Jim prosecutors meanwhile say their investigation into the into court is ongoing and will not be affected by the Legal Process in the united states. It couldnt have come at a worse time for volkswagen the announcement that its former c. E. O. Martin venter corn was indicted by u. S. Authorities it came soon after v. W. Shareholders meeting where its new c. E. O. Spoke about regaining confidence. Most volkswagen must become more honest more open more truthful so that we dont make ourselves more vulnerable again. But is still vulnerable the indictment of venta core now has many asking whether the carmaker has done enough to investigate its Senior Executives according to u. S. Authorities in two thousand and fourteen the former c. E. O. Was informed v. W. Cars produced lower emissions during tests than they did on roads. But it is unlikely event of corn will face charges in u. S. Courts germany doesnt extradited citizens to Nine Countries still the former c. E. O. Could be implicated in ongoing diesel gate investigations in his home country german prosecutors are looking into the involvement of Senior Management in diesel emissions cheating and there are lawsuits pending from both shareholders and consumers. Well u. S. Unemployment figures are out and they good for the not quite as good as some had expected in april the jobless rate fell to three point nine percent its lowest level since the year two thousand some twenty four thousand new jobs were created in manufacturing there was also strong growth in services and the Health Care Sector analysts say the figures are a sign of resilience and made of the recent stock market chaos and fear is over a trade war. And lets get more now with our financial correspondent dan scored is in new york for us this evening yes quarter some people now saying that the job numbers were a little underwhelming. Put it into context for us. Yeah you know as i saw those some headlines there their numbers were a bit disappointing and i would politely disagree yes we created a few less jobs then expected but then again the Unemployment Rate dropped from four point one percent to three point nine and thats the lowest Unemployment Rate since december of two thousand so in more than seventeen years and then also for the ninety first consecutive months we saw job growth so every single month since october of twenty ten there was job creation and that is a new record and then on top of that yes the wages did not really grow that much just by four cents in comparison to the previous months but for wall street at least thats a good sign because it shows that there is not a big inflation pressure at least at this point and therefore we had a very positive reaction on both numbers here on wall street all right thanks for that yen stay with us well come back to you in a short moment but first apple stock is getting a confidence boost legendary investor Warren Buffett has been loading up on apple shares his Company Berkshire hathaway a seventy five million apple shares actually thats more than thirteen billion dollars worth of current prices increasing at stake by almost fifty percent buffett called apple an Unbelievable Company one of the most profitable in the u. S. Hes more apple stock than any other investor in the past year. Back over cnns then again when buffett speaks i mean usually investors listen have they. And there randi theres talk of apple just here in the fridays session was up by almost four percent and reaching a new record high for the week by the way the ep of stock is up by god to thirteen percent and those are really quite astonishing numbers are in buffetts Company Berkshire hathaway now owns a good two hundred forty million episode shares and in the value of a good forty two billion dollars so really breast taking numbers that we are seeing here the funny thing is Warren Buffett usually likes to buy it when stocks are under some pressure and that was true for the ep of the stock earlier this year but definitely not right now so im quite certain that at this point and that this price of orange buffett would not start buying at both stocks again but he did so in the past and that was good enough for investors to jump on the waiting. For us in new york thank you talks between a top level u. S. Delegation to china and chinese representatives have wrapped up with no Real Solutions to avoid a trade war tariffs may remain the main issue with washington also accusing beijing of systematically infringing u. S. Copyright statements from the u. S. And china after the talks with the lights but it seems that the dispute is far from over. Perhaps Chinese State television wants to avoid adding fuel to the fire trying to play down the current trade dispute with washington this news anchor says both sides are interested in stable and healthy economic relations battle appears to be the official version of events after the first round of trade talks between china and the u. S. But behind the scenes big differences remain reuters reports that beijing has offered to lower import tariffs on u. S. Cars and agreed to increase exports from the u. S. To china whether that will be enough to pacify donald trump is still to be seen but as the u. S. Delegation leaves the country the war of words continues at the Chinese Foreign ministry this spokeswoman says that many people around the world are against a u. S. Led trade dispute showing a letter from american economists. And they warn trump tariffs are even for his countrys economy. And beijing has its own warning to washington trade barriers hurt both sides but they might end up hurting you more than us europes fourth Largest Airline is in crisis air france. Has announced that hes stepping down after staff rejected a pay off or aimed at ending months of strikes and the news comes on the same day the quarterly figures show that the company has incurred further losses. Its been a turbulent few months for air france as workers demand higher wages they say are needed to keep up with inflation a total of thirteen walkouts have taken place since the end of february. C. E. O. s will march on iraqi offered employees a seven percent pay rise over four years and invited them to vote for or against it. If the result is negative i can see how it could stay on as a company head breeze. In the end just over half of the employees rejected the offer true to his word announced his resignation his successor will face huge challenges the strikes have come at a considerable cost the Company Incurred Losses by hundred eighteen Million Girls in the First Quarter while many of its rivals posted solid profits Argentinas Central Bank has raised its benchmark Interest Rate to forty percent the move is aimed at putting a lid on soaring inflation and helping the countrys plummeting currency while the peasants depreciation is partly due to investors moving their money away from the merging economies and into dollars this is the third time in a week that Argentina Central Bank has pushed up its lending rate now they say that diamonds are goals best friend but what about diamonds grown in the Lab Scientists in the u. K. Have developed a technique to create real ones and in many cases they even purer than the natural gems but for investors that also has risky implications. Was is a diamond ask a scientist and theyll tell you its carbon in its purest form. The advertising world and theyll say its a girls best friend but until recently most would agree that the precious jewel is something you have to dig deep to find now a lab in london is using new technology to turn that assumption on its head its actually mount peace in nature i mean right were perfecting it and doing it better than nature so for me there are those emotional things that to do this enormous accomplishments to grow material that their tradition has been very difficult to grow. Grown diamonds are produced by ceasing methane and hydrogen to super High Temperature is the result is often purer than the gems found in nature. But does the difference mattered to those in the market for a diamond ring i suspect will get paid leave like newest off baby would like to say much better for us its the history i think its just the if you dont have so its cameras as a diamond you have to have the real thing so it takes this fourteen thousand dollar machine to distinguish between natural stones and those grown in the larp. You know you and i might not be able to tell it apart from the real thing the fact that the look the sorry doesnt make them the same thing one has enormous monetary value of this way and emotional value the other one is a replica replica or no analysts believe last may gems could account for over seven percent of the global diamond market by twenty twenty. Thats what youre up to say with the latest from the waldo business for more find us on facebook followers on twitter im there as well i dont see how free is in my handle have a great weekend thanks for your company and ceasing. To accidentally shed some folks to get. Into trouble. Time in the field. How can you get out. With the code oh its serious. This week on d w. Climate change. Isnt it time for good news. For a couple of people and projects that are changing no ones are meant for the better its up to us to make a difference listen small child are. Going to be environment magazine. Long d. W. We may come over we want tons of cars that honda educated we are the sum of seven percent. Want to st. The continents future. Be part of enjoying african youngsters as they share their stories their dreams and their challenges. To seventy seven percent of the dummys platform for africa its jarring
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