agree on whether to renew the european license for the widely used herbicide over a million europeans have signed a petition against it worried that the chemical causes council some studies prove otherwise. it's the most commonly used herbicide in the world in europe farmer sprague life is saved on around half of all fields used to raise commercial crops but the weed killer is highly controversial due to concerns that could have an impact on human and environmental health today the e.u. once again postponed a decision on whether or not to ban it activists in brussels hit the streets on wednesday to push for one they say its institutions have colluded with the industry at the expense of the public they want the commission to come out with a non-renewal a full band any number of years whether it's one year five years ten years as long as it's revenue it's not a ban and european citizens have been clear they want to ban studies don't agree on whether glyphosate is a long term cancer risk or not the world health organization has said it could pose a danger the e.u.'s food safety authority has proclaimed the chemical harmless but has also been accused of basing that opinion on studies sponsored by manufacturers like monsanto greens in the european parliament say that's not acceptable. we need to look at independent studies not just ones carried out by the industry we have to finally end this thing with life i say there are standard farming methods that work fine without the heavy use of chemicals. by standard farming methods mountain hoisting means organic agriculture but many farmers say those methods are too expensive and think it's enough to only ban use of the herbicide directly before the harvest the battle will now continue as the e.u. committee responsible for making a decision was once again split at the conclusion of the meeting no vote was taken the commission took note of the position of different delegations often in the states a form which you could now reflect and really knows the date of the next meeting shorty. the commission is in favor of extending use for another five to seven years but it will have to reach an agreement soon life as state's controversial license in the e.u. expires by the end of december. profits that lufthansa have rocketed to the german carrier reporting a thirty two percent rise in on the line third quarter earnings before interest and tax now off he is a cost cutting a group is back on the offensive but it's also keeping its feet on the ground sticking to its annual full cost. businesses going up and germany's largest airline look tons up in the summer the car increased ticket prices and its cargo unit is booming looks hun's out was able to boost revenue thanks in part to sing creased market share following the acquisition of brussels airlines last year the carrier is also flying more people. in two thousand and sixteen look tons of flew some one hundred ten million passengers nearly two percent more than in two thousand and fifteen the growth didn't come from its flagship carrier but from its german subsidiary the budget airline and euro wings still for the first time look tons of passenger numbers were overtaken by dublin based low cost carrier ryan air the german airline now plans to retake the top position from ryan air in europe with its acquisition of a large chunk of rival air berlin and it's not stopping their looks turns out also wants to apply a parts of italy's largest carrier of the italian but untie trust authorities could spoil the party they will be reviewing whether look tons of it is gaining a monopoly position on too many routes. germany's largest lender dacha bank has agreed to pay out a combined total of two hundred twenty million dollars to forty five states in the u.s. over its alleged manipulation of into bank lending rates the states investigation revealed that deutsche bank along with all the big banks including barclays had inflated the libel rate that rate is used to work out how much banks should charge each other for boring money has already agreed to fines of two and a half billion dollars with federal authorities in the u.s. and in the u.k. the bank says the payouts agreed to today close the case time to check in with wall street now financial correspondent yens quarter is standing by yes case closed seemingly for deutsche and banks in the u.s. have to be breathing a sigh of relief today off the senate kill that ruling to make it easier to sue banks tell us more about that. you know i was a little help of vice president of my. senate voted against the proposal for former president barack obama that would have made it easier for consumers to file a class action suit against finance a huge. vote of the senate all that is missing is the signature of u.s. president donald trump. pretty likely to happen any time soon it is seen as the biggest regulatory victory for the financial industry since the new administration took over if you look at the financial stocks overall they have been on fire in the past couple of months and even if that is seen as good news at least for big financial institutions stock in that area it didn't move that much here on wednesday but as i said so financial stocks saw an incredible increase in the past couple of months absolutely quite a coup for the banks now the markets definitely not as chirpy as they were yesterday seems that some of those quarterly earnings out to just not managing to convince. there well maybe it's a little bit of buy on the rumor and sell on the facts because we've got a couple of big companies earnings boeing coca-cola the chip company advanced micro devices that actually the numbers were pretty solid came in more or less in line but still results and heavy selling advanced micro devices for example losing thirteen percent in value but that stock in comparison to last year has more than doubled also boeing on the rise and that stock was the biggest loser in the dow jones industrial average so even if we got used to it what we contest a new record every single day now the focus is on thursday when the first big tech companies will be coming out where their earnings microsoft intel amazon just to name a few absolutely and whatever goes up has to come down as well so some stability is welcome yes go to a new york thank you very much now for most of us to spain and that driverless car is still a way off in the future but a ride in a driverless boss well for that you just need to get yourself to a bus stop in a small town in the southern german region off the very the first driverless boss in germany has taken it to the streets there and it's free. this tiny thing is cutting edge technology first plans that may be hard to believe but it's the first traveling operating and public role in germany it's being tested on the streets all but been a small there in town two hours from munich. here in the countryside and where there's a lack of what about transportation i really believe that we need to have a service that's efficient sustainable under fordable like he was under at the same time environmentally friendly. and you know michel and the bus is free to the public and maybe with reason it's slow moving at just fifteen kilometers per hour but riders probably have time to spare the short truett connects the city center with. all right a vision or a mirage saudi arabia is planning to build a mega city in the desert now oil will not be pumping through the heart of this metropolis only alternative energies robo robots trains and driverless cars will dominate in the price tag we're talking about or all the cool off a trillion u.s. dollars. if constructed as planned the saudi megacity neon will be the largest building site on earth covering more than twenty six thousand square kilometers that an area of land half the size of switzerland it will go up on the coast of the red sea not far from the hundreds of ships that head for the suez canal every year ten percent of the world's exports pass through the waterway saudi arabia wants to be a new global center for trade crossroads between asia africa and europe trade is just one of nine economic sectors planned for the city the saudis also want to draw companies from the fields of transport robotics biotech food science internet technology and energy with little for the difference between it and a city of today is going to be like the difference between these two phones. to be attractive for foreign investors and staff the country's strict islamic based laws will not apply within the city's limits will have its own systems and regulations separate from the rest of saudi arabia men and women for example will be allowed to work together it's an ambitious plan but throwing money at it is no guarantee of success there are still many vacancies and a similar giant project the king abdullah economic city. and dubai has plans for a large carbon neutral urban center mazda said they are still reliant on conventional energy sources for many of its power needs the new mega city is also supposed to be powered solely by renewable energy saudi arabia says it plans to finish by twenty thirty five. that's it you're up to date with the latest from the world of business and more find us on facebook follow us on twitter. by now. well nationalists are on the rise with the world wide and then they will tell me what i am almost afraid to highlight different shades of nationalism and to find out what does make me do you. share your story join the conversation if you want to w. on to the top and on facebook. yeah i'll do my story and i think one day this war will be considered cruel and unjust war but. certainly all citizens of ukraine every man woman and child if she no money from their homeland of the enemy invades give it up for you. no one wants russia here and on the eastern europe which is going to . rebel against the mighty global news that matters. d.w. made for 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