Detailed text transcripts for TV channel - DW - 20190808:23:31:00
Business i'm joined now on in berlin welcome experts say europe's biggest economy could already be in recession the big german engineering firms car makers and suppliers are all in crisis hit by profit downturns a lot of companies are cutting jobs or reducing hours it raises the risks of a global slowdown europe's economic motor may be running out of gas would a mode of supply a continentals net profit slumped 41 percent in the 2nd quarter and the company has announced plans to shut down an entire factory. competitors shiflet and bush also lowered their earnings expectations and said the stuff...