and i poured in tokyo the former nissan boss fully denied accusations he committed tax fraud. also on the show as officials from china and the u.s. continue their negotiations in beijing will see how american companies are trying not to lose valuable chinese customers because of a trade war. and the c.s. electronics show in las vegas looks into the tech future despite the global trade dispute. for business on d w how you know it's good to have you with us got to go on was considered a legend in the automotive industry seen as a visionary and credited with turning nissan into a powerhouse that was until he was arrested charged with financial crime two months on he's now finally had his first hearing in court but his lawyers say it could be another half year before his case goes to trial. cameras ready they were

waiting but carlos gone never had a chance to make his case to the media a police bus delivered him to the talk your district court handcuffed 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 and documents prepared for investors. and you knew coming out of the mr going concluded his statement saying he is innocent and there was no evidence or grounds but his been wrongly accused and detained him and he must. industry sources have long speculated whether the charges against poland were real or whether there was foul play go on has forged an alliance between french comic of an old and japanese competitor sneed son a mitsubishi for years he has been criticized for giving eleanor too much power within the group some in the industry say the future of the company is at stake.

let me have that and yes 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. for now carlos gone is out at both japanese automakers he is still chief executive of. corporate news now and in an ever changing leadership position amazon has now surpassed microsoft as the most valuable publicly traded company in the u.s. it's a further sign that a seesaw stock market continues to reshuffle corporate america picking. really let loose volatility on global equity markets has seen technology and internet

stocks jockeying for leadership for weeks now but shares in e-commerce behemoths amazon jumped three point four percent on monday on data favorable to retailers that pushed it ahead of microsoft by market capitalization so amazon is now the world's largest public company where seven hundred ninety seven billion dollars more than the g.d.p. of switzerland that now puts microsoft in second position after the shuffle. alphabet the parent company of google is now in third and apple which topped the list for years has slipped into fourth place the i phone maker had a market capitalization of one point one trillion dollars only last fall but shares nosedive last week when it lowered its sales outlook based on we could a man in china and speaking of tech giant samsung delivered disappointing earnings

figures on tuesday as it reported a big drop in profits they were down by nearly one third in the last quarter the first straw up in two years the south korean smartphone maker is now facing tough chinese competition while demand for its components has softened and trade tensions between the u.s. and china samson also warns that this this this quarter won't live up to its projections. meanwhile american and chinese representatives are continuing their discussions about trade relations the stakes for companies from both sides are high goods from chinese mass production have long conquered shelves of western electronics and toy stores and in china u.s. brands like starbucks gillette or nike have devoted customers now the ongoing dispute among political leaders could erode the loyal base with unforeseen consequences focus. 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. beyond put them on 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. competitor. to. its 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. yeah. but at the moment china remains vital to many u.s. brands 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. all right let's take a deeper look into these negotiations for that i'm now joined by our financial correspondent on wall street also is that all of us agree is good night to you now investors had been rather skeptical these talks would make a big difference and yet we are seeing the markets rather higher why the optimism we'll have here we needed to keep in mind for a while we saw no advancement at all in trade negotiations i've heard also we've increased. from both sides and constant criticism from tromso somehow is refreshing from our new best to return perspective to see the u.s. president claiming that the talks are going very well while negotiators seemed to be narrowing their differences and that said even progress has been made on issues including protégés as u.s. goods and services differences that remain one main challenge is figuring out how

to make sure we fulfill its come in the man especially when it comes to issues like pressuring foreign partners into transferring technology against their will protect intellectual property or don't subsidies made by the government towards domestic companies and all of these issues that you mentioned also affect tech companies they are however recovering from recent losses including apple can we expect these ups and downs we've seen to stop. i think it's a very to say the volatility especially among the tech companies is here to stay but just selling twenty experience to words. to those i'm eighteen also cheap in the third into stocks so now we are seeing some investors taking advantage of that said in the case of awful for example troubles with softness in i phone sales probably will continue as a chinese consumers seem to be favoring local brands but it also indicates all facebook golf and or amazon we can still not rule out some regulation coming from washington especially when it comes to data protection or even trying to break up

some of their operations to reduce its power and influence so as for now though it seems their biggest take stocks are experiencing a comeback but there is still have to prove it's here to stay and we're only at the beginning of this week thank you very much as a result of giving us the latest from new york. and we stay in the u.s. on the other coast of us vegas now where the first big tech event of the year is taking place whether self driving self rolling or self walking it's all there at the consumer electronics show a growing number of traditionally non tech companies have also set up shop at c.v.s. trying to give their product line a digital make over. i catch ing cell driving cars connected to the drivers home devices one of the trends last week that season and for b.m.w. an opportunity to go the extra mile presenting its drive less much and cycled for the first time in public the way we think there's going to be doing and for is

certainly motorcycle that's connected to marvel but it also slowly helps writers be better writers and also safer writers the stuff lee than me the main thing minus its robots the rebel known for the folder. sharable electric skateboards smart beauty devices and so one of the biggest tech shows featuring startups alongside to establish 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 the scene suggest the themes we expect to emerge this week are artificial intelligence go see a lot of products powered or enable day by day i mean that force 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 forty five hundred exhibits worse the show is expecting an hour program. and the overall buy tends to be optimistic although tech can solve problems that's what

the industry's message seems to be this year and the speakers. but still of course the c. s. is taking place against the backdrop of the u.s. china trade war and its potential to cause harm to the tech sector earlier i asked u.c. santa of the strategic communications director of the concern. technology association the organizers of c.b.s. whether that is actually weighing in on the atmosphere there. we are having day one city in the mood is exciting it's thrilling it's the opening day of the show we have over four thousand attendees at four thousand exhibitors one hundred eighty thousand attendees coming so the energies here trade is always going to be a topic of mine because no one likes the uncertainty of paying extra taxes for their products and the we're aware that the tech industry is going to pay one billion dollars more every month of a trade war is resolved with china the full c.s. is in full circle we have stones of exhibitors here and the energy is very high.

that's it for business to buy. what you.

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