When it comes to the fans of the humans and see the white 2 fools who have decided to put their trust in us. My name is jim paris and i work with. Tesla gets the green light of course as the electric car maker can continue clearing trees from the sides of its pond gigafactory in the lead. Also along all day on wall street a 13000000000. 00 buyout by Morgan Stanley is the biggest by u. S. Bank since the Global Financial crisis. And careful its hoped childrens downsizing the recession isnt during customers the swing of the. Wrist. The way of business im rob was in berlin welcome a lot. That has been given the go ahead of course in germany has brought that forest clearing for the car makers new factory can resume environmentalists have blocked the work in court saying the public has not been properly consulted they get a factory site is located just outside of berlin and will be tested 1st in europe election is set to begin in 2021 and several start ups in the area already awaiting the firms right. Just a few more batteries to build and then thats it for the next few days theres a dip in production a test fault in brandenburg the supplier cant keep up deliveries of the required tack the company is feeling the downside of the emo billet a boom empty shelves in the warehouse where crates would usually be piled up high the boss of the battery producer says such a production bottleneck is nothing new the industry is booming thats why founders the manchanda has doubled his staff each year hes even considering building more space no problem as the land prices in the east of germany are so low. He doesnt stop up just not really where a start up so of course costs play a huge role we also have a location here with 4000 square meters of pure production and Warehouse Space thats a key reason why we set up shop here 4 wheels off because it without a single square meter of building plot costs around 70. 00 euro zone brandenburg in the south of Germany Companies can expect to pay 420. 00 euros or more since tesla announced its gigafactory the area is beginning to look like a key location for europes the mobility revolution but whos profiting from who is listening big this hasnt all popped up because of tesla but rather tesla came to brandenberg next to berlin because all these startups are in the area there are people who can be trained there that would be of mutual advantage each side benefiting from the other that would be a positive for. The tech startup m. B. E. Energy could get inspiration from its new neighbor tesla here in the production hole ideas a forged into prototypes after many hours of design work by engineers at charging station that makes elektra city out of biofuel the bosses are already looking forward to the top dog moving in next door. Its amazing its given the area a huge uplift. And above all you notice it in brandenburg things are moving forward here the uplift in east germany is finally taking place but. The engineers want to bring their 1st charging stations into production in 2021 now that tesla has the go ahead to clear space for its gigafactory the route is clear for the 2 neighbors to launch production at around the same time. As the biggest acquisition by wall street bank since the Global Financial crisis Morgan Stanley is buying discount brokerage in a trade in us. Stockdale worth around 13000000000. 00 the bank says the purchase represents a leap forward as it tries to broaden its own Wealth Management. Of more on this lets cross to our correspondent on wall street jose luis de haro say the biggest u. S. Banking acquisition since the financial crisis in 22008 so whats in a with this to happen now. There are there are so many factors had to take into consideration robert the 1st i would say a friendlier administration in washington towards deregulation these operation is the 1st off its a kind since a 2008 as you mention that will test the waters from regulators perspective but also the ones a child of Investment Banking has indeed to reinvent itself over the last 8 years it has a Trading Operations and focus more on lending and Wealth Management and even though all the Federal Reserve cut rates 3 times last year Morgan Stanleys airlines have been pretty solid and pushed shares up 33 percent over the last 12 months. So why are we seeing the likes of Morgan Stanley keen to move into the brokerage sector. Need to from a big investment banks like Morgan Stanley or Goldman Sachs to look into a real growth over the last couple of years seeing goldman say case we have seen a push into Retail Banking and lending through new businesses like mark or aapl card for example in morgans case their latest operation need to clear opportunity to grow its well for management business with mom and pop investors. Who are among the retail brokerage platforms instigated by robin who do each as you stated no Commission Rule has forced a Major Players to either join forces such as the case of Charles Schwab and t. D. Ameritrade later last year or do you press. Price converting that company like i can do for long time suitors like Morgan Stanley has a thanks for joining us thats jose luis de haro in new york for us. Now the corona virus is affecting the Global Economy as demand for goods and services declines in china one of the Many Industries affected are the airlines who have been forced to cancel flights to the country now the International Air transport Association Says carriers in the Asia Pacific Region as we can see here are losing out to the tune of 27800000000. 00 thats because of the outbreak those most hits are chinese firms as you might expect but if we do just broaden out the picture and look at airlines globally we see that figure rises to 29300000000. 00 almost 30000000000. 00 and thats not all i ought to says its figures only apply if the center of the outbreak stays in china i also said on thursday speaking about the virus if it does spread more widely to asia specific markets then impacts on airlines from other regions would be largest still so for the likes of quantas suspending flights to china as have air france k l m which ones losses from the virus up until a full could be as high as 200000000 euros and the impact isnt just being felt by those who get in and out of china by air those who rely on land crossings into the country are also facing disruption hundreds of trucks wait patiently to enter china in the northern vietnamese province of lungs on your far as you see here who just reopened one of the main border crossings. The green light for hundreds of tons of goods that was stuck here for weeks. The outbreak has affected us badly since the Lunar New Year most drivers have stayed at home. Some of the trucks have been held up here for more than a month so the goods have gone bad spoiled overall its hit us hard. Close the checks on the trucks and drivers by customs are aimed at preventing the covert 19 virus from spreading any further the trucks are also sprayed with disinfectant and even though beijing says the rate of infection is going down in china the World Health Organization hasnt given any hint of an all clear. The. Decline in confirmed cases once again were encouraged but this is no time for complacency despite all the extra measures the vietnamese can only hope that none of the trucks inadvertently smuggles the virus back across the border when they return from china africa take a look at some of the other business stories making. The Chinese Central Bank has reduced its benchmark rate to lending between banks 5 point one percent it also cut its key commercial rate by the same amount the governments trying to combat an economic slowdown which has been accelerated by the coronavirus. Global demand for liquefied natural gas will double in the next 20 years to 700000000. 00 tons per year according to shell the Energy Company has promoted wider use of l. N. G. Because it produces lower emissions than oil and coal critics point out that its still a fossil fuel. Jordans biggest city of a man has plenty of coffee shops and that means that competition to attract customers can be fair catherine is therefore need to keep on their toes if they want to stand out check out this guy. Left his home in yemen and move to jordan he missed his family and he needed a job so he put one of want to get the work started at a local coffee shop and brought his ancestral traditions along ever since hes been dancing on the drop. There you go. When i came from yemen i did not know what job i should get i managed to work at this coffee shop and i like being a barista because its a fun job you can laugh with your customers deal with many people and manage to meet a lot of people through coffee i love this job very much. And it shows every cup of coffee every glass of water colors up dances it all the way to his customers and hes attracting more of them every day. His unique is movements of the atlas. He creates dancing on the streets honestly i come here because of him. And hes not the only one coffee shop has seen quite a boost in business since he started this daily dance routines. As i said and thats over may and the business teamhair embed. Website dot com slash business were also on facebook and twitter and here with a quick check on Global Financial markets thanks for joining us. Megacities these concrete jungles are often posting after seeing. Their economic powerhouses get leave people with. Half of the worlds population already lives in urban centers leaving planners with a huge challenge how can these monstrous cities be tell me. Next on d w. To the point strong opinions clear positions international perspectives. Germany is actively looking abroad for skilled workers even while they deported other migrants whose temporary asylum has expired and meanwhile zina phobic right wing parties are on the rise opened or closed is germany a country and immigration joined us on to the point to the point. Question being 60 minutes on t w. Have fun in pyongyang. The capital city of north korea is reinventing itself. But only a few can enjoy the benefits for those the regime alone. Kim jong un has introduced n. C. V. S. Reward system to coerce allegiance to the regime. Those who dont make it into the fun metropolis often and tumblr e. Have fun in pyongyang starts february 28th on w. The film you ever feel like the walls are closing in if you live in a city they literally might beat around the globe more people than ever before are flocking to urban centers where already limited space is getting tighter and more expensive megacities are bursting at the seams and so is the infrastructure that keeps them ticking landfills pile