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tv   Business  Deutsche Welle  April 4, 2019 6:45pm-7:01pm CEST

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both merger between dodge about comments but. this is business as a. as welcome for when this on cars go on has been rearrested by police in japan less than a month after he was released on bail he had been awaiting trial over claims of financial misconduct gone is now back at the prosecutor's office to be questions over further allegations. this is the moment carlos gain was taken out of his temporary accommodation and back into the custody of tokyo's police force it's the fourth time he's been arrested in japan media there say his latest attention is related to a file looking at payments made to a dealership in oman with the full knowledge image to arrest someone who is released on bail to take all of his documents including as related to the preparations for his trial i believe is something to be seriously looked at by the international community. is barely a month since going was released on
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a nine million dollars bond pending his trial for financial misconduct which he denies he says his latest arrest is outrageous and the charges a crowned less it also comes a day after he tweeted his intention to tell all about the other cases against him that press conference is now in doubt he claims this is all part of a conspiracy it mysen which ousted him as its chairman of the allegations comic as president was asked about the latest development not the world as it really feels so much can happen i'm shocked in a way to get it. it's another twist in a tale that seen a full from grace for carlos ghosn the savior of baseness on a ranch who's looked up to by so many yet again before from grace that has the will to the public. our modern world order must sure i was surprised i was released and i was arrested again was shocking but i also thought the admin prosecutors are
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in this case it would. if i were working here as a for us all to make me a better apprehensive. of the system of a system that can do that sort of thing so i would hope that the japanese judicial system. would strive for being fair to him as they would to anybody else. for a japanese citizen. carlos again who spent one hundred eight days in the custody of take years prosecutors one hundred eight days and counting. the robots who joins us in the studio now rob this is the fourth time callers gone has been arrested the new charges related to the previous arrests well prosecutors in japan have stress that this is a totally different case they've said that. they're just holding him because they don't want him to be able to destroy evidence related to this latest case now his
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lawyers say that's not true at all in the to actually that this is linked to those three other accusations either way it's another development in this extraordinary saga that started six months ago for carlos going in his private jet just having landed in tokyo when he was arrested and was held on suspicion of underreporting his salary over five years they said that he done a report out hoffa since then he's been arrested three times the accusations against him included something this man is aggravated breaches of trust to you may well that's the idea that you have used money from an organization where you hold sway for your own personal purposes and again it seems like that's where he's being accused of in this instance reports from japan's jeff. still with the company in a monitor that's not actually mentioned in the documents submitted by prosecutors we want to go to is denying all these allegations what have we heard from from
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these people so far yeah he's strenuously denying this he says that he will be vindicated his lawyers say the same what they're particularly annoyed about is the fact that he has been arrested having only been bailed less than a month ago he paid well he was bailed on and nine million dollars bond which is one of the biggest bonds in japanese legal history only to be re-arrested a month later and his lawyers say this is extremely fishy they think that this is an attempt to disrupt his preparations for his trial for these other charges so that he can get the papers he needs incidentally they also say that his wife carol was smartphone and passport have been confiscated by prosecutors very briefly what happens next well they can question him now for forty eight hours if they want to question him for any longer than they have to request a further ten day extension then after that they can request another ten day extension then it's a case of well charge him or let him go the reports the thank you thank you very
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much. fo parity there is movement in the merger talks between germany's two biggest lenders. spog. play the game italy's uni cricket said it would be interested in buying well sports sources told the financial times the italian bank has apparently ready to make a multi billion euro offer in case the talks between the two german banks fail according to the if seems to me credit would then merge come out spunk with unit based people foreign spawn which the italians board fifteen years ago by steve klein to comment on the recalls. maybe we'll get some more information out of standing by at the frankfurt stock exchange you know that's an interesting turn of events did anyone see that coming. well unicredit has a history of wanting to take over come out as early as twenty seventeen they went
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to the german government to say so bearing in mind that the german government is the largest shareholder for camille its bank advances that plan made its own restructuring but it clearly appears to be resurfacing now now what's interesting about the report is this bit where it explains to us that uni credit is actually prepared to wait for the collapse of merger talks between deutsche bank and come out spank before moving out of before moving in on the deal it doesn't want to gatecrash the steel that berlin that seems to want it shows an unwillingness to displease berlin in case it does end up making a play of its own for accounts back later on. on the markets investor is happy about. it depends on who you. thought your bank shares slid on this news and you have to be able to imagine a merger with someone else with a much bigger competitor for deutsche bank than it had been but whether the
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solution is to get deutsche bank and two to fuse instead well that's still a controversial deal especially the prospect of the loss of thousands of jobs. german media are reporting that as early as the weekend this vision could come or latest on tuesday when the board meets so either way investors are set to get a resolution in the next days or at least that's how it looks for now. you need to be a good little. bull speaking about their reactions well the shares of come out front actually rose on the news and they're still trading higher from what i can see showing that there is some excitement of for the deal and you know analysts do say that it does make a degree of sense especially because it already has a foothold in germany with the ownership of super for ryan's bank but the challenge there is going to be potential resistance from the german government it might not want to see one of two of its biggest lenders suddenly slide in foreign ownership
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and that's going to be something that unicredit will have to talk about if the time comes. financial reporter in frankfurt thank you very much. and i'll just some of the other business news making headlines around the world investors are keeping a close eye on the u.s. china trade talks high level negotiations between the world's leading economies resumes on wednesday in the u.s. capital reports say washington and beijing are edging towards an agreement that could end the ongoing trade dispute. south korea won the race to launch five g. mobile networking the country turned on its super high speed ultra reactive network on wednesday ahead of schedule five g. is the communication technology that will be the basis of major developments in the so-called internet of things. a huge trove of data
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from facebook users has been exposed online in a public database it includes details like people's names the comments they've left and when they've hit the like facebook stored on amazon cloud servers apparently without any protection. first quarterly figures show a record decline in deliveries stoking fears that demand for its latest electric vehicle is faltering. reduction and tax incentives for its mobile three sedan in the u.s. and problems with getting deliveries to buyers in europe and china are the main reasons for the poor results. to be here germany seems to face a significant slowdown more and more indicators point in the downward direction in february factory orders fell to their lowest point since twenty seventeen more and
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more leading economists think tanks are also predicting the end of the boom. the mood at the world's largest industry fair in hanover is muted this year there are significantly fewer orders from china the world's second largest economy. and overall german manufacturing orders in february fell four percent month on month. when compared to february last year the decline was eight percent making it the largest an you'll fall in two years. it's a clear indication the german economy is slowing down and leading economists have now more than how their forecast for next year from one point nine percent to zero point eight in schism in general german manufacturing capacity is well utilized so if we speak of cooling it means they call me has cooled and it's not freezing yet. the country's business leaders are sounding increasingly
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concerned. is good so if you own. there's so many uncertainties like brags that the trade conflicts that there's a major economic slowdown but they call me is still growing and german companies can surely expect a bit of a tell wind at home that will allow them to continue to be competitive globally. and as you heard by the machine going. for german companies are behind over fair the hope is that we get something of tell when from the global markets even though headwinds are gaining momentum. and that's it for me and the business as a team here in berlin for more business memes of lots of stories check out the w. dot com slash business here's a pickle a global lot of spiceworks. luck
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bias starts april eleventh on d w. above. this is deja vu news coming. germany's chancellor angela merkel goes to. the chaotic breaks if she's meeting prime minister live out of the car to help prevent the economy from taking it from a disorderly breaks it also coming up a preliminary report on the crash of the if you open airlines plane last month says
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pilots followed all recommended procedures.

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