A wave of claims. This is your Business Report im Stephen Beers in berlin its good to have you with us investors around the world are keeping an eye on tensions between america and iran with tehran promising a major retaliation for the killing of its military commander costumes with a mani american businesses be a target it would be the 1st time a rant has put them in the crosshairs iranian hackers target j. P. Morgan chase bank of america and wells fargo with large the nile of Service Attacks between 20112013 that made it difficult for customers to access their accounts. The country attacked the Saudi Aramco Oil company in 2017 with the shamoun virus that was so devastating that the network had to be rebuilt almost entirely from scratch and earlier last year im sorry later last year november 29th Team Microsoft experts suspected that iranian hackers were focusing on physical targets employees at major manufacturers and operators of Industrial Control Systems used by power grids manufa
Republic. Also coming up lebanon is not on the verge of bankruptcy he says the countrys Central Bank Governor but protests continue anyway. And people in australia are dancing in the streets because it is finally raining. I want to get johns and this is the you business welcome. Asian stocks have risen slightly after signs that the United States and china may be inching closer to a trade deal shares in tokyo shanghai and hong kong all made modest gains after the Financial Times reported that washington was mulling a plan to roll back an levies on 112000000000. 00 worth of chinese imports that followed a solid performance on wall street where investors were a boy to buy strong u. S. Jobs data. Meanwhile french president a man where marco has delivered a vigorous defense of free trade the opening. An import fair in shanghai on tuesday he said current trade tensions between major countries are hurting the Global Economy mccaw is leading a European Business delegation keen to strike lucrat
Marks 30 years since the fall of the berlin wall we look at how my life changed the towns along the form of quarter. What prompted you to be a business i want to johnsonville im glad to have you with us german engineering conglomerate siemens reported a rise in its 4th quarter profit and revenue beating analyst expectations the company said it achieved its 4 year targets for fiscal 29000 despite headwinds from a cooling economy siemens is in the midst of a restructuring process that aims to make the group fit for the future. Siemens chief executive joe kayser has big plans with his vision 2020 plus strategy he wants to make the industrial giant ready for future challenges hes going to do this by splitting it into 3 major units Health Logistics and digitalisation as far as hes concerned the era of large corporations is over britons are him their names concerned. With our corporate concept barking on the biggest transformation in the companys 172 year history this is a significant even o
Oil will continue to rise and thats. Welcome to do business. With us the United Nations says the u. S. China trade war is harming both of the Worlds Largest economies a report by the un conference and trade and development suggests that consumers in america bearing the brunt of higher tariffs on chinese goods calling the trade war a lose lose situation the report comes us washington says americas trade deficit is actually rising. Us President Donald Trump talks a good talk about reducing americas dependence on foreign products but the latest report from the u. S. Commerce Department Says americas trade deficit is higher now than a year ago on an annualized basis and that demand for foreign products has actually been rising under trouble whats more the u. N. Conference on trade and development in geneva says both china and the u. S. Are losing their trade war. Washingtons trade war with china continues to draw fire from other quarters as well. Theres a lot of people who have frustration