Chairman is stepping down early as the Company Continues to wrangle with tens of thousands of lawsuits of the wheat killa around town. Welcome to the Business Life from berlin i want to jones good to have you with us fears of an epidemic has investors on edge in asia where japanese markets continue to this sell off for the fed today running the nikkei was down more than 2 percent on fears the Olympic Games may be called off however in china there maybe is some cause for hope markets are up on news that the country is seeing fewer deaths from coronavirus and that as a central bank announced stimulus measures designed to offset the economic fallout from the virus. And more lets bring in our correspondent in taipei it suits. The epidemic seems to be under control inch high and has business returned to normal then. Well the governments figure would tell you that over 70 percent of the production has been restarted but those Big CompaniesSmall Business reported that only 30 percent of them are back at work and they are the majority of employment in china some of them told me that the process of returning to normal operation has been very difficult because they cannot meet the virus prevention standards to local governments but they do expect full production in april and almost all workers returning to work in march the only problem they have right now is that they have to manage to survive before that. Ok point taken lets move to taiwan we have that stocks there are a dow and it has just the coronavirus Effect People that all the taiwanese da market turn red as investors run scared of coral now travel and tourism links to china are suspended that does some harm to taiwanese economy because china is tao is the largest trading partner but all the other hand on the other hand more business move from china to taiwan after the outbreak in china and right now in taiwan they are currently 32 come from cases and the government has raised epidemic response level to the highest but thanks to experiences from sars most how many people are super cautious so you can see people wear masks a face mask is everywhere everywhere they go and peoples body temperature are constantly measured so you can see after speaker here him is that my body temperature has been measured and its under 37. 00 degrees celsius so i can enter the building without problems so yes youre super healthy theyre just very briefly what happens if you do run a fever or then they would advise me to go home and do my work at home ok good advice. In taipei thank you for your time. Meanwhile the spread of the corona virus across europe is hitting the Tourism Sector the number off Chinese Tourists as a ready been dwindling for weeks now and now with local cases of the virus also on the rise in countries such as italy spain and here in germany for example will governments are considering debt heavy stimulus packages a top official now says that you know. The eiffel tower is a must for tourists visiting paris afterwords they might go on a shopping spree normally theres a long line in front of the Louis Vuitton store on the shops and easy but not today the economic effects of the coronavirus can be felt in this Duty Free Shop as well. Says perspective you know business is bad 60 percent of our customers come from china that means 60 percent less business for someone brussels made no prognosis on wednesday about how strongly the e. U. Economy will be affected by the coronaVirus Outbreak global g. D. P. But in many e. U. Countries people are talking about economic stimulus packages the e. U. s konamis Affairs Commissioner made it clear there could be exceptions in the e. U. s otherwise strictly regulated debt policies and ostroff. As it stands right now the stability and growth pattern. Contains clauses for flexibility. That should cause dancey which. Theyre linked to exceptional circumstances. In the coming months well talk with our Member States about the conditions under which these exceptional circumstances can go into effect this will give you. The stability and growth pact could help italy in its time of need. Its one of the most heavily indebted countries in the e. U. Thats why brussels has imposed austerity measures on rome. Italy is also the e. U. Country most affected by the corona Virus Outbreak and its not just the Tourism Branch its affecting the Industrial Center of the country lombardy entire towns have been cordoned off companies are counseling work related travel and many are now working from their homes. On the coronavirus meanwhile reached several states of germany however the number of confirmed cases is Still Limited but in a statement to German Health minister again sponsor expects the virus to spread further if in on something you know not we are at the beginning of an epidemic of the corona virus in germany and the new cases in north rhinewestphalia and bought in britain back are a sign of this fix and it is currently not possible to accurately trace its spread not to foot seen. Our i phone lets cross over now to our Financial Market correspondent Chelsea Delaney and franks chelsea listening to the Health Minister right now i gem a business is ready to tackle and an epidemic like china. Well i dont know if you can ever really be ready for an act epidemic but there have been a lot of companies announcing plans for how to deal with this for example which has been hit really hard by the slowdown in International Travel yesterday said it was cutting costs that it was suspending hiring that it was considering unpaid leave for workers other Companies Banks for example which a bank. Theyve started canceling work related trips to both asia and also now italy as well and other companies are coming up with plans for remote work but of course only not every company is really suited to remote Work Tech Companies for example that could be easily done but if youre making a car if youre you know a Retail Establishment you can really work remotely for that and you also have to consider just how much businesses have already been through with the shutdowns in china how thats affected sales in china but also production lines here and germany already is so companies are really are already really reeling from this coronavirus exact and this is also why the European Union discusses the the flexibility of the stability pact was that mean for european economies. Well i think its going to really vary based on the economy the point of making it more flexible would be obviously to help bolster the european economy but a country like italy for example is already really under a lot of pressure for its public spending it doesnt really have much flexibility to to unleashed emulous to inflate the economy here but if they do start adding more investors could be quite concerned about their ability to service that debt in the future or other countries like germany have a lot more flexibility and a lot more room to spend but i think these discussions are going to be ongoing over the next couple of months right Chelsea Delaney there reporting for us from frankfurt which of course is germanys Financial Hub chelsea thank you so much. The e. U. Commission says the germany should invest more money in its Economic Future mostly by strengthening education sustainable transport and Affordable Housing europes largest economy has been criticized for not investing enough according to a new study brussels sees some improvement as of late but suggests there is still more room for growth the commission is also critical of germanys high trade surplus suggesting it strengthens the economic balance amongst your Member States. And ill just some of the other stories making news. Microsoft has lowered its revenue estimate for its personal computing business in the Current Quarter the company says the corona Virus Outbreak in china will impact its supply chain and that will weigh on sales of Windows Software and surface tablets the news and microsoft shares that were in after i was trading. Apple chief executive cooks at the company will open its 1st physical retail store in india in 2021 speaking at its annual Shareholder Meeting cook said apple would start selling its Products Online in india this year and will open its 1st apple store there next year u. S. President on a trump visited india just this week. By a german vana venning one of the architects of a multibillion dollar takeover deal that has left the german drug and Chemicals Group fighting costly lawsuits will step down in april by plunged about a quarter in value since august 2018 when the company lost the 1st us lawsuits claiming wed kill a roundup which was acquired via the takeover of monsanto causes cancer. And then a vending seen here on the right was chairman of the board during the companys acquisition of u. S. Seed and Farm Chemical Company monsanto in 28. 00 teen but the 63000000000. 00 takeover turned into a problem due to exposure to legal troubles involving the weed killer roundup. Users have filed thousands of lawsuits in u. S. Courts alleging that the active ingredient in the herbicide glasgow sate causes cancer in august 28th seen a california jury awarded almost 300000000. 00 in damages to a groundskeeper in the 1st round up lawsuit. The amount was later reduced but juries of found buyer live on 2 other cases buyer denies the allegations and is appealing all 3 cases the company says the weed killer is safe fighting the costly lawsuits has weighed on the value of buyer shares since the acquisition of monsanto in june 28th seen the share price has fallen sharply though it has recovered some of the losses in recent months shareholders have criticized the companys executives for underestimating the risks when it bought monsanto last month the german business daily honda is black reported that the buyer was considering stopping retail sales of life of a saint while continuing to serve farmers. Today. Theres more to come. From. Thanks for watching. Im scared that. Thats hard and in the end its a me youre not allowed to stay here anymore we will send you back. Are you familiar with this. With the smugglers with clients and. Whats your story ready. Im working on was a women especially in victims of violence. Take part and send us your story we are trying always to understand this new culture. Not a visitor nothing yet you want to become sitting. In for migrants your platform for reliable information. Because this was the secret. To the. Assurance seen from the film in alexanderplatz one of the big world premieres set of raise it up the bird in International Film festival this week. Welcomes arts and culture Colin Alexander plots by alfred do glean is one of the most important novels written about the time of the Weimar Republic just before hitler came to power 1st film did not in 31 then famously by run of Anna Fassbender for t. V. In 198315 hours long now theres a brand new version of this old story set in modern day belin. 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