a bombshell in the saga already c.e.o. rupert starr has been detained over a fraud investigation parent company called for the arrest is the latest development in ongoing emissions cheating scandal. google is set to invest five hundred fifty million dollars in chinese online sales giant j.d. dot call making it the latest u.s. company to dive into asia. and australia have launched negotiations aimed at reaching a free trade deal this comes amid don't trump the decision to impose tariffs on many of his country's trading partners including. i don't walk on to your business news. connection to these of gate scandal german luxury carmaker audi is set to receive an interim boss according to reports sales director on short is likely to assume the position of supervisory board. to confirm the decision

german authorities arrested this morning a spark of an investigation into emissions task cheating prosecutors said he was being held to fears he could temper of it evidence is more. the audi c.e.o. maintained he knew nothing about the diesel scandal at a shareholders meeting last month everything happened very quickly after that prosecutors searched his home last week then monday's arrest univers that there have been hints that the defendant could try to influence evidence for example the evidence of other defendants all witnesses. knowing about the emissions cheating in europe when the scandal broke in the u.s. but unlike in america he did not order a halt to production thousands of audi's with software issues have since made it onto the road. douglas has been at the helm of audi since two thousand and seven

within the company there's been criticism of his handling of diesel gate audi engines fitted with the emissions cheating software have ended up in other cars in the v.w. family like porsche. which will means that once again journey's faux wagon is in damage control the world's biggest carmaker is losing trust among investors its own workers and motorists. makes sense that if someone is found guilty of having done the wrong thing then they have to answer for that. often simply shouted it's not only v.w. and ality but all of germany in a bad line. stadler is the highest level executive at volkswagen to have been arrested since the scandal erupted but he may not be the last. this is just the latest twist in

a scandal the first in golf the german car industry for years ago says that millions of cars have been recalled billions of dollars paid out in fines and several managers have lost their jobs let's take a look at the most dramatic bumps in the road so far twenty fifteen folks like an admitted installing a new. cheating so fair in over eleven million cars c.e.o. martin been to court you can see him here on the left was replaced by the man here on the rise the head of porsche but yes miller no the following here facing pressure from lawsuits the col make up paid out almost fifteen million dollars to cover buybacks and fines in the united states finally last year has began to roll precised of that and here you see on the left this is james liang an engineer who was sentenced to forty eight months in prison for helping to design cheats all three are this man here on the right whose name is a liver schmidt he's a manager he got seven years in jail for fraud around the same time other carmakers

including already poor she came under scrutiny that this year just three years into the job. mathias miller on the left and harbor days the man on the right was given the job no official reason was given and did already boss superstars are now in custody in germany one thing is clear it's far from the ends of the road for these ok. and onto a different story google is set to invest five hundred fifty million dollars in chinese. dot com making it the latest us company to dive into asia's growing e-commerce tool to deal the c.j.d. dot com products displaced and google's shopping service and could help the chinese company spread beyond southeast asia the region is rapidly becoming a battleground for key industry players hoping to cash in on asia's record the

growing middle class. all right let's bring in school to here standing by for us in new york was much more on this mess if first of all google tries to get a bigger bite out of the chinese market but also for j.d. it is a shot to get deeper into the u.s. american also the european market but then if we look at recent developments online rival amazon recently has gotten deeper into the online advertising market doing so now google kind of strike a spec and try to to get a bigger chunk out of online shopping so the stock of google by the way traded a good two percent to the upside and overall technology stocks did better here at the beginning of the week than the broader market look at looking at a different company here taiwanese electronics manufacturer of foxconn they want to invest in the united states the other way around setting up

a half quarters there in the north of the u.s. why what's behind that. they're setting up the headquarters into a walk in the state of wisconsin and they're also building. a panel of plans in the amount of roughly ten billion dollars in that state visit johnson actually has offered folks call on a tax incentives tax rebates in the amount of about three billion dollars for the next fifteen years and that has become a common theme so if we look at amazon for example picking their new headquarters they're also looking for huge incentives to goldman sachs has done the same picking and you have quarter in new york a couple of years ago also getting a multibillion dollar take sprague's so this is one side of the story and then on the other who knows maybe folks can also drive tries to avoid tariffs was setting up this plant and the headquarter in the state of wisconsin and was that in the

united states yes thank you so much for this analysis it's a european union and australia has launched a new reaching a free trade deal and this move bucks a global trend towards protectionism sparked by u.s. president on a trump among others and his decision to impose tariffs on many of his country's trading partners including the. speaking after meeting with her australian cultural part the e.u. trade commissioner says the talks sent a quote very hands on message what that means is more. the european union and destro you aren't exactly equal economic partners but when it comes to the principles of trade they should be on the same page. it's a very hands on statement that we are sending the european union and australia who have always been defenders of the international system trade the global routes the

predictability that. perfect but it does and i think together with other allies we are ready to stand up to to reform and to develop and to strengthen their system and also sending the signal that trade is a good thing speaking of a good thing last year the e.u. industry traded more than forty seven billion dollars worth of goods the e.u. exported almost three times as much to australia as the other way around it's no surprise then that it is seeking better access to the market focusing in particular on increasing exports of food and agricultural products the country also wants to export more services to the e.u. especially me educational and financial sectors. will begin in earnest in brussels next month says a free trade deal could result in a thirty seven percent increase in economic activity between the two. new markets they're in the making now officials from thirty different countries have descended

on berlin for climate talks at a very inopportune time for the german government environment minister admitting on monday that also grant thinking germany probably fail its climate goals a major embarrassment for a government wants to do to fight to save the planet's. climate chancellor. at the un climate conference in bone the german leader to step up to its environmental responsibilities but now it seems that the nation's plans have gone awry. germany wanted to reduce its greenhouse gas emissions by forty percent by twenty twenty the country would then strive for fifty five percent by twenty thirty but today german environmental minister. announced that they wouldn't be reaching that target instead official estimates project that they would be closer

to a thirty two percent reduction in two years' time. germany currently ranks eighth on the climate action networks list of european countries cutting emissions loss we didn't take the top spot from its comes in fourth place while the united kingdom is also a target coming in in fourteenth the ngo said it was underwhelmed by germany's lack of willingness to act and that the nation had postponed pressing decisions. all right and that's it from me on the business team here from berlin you will find more stories online check us out on to better advantage underscore business or on facebook of course and before you go here's a real time check on the global markets at this hour thanks for watching i'll be back tomorrow same time same place.

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