a bombshell in the diesel gates saga already seen europe are stalled or has been detained over a fraud investigation parent company forks fog and confirmed the arrest is the latest development in the w.'s ongoing admissions cheating scandal. google is set to invest five hundred fifty million dollars in chinese online sales giant j.d. dot called making it the latest u.s. company to dive into a just growing. you and australia have launched that was she ations 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 the e.u. . and welcome to your business news after the arrest of. connection to these of gate scandal german luxury carmaker audi is such receive an interim boss

according to reports sales director is likely to assume the position. supervisory board met in wolfsburg 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 evidence is more. the 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 something that there have been hints that the defendant could try to influence evidence for example the evidence of other defendants all witnesses. is a cute of knowing about the emissions cheating in europe when the scandal broke in the u.s. but unlike in america he did not hold 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 germany's faux wagon is in damage control the world's biggest carmaker is losing trust among investors its own workers and motorists. make sense that if someone is found guilty of having done the wrong thing then they have to answer for that. the office of the shuttle 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 in twenty fifteen folks like an admitted installing a man. cheating so fair in over eleven million cars c.e.o. martin been to korn you can see him here on the left was replaced by the man here on the ride to the head of porsche a ts miller now the following here facing pressure from lawsuits the col make up paid out almost fifteen billion dollars to cover buybacks and five in the united states finally last year has began to roll 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 sheets all three are this man here on the right his

name is liver schmidt he's a manager he got seven years in jail for fraud around the same time other carmakers including already poor she and dying are 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 but no official reason was given and already boss superstar now in custody in germany one thing is clear it's far from the ends of the road for these ok. and on to a different story google is set to invest five hundred fifty million dollars in chinese. call making it the latest u.s. company to dive into asia's growing e-commerce pool to deal with c.j.d. dot com products displace and google's shopping service and how the chinese company

spread beyond salty 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 hear standing by for us in new york was much more on this massive investment will come yes what kind of market is google tapping into or getting themselves into what do they expect. first of all google tries to get a bigger bite out of the chinese market but also for a j.d. it is the 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 so now google kind of strike back and try to get a better 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 i'm going to be looking at a different company here taiwanese electronics manufacturer 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 their headquarters into a walk in the state of wisconsin and they're also building. a panel of plants in the amount of roughly ten billion dollars in that state visit johnson actually has offered a fox call on tax incentives tax rebates in the amount of about three billion dollars for the next fifteen years and this has become a common theme so if we look at amazon for example picking their new headquarters they're also looking for a huge incentive to goldman sachs has done the same picking and you have quarter in

new york a couple of years ago also getting billion 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 we're setting up as 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 . the european union and australia have launched negotiations aimed at reaching a free trade deal this mill's a global trend towards protectionism sparked by u.s. president others and his decision to impose tariffs on many of his country's trading partners including the european union speaking after a meeting with her australian counterpart the commissioner said the talks sent a quote very hands on message what that means there is more. the european union and astray 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 multilateral trade the global rules that predictability that has served us well is a perfect but it does serve as well and i think together with other allies we are ready to stand up to to reform and to develop and to strengthen the system and also sending the 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 a stranger is seeking better access to the e.u. 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 in the educational and financial sectors. will begin in earnest in brussels next month the e.u. says a free trade deal could result in a thirty seven percent increase in economic activity between the two. new markets there in the making now officials from thirty different countries have descended on berlin for climate talks but 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 needs to fight to save the planet. the climate chancellor. at the un climate conference in bone the german leader urged europe 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 twitter adding to 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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hijacking the news. more i come from the news is being hijacked journalism itself has become a scripted reality show it's not just good versus evil us versus them white and one. in countries like russia china church people are told is that it's not and if you're a journalist there and you try to get beyond that you are facing scare tactics intimidation. and i wonder is that where we're headed as well. my responsibility as a journalist is to get beyond the smoke and mirrors it's not just about being clear and balance or being neutral it's about being truthful. when he was born into office and i work in either.