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Transcripts For DW Business - News 20240712

Dont stand a chance. Training success. Starts to trim 70. 5 years 3200000000 euros in the fraud had fallen those are the allegations behind 3 new abreast of top executives at former blue chip wire cart with prosecutors describing a long running in lucrative scheme to defraud investors. Also Shopping Centers were struggling before the pandemic now theyre on the knife said a visit one of berlins biggest. Welcome to the show im stephen beards the end berlin its good to have you with us. German prosecutors have arrested 2 former Board Members of wire card and rearrested at c. E. O. Marcus browne as part of their Fraud Investigation into the former blue chip prosecutors say the beginning in 2015 all 3 were in on a scheme to inflate the companys Balance Sheet by faking invoices wire car declared insolvency last month after revealing a nearly 2000000000 euro hole in its Balance Sheet the scandal has put the German Government on the defensive and when they announced those no rest prosecutors i

Transcripts For DW DW News 20240712

Find out of life is life for jewish People Living in the town of hala and we still face anti semitic provocations plus the deserted beaches of miami rain is keeping them empty but the citys hospitals are full trying to cope with coping 19 cases as the pandemic surges across the u. S. Im sorry kelly welcome to the Program European leaders have sealed a deal on an unprecedented 750000000000 Euro Coronavirus Recovery Fund after 4 days of heated talks which almost broke the record for the longest e. U. Summit in history leaders finally agreed on the details of loans and grabs to be given to countries hit hardest by the pandemic the loans will include rule of law compliance measures meeting Member States will have to show that they are upholding e. U. Loss to receive the relief funds the European Commission will also undertake mass mutual borrowing for the 1st time. Well as the current president of the council of the e. U. Germanys chancellor Angela Merkel worked closely with frances presid

Transcripts For DW Business - News 20240712

In asia. Ready to take on this challenge with their unique ideas to look at those 2 problems and make them one solution. To the. Valley this week on d w. Dollars have permanently closed microsoft says its stores around the world will not reopen after the Coronavirus Crisis. With 3 german majors making global headlines will round out for randolph whats been a wild week in frankfurt. And with many gigs around the world comes to a look at an invention that aims to help you feel the music. This is the do we have business on robots in berlin welcome along microsoft says its stores around the world closed because of coronavirus will never reopen the u. S. Companies permanently shutting all but 4 of its stores thats around 100. 00 outlets microsoft says its taking a new approach to return will invest in its online shops the 4 stores that wont be firmly closed will instead be turned into what the Company Called experience centers. Along this lets speak to our financial correspondent on wall st

Transcripts For DW Business - News 20240712

Orders. Dont stand a chance. Duck it. Starts july 27th. Is it time to face the music big name corporations their appetising for the likes of facebook stocks and others want to be connected to racist posts that have been doing the rounds on social media platforms. As franco passengers a coronavirus test hed linked to take it to say going into quarantine final destination. And friends of talks between britain and brussels are quite fishy. Business starbucks says it will pause in social Media Advertising over concerns about hate speech on the platforms he announced that comes advertise a boycott of facebook picks up steam with civil rights organizations pressuring the platform to cut offensive and misleading posts shows facebook has been under pressure after a number of Companies Including added us honda unilever and cocacola announced they would stop advertising on the platform. Following this story for us is in new york how big a concern is this for facebook well the pressure is certifi

Transcripts For DW DW News 20240712

A new class of zombie shares on germany stock market the payments processor why are card collapsed last week so why arent shares surging. Im sorry welcome to the program chinas nationals Peoples Congress has passed a controversial security law for hong kong that critics fear will give beijing more control over the semi autonomous territory some people in hong kong showed their support for the new law while prodemocracy activists opposed it critics say it restricts freedoms and does that odds with the one country 2 systems policy agreed by china when it took control of the former british colony back in 1970 now britain has called the new law a grave step while the us is removing hong kongs special trading status. And joining me now from hong kong is how democracy activist glacier quality to the program and thank you for joining us this law a suspect expected to take Effect Tomorrow what do you think happens next. Actually because no one has actually seen the content of the law even thou

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