when of the year more than any other player on tour. you re watching d.w. news still in the com amazon heads east choosing the site of its long awaited second to us headquarters we ll tell you where it will be ok. plus a tech giant takes a hit on the markets why are apple s shares commenting monica jones we ll have the details for you coming right up. on. time for an upgrade. how about furniture grows all by. our house with no roof. or design highlights you can break yourself. trends tips and tricks that will turn your home to some special. upgrade yourself with g w interior design channel on you tube. or for students school when the children. are first clueless. and then the door is grand the moment arrives join during a ten on her journey into the room you know or an interactive dungeon dora entering into and returns home. at. a company has spoiled spouse excess is dragging down wall street apple shares sink five percent wiping more than fourteen billion dollars off the ticket john s market value. also coming up more than two hundred communities across north america submitted its about so i was a pick. new york city and northern virginia for its second time cortez also known as q two. welcome to the business so apple shares tanked five percent in the u.s. dragging other tech shares down all of the well today suppliers of mobile phone parts had said that their largest customer widely taken to be apple ask them to materially reduce shipments investors now have fear that the popular i phone is not selling as well as in the past apple is already under pressure after posting disappointing earnings earlier this month back then apple said that it would no longer report sales numbers for its flagship smartphone investors criticize the lack of transparency. so how serious is that forty billion dollar loss for apple our financial correspondent studier corp told us this from france that. during a one day thing. going to. look really something to worry about a week ago look. here s. more than. a week take a closer look at the current. volatility we are a member of. the most companies in the world. to deliver and deliver. the new one product coming up or forming a strong. word. over react. financial correspondent there in frankfurt well i m a song is ready to build its new headquarters after a two year long search for the perfect location the seattle based online giant has settled on not one but two places to expand adlington the genya just outside of washington d.c. and the big apple but while most of amazon s new neighbors are happily using the web site for shopping well everyone is pleased to have the company move in next door it s one of the biggest success stories in u.s. business amazon what started as an online bookseller is now a global e-commerce chaya and a major media publisher cloud storage provider software and gadget developer alexa what are your deal i have several exclusive deals including and even a grocer all in all worth one trillion dollars no wonder everyone wants a part of it politicians from all over the country offered amazon outlandish deals to learn the company to their states and cities one even wanted to change his name . part of being true anyway glamazon. amazon located in seattle washington started its search for a new digs two years ago two hundred thirty eight cities to send in their bids the list was whittled down to twenty finalists including some major business hubs like new york atlanta chicago and los angeles at last two cities remained new york and the crystal city area of arlington virginia. it was likely not the governor s offer to take on the firm s moniker that got him the deal tax breaks played a role as did new york s general ability to attract talent amazon plans to hire twenty five thousand employees in each of its new locations while most in crystal city seem ready for business locals in new york s district off long island city are worried about the planned campus. we are not leaving. a soccer stadium one shot that their infrastructure. indeed new york city is known for its crumbling infrastructure and traffic problems amazon might have to direct some of its promised five billion dollar investment just to find ways to get its employees to work and home. well here in europe all eyes are on rome and to brussels the deadline for italy to present a revised budget plan and today the e.u. is worried about plans by italy s clinician government to take out one more debt to pay for expensive election campaign promises rome is planning big cuts in taxes to boost growth but the e.u. says that that is unacceptable given internees enormous mountain of debt the biggest in real terms in europe italy is the euro zone s third largest economy and the second largest manufacturer in europe but despite the country s potential italian economic growth has been weak and it s been lagging behind the news average . of course more debt would jeopardize italy s credit worthiness and perhaps put the entire eurozone at risk german economist your. former chief economist hopes it won t come to that. yeah i hope that this can be avoided and this would be the worst case. i hope that the signals coming from the european peers from other european euro area member states but also from other european institutions like the e.c.b. president draghi was very outspoken in his recent press conference that italy cannot expect any support coming from d.c. b. it is not even within the men date of the e.c.b. to finance the fiscal deficits so i think the the the messages coming from the peters of italy pretty clear but i personally expect that markets will behave more fiercely and signal to italy that it is a dead end in continuing this wave of policy making. moving on to big investment here in germany germany has earmarked one billion euros to support a consortium looking to produce electric car battery cells in the country the measure is expected to be announced later today by economy minister peter my i designed to reduce the dependence of german economy goes on asian battery supply us and protect german jobs at risk from the shift away from combustion engines. the future of the automobile sector is electric a message that s finally hitting home in germany the country now has just fifty four thousand electric cars on the road that s not many but twenty thousand more than just a year ago. more and more german carmakers are producing electric models folks and has announced a total sales target for all its brands of three million units per year by twenty twenty five but to meet those goals manufacturers need huge amounts of battery cells and there are not enough of them in germany the largest battery producers are in japan china and south korea and so far they have the market effectively cornered . up to now carmakers have shied away from the huge investments needed for battery cell production preferring instead to focus on meeting the costs of new electric and self driving models and stricter emission standards they like to see their suppliers taking up battery protection but they are just some willing to commit themselves. to more rumblings if it s to form a multi company consult c m for domestic battery sales production i m joined by guns and i want program director at the european school of management and technology here in berlin but he with us the first question it comes to mind of course is just germany really need its very own electric battery sales production facility well you have to think that. batteries are a commodity nowadays so you can buy them anyway and they were. predominantly offices in asia and south korea japan china and we have had some experience with trying to establish a commodity production in germany with a photo tyke solar photovoltaic cells and that was that it not play only well and now it s all they called the news that were heavily subsidized then quiet by asian competitors and so that. miserably failed so in that respect i would say trying to get into a commodity market is something different than for example trying to build a complex airplane like this with a national champion or european champion. and so i would say it is not necessary to . put a lot of money into this pot and especially i mean this is a real push by the government also on the level to bring electric battery sales production into europe and into germany is that why it is that right well we would like to have a bit more money being spent on innovation d.-u. is already very good in. r. and d. but there are other technologies that are looming for example solid state batteries which have a high energy density it means a longer range which are safe than the currently used to my own batteries this is a technology which is just five maybe ten years away from commercialization if we spend enough money on that we would be able to accelerate that process and go to the next level and then maybe really have a leading edge in terms of technologies well having a leading edge certainly when it comes to electability is not exactly what is happening in germany germany s lagging behind famously liking the high east electability really the way to go for it given that we have a lot of photovoltaic and wind energy that produces electricity at times when we may not need it all and we have to export it to our neighbors and they don t want it that it might make sense to have some large storage capacities where we can put all the electricity that comes from the renewable energies and then use it for transport or i just very briefly are you driving an electric khalidi no i m cycling are you waiting for the batteries six weeks six years ok yes the program director at the european school of management and technology here in berlin thanks for joining us in the studio thank you. i mean while paris is extending its a ban on aging diesel vehicles until now they ve been excluded from the city center but starting this summer the exclusion zone will grow dramatically the ban the flags diesel vehicles that were first righteous of before the year two thousand without a special sticker will not be allowed inside the outer ring road in all the mission so it takes in the seventy nine municipalities in the paris area. that s a business update here in d.w. thanks for joining. the to. cut. cut. cut. cut cut cut cut cut. cut cut. cut cut cut cut. cut. cut. cut cut education the way. to go eat the. clash of the titans movie looking face talk archrivals play or munich thank you victory. after six consecutive months legal losses fortunate to have trunk charge of bringing islam ladybug back on their site. to. see the. source of neverending mystery. the sun what goes on inside it and what does it sound like. to solar storms pose a danger to earth. researchers have made exciting new discoveries. from space on to our world today sixty minutes on d w. they are digital warriors. for women for internet activists one mission. the battle for freedom and dignity. against repression and pilots they deploy the powers of social media. and their messages are spreading like wildfire and thousands of followers are joining their cause online on the streets. who are changing the. digital. starts november twenty fifth on w. i i. i.
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