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Transcripts For DW Business 20240713

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The pretty good news to create solutions and for stiction. Interactive content teaching the next generation of the tool to take action. Using the channels available to inspire people to turn connection and ways of turning to build something new for the next generation. Is the environment series of global 3000. 00 on t. W. And online. Boeings chief executive admits the lawmakers weve made mistakes exactly one year after the 1st of 2 fatal crashes of boeing 737. 00 max airliners the c. E. O. Says his company deserves scrutiny also coming up standing up to Silicon Valley germ. Me and friends ramp up their efforts to build rivals to u. S. Tech giants and false flag and bets on electric right sharing to rev up business in Subsaharan Africa as the global car sector stalls. Im chris cuomo welcome to the Program Boeing c. E. O. Devils muller then a small and berger admitted to you u. S. Senate committee that his company got things wrong in the development of the 737 max airliner todays hearing came exactly one year after the crash of a 737 next caused by a faulty Flight Assistance Program only weeks later a 2nd accident with the same type of aircraft likely caused by similar problems relatives of the 346 People Killed watched mr berg admits that the company has made mistakes on behalf of myself and the boeing company we are sorry deeply and truly sorry as a husband and father myself. Im heartbroken by your loss it was an emotional address delivered exactly a year after the crash of a 737 mox in indonesia that killed everyone on board in march of this year tragedy struck again when the same model came down in ethiopia. Since then 737 mach have been grounded the classes are thought to have been caused by a Software Fault us lawmakers accuse boeing of knowing it systems were subpar and of failing to train pilots adequately those pilots never had a chance these loved ones never had a chance they were in flying coffins as a result of. Boeing deciding that it was going to conceal and cares from the pilots. Boeings both says the company back ignite has its failings and is committed to doing better in the future. Weve made mistakes and we got some things wrong were improving and were learning and were continuing to learn this 737 max will Stay Grounded until further notice a major financial blow for boeing and cold comfort for the friends and loved ones of those for whom that precaution has come too late. Lets get more from our financial correspondent dan scored in new york against there have been a number of damning revelations about the 737 x. The faulty flight the system system sort of occasion process did you mean learn anything new today from the boeing c. E. O. Well what senators also wanted to hear is what did then as a modern burke know and when did he know it and im not sure if we really got a proper answer to that there have been different reports that boeing should have known about the issues with the 737 at least before the 2nd crash in march of dennis by the way it started its boeing as an intern when he was about 20 years old and now 4 years ago he became the c. E. O. Of the company so my feeling is that the senators and also the public did not fully get and did not really learn that much new in this terrible case of course i mean saw the families of the victims present there at this hearing what were people on wall street looking for in this testimony. Well what investors basically one to know is on one side what legal consequences there could be and then maybe most pressing wend will be when will the 738 machines allowed to take off again Dennis Mullen burke himself is quite confident that this will happen within this year most of the big airlines are expecting that the f. A. A. Gives the green light to early next year if thats going to be the case nobody can really tell at this point to meanwhile by the way. Is far reaching boeing when it comes to new deliveries and also to orders surprisingly enough the stock price of boeing was up here on tuesday by by more than 2 percent as court in new york thank you. Now when it comes to online Data Processing there is hardly any way around the big ones Amazon Microsoft or google with a combined Global Market share of more than 50 percent this power has long been a nuisance to leaders in europe not least because of a number of data privacy scandals involving the us tech giants knowledge erminie and friends on valve plans for what they call a secure and trustworthy data and for structure for europe. Whether its on the production line or elsewhere storing and managing vast quantities of data is now an essential part of running a business. Here in germany though there is growing concern that the biggest Cloud Storage systems are managed by Companies Based outside of europe an issue german chancellor Angela Merkel address at a digital summit taking place indoor. Just as much almost dissolved what worries me the most is that in many areas the management of data whether its business or consumer related lies in the hands of american companies. By american. I have nothing against free and fair competition but this is creating a reliance which we dont think is right in the long term issues of the excerpt from mr bush to. Germanys economy minister peter wants that to change and has announced the creation of a europe ace Cloud Service called guy x. Its 2 to launch next year. Cloud based services arent the only areas where germany has been lagging behind the countrys also been slow to embrace digital and invasionary become a Digital Association says there are 2 areas in particular worth focusing on. The whole to shorten the guns just as we supply the world with gear boxes today in the future the center for autonomy as mobility must be in germany. Just as were leading the way in c. T. Scans we need to be leading in ai let diagnostics and treatments. The theory is that if germany doesnt catch up soon the economic consequences could be serious. And not to some of the other business stories making news made substitute specialist beyond meet has reported its 1st quarterly profit sale surpassed previous expectations thanks to partnerships with restaurant chain mcdonalds and major u. S. Grocer kroger if he can program a courier is expecting revenues of up to 275000000 dollars this year airbus has landed what could be its biggest order from a Single Airline indian budget carrier in goal order of 300 of the companys a 320. 00 neo jets the deal is thought to be worth at least 33000000000. 00 the order makes indigo the biggest customer for the a 320. 00 neo which is the main competitor to boeings troubled 737 max. Fox wagon has been somewhat behind the curve when it comes to electric mobility at least here in europe now the car maker is aiming to jolt the world of evil bill deal with a trial in africa the w. Wants to expand its car sharing fleet and wandas capital to gut kigali with 50 new cars reducing harmful Carbon Emissions is part of the motivation for going electric but theres another more technical reason take a look. Gollies 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 sees a growing market for car sharing especially electric cars most of the fuel that is sold in africa is. Up to quality so modern engines council live on it so electric mobility would actually you know go beyond that you dont really need to know where 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 it i think it makes sense in 2018 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 say in the east african community. Say that kenya. Burundi and uganda would find a way of sharing the value chain similar like the us model. And with that dennett competing with each other. Simple example. One type of passenger cars commercial vehicles electric software. Cable on is whatever and they would then use it within the free trade zone you could scale the business so every investment would make sense he says b. W. Quickly came to learn that the key to success in africa is working closely with local experts an example is the move 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. And that wraps up our show if you want more go ahead and check out our website w dot com slash business or better yet follow us on facebook or twitter im Chris Caldwell in for me and the entire team thanks for watching and never self a successful. Model. The risk of flooding and erosion by creating hillside terraces. Around the well farmlands fear losing their harvests and the Initiative Uses only take me to create a solution. Successful. 3060 minutes long. Movie its time to take stock of the face of the 1st time here on just such the cool and. Thanks for the translation. To overcome boundaries and to connect. Its time for w. D w d is coming up ahead. Minds. Last. Place. After the fall of the berlin wall not the night to double. This as the news africa coming up on the program to live or to die vast is the question sounds like an easy decision to make but whats of there is the luck of doctors all Health Facilities to kill you god as Health Minister eyes have to talk about a situation that has countries to increase the number of me twice increase the number of misses in doctors racial piece of meat completions is going to simply increase

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