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tv   Business  Deutsche Welle  April 8, 2019 6:45pm-7:00pm CEST

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to the world of tomorrow. i'm going for us all and let's do business applause roared from tokyo's ground prince hotel today as the sun shareholders kicked. off the board of the japanese carmaker the once powerful auto executives facing allegations of financial misconduct which the company fears could wreck its image. and shareholders arrive to decide the fate of carlos ghosn at a meeting that began with an apology. on behalf of the company allow me to express my sincere regret for any concern the recent events may have caused. the rotor cycle. to trust the board and dismiss carrasco and. the final decision on the criminal charges will be left to the judicial system however the two asses of the issue is removal on the
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grounds of breach of corporate ethics even of one of this misconduct would lead to the dismissal of any executive or employee you know just before his fourth arrest last week going again denied the charges against him saying they're part of a conspiracy within a sound to discredit him and his plans for the company nevertheless shareholders did is they were told and approved his removal as the comic is chair and it's really such a pity he was a brilliant executive i guess he became complacent as he was being praised so much . for the peers he was your very hard this is so disappointing but when he came forward with his survival plan not just me but about twenty thousand employees across the world who fired the work as we now see you have so much money to spare and squander a few there was no need for him to fire as i really don't get it. but the particular. gain will be replaced on the sounds board by john dominic sanaa
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chairman of ren which has a forty three percent stake in the japanese firm. he's promised to dedicate his energy to helping this town through the storm. and advised joins us now for her perspective from frankfurt and there's a i thought this was what this whole power struggle really was about between the comic is within there are a lying and now nissan is allowing the renaults chairman to replace it was worried the whole time there were no who was really taking over operations. well actually. it's a very different character than carlos go is and so he ever since he was like the interim the replacement folks go and i think he has made strides to please the japanese side of things so what's happening now is that he's replacing go in
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the board of miss them but he's not going to be the chairman of the board of this and that makes a big big difference because what this son and the japanese apparently didn't like too much that carlos go in was amassing more and more power in society alliance and made them feel that they didn't have a say anymore on anything. it's also said that he was amassing more and more wealth at the cost of the company i guess over the years how can we be sure and how can shareholders be sure that the rest of the board is above board. well for now the evidence is not suggesting that anybody else on the board has also conducted such an amount or at least anything wrong i should say and it was more less carlos to go and who was conducting all these very fraudulent transactions on behalf of his amassing his own wealth if you were to say so for now as i was saying
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there's no evidence that anybody else on the board has done anything wrong back in it i suppose thank you very much. the chairman of korean air has died a fortnight after shareholders removed him from the company's board chair young hole died of natural causes he became c.e.o. in the one hundred ninety two and over storage growth into one of asia's biggest airlines but scandals riddle is more recent career was indicted on charges including a bad moment and tax evasion. experts say chinese direct investment has passed its peak killed institute for the world economy says german fears the beijing is taking over europe's biggest economy a baseless i'll talk to the president of the institute in a moment first this report. bit by bit chinese companies have bought their way into the german economy over the past few years the latest who is chinese car maker gili
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is purchase of nearly ten percent of dime or shares that's made chile the biggest single shareholder of its german competitor and in previous years chinese companies snapped up a number of prized german firms like concrete pump maker puts mr and industrial robot manufacture crewcut such transactions have triggered concerns among businesses the workforce and politicians in germany the main worry is that china is not only interested in the companies and shares but in buying up german technology and know how as well as influencing corporate strategy chinese direct investment in germany remained at a low level until twenty fifteen after that it shot up reaching more than twelve billion euros in twenty seventeen the last year did see a drop of twenty percent analysts say that's because chinese investors no longer have as much ready cash and because the german government has tightened restrictions on acquisitions by foreign companies. myers president of the
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kiel institute for the world economy and joins us from munich so why aren't the chinese as cashed up as they once were. because the chinese economy has done through a very substantial restructuring over the last two years as china ones was the biggest exports of capital to the world and it no longer is in two thousand and eighteen it has run a current account deficit and we predict that in two thousand nine hundred twenty this will be the same so the souls of all this cash is actually trying out and that's why we think the chinese boom of investment abroad might be actually already over now germany is still top of china's theirs for european takeovers how how much is it a case of the german government being too lax about foreign investment here because we all know the chinese are extremely restrictive. so yes there isn't
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a symmetry that is clear we would like the chinese to open up and it makes sense in my point a few to threaten to close down chairman his market in order to get more access to the chinese one but we shouldn't forget open markets open for intact investment markets are very useful also to the sherman economy gives us access to this largest economy of the world a chinese one it scales of operations or for german firms and this also shores of employment at home there is very little evidence that chinese investment has been bad to ensure many quite to the opposite very often a chinese investment has made it possible for german firms to grow faster and to secure employment at home china is still the the second largest economy in a while but it's well on its way to becoming the biggest now you say german companies shouldn't be worried but the rules china follows odd different to the rest of the world. well the rules might be different but the big question is to
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what extent are chinese investors really different so if we think about which means of course a large. impact to the creation of kuka made a large impact on the german opinion what if had been sold let's say to an investor from new york to open a crook would that have been different in a negative sense we think the chinese investors a strategic investors they have their own interest for sure the same would be true for sherman investors abroad and the question is at best these hamas are not up to the up to date we have a lot of suspicion and mistrust but we have very little evidence and think in order to make informed policy choices we would have to gather evidence we cannot act on suspicion only on. my president of the kill institute for the world economy telling germans not to worry about those chinese investors abroad thank you very much for joining us and welcome robots are already taking away the drudgery of factory work now they could start stepping in way humans are more
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fallible like in monitoring our health but how intrusive should we allow machines to be. sufficient intelligence of his great potential for. medicine using thousands of x. ray images researches at stanford university have trained their own homegrown ally to conduct diagnoses when you have to do is photograph and upload an x. ray and wait a couple of seconds for the result. it's a mass and it's this thing over here is a possibly cancerous lesion and i can see that right over her. controls through even apparently on remarkable data like how a body moves while walking algorithms can use such data to recognise potential signs of conditions like parkinson's signs a doctor could easily miss but caution is advised. much of what we say might be
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great throws up ethical questions which need to be answered alongside the developments we make and we don't want to situation where we have very ethical that fail to progress nor should we just freely develop things and ignore the ethical side. take google's intelligent microphone's for example google itself warns in some detail what can be derived from household sounds like the length of time we spend brushing our teeth or whether we argue or if someone in the household is sick who. is to take over the world. to direct our thoughts between person and person or communication about official intelligence grants huge power to silicon valley's tech companies gemini's justice minister once data monopolies to be broken up as a sling we must adapt antitrust law to the needs of the modern age for example
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facebook's takeover of whatsapp should have been prevented by antitrust law because it was completely clear what it would lead to namely a massive concentration of data being collected. on sent out so there's no avoiding it the ai revolution is coming the question is can ethics keep step with progress. a make sure those take business with.
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the i'm. familiar.
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to him it's all happening to me come from going to come. from africa and the world. your links to assumption stories and descriptions hello and welcome to news practically programming. from funny jenny from years of easy to i would say debbie to close the traffic come join us on facebook at d.f.w. africa. stuff. nixon driven venue. to pubs know their stuff. curves with big guns bowling and stephanie stole. the party and chatted with musicians from around the world. above. nightclubs every week on t.w. . post says heat in ruins morrow
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a. symbol of a long conflict in the philippines. between the muslims and the christian population. last play as fighters occupied the city center seventeen president detergents response was told. by the terrorists will never gain political gain of. the reconquest turned into tragedy. is not the kind of freedom that we want. how did malawi become a gateway to islam is terror as in now the same sorry god wasn't as the result of an exclusive report from a destroyed city. philippines in the sun. starts april eleventh on t.w. .
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place. blame. this is due to the news live from berlin libya's capital under siege a military strongman fighters advance on the city of tripoli dozens have been killed in the un back government says it is launching a counter offensive as western countries call for a truce also on the program the sudden release of a prominent film and theatre director by a russian court.

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