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Transcripts For DW Business 20240713

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Safety environments. And learn from one another. And Work Together for a good. Think the south. Africa w. Boeings chief executive tells us hearing weve made mistakes after 2 fatal crashes of its max airlines c. E. O. Says his company deserves scrutiny. Zimbabwe is said throwing new money at no problem hyperinflation hopes of an economic turnaround a low. Saudi arabia opens its doors to the globes fast growing tourist trade but is the country ready for it and. Bets on electric. And sharings you brought up business in Subsaharan Africa as the Global Concept of stolls. And painful thats your Business Time for a grilling boeings chief executive has been appearing before us congress to answer questions over the boeing 737 max on the anniversary of one of the 2 crashes involving the jet that is moving book told senate is the company was committed to bring Building Public confidence is testimony was watched by relatives of some of the 346 People Killed boeings accused of knowing about the problems with and still make an ism 1000000 bucks admitted the companys made mistakes. The head of the hearing the buying boss again apologized to the families of those killed in the crashes in indonesia and ethiopia on the anniversary of flight 610 the 1st and foremost its important that we remember the lives lost. And. Again express our deepest sympathies to the families and loved ones and we will never never forget and that will be our reminder as we look to see in the future. Funks talking is aiming to jolt the world of electric mobility with a trial in Africa Economy actually wants to expand its fleet in rwanda as capital kigali with 50 new electric cars the german engineering jiang zemin setting up a charging stations that will power the. Galleys excellent roads are just one sign of the economic boom the country has been enjoying over the past few years with growth rates over 7 percent germanys folks back in season growing market for car sharing especially electric cars most of the fuel that is sold in africa is. Up to quality so modern engines concert on it so electric mobility would actually you know go beyond that you dont really need to know over the electricity comes from runs fine on any kind of electricity at the same time you know one thing we have in africa is lots of lots of Renewable Energy that one can implement so i think it makes sense in 2018 b. W. Opened a plant in kigali adding to the german carmakers 3 factories in other Southern African countries so far theyve only produced small numbers of vehicles but africa boss Thomas Shaffer says he would like to expand production even though the demand isnt really there yet but that could soon change thanks to the African Free Trade Agreement which 54. 00 countries signed in july a if we were to be able to Work Together regionally as a 1st step. In the East African Community we say that kenya. And uganda would find a way of sharing the value chain similar like the us model. And with that then a competing with each other. Simple example. One type of passenger cars trains in new york commercial vehicles electric os software. Cable on is whatever and then use it with in the free trade zone you could scale the business so every investment would make sense he says v. W. Quickly came to learn that the key to success in africa is working closely with local experts an example is the mobility upmove that v. W. Uses to coordinate its rental fleet in kigali local developers programmed it to work with the often modest allowances of mobile users here tailor made Software Like this would be next to impossible to get in europe or asia. Central bank will start printing new bills in the next 2 weeks according to its gov it will be the latest step towards restoring its mystic currency ending a decade of. The new money will be introduced gradually to avoid further driving up inflation and bubbly is grappling with the worst economic crisis in a decade by shortages of Foreign Exchange fuel and medicines and triple digit inflation. Now to some of the other business stories making news the African Export Import Bank has postponed its an issue of Public Offering in london the bank blames market worries and uncertainty surrounding briggs it so far it hasnt announced a new date for the i. P. O. Saying it probably wont happen before britain leaves the european union. Googles Parent Company alphabet says its quarterly profit fell 23 percent to 7000000000. 00 missing Market Expectations he says the main reason is Rising Research and Development Costs the company is trying to maintain growth while investing in a variety of gadgets and services. And meat substitute specialist beyond meat has reported its 1st quarterly profit sales the past previous expectations things the partnerships with restaurant chain mcdonalds and major u. S. Corps of kroger the vidhan burger make a is expecting revenues of up to 275000000 dollars this year. Has landed book could be its biggest order for a Single Airline 300. 00 of the companys a 320. 00 neo jets will soon fill out indias budgetary indigos roster the deal is going to be worth at least some 3000000000. 00 with a sort of makes indigo the biggest customer for the series of planes with a full 730. 00 units in its fleet the model is the main competitor to boeings troubled 737 that. Holidaymakers making history saudi arabia is keen to reinvent its image and display openness and transparency especially after the damage done by the murder of journalist Jamal Khashoggi the governments now opened up its visa process to allowing more international visitors. Saudi arabia is welcoming its 1st big wave of holiday makers among them this group of polish tourists theyve taken advantage of the countrys new more liberal visa regime that until recently restricted visits mainly to pilgrims and business travelers certain rules have also been relaxed for foreigners sophie doesnt have to wear the body covering a buyer expected of saudi women. Number to draw. Before we came here i was worried about what i was going to wear because id read about the strict dress codes a certain regulation so i was concerned about what is to wear every day. But actually its been a very pleasant surprise for us to see them as a special earth put on a positive thing in. The tour groups trip through the mass market 14 riyadhs old town was made possible by crown Prince Mohammed bin salmonds Reform Program aimed at reducing saudi arabias economic reliance on oil however tall guy admits hard album mood says saudi businesses are struggling to keep up with the changes. Along his head you get and it is a moving at a much faster pace than we expected and we understand this fast change those changes are positive but we is businesses cant keep up with their speed and we dont have the same level of resources. Lived in she had. But with many more holidaymakers sure to follow in this polish groups footsteps tour guides like need to be ready to help them on their way. U. S. Sanctions against iran mean some arrangements cant get their hands on vital medicine thats according to a report by Human Rights Watch despite the tricky situation many Iranian Companies continue to do business with other countries it means they need to be creative thought this construction site is located an hours drive from the arabian capital tehran it will one day house a factory that produces medical implants its the brainchild of entrepreneurs mari i like yari the idea came to him before the United States reimposed economic sanctions against iran the move is complicated business ties with other countries too including germany. From one years ago up to no. Exports and imports. Are used more than 50 per cent and its not good news. From the German Government that they find that. Germany has traditionally been an important trading partner for the country Iranian Companies are well represented at medical trade fairs like medical dusseldorf cheap labor and its advanced Technology Sector have made iran an interesting investment destination for german businesses but sealing deals is no longer as easy as it once was even for ali amare ali khouri whose medical Technology Company isnt directly affected by the sanctions. Can relate to those difficulties he runs a company that makes medical devices used for lab tests the products are exported to armenia afghanistan and iraq but europeans seem to be interested in them too. They are surprised when the c. E. O. Pulled out ensure iranian troops could have a very good day to eat dont have a negative post were of sanctions even i heard some countries deal with Iranian Companies to have standing exit be sions instead of our main problem it is monitoring the try to find ways to continuing our business back to the construction site allium arreola our is hoping to have about 100 people working here in a few months from now hes not concerned about demand but he is worried about how his foreign customers will be able to pay him pressure from the us has discouraged most International Banks from facilitating Bank Transfers with iran we need to solve this problem. We have a plan to do something with the European Countries and companies and would result in this case but i think at this situation its very difficult to review. Despite the difficult conditions Marianna Yari is determined to attend the next big medical Technology Trade fair taking place in germany next month. And heres one for all you Beauty School dropouts a libyan you can join is actually off some of the clothes she wore in the hit musical. One of the top plots is the leather outfit her character sandy wore in the final scene im sure you remember it the jacket and pants are expected to fetch up to 200000. 00 and you johns Cancer Treatment center a total of 500. 00 items going under the have in Beverly Hills on november 2nd. A lot of pink there as well to buy a thermos out of the smell of old leather nice big business with it. Earth. Home. Of species. A home worth saving. Those are big changes and most start with small steps. Just tell stories of creative people and innovative projects around the world. To contribute to lose to green image submissions and deforestation. Interactive content teaching the next generation the battle to touch a. Music channels available to inspire people to take action. And more determined to build something here for the next generation. The environment series of global 3000 on d w and all mine. This is africa coming up on the program to live or to die is the question sounds like an easy decision to make but what if there is the lack of doctors or Health Facilities to kill you ghanas Health Minister eyes here to talk about the situation in his country to be increased the number of me to place an increasing number of news even doctors are issued to pee

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