The language not all of this gets me a little but uniquely to a truck would say you want to know their story muslims who are fighting and promote the mission for margaret. Saudi arabia is selling the family silver its offering a tiny slice of states own oil giant around tote but the 1. 5 percent of the company up for grabs still looks set to be the most valuable i. P. O. Ever. The bottle for the skies heats up as they do by air so with european giant airbus on u. S. Rival boeing competing to seal deals. Im sinai is investing billions in Artificial Intelligence some of the applications are improving peoples lives but there are concerns about how the technology could be used to it is our state control. This is the details of your Business Life from berlin i take for us on the welcome along. Saudi arabia has decided to restrict Oil Giant Aramco its i. P. O. To the Riyadh Stock Exchange with the vast majority of shares to be sold locally the decision is a huge step back from original plans to go public in other locations like new york now only foreign Institutional Investors are ready licensed to deal in saudi arabia will be allowed to buy the shares when they come on the market sometime in december the companys been valued at 1. 7 trillion dollars making around co the biggest i. P. O. Ever. Subscriptions start soon for weeks these billboards have lined riyadh streets now the subscription period has begun for real investors can sign up to buy shares in saudi aramco. Its their patriotic duty says the government some banks are even offering loans of 10000000. 00 euros so rich saudis can buy a piece of the oil colossus into saudi capital there is no public criticism of the planned i. P. O. Company is the crown jewel of investment in saudi arabia and a safe company to invest in the Biggest Company in the world thank god it is a Good Opportunity that crown Prince Mohammed bin gave us the chance to subscribe to be partners in this success. But the investment is not without risk there are concerns that the saudi powers that be wields too much influence that iran co is not commercially independent enough of the saudi state. And just how significant are around because oil reserves are they really enough for more than another 50 years independent analysts beg to differ. Then there are concerns over its location at the heart of blazing conflicts in the gulf september attack paralyzed Oil Production and reminded the world of its Oil Dependency saudi aramco pumps 12 percent of the worlds crude. Stocks on wall street have surged after the United States granted flyway an additional 90 days to do business in the country the benchmark s. And p. And the blue chip dow jones both hit record high fives with chip makers in particular welcoming the News Washington out of the chinese tech equipment giant to a blacklist back in may citing National Security concerns the move has fueled speculation about the state of the u. S. China trade talks. And for more on this lets cross to detail these financial correspondent yes clutch on wall stays hi yes good to see you how significant is this 90 day extension really. Well its at least some good news even if a possible ben is not and. Of the table but if you look at last year for instance you will buy. Equipment from u. S. Companies in the amount of a good 11000000000. 00 so that is quite a big contract there but on the other side if you look at intil just for example its all those Companies Selling components to you all by micro technologies qualcomm or intel for example and if you look at intel itself it has a yearly revenue of 70000000000. 00 so if you take that in relation its not the biggest customer of the u. S. To go Legit Companies but it is some good news and then ill start with they actually sold the Technology Index you on wall street reached a new record high on monday right and what do you think this tells us about the state of those trade negotiations between the u. S. And china is it a positive sign. It is a positive sign but then again the u. S. Administration keeps him saying that the trade talks on one side and the case of you well by 2 separate issues but still you could see it as a certain kind of goodwill talking about to goodwill and there seems to be some uneasiness on the Chinese Government side that the u. S. President donald trump is hesitant to roll back some of the tariffs already in place to get a trade deal done within the next couple of weeks with china so there is still this question mark when and if and how this trade deal will get done and the next deadline is approaching fast on december 15th there is the next round of terrorism posed to gulf soul that is all still out there but wall street in general does not seem to be too concerned the Dow Jones Industrial average after reaching 28000. 00 points for the 1st time in history on friday actually saw a little gains here on monday as well meaning in another record close for a wall street even if they are those question marks relating the trade talks. On wall street thank you very much for exciting sales and earnings are expected to full source of expectations in the coming Financial Year the groups business has largely recovered from the emissions teasing scandal boasts a weaker a Global Economy has put it distill pressure on the company the car giant is investing heavily in electric mobility but it needs cash to free up the billions it needs cost cuts are likely to include job sussing. By air so is underway its one of the most important events in the aerospace calendar and a place where some pretty high level deals are done this year it was european giant air bus and not the u. S. Vital boeing that was flying high. Some had come to see the planes are those had come to sell them it was European Space giant airbus that led the way with some head spinning deals the 1st with emirates announced a he still a arranged press conference. Was signed Purchase Agreement for 58. 00 of us. X. There were you today. Worth of 16000000000. 00 at the list including of course royce didnt have to do it to be it was quickly followed with another order for 120. 00 planes by air arabia we are very pleased. And happy to an order of today there were some and left in the pan for trouble drive a boeing they picked up some crumbs signing a deal that was cetane of it 737 max planes sold to sun express. Its a great. Partnership was. Very happy to. Commitment to this ecologically friendly economically. A small but much needed vote of confidence in the company and the model after 2 feet 2 crashes in the space of months so it grounded world white. China has been investing heavily in Artificial Intelligence tending billions in a bid to become a Global Leader in the technology while some applications are helping to improve peoples lives there are Major Concerns about how ai is being used to cement state control. The Star Attraction on the streets of this neighborhood may be this talking parrot. But inside the homes here you find families like this one. Talking not to their tropical birds but to their home control systems Voice Command Technology has helped improve life for the lived one family that would have thought that had charlie are performing the simplest of tasks. But they sure have gone that brings more comfort to our lives and it makes us much happier year. Thanks to advances in sound Recognition Technology elderly Chinese People can now access the benefits of ai through for their for all 5 and we found that with the Voice Recognition it was easier for older people to use these ai devices. Or feet on the board but for all the promise there was plenty of peril about use in china and shouldnt john Artificial Intelligence forms a key part of the states repression and imprisonment of some 1000000 we got news limbs. In hong kong protestors fighting for democracy where mosques to beat the clutches of the facial Recognition Technology capable of identifying gender age and much more. Seek hands we have to meet you and i speak you to it is in the friendly a few. Where china hopes to well talk to all control can bot has already sold 100 watts for use across the Service Sectors from hotels in airports to hospitals and banks of china are always a real problem. Technology especially education in the Primary School high school or even in college and technology is pressuring the Service Record industry. Funds. Anywhere else. To the ears of chinese officials as the value for an age and the range for global supremacies. The has signed a deal worth a reported 500000000. 00 with the International Olympic committee to sponsor the games until 2028 its the accommodation booking top forms 1st major global sponsorship and it will begin with the Tokyo Olympics in 2020 the move allies are b. And b. To use the Olympic Rings in advertising the companys 2nd quarter revenue reached 1000000000. 00 and its planning an i. P. O. Next year. Thats it from me on the business scene here for len for more news to check out our website that detail the dot com slash business you can also get the latest on social media on our facebook and twitter pages. See vanish and be glad that you still can. Do other cities seem so close to part of. The social vibe industrialization pornographer a common problems or tourists may not survive climate change. Hundreds trudge. Through some 60 g. W. Cutting through the noise. Where i come from people are known for being tough but fair new york and lots of people tell it like it it. They call it the concrete jungle the melting pot of the city that never sleeps its this energy that makes it feel like home but amid the hustle its important to listen and Pay Attention because its not just the loudest voices who need to be heard we all have a story thats how i see it is my job. Journalist you go beyond the obvious now im based in europe and my work takes me around the world but my instinct is for me in the state to tell the important stories behind the headlines what is the heart of the story why does it matter who live in power. To stay focused if you want. To cut through the noise to get to the truth of. My neighbors or kelly and i want you to dabble. In literature invites us to see people in particular that i like to see how strong is the kids find the strength. To bring this to work and for. You to be good on you to. Be. This is africa coming up in the next 15 minutes what all the dunns chances of peace its made is embrace and if people cordial before the cameras but theyre still far apart and dont see eye to eye on a number of issues. Believe. Me going to. Lead me to sleep. And moving with the times will take you to the posture and thats taking a different approach to learning. Now take a closer look at this maybe
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