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chinese have not been allowed to travel out of the country local people don't go off to the island very often most foreigners are gone we boat operators don't know if we will survive. not so long ago each of his boats made the trip at least 2 times a day thanks largely to chinese tourists many of the groups booked in advance to but now getting every single customer is a struggle profit says sales have dropped by 70 percent in the last 3 weeks. before the outbreak of the coronavirus nearly one in every 3 visitors to thailand came from china so they were a key market today tiny tourist or 30 say only about $3000.00 chinese are arriving per day the average used to be 30000 other players in the tourism sector are also feeling the pressure. we have really big effective not only for the chinese it's our thought the feeling of the traveler about their not in the in the more doc traveling also effective for the thai travel far out of the world now if we have a big effective for the last couple or week we have to drop about 7 to 10 drop of of that we see to. many of the lounges on the beaches of pathak empty that may be good news for tourists from europe or india but it's a disaster for retailers and restaurant owners. not long ago up to 300 people used to come here every day to eat now there are maybe only 20 i said some of my staff home because there isn't enough work for them but i can't just fire them some of them have been with me for 30 years the situation is really serious. meanwhile printed to much china has been waiting for hours for customers on the pier but to no avail he's now hoping for help from the government which last week announced some tax relief for the tourism sector if the situation doesn't improve and the chinese stay away for the long term profit and his business may soon be shipwrecked. reported a loss of almost one of the half 1000000000 euros for last year that's due to a massive fire in the european aerospace company had to pay to settle a longstanding corruption investigation on the upside revenues did increase but challenges remain for the company and its ongoing rivalry with boeing. annual press conferences announcing the financial results of major corporations are not always the most exciting affairs amid the self-congratulation and the flurry of figures it's easy to miss the big news but at the airbus annual gathering on thursday there was a gaping 3600000000 euro hole that was pretty much on miscible. small to each final agreement with the french you can u.s. authorities resolving investigations into others we have agreed to pay and then thousands of $3600000000.00 euros press interest and costs this is the price to pay to turn the page on those past practices and move forward president airbus had to pay the fine to settle a long standing investigation into accusations that between 20042016 the company used intermediaries to bribe public officials in numerous countries for contracts on top of that the company has incurred extra costs of 1200000000 on its troubled a 400 m. military transport program. but it certainly isn't all bad news airbus is underlying profitability is strong with an increase of almost 7000000000 in revenues and a rise in commercial plane deliveries last year the ongoing difficulties at major rival boeing has helped the european giant continue to book major deals in january boeing sold no commercial planes well airports sold 274 however airbus has been hit by production delays and added to the damage done by the fines it says it will take a more cautious approach to production and deliveries in 2020. now let's check in with our financial correspondent. in frankfurt just about how the markets take these figures today from us. it's been a pretty lukewarm reaction on the on the positive side higher revenue the profit when you exclude that charge for the for the bribery settlement which investors knew was coming so that was a nice surprise but the results were pretty much across the board better than what wall street had been expecting but i think this really underscores that while there there has been so much attention on the problems that boeing is having airbus is also having a lot of challenges itself they continue to have big production delays they're struggling with. german sanctions on saudi arabian exports that's hurting their military says and they're also struggling with the slowdown and widebody an aircraft so this is all contributing to this cautious outlook for deliveries that you mentioned you mentioned the troubles a boeing that. shouldn't. have been able to proceed mall from the trouble that. they have to some extent airbus overtook boeing it's now the largest plane maker in the world but given the sort of how the airline industry works people book plane orders years in advance and they also at airbus are continuing to really struggle with production so they have a backlog log of almost 7500 planes right now they're running 6 months behind on the main competitor to the 737 max it's a 320 fare best they just don't really have any capacity to really be ramping up the the production even if they wanted to so i think that's really constrain their ability to profit off of boeing's missteps here so the delay in frankfurt thank you. misson has slashed its financial expectations for this yaf with latest results showed an 87 percent drop in profits touring the last 9 months of last year scandals falling sales another coronavirus in the immediate future isn't looking bright for the japanese carmaker. nissen might be starting to get used to this on thursday it again found itself having to say sorry. let me express my sincere regret to shareholders the company results were weaker than expected. those results make tough reading a $240000000.00 loss for the last quarter compared to a $640000000.00 profit a year earlier driven mostly by falling sales business and problems are many and it doesn't see them clearing up any time soon for example the company continues to deal with the scandal surrounding former chairman carlos ghosn nissan is now claiming damages from its next boss who escaped custody in japan nissan is also battling slowing demand in key markets such as china speaking of which coronaviruses further weakening the company's outlook and sound has halted its production in china until at least later this month. execs have assured investors overall turnaround plan is in place however it could take some time until nissen is flying high again. and out of some of the other business stories making headlines around the world australian flag carrier quantas has told its international pilots it's bringing in additional flight crews to operate its legit nonstop flights from australia to london and new york that's if they don't agree to a new wage agreement the alan has been in a deadlock with pilots over how much they will be paid to fly the world's longest commercial flights starting in 2023. because it 19 or corona virus is throttling the world demand for oil not only is the virus lashing the economy in china it's also having a ripple effect on the world economy production is suffering its 1st quarterly drop in a decade demand is expected to fall by just over 400000 barrels in the 1st quarter of 2020. concerns about the coronavirus have also led to the consolation of the world's biggest mobile and telecommunications trade show the mobile world congress in barcelona many of the biggest exhibitors already announced their withdrawals. the organizers of the mobile world congress had tried to allay fears with increased disinfection measures on site recommending that attendees don't shake hands and even banning visitors travelling from who by province where the coronavirus was 1st discovered. but a slew of major tech players announced they would not attend the event including amazon facebook sony telecom and l.g. by wednesday a 3rd of all reservations have been cancelled the organizers felt they had to pull the plug and cancel the event the spanish tourism sector had tried to prevent that by stressing how important the congress is. more wine to represent the mobile world congress represents around 500000000 euros in 3 to 4 days it gives us the feeling that if not the biggest it is the best week for barcelona or let me say money. now it's going to be one of the worst many taxi drivers fear. it's a bankruptcy you never know what about it or not it affects barcelona so much also in the hotel sector. the 4 day event scheduled for the end of february typically draws more than $100000.00 attendees companies usually launch new products there and showcase their latest gadgets that business will now have to be conducted by other means not. me and the business to. business news on. our website. slash business also make sure you follow us on facebook and twitter stay tuned now for. next friday after all quick update on global markets. every journey begins with the 1st step and every language but the 1st word published in the book. nico is in germany to learn german why not play with them simple online on your mobile and free to suffer from d w z e learning course nikos fake german made him seem. beethoven is for me. beethoven is for you. beethoven is for help. beethoven is for her. is for the. beethoven is for us. beethoven is for. beethoven 202250th anniversary here on d. . this is a 15 year old girl. being gang raped. the teacher is beating a boy for talking back and class. for the rest of the class watches. and here is a tall tourist being hit by his mother. breaking up lots. of child sleeps in the streets because her family through right. here. online bullying. pushes a teenager over the edge. just because you can see violence against children doesn't mean others and there are make the invisible visible of us mike violence against children disappear. this is a doubly news live from but i live in germany mark 75 years since the allied bombing of dresden at the end of world war 2 german president from the shot by a factor should be sitting city all right in the 10s of thousands who were killed and warning against the country's fathers right up in the event for their own. also on the program china sees its deadliest day yet in the corona virus outbreak health officials it should be just 13 deaths in infections to new.

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