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The flames that consumed forests and entire residential areas. Cut. Rising temperatures water shortages land clearance theres an abundance of flammable material once again i did most of the stuff in the 1st. Summer going to snow. Mobile concentration the world on fire starts aug 12th on t. W. Teenagers in the u. S. Might be able to keep that to talk account softer all u. S. President over trump seems open to microsoft buying the chinese run social media site about they could be conditions attached empty offices a spooky sign of the pandemic but could it become the norm Companies Make big savings and we get to work from home. And Japanese Firm comes up with one way of dealing with the nations labor shortages allowing employees to keep working until their right seat. I mean physical and lets do business white house trade advisor Peter Navarro suggests microsoft to vest its holdings in china or if it buys the popular chinese app to talk the u. S. Tech giant has over 6000 stuff in china with offices in beijing shanghai and sujal microsoft shares surged yesterday after confirming it wants to buy the american nom of the video platform but the deal is drawing scrutiny in washington to talk has around 100000000 users in the United States the government claims beijing is in a position to access all that private data its stored on u. S. Servers and backed up in singapore u. S. President dont trump says the app under its chinese owner has poses a National Risk is that it could be handed over to china or upon request he set a deadline for a deal with microsoft so wouldnt close down on september 15th unless microsoft or somebody else is able to buy it and work out a deal an appropriate deal so the treasury of the really the treasury again she would say of the United States gets a lot of money a lot of money ok you heard it a lot of money by it has just presented its 2nd Quarter Results and here we have huge losses loss of 9. 00 and a half 1000000000 euros a c. Plus reflects the impact of the recent deal with u. S. Authorities as the german firm battles a slew of lawsuits its fucking out billions of dollars to settle claims that its like the state based wheat kill it causes cancer it inherited the products when it took over u. S. Seed and Chemical Company monsanto it was the most expensive german takeover in history. Lets bring in conrad boos in our financial correspondent in frankfurt what are investors making of the numbers. Well them the 1st in the Theater Reaction of investors in early trading here in frankfurt is positive but i think it will be worth giving investors a bit little bit of time to take a more indepth look at those numbers because both Sales Numbers and net income all fire in the 2nd quarter is worse than what analysts have for costs and also the outlook is very shaky buyer says the Financial Impact of covered 900. 00 remains difficult to predict so. I think lets take a very close look at the share price in the course of the striving day you know we always forgot about the Coronavirus Crisis didnt weigh in and theyve had a lot on their hands glad to say this week killed and also the takeover of monsanto which cost a pretty penny well stay where you are conrad because i want to talk to you about oil in a 2nd oil futures gave out there overnight gains and fell due to nagging worries about an increase in the supply of crude oil prices havent been this low though in a long time the Coronavirus Crisis all factories around the world close travel hold that demand plummeted oil giant be a b. P. Has just reported a 16800000000. 00 net loss for the last quarter and then the only one turning. Petroleum is no longer a direct pipeline to profit Global Demand for oil and gas has dropped the pandemic has put entire economies on hold and edgy consumption is down and so is the price of oil. That price was already low in january just a vis 60. 00 a barrel during the pandemic a lack of demand pushed it down further the oversupply even briefly led to send is paying to get rid of that oil future is now the price has recovered somewhat though it remains low. Oil companies overproducing even be fooled the pandemic and the glass on the market is a further problem because Storage Capacity is limited to say that we will produces will have to adapt to much you know demand worldwide at least until the end of next year some say considerably no longer than that. That could really hurt one of the signs are there any signs on the horizon for oil demand to pick up yes there are a few very. Very very small signs i might say that are from the Manufacturing Sector because. Purchasing manages indices which were reported from all of the industrialized nation from china from the United States also from europe theyre all pointing a little bit to the upside. Purchasing managers came in better than what the analysts had expected of course for the oil sector to pick up will be really really small and its in secure nobody knows what to call that my team has in store in the course of this year already i understand its hard to see the optimism in any of the taste or it is today but tell me the oil industry has been trying to adapt to peak oil for a long time in the times of the fossil fuels of course have they adapted well would you say. You know theyre in the middle of it and if you look at the share prices or for example b. P. And shell itself is that vestas have lost some faith at least since last year and you know the challenges for the oil sector are so many weve got only seeing the decline in the Airline Industry and fewer and little demand from heavy industries also from the petrochemical sector which stands for 15 percent of the oil makers sales demand is going back because for example plastic bags are being banned in so many places of the world caribous and at the Frankfurt Stock Exchange trying to keep our mood and said man up someone. Thanks go read. Over it now this private firm been group is exhilarated production of ventilators as the country sees a rising coated 1000 cases the conglomerate is known for manufacturing smart phones in cars like many industrial firms it has retooled Assembly Lines to produce ventilators amid the Pandemic Group says it can make up to 55000. 00 bed late is a month it now was widely praised for its initial efforts to contain the virus when 99. 00 days without any new infections but since late july has reported hundreds of new cases. Will Companies Keep using offices post kuroda its a valid question a lot of workers have been loving home office me included manages have had to let go especially the control freaks but if the job gets done why not the savings the bosses certainly becoming clear. James brincat is one of the few people working in this place will building his Company Vantage point consults for the Financial Sector and an office here is a status symbol but since the pandemic offices in Conference Rooms are less important to him he says in future hell just rent space when needed. This is an expense for a small medium sized business was an expense we are all incurred if we didnt have to. And by saving that expense he can clock up 15 percent more profit at the end of each month by going office free its a completely new model and it may be a permanent one. Some people are even calling it a revolution triggered by the necessities of the pandemic if it takes root it could make at least the open floor office in london superfluous yet commercial construction is still going on all over the british capital. The change is a problem for commercial property agents in londons tallest building the shard li elliots Real Estate Company is hoping to rent out offices. This stylish workplace costs 15000. 00 euros a month elliot believes hell find tenants for it. I dont think its a crisis so i think theres a correction in the market a slight reduction in the amount of space required but the key point is walk but space is useful its no longer going to be about rows or upon row of best people processing email because we know we know we can do that are in effect survey so actually its about using the office space to bring people together to collaborate to educate them whether thats formally or informally but in a poll carried out by the London Chamber of commerce and industry in may 9 percent of businesses said theyve closed their physical premises for good change is exciting and if that gives people more opportunity to have a better Work Life Balance weve been talking about that long enough that we still have people coming in and our on the cheap goods at the center of love the boycott oclock in the evening. Leaving at 5 oclock with the other half 1000000 people who come in and out of the square thats not Work Life Balance this is giving us an opportunity of really addressing i think its tremendous the very value of office space is being called into question its a sign of big changes afoot in londons working world. Finally everyone dreams of retiring as soon as they can they are not in japan one company has made its employees a special offer they can work until they are 80. When it comes to sales its all about the shine that something decades of experience have taught today. How old is he actually. I wasnt expecting to still be working at this age i always imagined 72 was quite old but once i turned 72 i found that wasnt the case i feel like im in my fiftys im doing my best to keep up with young people. Who many of his colleagues are in their twentys hanging out with them keeps him young he says his employer the Electronics Chain wants to make the most of such committed employees you could do the door or we already have about 100 staff who are 65 years old or over. With and i expect the number to increase. For the program. Has Just Announced that it will keep its employees on until theyre 80 japan boasts the worlds highest Life Expectancy an average of 84 years you know many people here retire in their mid sixtys but a shortage of workers means that some like to actually started more than welcome to stay on. With. Journey through a continent in crisis south america is being hit particularly hard by the fall and the fires pandemic poverty. Health system. And Political Tension the ideal breeding ground for rapid spread of the virus hardship continues to grow closer. On. The way. To do didnt beethoven did in the end to jazz. It as it does about assisting with. The old without beethoven i cant even begin to imagine. The september 16th. W. Tens of thousands of coded 19 victims the president is playing down the crisis anger is widespread brazilians often have no masks and no words. The months long lockdown is taking its social toll poverty is on the rise. And options are not more

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