for Raw Materials the race is on to find valuable minerals on the moon and beyond its. Just days ago the japanese space probe high a booster to landed on the asteroid reviewed over 300000000 kilometers from. Its there to take samples from beneath the surface and bring them back home together with france and germany the Japanese Space Agency and aims to find out what the asteroid is made of and if there might be any valuable role materials hidden within. The circle whats involved in the project is a world 1st with multi sampling to landings and a collection of under surface samples will move its or some think with. The u. S. Space agency nasa is also examining an asteroid with it so desirous rex probe its taking samples of the rock to find out what its made of and hopefully gain some insight into how the earth was formed. Nasa has also been looking for rare resources on the moon for years the rocket crater moonscape could conceal valuable treasures metals such as gold platinum iridium and helium 3 gas have all been detected there now its trying to figure out how to break down these Raw Materials and transport them to earth. For more on john by professor phil bland the director of curtin Space Science and Technology Center in Perth Australia which is down under far away from here good to have you with us a couple of years ago a space probe landed on a comet and now were chasing asteroids to mine for minerals sounds like Science Fiction how real is it. I think its becoming much more relationally just over the last few years than i ever thought it would be interesting were on both. Her and osiris rex missions its great to be part of that. Those who theres private Companies Involved in this now and also most major space agencies and what do we hope to find on an asteroid that we cant mine here on earth. Well its i mean theres a kind of a couple of flavors here to this we can find as you study pace those heavy metals like it and and and and and ram you know platinum if things like that. But in a way its kind of the support industries that were interested in for those who need fuel and you need water and we can get that from places like ice on the moon all right but the moon isnt right next door asteroids certainly arent also its missions are very costly how big a business proposition is space mining then. I think so so nasa and Chinese Space agency easter all have a program to go back to the moon over the next few years. If you can get fuel and water there versus carrying it all the way its a really big deal so in terms of you know you save a huge amount of money for every kilo you can find versus what you can bring here so its a huge support for those missions i know of course you know when you mention it theres a lot of cooperation going on when it comes to Space Missions between nations like the United States and europe once you get there how do you determine the mining rights on an extraterrestrial object its difficult enough here on earth. Thats an excellent question actually right now there are no mining rights so you cant legally make money mining asteroids and bring it back to worse if you use that material to make fuel i think thats ok but theres some very old treaties in there and those need to change before this becomes an industry all right professor phil bland the director of a close in Space Science and Technology Center in Perth Australia thank you so much for your time and your insights. And i have to some of the other business stories making the news. G 7 ministers and central bankers have met with philanthropist Melinda Gates paris to discuss how to reduce inequality theyve pledged more than 100000000 euros to help women in africa play a bigger role in the Global Digital economy most of the funding will come from the bill bill and Melinda Gates foundation. Finance ministers of the g. 7 meeting also move towards an agreement on taxing digital giants the u. S. How to post a french measure to tax Digital Companies like facebook both now agree to focus on a minimum tax for businesses that generate income outside their base country. And the European Union has fined a chip maker qualcomm a 242000000. 00 euros for what regulators call predatory pricing between 20092011 the charges related to the sale of chips at below cost which the e. U. Says was intended to drive a rival out of the market. Mobility is one of the boss words today people want to get from a to b. Fast smoothly and increasingly environmentally friendly only recently electric scooters started to pop up everywhere here in the streets of berlin mingling with cyclists and pedestrians the next big thing could be the iraq eat an electric pedal driven motorcycle. Heads turn when this 2 wheeler whizzes by its too fast for an e. P. Like but a motorcycle with pedals. The rocket is the name of this electric motorcycle and its also its mission it was developed in berlin and production models are set to hit the streets later this year without a throttle. I turn the pedals with my feet thats like the throttle here. But the pedals on connected directly to the rear wheel like on an e. P. Instead hits an electronic unit in the front that measures how fast the pedaling movement is and how hard and therefore what the desired speed is this is an intelligent pedal drive. The top speed is over 80 Kilometers Per Hour and the battery lasts for a good 120 kilometers it can be recharged with a normal household socket in just 5 hours. The electric motorcycle sells for 12000. 00 euros in germany and theres no noise or exhaust fumes will be lifted off game ability doesnt have to mean doing without it has to enrich our lives it has to be fun but most importantly we have to stop burning gasoline and thats coming from someone whos burned an awful lot of gasoline in his life but if we want to leave something clean for the next generation that means not using gasoline in any form its over this is for life and family hopes that more and more people will see things his way then the sight of a pedal powered motorbike may soon be nothing extraordinary. That a business that they have things to watch. Sometimes books more exciting than real lives. To brief. Reporters who knows. German streets. Or find his want to start families to become famous or engineers everyone of aplomb. Summoning is just the children who have always been the way and thats you and those that will follow are part of a new kind of says. They could be the future of. The. Granting opportunities global news that matters d. W. Made for minds. Welcome to news from the world of arts and culture and well be talking about kevin spacey Sexual Assault charges against the u. S. Are being dropped also coming up. Next mission here in berlin looks at art College Photos from black american magazines every 10 jet. Now you might think this dancing is speeded up but its actually a modern twist on galleon photo. Actor kevin spacey was one of the most high profile people to be accused of Sexual Assault as the made to scandal erupted in hollywood a couple of years ago the allegations against him cost him his lead role in house of cards and then he saw his scenes edited out of the movie all the money in the world and he was replaced by veteran actor Christopher Plummer now in a dramatic turn the only criminal case so far brought against casey has collapsed after his accuser refused to testify. Or do you think it is one of the few criminal cases to be brought after allegations came to light during hollywoods me too Sexual Assault stand but now u. S. Prosecutors have dropped the case against Actor Kevin Spacey he had been accused of groping an 18 year old man in a bar in 2016 spacy deny the allegations the charges have been d. C