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
A camera on cliff is out china expert Chelsea Delaney joins us from the Frankfurt Stock Exchange will come to her in a 2nd 1st with you cliff it is this the beginning of the end i think beginning of the end is the way to describe it i think it be premature to say its more than. Theyve still got a mountain to climb and you saw you as you mentioned the introduction you know the language weve had chances weve had all kinds of things in the run up now but the fact that the Chinese Foreign ministry came out with a reason the strong statement shows that clearly theyre prepared to sort of put their money where their mouth is now and so definitely its the start of the process if that is the case chelsea lets go over to you in frankfurt why isnt there jubilation on financial markets. Well there definitely has been a positive reaction and Global Markets u. S. Stock futures are up the docks is up a little under one percent but its not you believe its not euphoria one of the reasons for that could
A camera on cliff is out china expert Chelsea Delaney joins us from the Frankfurt Stock Exchange will come to her in a 2nd 1st with you cliff it is this the beginning of the end i think beginning of the end is the way to describe it i think its be premature to say its more than. Theyve still got a mountain to climb and you saw you as you mentioned the introduction you know the language weve had truces weve had all kinds of things in the run up now but the fact that the Chinese Foreign ministry came out with the reason the strong statement shows that clearly theyre prepared to sort of put their money where their mouth is now and so definitely its the start of the process if that is the case chelsea lets go over to you in frankfurt why isnt there jubilation on financial markets. Well there definitely has been a positive reaction and Global Markets u. S. Stock futures are up the docks up a little under one percent but its not you believe its not euphoria one of the reasons for that could
Goods with us. They have a few chemical weapons theyve always got a camera on cliff is out china expert Chelsea Delaney joins us from the Frankfurt Stock Exchange well come to her in a 2nd 1st with you cliff it is this is the beginning of the end i think beginning of the end is the way to describe it i think it be premature to say its more than. Theyve still got a mountain to climb and you saw your as you mentioned the introduction you know the language weve had truces weve had all kinds of things in the run up now but the fact that the Chinese Foreign ministry came out with a reason the strong statement shows that clearly theyre prepared to sort of put their money where their mouth is now and so definitely its the start of the process if that is the case chelsea lets go over to you and frank why isnt there jubilation on financial markets. Well there definitely has been a positive reaction and Global Markets u. S. Stock futures are up the docks is up a little under one percent but its
Years since the fall of the berlin wall we look at how life changed for towns along the former inner german border. This is the w. Business im joined on in berlin welcome china and the u. S. Have said theyve agreed to ease tariffs on each others goods as part of a socalled phase one deal now tariffs have been the weapon of choice especially for the west and the months long trade duel between the worlds 2 biggest economies the announced rollback is fueling hopes of the trade wars eventually and. The announcement came from beijing where a Commerce Ministry spokesman said china and the u. S. Would remove tariffs in stages there has been no reaction from washington but hope has been growing for signs of tension will progress to a wider deal. If the 2 sides reach a phase one agreement both sides should in accordance with the contents of the agreement revoke the terrorists already in effect in the same proportion and simultaneously this is an important condition for reaching an agreement. Ch