putting the brakes on take over germany is preparing new legislation making it harder for foreign investors to snap up domestic companies the main target of the move china also on the program ikea opens its first branch in india will the likes of billy lack of tax catch on the continent look at the war from our correspondent and travel misery ahead as pilots at europe's biggest low cost carrier right here are set to go on strike we look at the cost of. this is your business i'm christopher coble well come on his quest to become an even stronger economic powerhouse beijing has for years been buying foreign companies mostly market leaders in ten different key industry sectors like robotics or pharmaceuticals as a result countries like germany and the united states see their industrial advantages that risk and are now tightening. it's

a move china won't like germany's government once brought a veto powers when investors from outside europe by into local companies starting at fifteen percent stakes instead of the current twenty five the new regulations come off to berlin effectively blocked a chinese company from buying a twenty percent share in electricity grid operator fifty the. chinese trade representatives claim they are being singled out however the sudden surge in chinese purchases is striking while the volume of chinese transactions in germany was comparatively low in the years before twenty sixteen it's accelerated quickly since then. a sudden surge to twelve point six billion dollars in twenty sixteen was followed by a new peak of thirteen point seven billion dollars in twenty seventeen. and it's not only the size of the investments that are ringing alarm bells in berlin. many

of them are focused on certain sectors. those ten key industrial sectors president z. wants china to become world leader in the acquisition of robot manufacture a cooper for four and a half billion euros last year falls into that category. and this year lease to food c.e.o. of chinese carmakers easily acquired ten percent in germany's dima now germany is slamming on the brakes by planning tighter scrutiny of foreign investments but german industry representatives fear the government stricter controls could deter chinese investors and that's not necessarily good news after all investors also provide capital and create jobs now it was a tweeted that caused quite some commotion when tesla c.e.o. ulan muska digitally mused earlier this week about his plans to take the e carmaker private again the company's shares jumped by more than ten percent adding billions in market capitalization according to several media reports the

securities and exchange commission s e c now opened an inquiry into the matter new e-mail to employees the c.e.o. had said he was serious about taking the company private. for more let's cross over to our wall street correspondents oafish in months q sophie it was a very short tweet just eight boards and one figure what exactly is the f.c.c. looking at here. sixty one characters by the way and preserve it is not the medium it is the motive behind this tweet because in twenty thirteen the f.c.c. rules that it is not a violation of their rules to publish stuff relevant information on social media so it is more the fact that must have been communicating something to the broad public that has a huge impact on the stock price he has repeatedly complained about this prize about charts cashing out on the declining stock and yes the stock price had been

hurting and this one tweet has caused a significant bump of more than ten percent so this was very obviously a way of making the stock gain and charts lose money and then christopher there's the second part of the tweet a must stating secure funding this seems to be something off even higher interest for the f.c.c. as this is giving investors the impression that they will definitely receive four hundred twenty dollars per stock a premium of like some twenty percent from a secure source of funding if this is not to the law must can sell might be under scrutiny so far is only the tweet itself so if you what happens if the r.c.c. concludes that this high impact news was shared without serious intentions well there would be either security fraud all manipulation because they would have been a lie or a speculation only publish to boost the stock price that is a stockman and manipulation to prove that harry put a former chairman of the f.c.c.

explained the f.c.c. would start scanning all the communication between mosque and directors and this would have a lot of consequences for must consult so few months to new york thank you. it's been a long wait now ikea the world's largest furniture retailer has set up shop in india on thursday the swedish company opened the doors of its first store on the subcontinent in the southern city of hyder about ikea says it will invest one and a half billion dollars in the country planning to open twenty five stores by the year twenty twenty five with the scoring middle class india is seen as a lucrative market but breaking into it could prove challenging india is one of the heart of places to do business according to the world bank and not every multinational has been successful at adapting goods or services. so before entering the indian market i only resolved its product line as our correspondent song off on

the car reports was the fall of the store opened ikea employees visited about a posin homes in indian cities to try and understand how people live live here and what they need and the product lineup really the flex that you know for instance ikea has introduced more color it's far not introduced high on the mattresses it's introduced. fabrics because there's a lot of dirt and dust in india it's also come up with alternatives to metal because the cult is a real ship of india and i think most importantly ikea has really kept in mind that india you know with its abundant supply of cheap labor really has a kind of do it for me culture of that and do it for your self and as like he has a full in-house team of people to help customers actually assemble the fund it. you know all other cultures and ikea first store in india was. reporting from delhi. now it was a surprise success that the head of the european commission younker delivered

recently after negotiating with donald trump two weeks ago the us president put further terrorists against your companies on hold in return the bloc agreed to buy more soybeans and liquefied natural gas from the united states now the european union says it is delivering on the problems. the timing could not be more strategic eleven days ahead of trade talks with washington the e.u. released data on the blocks liquefied natural gas imports from the u.s. since the first shipment to be in april two thousand and sixteen and you encourage you to quote fight gas from right natural gas from the united states have today already reached two point eight billion cubic meters and the share of u.s. exports to the european union doublets from five to ten percent in two thousand and sixteen two thousand and seventeen that may be music to us present trump's ears at

least that's what brussels hopes the block is trying to show that tariff free trade is good for american products but while the actual amount of l.n.g. exported by the us to the e.u. has been rising this year as a percentage has actually fallen the e.u. market is less significant than the asian one so far europe has only received two point seven percent of u.s. ellen g. exports this year that is significantly lower than its total share for twenty seventeen and twenty sixteen. still e.u. trade negotiators will be doing all they can to make the case for free trade to the american counterparts later this month and l.n.g. purchases could help sweeten the deal. it's the height of the summer season in europe and there's travel misery ahead dutch court has told ryanair pilots. in the netherlands they could join a wave of strike action planned across europe friday's walkouts set to affect over fifty thousand passengers is intended to build up pressure on the cut price airline

in a row over pay and conditions and as recent studies show it's not only staff that bear the cost of cheap travel. these passengers have to trek across open tarmac to get to the airplane but they don't mind by flying a low cost carrier they can save money but often a flight with ryan air easy jet and others can cause worse inconveniences than that in many cases flights face delays or simply counseled almost every budget passenger knows the problems regardless of strikes. consolations out on the raw is this year britain's easy jet comes with more than one thousand two hundred flights in june last year the figure was two hundred thirteen irish competitor ryan air cold of one thousand one hundred flights this june compared to only forty one during the same period last year. airlines blamed the weather for understaffed air traffic control

but it's a fact that cramming as many flights as possible into a day is part of the a business model it's one way low cost carriers keep costs down experts say the budget airlines have overreached themselves with their super tight schedules a single flight delayed can scupper a whole timetable and even if the plane shows up luggage doesn't always arrive with it in europe eight items pay a one thousand passengers are reported missing each year passengers have no choice but to accept that a bargain flight comes with a certain degree of uncertainty it's a price many are still willing to pay. well on friday more than fifty thousand passengers are said to be impacted by a major strike of pilots at ryanair it's the biggest walkout at europe's largest no cost carrier yet and of course we'll bring you all the details here on new day also don't forget to check out our social media feeds and out thanks for watching i'm

christopher nolan she had a more. folks

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