Siemens the. Praises saudi arabias vision of a high tech future but after the killing of a saudi journalist he says business as usual is no longer an option also coming out of the u. S. Federal reserve surprises no one keeping rates on hold with a high kicks pated expected play to eat at the year. And schools of mysterious wooden towel was all over hungry journalists blame corruption and im gary and one says. This is your Business Update on how the whole frame but then glad you could join me well German Industrial Powerhouse siemens posted a mixed bag of results on thursday net profit for the fiscal year remained just over Six Billion Euros thats a slight increase on the Previous Year the companys had some setbacks recently in securing new orders vying for a multibillion euro order to build
a power grid in iraq a job the Company Might use to us competitive g. s off to the white house and divvied theres also problems in saudi arabia stevens was very late to counsel their attendance at t
optimism there haven t you john worth on 1st november that s the day of the brits miss due to of left britain will not yet have left and will have secured an extension from the european union to be a european union least until january 2020 and will be in the middle of an election campaign which is incredibly fiercely fought probably to take place sometime in november so boris johnson will be fighting for his political life up against an opposition that is trying to unify against his present plans and so 1st of november we don t know whether it will yet be the end of or strong somebody much on the way towards i d love to invite you all back for a 2nd round of the discussion after november 1st but if i did we d be discussing under another name than quadriga because ladies and gentlemen quadriga now it ends with this show but the debate here at g.w. will certainly go on we have a new exciting show coming up starting next week it s called to the point be sure
a very reliable partner competent partner of the kingdom of saudi arabia we have more than thirty million people mostly young people in the kingdom there has been a lot of reforms which have been initiated so i think we need to look at all factors the things which really really are going to hell in the kim going to be shunted this thirty is a very very promising. vision and such a concept going forward so there is a lot of cool things but there also have been talk things and i mean let s face it with the way what we have seen and heard about what happened in turkey is just not something which has moved into ordinary course of business which is a kind of conspiracy there s gotta be trust is this is that what what the kingdom has promised to do it will see how it goes. staying in in the in the regions even it was also in the running for thirteen billion dollars infrastructure project to
on the other hand look i mean she even says in the united states there was almost sixty thousand people creating another one hundred fifty thousand indirect jobs so we are a massive economic force in the country we are training people there be to revenues of more than twenty billion dollars so we are first and foremost also an american company which i believe deserves respect and a level playing field we are actually asking for it we re going to talk in our news the kids are talking about the u.s. and you being very strong there how much money will the iran sanctions cost you you ve already won down some of your business there haven t you. well. the after the after the implementation dave years ago we have been studying opus li our contacts and. it was our customers in iran now with the
a significant deal which was worth north of twenty billion that s true but obviously you know. things go as they go and i ve always made it clear we had a very reliable partner competent partner of the kingdom of saudi arabia we have more than thirty million people mostly young people in the kingdom there has been a lot of reforms which have been initiated so i think we need to look at all factors the things which really really are a bit well in the kim going to be shunted the thirty is a very very promising. mission and such a concept going forward so there is a lot of cool things for there also have been talk things and i mean let s face it with the way what we have seen and heard about what happened in turkey is just not something which has moved into ordinary course of business with a kind of conspiracy that s got up the trust is this is that what what the kingdom