and should we worry about trying to sound official intelligence ambition to talk to venture capitalists then try to exploit it if you. will and that's your business all engines go stocks have surged by more than 10 percent in via chrysler and renault italian american company wants to merge with its french rival it create one of the world's biggest car makers and save billions of dollars needed to invest in the tech rights. or no supervisory board is discussing the possible merger proposed by fia chrysler the company's largest shareholder the french government the support of. the government is favorable to the movies but doesn't really know shareholder we must look into the conditions of the day and after all this merger must be good for the economic and industrial development for most but also for the employees. when. it is unclear what consequences employees might face and if layoffs could be

in the cards. the proposed merger what bring together 2 of the world's top 10 carmakers and could create a new number one in the global market together or no one feared chrysler could pass folks wagon until you oughta if for no holds on to its partnership with nissan and mitsubishi. currently holds a 43 percent stake in nissan which in turn owns 15 percent to 4 in all according to management nissan is open to discussing a stronger alliance possibly joining the merger. the new auto giant would bring together a host of well known brands feared chrysler owns its namesake brands as well as mail dodge cheap and muscle roddy or no besides its major stake in nissan and mitsubishi holds majority stakes in russia slava. behind the idea for the merger is the challenge of a changing car business new technologies have up and at the market the mobility

autonomous driving and the sharing economy many traditional car makers have found they can tackle those issues better to gether. european markets have reacted positively to the e.u. with action results best is a relieved it was party to gain a dramatic foothold in parliament stacked shot up by the major european indices open with similar games with 100 in london office or no good one and point 3 of a percent of the braves won the election there the euro is trading at a slight loss generally the elections held loads of centrist 3 times the other hand so major day. was. a. very strange alien from a divided to a more fragmented europe what's that mean for business. it could mean very much because european law supersedes national law which supersedes local and regional

law and of course there are so many issues which affect business which are dealt with on the european level if you take competition if you trade take trade for example the talks with donald trump if you take agriculture if you take finance regulation there and the list goes on and on and the discussion in europe is said already it's going to be more fragmented so there's going to be less consensus that's likely at least more confrontation more contentiousness and that means less certainty certainly from a business point of view and that's always bad for business and that's always bad for markets as well even though they're taking it quite well today election day also because of the disaster the as it is suffered also here in the state of bremen where they were the 1st time not the strongest party but the 2nd strongest party with the strongest showing from the german greens force companies to become green. certainly if the greens manage to turn this into further election gains and gain

power in the e.u. through commission seats or here in germany through participation in the government then everything will become greener but the leaders i hear talking are already stressing how important sustainability is how important it is to take c o 2 valance sheet risks off the books for example. in frankfurt thank you. talking about business trumps been playing golf again with abi the american and japanese leaders could be closer to the 18th hole and signing in historic trade deal it be a strong signal to the rest of asia in easing the region's trade tensions with the u.s. . donald trump and prime minister shinzo abi like to play up their golfing friendship when the 2 allies meet as well as working on his swing on this 4 day state visit. trump is pushing abbay to cut the trade gap with the united states

japan is america's key ally in asia but trump regularly complains about what he calls the unbelievably large trade deficit. he is optimistic about better trade relations with. trade wise i think we will be announcing some things probably in august that will be very good for both countries we have to do a little catching up with japan because they've been doing much more business with us we'd like to do a little bit more business in the reverse the balance well we'll get the balance of trade i think straight now to rapidly. while they wrestle with deficit issues relations between the 2 economic heavyweights remain positive thank you bob a says he will speed up talks on a trade deal. the leaders presented a common front over dinner but the trade dispute between the u.s. and china overshadows the business trump says no china deal yet but repeated his

view that he expected one of some point but i think we will have a deal with japan likewise i think we will have a deal with china some time into the. crunch meeting for asian trade will come when trump meets chinese president xi jinping next month at a g. 20 meeting in japan. one thing the trade war has shown is that the us is why china will overtake it as the market leader in all things tech it already is in artificial intelligence research scientists have been pursuing ai for decades but the last few years have seen real breakthroughs the chinese in particular developing smart software and devices at a scorching pace for chinese internet giants played key roles in the technology alibaba 10 cent i fly tech and by 2 they're all applying a i nearly every imaginable digital corner of the web and the chinese state is behind the push that's why many analysts are worried the tech could be misused for

spying or surveillance of silicon valley investor eat a few joins us from t. w.'s global media form in boston if how worried should we be about china leading in a i. well certainly sometimes come is scary to think about you know if you go down on the street in beijing you jaywalk you literally could get a traffic ticket right in seconds on the we chat. so if you're going to cover the time a definitely a little worrisome is definitely a sort of a state you do see you see t.v. everywhere but i think you know the most interesting part is that chinese citizen all in or are are aware of that is going on but in many ways like many of the citizen you know still remember 30 years ago china is a really really poor country and how chinese government really help the population to live out the prosody so in many ways i think you know all the see from

a western point of view it is scary but from a chinese point of view many of the citizens so that in some way so there's a set that this is sort of the fact and how they live their life the other thing is that china is becoming a leader in so many of these technologies and exporting that hardware that software that technology should the west be worried about that the that the chinese are setting the standards. so i think that most of the so china chinese government obviously wanted to be number one in 2030 as you mentioned that the few companies the tens and i fly tech i think most of their algorithm is actually based on chinese language so from from a source data point of view or all voice data mostly around chinese language so in many ways even they want to export i definitely don't thing is for prime time

because let's say i actually use the. voice keyboard but i think sometimes english is still not performing as well as we used with google so i think for now i don't think the west is necessary to worry about. chinese using exporting any of the ai. moser the algorithm is home grown for chinese citizen and governments really briefly europe there in the form talking about ai in the media how is china using a i in the media. also using a media for a really really advance. the most valuable company a company in the world called by chance which is most popular with combine these 500000000 monthly active users now is value a 75000000000 best of all powered by. content creation and discovery

so is just. how chinese media have used to to create the 1st z.e.o. anchors the 1st war video radio show using completely computer generated ai generate a voice and also on top of that they actually have a i reporter as well able to literally produce these $40.00 to $50.00 pieces on content per day surely generated by machines so i look forward to talking more about the audience more example about that they will enjoy the forum so we can barely investigate if young thank you very much for joining us on t w. thank you for having me. and now a quick recap of some of the top global business stories making news chrysler is proposing a merger with french comic or no italian company his phone plans for a deal that would create a world leader and help address some of the weaknesses in both renault when both

companies have struggled with timing emissions of regulations and expensive new technology for connected and autonomous vehicles. and on his 4 day visit to japan u.s. president or trump has said he is confident the 2 countries will be able to. though the most bumps in the trade relationship by august america's presidents had recently put japanese automakers on edge after calling car imports a threat to national security. and that brings you up to date on the. last in business with.

more. international. europe was voted in any election to the european parliament gains for the nationalists in the greens maybe also. this facade interest policy and an unexpectedly high light so we put it all in perspective on quadriga. quadriga 75 minutes. come to the news duramax new channel. a good line of stories. with exclusive insights. and a must see concerning parts culture in europe. to be for curious minds.

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w. this is the news live from new york. the posse. of seats in brussels. it's nationalist party. number of european countries but still fall short of predicted such. also on the program.