Correspondents. And why watches the world over have seen in the beaujolais day but u. S. Targets are tainting the taste of this years fresh french tipple. This is the day when your business im rob walks in berlin welcome along one of the biggest names in global still is facing the worst crisis in its history germanys to some crop has posted a loss of 3 100000000. 00 euros for the past Financial Year thats 5 times more than 12 months ago the companys c. E. O. Has called on shareholders to be patient as it tries to desperately its fortunes around. Peson crops flagship steel plant they are pioneering the use of hydrogen instead of coal in a Blast Furnace to make steel its a world 1st a significant step towards making production greener and boosting innovation. Change is high on the agenda just in crop for so long the symbol of german industrial muscle. The Company Reported a loss of 304000000 euros in the last Financial Year. C. E. O. Martina metz are shareholders to help patients with their efforts to turn the company around. But she warns it will get worse before it gets better to syncro. Numbers indicate that we cant continue like before when i were driven by the need to ensure that all sections of the company make a positive contribution to the Group Clinton lysis for too long the group has just watched while some divisions fail to deliver their desired results to some cope muddled through instead of taking a consistent approach to team in clinic meant tough. To fund the restructuring just in crop will sell its lucrative Elevator Division the jewel in the corporate crown would be buyers have already shown an interest the revenue should help to steer the steel business back on track and make the company more competitive and of course just in crop wants to cut costs this will mean painful job losses among its Global Workforce of 160000 employees. Now shares in tiffany and co have jumped 4 percent on reports an increased bid for the worlds jewelry brand has been made French Luxury Group l v m h is thought to have offered close to 16000000000 dollars for the American Company tiffany rejected an early have bid from the owner of new wave which all claiming its significantly undervalued the brand the latest offer represents an 8 percent increase on that valuation. Lets speak now to our financial correspondent in new york cortez there in new york another potential takeover thats getting people excited this time in the online. Brokerage sec selling well can you tell us about. Its almost a revolution that were seeing in that industry a couple of years ago actually a Silicon Valley startup called to robin hood started to offer free trading on their platform and now on october 1st child survived as the 1st big Online Broker followed suit and also offered trades for free and then the other big names had to follow so that means a lot of margin pressure and now there was speculation that child swap is intended to buy t. V. Ameritrade for 25000000000 dollars this is not confirmed yet but thats what was all the rage here on wall street on the thursday session and how have markets been reacting to the changes in the brokering sector well we saw a mess of moves maybe 1st of all what is pretty interesting is that all the buyers all of the potential buyers sheilds again a good 7 percent obviously wall street believes that 25 1000000000. 00 is a pretty good price for shall chop and then t. D. Ameritrade the company that is supposed to get bought those stock prices increased by a good 17 percent but we also saw effects on other names for example for a couple of weeks there were rumors that it actually might be bought out but that is not going to happen yet and there was a bit of a disorder disappointment there on that you trade side the stock losing a good 7 per cent but clearly this is well lets call it. That were seeing in the world of Online Banking but were still waiting for the confirmation so that is really putting an offer on the table a resolution big words from our financial correspondent in new york he ends quarter. Now lets take a quick look at some of the other business stories making the news microsoft says its been granted a license to export Mass Market Software to while away the chinese firm was blacklisted in may as part of the u. S. China trade war microsofts new license follows the u. S. Governments decision to allow american firms to do business with far away for another 90 days we work is laying off 2400 employees worldwide about a 5th of its workforce. Is struggling to reorganize amid mounting losses once a celebrated start of we work says it now needs to make job cuts to create a more efficient organization. And employees from 13 Mcdonalds Restaurants in chicago are accusing the company of putting workers at daily risk the physical attack they filed a lawsuit claiming the fast food chains policies leave staff vulnerable to dangerous customers but donals says it takes strict measures against. Now is one of the major recurring issues affecting the african continent Livestock Farmers in Southern Africa are suffering at the hands of one of the worst droughts for 40 years is a severe dry period has left many of them struggling to keep their animals alive as lead the United Nations to warn that more than 11000000 people facing crisis levels of food insecurity. If the deadline these boys are carrying has just died of starvation endless drives its hitting most of south africa especially the car of the eastern cape. Many sheep ive already been lost after food and water simply run out now the farmers have to share their own food with their livestock. But what about the people but to be mad at the scene as they can get its all i can really give him because i dont have the money to buy the milk to feed them as they should be fed up as we used to feed them in the past. This is one speeches on this is the result of the drives that we struggle like this. Once. On a mills postured in the open suffer most many farmers have lost most of their free range herds. Are pretty far to sort of receive. So you. Also even go for us who said there are some that come in. For the 54 for that are called for anyone except for those are the. New eve on the marrow is certain they will survive this ordeal even though the situation is dire. Schools here provide food for their students because too often theres no food at home. Harvests have completely dried up. When they are disproved they become a good feel for them its to me its been taught to me its. Because of feeding kids with. Large commercial farms are now sharing their feed with small scale farmers but that doesnt bring an end of the drives closer. Both august and its Chinese Joint Venture partners will invest more than 4000000000. 00 euros next year to rev up electric car for adoption and add more s. U. V. S to its offering the worlds biggest car market is set to register its 2nd consecutive annual decline after decades of wild growth but v. W. Remains bullish every 5th cost sold in china comes from the Volkswagen Group and it expects to keep adding market share. Now the 3rd thursday in november is a familiar date for all watches a french wine its beaujolais day the day when beaujolais nouveau is released to the world usually 15 percent of it goes straight to the u. S. But the recently imposed 25 percent import tariff on frances signature drink means it may not slip down as smoothly this year. These young women in the french city of leone have something to celebrate when it shipment of those really new 4 has just arrived in the harbor the young wine is a favorite tradition among french consumers maybe this barrel being rolled into the city will stay here and beyond but 15 percent of push really nouveau is exported to wine lovers in the u. S. Wine makers here are trying to wrap their minds around the certain 25 percent tariffs that the u. S. Has imposed on french wines such a hike in prices can be devastating. For runners from my winery at least it hasnt had too much of an impact on us we didnt lose any order. But were worried about the coming year tax arrive so suddenly its very substantial and we wont necessarily be able to pass it on to consumers in the United States. To come to ive been planning on exporting to the u. S. For some time now the tax doesnt really affect me because i think the United States is a good wine market anyway not just proportionally nouveau. I dont think we can risk being priced out of the market there and we dont dare lose our image in the United States. But usually nouveau producers wont have to because us dealers and merchants decided to pay the higher prices themselves. That way consumers can still buy this years version a new vo at the attractive price of between 10. 00 and 15. 00. And thats all from. Plan b. Our fighters want to start families to become farmers or engineers every one of them has a plan for your children. On the children who have already been there all. And those that will follow are part of a new process. They could be the future of. Granting opportunities global news that matters d. W. Made for mines. O. T. C. Robotics m. L. Keep learning merged reality wait a 2nd we want the whole picture out facts instead of make ideas shift deliver us. From a measure to reality to cryptocurrency to your topics for live in an ever changing Digital World lets talk to devise a sure fire shift. On t. W. Story so that people whove world over information provide. The means they want to express d. W. On facebook and twitter are up to date and in touch follow us. With each passing day of the continuing conflict in syria more and more children feared their future may be fading away. With every classroom damaged or destroyed with every child witnessing the horrors of war every family fleeing the violence we cant risk losing an entire generation of children to death fear and despair. Because they are the future of syria. And welcome to news from the world of arts and culture our role with meryl and coming up in the next quarter of an hour. British officer. And his wit of wonderful wearable sculptures that can take up to 2 years. And a very skilled workmen ship involved in making maps which illustrate landscapes you know more. But fust the city of birmingham Symphony Orchestra in the u. K. Seems to have a bit of a knack of finding talented conductors the current music director is the lithuanian conduct a mic aggression need. Appointed to the post while still in her twentys rather like one of a previous simon rattle now just 33. 00 shes the 1st female conductor to have an exclusive contract with a leading classical Record CompanyDeutsche Grammophon and is in much to mom as a guest conductor as here with the door. Is one of the most exciting conductors working today here and they call her maestro me again the 33 year old lithuanian will be a regular exclusive guest artist there for 3 years her repertoire