Beethoven 2020. 5th anniversary here on d w. Im sure that it was. In support. Of. The debris of the. Cut. So businesses around the world are struggling but its a better time for netflix the streaming Service Booking record numbers as pandemic measures forced more people to stay home. Also on the show the clock is ticking for argentina to pay its foreign debt or face what would be the 9th do you fault in the countrys history. And good news for german folks a Finnish Company has created a new door handle with no hands required. This is your d w Business Report im Stephen Beard zimbra when its good to have you with us well you didnt need a crystal ball predict that netflix would do well for the 1st quarter of the year a growing number of lockdowns across the world and the lack of most sporting events has handed the worlds top streamer a captive audience but just how well theyve done that might surprise you. Not every day that zookeeper would prison for murder for our. Netflix a smash hit series get king has been watched in over 60000000. 00 households since it was released in march or since the start of the year more people have signed into netflix for the 1st time than it any other period in its streaming history coronavirus lockdowns have seen paid subscribers to its content climb to more than 190000000 things we are certain is the internet is growing. There are peoples lives. And they want to be able to escape whether. Joyous. Whether streaming platforms are also sharing in the spoils brought by a housebound Entertainment Market disney plus has only been going for 6 months and its already passed the 50000000. 00 subscriber mark years and had it shut you. But netflix has warned its shareholders not to get carried away. Recently. You know. 3 q 4 relative to prior years d. These are numbers history ms will continue to soar as long as lock down stay in place and movie theaters remain empty. Or lets go now to quarter in new york yes netflix stealing the headlines on a day of earnings reports what other companies stick out for you. Well actually the biggest a winner in the s. And p. 500 index was the restaurant chain popular mexican drill so they have somewhat adjusted to the situation so that people pick up their food other than that we had snaps of the Mother Company of snapchat also the social Media Company is also the way how people could people communicate changes quite a bit so they had a huge increase in daily active users that stock up by more than 20 percent and then on the down side to Delta Airlines theyre burning around 100000000. 00 each day so that stock got under quite some pressure. Markets moving up today despite what in normal times would be considered dismal numbers in these earnings reports what should we take away from this. Well i mean its really hard to give any predictions right now thats the big problem off a lot of those companies im standing here by the way on fits evan youre not the glamorous mile in manhattan but in brooklyn usually there are more than 500. 00. Shops restaurants Bars Liquor Stores and so on and so forth and from those 500 locations only about 50 are open so that clearly shows you what trouble we have we still have specially in new york but also in many other places in the United States so yes we have the earnings reports filed the big call for h. And they are not really pretty tomorrow by the way we will get to the numbers from intel amazon just to name a few but well what the market is adjusting to is that those stocks got hammered quite a bit early on when the crisis really hit and now we see a little glimmer of hope thats when we see the rewards on wall street. Companies are rewarded when its not as bad as it seems there for us in new york thank you. Now some other Market News International oil prices recovering wednesday following a volatile day of trading in which they briefly touched their lowest value since 1999 brant crude dropped in early trading to about 16 dollars before recovering and then gaining to close at over 20. 00 a barrel oil trading remains unpredictable as supply continues to outpace demand during the pandemic. Over south america wednesday is a meaningful day for argentina thats the due date for a 500000000. 00 debt payment that the country suggests it might not be able to make and that could start the clock ticking on a possible 9th state default the country is now racing to restructure its debt but its creditors arent budging so far. Its the start of the working day at the allegro restaurant and when a side has owners. These are really rough times they opened a year ago and went up debts to do it no Virus Outbreak is threatening the existence of these Small Companies and with whom i know you know when they can we close for a whole month to begin with but we realize we were going to go broke that way. So we took a chance and reopened for customers who wanted to pick up their own food after our high initial investment we had to find a way to survive somehow. The number of people on. The argentine state is also burdened with high debts the Coronavirus Crisis and quarantined measures have worsened an already delicate situation the Center Left Government is trying to get International Creditors to cut its debt both state creditors and private so far without success. For a sustainable deaths are those that dont harm argentinians we will only pay them if we can do so without violation to peoples needs. Argentina is specifically calling for International Debt to be restructured and Interest Rates to be frozen. Oh noes we want to model to restructure debt repayments we want a 3 year grace period. The news if this does not succeed state bankruptcy looms argentinas finances were in crisis even before the pandemic state bankruptcy could mean the end for the allegro restaurant they are still making ends meet largely because many neighbors order from them out of solidarity. Will keep working and our politicians should pay back the debt if that doesnt work thats just the way it is. Tina has always been in post shape why should that change now. Now right in the middle of the Coronavirus Crisis argentina must rely on solidarity and foreign help. And over to europe where the german Auto Industry is warming up for a return to production folks wagon and b. M. W. Have both announced plans to restart production lines in the coming weeks meanwhile has already started workers on the factory floor and guards are keeping a safe distance the business still doesnt quite look like normal. The face mask its now a part of their work uniform in the timeless factory in stuttgart those who come to work have to follow the new regulations and that means social distancing for weeks long this is simply line was shuttered but on tuesday workers returned to build engine sinkin it would be about the spirit is there the team is motivated and maybe its a sign to society that things are moving ahead. But not quite like before the plant is now down to only 2 shifts per day and not even half of the 19000. 00 employees who work here have returned because we cant get production going full swing in just a few weeks but the demand has to be there to help and we were forced to make this decision without that demand were not going to ramp up production was normal and off of it. Industry experts point out that even before the virus car producers around the world faced a more challenging environment with folding sails yeah hobbes thats. At the moment we just dont have corona to deal with before that there was a big loss of demand and the transformation of the car industry towards electro mobility costs a lot of money now with the coronavirus the industry is experiencing heavy turbulence fox fucking is now calling on the German Government to fund a purchase premium for new vehicles dima and b. M. W. Say theyre also behind the plan their argument is that a premium could boost demand enough to bring back full production but analyst opinions vary as to how effective such a scheme would be. Well one Silver Lining to the ongoing pandemic innovation more firms and entrepreneurs are finding clever ways to answer big new questions in finland for example a recycling company has designed a new device to stop germs from spreading on door handles take a look. Nowadays you dont have to be a german for to get cold sweats when you see one of these but a supermarket in finland has a simple solution handles that dont require hands. It is easy to fire but. This is a good invention very good helpful i think Everybody Knows this you know. The not everybody has got the hang of the nor hands hand. With contact sophos is believed to be a transmitting point for the coronavirus the idea was one companys way of helping out in the crisis they started to brainstorm how could we contribute to solving told you this crisis told them it then we came up with the idea to come up with the sat this is a product of handle and then selected 3 d. Printing for a for a minute but a few making. The handles are being trialled in just one supermarket but depending on Customer Feedback they could spread to others. And thats it for me and the Business Team here in berlin you can of course find out about more about these and other stories online at the dot com such business to check us out on facebook and twitter im certain theres a blend as always thanks for watching. To the conflict zone with Tim Sebastian coe this week. Like millions of people around the world through social distancing. To speak calmly confronting. Folks to. Push through the shame for. The spread of the disease. Conflicts. The difficulty of. Greenland is melting and the buying craze has already begun the melting of the ice sheet in the country has exposed a valuable land going to china and the us are already there. Up anees are being set out. Welcome to normal times is this consequence of Climate Change a threat or an opportunity to. Focus on europe. In 60 minutes on d w. Position in movies. Are always a symbol of a long conflict in the philippines between the muslims and the christian population. As fighters occupied the city center in 2017 president detergents response was. This is not the kind of freedom that we. Coded morello we become a gateway to islamist terror. An exclusive report from a destroyed city. In the sights of i. R. S. Starts may 20th on g. W. The president has put out in the very transparent information he provided so you know winning the trust by flumist was germany for garrett with anyone for kerry was china prepared this week on big zone is back live and like many millions of people around the world we too on social distancing while we wont be able to interview people face to face we can still record via the internet and trying to bring you the best possible quality. So according to current