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Of 25 football fields a lost every minute adding to Greenhouse Gases but what is the sound of a tree not for us the sound biodiversity Tourism Community Development Reliable food and water. The United Nations Development Program is listening and working with communities to protect forests for the future we want if youre hearing what were hearing find out more. And more. It was once the ultimate blue chip a titan of german industry but now still make a decision crops see he says things have to change as it tastes yet deeper losses. A case of marriage in maine here on new yorks markets potential take a visit tiffany and leading broke a cop. And bleeding even have got investors excited we get asked out wall street correspondents about thats why watches the world have seen in the beaujolais day u. S. Terrorists are tainting the taste of this years fresh french if. This is the do we have business im robots in berlin well come along. One of the biggest names in global steel is facing the worst crisis in its history germanys to syncro past posted a loss of 300000000. 00 euros for the past Financial Year thats 5 times more than 12 months ago the companys c. E. O. Is called on shareholders to be patient as it tries to desperately turn around its fortunes. Not to some crops flagship steel plant they are pioneering the use of hydrogen instead of coal in a Blast Furnace to make steel its a worlds 1st a significant step towards making production greener and boosting innovation. Change is high on the agenda just in crop for so long the symbol of german industrial muscle. The Company Reported a loss of 304000000 euros in the last Financial Year. C. E. O. Martina metz are shareholders to have patience with their efforts to turn the company around. But she warned it will get worse before it gets better at syncrude. The numbers indicate that we cant continue like before when i were driven by the need to ensure that all sections of the company make a positive contribution to the Group Clinton lysis for too long the group has just watched while some divisions failed to deliver the desired results to some cope muddled through instead of taking a consistent approach and start the team and clinically a tough one to gain. To fund the restructuring just in crop will sell its lucrative Elevator Division a jewel in the corporate crowd would be buyers have already shown an interest the revenue should help to steer the steel business back on track and make the company more competitive and of course just in crop wants to cut costs this will mean painful job losses among its Global Workforce of 160000 employees. Shares in tiffany and co jumped 4 percent on reports of an increased bid for the world famous jewelry brand French Luxury Group l v m h is thought of offered close to 16000000000. 00 for the American Company tiffany rejected an early a pitch from the owner of a new if we dont claiming its significantly undervalued the brand the latest oppa. Represents an 8 percent increase on that valuation. Well lets speak now to our financial correspondent in new york. Says so in new york theres another potential takeover thats getting people excited this time in the online. Brokerage sector in what can you tell us about. Its almost a revolution that were seeing in that industry a couple of years ago actually a Silicon Valley startup called to robin hood started to offer free trading on their platform and now on october 1st child swap as the 1st big Online Broker followed suit and also offered trades for free and then the other big names had to follow so that means a lot of margin pressure and now there was speculation that child swap is intended to buy t. V. Ameritrade for 25000000000 dollars this is not confirmed yet but thats what was all the rage here on wall street on the thursday session and how have markets been reacting to the changes in the brokering sector. Well we saw a mess of moves maybe 1st of all what is pretty interesting is that all saw the buyers all the potential buyers sheilds again a good 7 percent obviously wall street believes that 25000000000 dollars is a pretty good price for shall show up and then t. D. Ameritrade the company that is supposed to get bought those stock prices increased by a good 17 percent but we also saw effects on other names each rate for example for a couple of weeks there were rumors that it actually might be bought out but that is not going to happen yet and there was a bit of a disorder disappointment there on that you trade side that stock losing a good 7 per cent but clearly this is well lets call it. That were seeing in the world of Online Banking but were still waiting for the called formation so that is really putting an offer on the table a resolution big words from our financial correspondent in new york he ends quarter. Now lets take a brief look at some of the other business stories making the news General Motors says it seeking substantial damages from fit to chrysler has filed a rocket tearing lawsuits alleging its rival drives Union Officials for years to corrupt the bargaining process g. M. Says that cost it billions of dollars chrysler says the lawsuit will have no effect on its plan that frances persia. Workers at its house steel plant insult done in south africa have been protesting against its closure a Small Community 175 kilometers outside of cape town is demanding the site remains operational the area is heavily dependent on the steelmaker for work. And an International Charity is selling lottery tickets for 100. 00 euros each with a chance to win Pablo Picassos work now to almost 200000 tickets are on sale so could raise far more than the 1000000 euro cost of the piece which dates from 921. 00 the lottery will also funded projects by the ngo can in africa. Now its one of the major recurring issues affecting the african continent Livestock Farmers in Southern Africa are suffering at the hands of one of the worst droughts for 40 years the severe dry period has left many of them struggling to keep their animals alive is that the United Nations to warn that more than 11000000 people a facing crisis levels food insecurity. The deadline these boys are carrying has just died of starvation endless drives its hitting most of south africa especially the cairo towns of the eastern cape. Many sheep ive already been lost after food and water simply run as now the farmers have to share their own food with their livestock. But what about the people but demand at the scene is they keep going its all i can really give him because i dont have the money to buy the milk to feed them as they should be fed as we used to feed them in the past. This is the result of the drives that we struggle like this. Once. On a mills postured in the open suffer most many farmers have lost most of their free range herds. Are pretty far to sort of receive. Also income for us to send the. Equipment. For the 54 for the market for anyone except for those or did. You leave on the marrow is certain they will survive this ordeal even though the situation is dire. Schools here provide food for their students because too often theres no food at home. Harvests have completely dried up. When the school day becomes heavy for them its to me its been talk to me its like. Feeding kids with. Large commercial farms or not sharing their feed with small scale farmers but that doesnt bring an end of the drives closer. Now that day in november. There is a familiar dates to all watches a french wine its a late day the day when a new vote is released to the world usually 15 percent of the young wine heads straight over to the u. S. But the recently imposed 25 percent import tariff on frances signature drink means it may not slip down smoothly this year. These young women in the french city of leone have something to celebrate the next shipment of those really new has just arrived in the harbor the young wine is a favorite tradition among french consumers maybe this barrel being rolled into the city will stay here and beyond but 15 percent of push really nouveau is exported to white lovers in the u. S. Wine makers here are trying to wrap their minds around the certain 25 percent tariffs that the u. S. Has imposed on french wines such a hike in prices can be devastating. For brothers from my winery at least it hasnt had too much of an impact on us we didnt lose any orders. But were worried about the coming year that tax arrives so suddenly its very substantial and we wont necessarily be able to pass it on to consumers in the United States does need. To come to ive been planning on exporting to the u. S. For some time now the tax doesnt really affect me because i think the United States is a good one market anyway not just for bush really nouveau i dont think we can risk being priced out of the market there and we dont dare lose our image in the United States. But usually nouveau producers wont have to because u. S. Dealers and merchants decided to pay the higher prices themselves. That way consumers can still buy this years bushel a nouveau at the attractive price of between 10. 00 and 15. 00. So from d. W. Business if you want to find more from us you cant. Our web site deja vu dot com slash business you can also find us on facebook and on twitter. Face to use up to the overthrow of the gadhafi regime libya has descended into almost continuous conflict between its rival centers of power my guess this week here in congress it is ahmed not seek deputy Prime Minister of the u. S. Backed government of National Accord closely allied to groups of armed militias which have been credited with serious human rights abuses conflict so for 60 minutes on the face. First. Home tunes of species. For saving. Lives are big changes and most start with small steps global ideas tell stories of creative people and innovative projects around the world might be used as a context economy it used to Green Energy Solutions and reforestation. They create interactive content. Teaching the next generation about Environmental Protection and were determined to build something here for the next generation the years the multimedia environment series on t. W. Still going to feel the need to begin. To. Discover. The lead. Documentary on. The title. This is news africa coming up in the next 50 minutes the west african country of the sol is gearing up for a personal conviction would it be a step in the bad direction or one of the poorest and most unstable countries on. Earth like hearing people is about survival. Every person here is just trying to survive and created a new. And damned if you do damned if you dont give the ok to say scenes like this will be put into it when it will

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