tv Business - News Deutsche Welle January 8, 2019 2:15pm-2:31pm CET
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also need as well as we degrade each other a lot coach orbits believes the sessions were benefit everyone in the long run and he's sure his effluents will be role models for their peers. and that's all from us here at news for now don't forget you can get all the latest news and information are on the clock on our website i'm sorry kelly and bar len after a break it's business with that facility. where . when your family scattered across the globe. with existed you could do was leave the book as a journey back to the roots get a minimum of the. go live around the world. i
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did urgent assistance. only start. on g.w. every journey begins with the first step and every language which the first word published in the. rico is in germany to learn german and why not play with him simple online on your mobile phone and free two sets of d w z e learning course nikos speak german made easy. protests his innocence the foreman his son boss heads to court in tokyo where he denies accusations he committed tax fraud. and u.s. companies afford to lose valuable chinese customers because of the trade officials continue their negotiations in beijing. and while the trade war overshadows the
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world's biggest consumer electronics show we take a look at what is on show. and been fizzling let's do business he was a true legend in the car business hailed worldwide as a visionary executive and credited with turning it into an industry powerhouse that was until college scone found himself in handcuffs charged with financial crimes she bouts on he's finally had his first day in court. cameras ready they were waiting but carlos never had a chance to make his case to the media the police delivered him to the talk your district court can't cover and with a rope around his waist. was described as thin he is said to have lost more than ten kilos over his last two months in prison the charges tax avoidance and under reporting his salary in documents prepared for investors. you mean you can't get
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out of the mr go and concluded his statement saying he is innocent and there was no evidence or grounds but his been wrongly accused and detained without warning must . industry sources have long speculated whether the charges against gold were real or whether there was foul play gone has forged an alliance between french carmaker north and japanese competitors nissan and mitsubishi for years he has been criticised for giving it one or too much power within the group some in the industry say the future of the company is at stake. level of the us there are three possibilities for the future of the alliance there's the status quo but that seems difficult to envision today they might go further into the alliance with an outright merger or takeover of one of the two companies all will see a rebalancing but today who can say what will happen perhaps we have reached the limits of this alliance as it was conceived at the beginning that. for now carlos
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gone is out at both japanese automakers he is still chief executive of were no. financial correspondent only ballots where the renault know something about it. i don't know i don't know what renault knows but hanging on to carlos going at least as the figurehead c o there's an interim chief was actually in paris running the company has deputy up until now its name is chile but all he was relatively fresh and that and the task but. of course renault believes that carlos gone is not as guilty as the people in japan feel that he is but i think it's doubtful that he'll ever return to leadership for no one at the alliance. and it's a bishop he's out already anyways because there's been such a tarnishing of his image of his reputation both professionally and personally i
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mean there's almost nothing worse for an executive of that level you talked of a legend accused of dipping his fingers into the till and even if he's pretty he's pronounced innocent at the end there will be these bad images that for me says he's one hundred percent is that what do people best say i mean can we can we see anything reflected in the share price of these companies. well all the shares dipped when the news came that carlos own was being arrested because people feared that the alliance would fly apartments can choose really successful i mean it's a little bit under the radar because we tend to look at individual companies like volkswagen or like renault but when you look at renault nissan which edition they've come up from the grave practically they've been restored by carlos go on and they are selling more cars per year than volkswagen so that's what's at stake and that's why people some people here say because that's at stake because there
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was a power play going on between france and japan and carlos goannas sort of caught in the middle and a lot of people don't really believe he's as guilty as the courts make him. as far as the preferred stock exchange thank you very much. reporter michael penn was at the press conference held by guns lawyers following the court proceedings i asked him if there was anything fishy about the case i think that least among the no one journalists who've been covering this all of our sort of alarm bells are going off in our heads because this doesn't there's something about this case doesn't seem right it's not the way the total corporates case is and you can normally handle so for example in a company find some sort of wrongdoing by the chairman or an executive normally the way this would be dealt with as they go to that person and say oh well you need to fix the situation this could be done as a company in this case what happened is that the court the other executives
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certainly everything to the prosecutors and they ambushed him what the rest never giving him a chance to defend himself and it was just very very strange behavior all around seemed like something that was done more for political reasons inside the company then. don't dismiss to go and so the ultimate case whether he's guilty my pain the doctor does seem to be another agenda thank you very much for joining us from the scene gets news agency twenty. tech giant samsung delivered grim earnings figures on tuesday as it looked a big drop in profits it was down by nearly one third in the last quarter its the first profit drop in two years south korean sponsored makers now facing tough chinese competition of demand for its components is softened amid trade tensions between the u.s. and china and those of one that is this this quarter won't live up to its only
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a projections. samsung is among the companies that the consumer electronics show with a self driving self rolling or self walking it's all there in las vegas a growing number of traditionally known tech companies also set up shop at c.b.s. trying to give their product line a digital make over. i catch him self driving cars connected to the driver's home devices one of the trends last year that he didn't and for b.m.w. and unfortunately to go the extra mile presenting its driver less motorcycles for the first time in public he would think there's going to be demand for is certainly motorcycle that's connected to marble but also something that helps riders be better riders and also safer writers for stuff lee than me the main thing minus the kids trouble it's a rubber clone for the folder. sharable electric skateboards smog beautify since it's one of the biggest tech shows featuring startups alongside to establish
quote
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companies c.s. is expected to draw more than one hundred eighteen thousand visitors hoping for a chance to see the kind of tech likely to dominate consumer suggest the themes we expect to emerge this week are artificial intelligence will see a lot of products powered or enabled bit by ai of course recognition and facial recognition things like that it's a five g. connectivity which is one hundred times faster than four g. l.t.e. with four to five hundred exhibitors the show is expecting from our program for free. and the overall by tends to a optimistically tech can solve problems that's what the industry is message seems to be this year in the speaker's. one thing though is that the trade war between the u.s. and china is heavily impacting the. we asked our correspondent at the show in las vegas to tell us more about the mood there. the organizers of the show warned that
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their rubber positive outlook can change significantly if a trade war with china escalates as saying that tariffs can lead to higher prices to consumers have to pay for smartphones and c.v.s. and as you said we have already seen a significant drop in sales of your ass products in china reported by apple and of are firms and what we are seeing here in las vegas is a drop or a decrease of a few fewer chinese merchants here twenty percent decrease and this is quite remarkable for an event and dad has been jokingly referred to as the chinese electronics show so people here are concerned but nevertheless the outlook is rather optimistic with sales expected to be growing in twenty nineteen. american and chinese representatives are continuing their discussions about trade
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relations stakes for companies from both countries the high goods from chinese mass production of long concrete shelves of western electronics and toy stores u.s. friends like starbucks and nike have devoted customers in china but the probe long discord among political leaders could erode the oil base. the chinese buy more consumer products from america than they do from any other foreign country including japan and south korea american brands have grown to be such a status symbol in china's growing middle class that many cannot imagine life without them. young put on more trade between the two countries has reached far and wide people in both countries cannot live without the other nations products the u.s. cannot live without china and china cannot live without u.s. products either. but that sentiment is tempered by the growing popularity of chinese made products which often cost only a fraction of the u.s.
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competitor. to be the source if agreements cannot be made i will have my own preference of choice in terms of famous brands of us close to me their prices are already pretty expensive if trade agreements are cooperation cannot be made i will prefer to buy our local brands instead we can go to it seems i will always have a yeah. but at the moment china remains vital to many u.s. brands and that could give china the upper hand in this week's negotiations with american trade representatives who cannot afford to have the chinese stop filling up on u.s. products. business of.
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google maps. the one to one official estimates more than one point two million venezuelans live in colombia legally and illegally. already uncle will return to. visit friends is that i don't think i'd ever go back there to live you know what i live there again i don't know as i'm not sure. bearing witness global news that matters. made for mines so this is the view from my seat in the horn section. sarah willis knows her stuff. this. is going to be the mystery.
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and conductor. and she shows just how diverse classical music can be. sarah's music contemporary classical. t.w. . how do you live in a sustainable way to discover the bauhaus you talk about housework starts generally thirteen on t w. a happy new year to you and a warm welcome to your a max today we've got a healthy helping of european lifestyle and culture for you is what's coming up. vision of the future why some people believe the psyche predicts. the fusion of
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