Anger and uncertainty had buyers annual meeting putting the german chemical giant on the defensive the legal troubles of its recent acquisition monsanto have shareholders up in arms. And u. S. First quarter Economic Growth beats all expectations but investors were missed in their response the financial correspondent tells us why. Also on the show japan has a notorious work till you drop Business Culture or the countrys Labor Shortage is now giving workers in one sector some leverage to challenge those expectations to give the details. And Student Peers in berlin thanks for joining us german chemical multinational buyer faces shareholders at the groups annual meeting friday in bonn and as expected it was a tense affair the companys share price has lost nearly half its value following last years takeover of u. S. Agra tech for months and in particular after two American Court cases linked that
companys Popular Weed Killer round up to cancer cases and thats put buyer in the crosshairs of
I phone sales continue to slide apple reports sales of its smartphone fell 12 percent in the recent quarter but says its Services Revenue is making up for it. Also on the show chinese tech giant huawei points to strong sales in the 1st half year despite being blacklisted by washington is that the full picture of its business. And a beer Bottle Bottleneck is leaving belgian brewers high and dry well give you the details. This is your Business Report from Stephen Beers in berlin thanks for watching we start the show with a mixed bag of Apple Earnings results the i phone maker saw its profits slide 13 percent to 10000000000. 00 in the last quarter but it appears that the companys attempts to grow its Services Business are Bearing Fruit Services Revenue grew to a new record of close to 12000000000. 00 the figures feat analyst expectations. And for more on this lets check in now with our financial correspondent in new york jose luis de haro it was a nice as always to see you so whats the Ma
Advil lip a tour of i grow some of the worlds best known drugs could soon be under a new roof well tell you why u. S. Pharma giant pfizer is spinning off its biggest brands. Also on the show like it or leave it europes Top Court Rules against that ubiquitous Facebook Like button on external web pages. And europe single labor market has mostly been a boom for member countries with weak job markets but some you citizens are still off the books the romanian day laborer who moved to italy. This is your Business Report im Stephen Beers in berlin thanks for joining us us drug giant pfizer is spinning off its older branded medications into a merger with generic drug maker milan pfizer would have a Majority Stake in the new business which would both sales of 20000000000. 00 annually and own the rights to some of the most familiar brands of the pharmacy
including advil and cholesterol pill if its worth all of which have lost Patent Protection making them less profitable the spin off would allow
President donald trump says hes not ready to do a deal with china to resolve the u. S. China trade war tax ive always been caught in the fray for a while and now its taking steps to shield itself against the conflicts worst effects. As india prox down on the disputed region of kashmir of my current workers they are fleeing for hold. Good amount of fish and you feed him for a day teach a country to sell fish and you create a viable export industry we take you to croatia. Can rupees make you rich not if you ship them overseas for Processing Cambodia tries to put some sparkle into with domestic jumps theyre an industry. This is your business im joined on in berlin welcome u. S. Stocks fell after the white house says its not ready to make a deal with china to leave the trade war to rest meaning companies will have to
work that much harder to future proof themselves against the conflict while wafer one has unveiled its own Operating System and its chosen to name it harmony and i want to do
Venezuelans feel the bite of u. S. Sanctions gasoline is scarce leading to long lines at the pump and growing tensions well give you the details. Also on the show as the Greek Economy emerges from crisis is the countrys real estate boom a blessing or a curse. And celebrity chef jamie oliver loses part of his Business Empire and hundreds of his employees stand to lose their jobs. Welcome to business im Stephen Beards in berlin thanks for joining us life in venezuela has been hard in recent years and occasionally crushing from the countrys hyperinflation to its lack of basic goods and declining medical care at least gasoline was always dirt cheap and generally available but now thats under threat u. S. Sanctions are making fuel more scarce take a look. Money doesnt count for much these days in venezuela hyperinflation is
rampant and u. S. Sanctions are making things worse. Gasoline has been heavily subsidized for years in the country and now costs practically nothing to contrast with oth