leases he's not reducing his commitment to volvo he says buying the stake in dima allows him to focus on the technologies of the twenty first century electro made billet and driverless cars huge challenges that no manufacturer can tackle alone. especially given the invaders from outside the city describes google tesla and other companies encroaching on the auto industry. with dime that g.-d. plans to benefit from german technological know how it says it's overriding aim is to get to become companies to join forces in an effort to stand up to the coming onslaught from silicon valley. for more on dynamos new major stakeholder i'm joined by start law professor in strategic management at warrick business school in the united kingdom good to have you with us so we just heard g.d. will hold thank you almost ten percent in dima being the major stakeholder that way what power does that put into the hands of the chinese group. oh certainly some you know if you're on ten percent of an organisation if you're the largest shareholder you have a word but you still invest so it doesn't necessarily t

and a chinese company is now the number one investor in germany's dima will take a closer look at least plans and its strategy in europe. it's time for business on g.w. and how you got to get us welcome to the program and we start with a brand you may not know but gili is china's biggest independent car maker and now coal owner of one of germany's leading car companies which you do know through its core brand mercedes-benz g.-d's chairman lee shoe food is currently in germany and after revealing his company bought at ten percent stake at dima carmakers are shocked and it's not the first time here's a look at a man who has turned the chinese car industry upside down. it's a rags to riches tale the son of a rice farmer genies found early shoe food is china's tenth richest man according to forbes magazine the fifty four year old started out with a refrigerated parts factory in the one nine hundred eighty s. back then though the sector was strictly state run inevitably also richie's shut these factories down but by then lee had already made a small fortune and so he simply switched industri

leases he's not reducing his commitment to volvo he says buying the stake in dima allows him to focus on the technologies of the twenty first century electro made billet and driverless cars huge challenges that no manufacturer can tackle alone. especially given the invaders from outside describes google and other companies encroaching on the auto industry. with g.d. plans to benefit from german technological know how it says it overriding aim is to get to become companies to join forces in an effort to stand up to the coming on silt from silicon valley. all right let's take a closer look at the story for that i'm now joined by christiane studly a professor in strategic management at work business school joining us from bath in the u.k. hi good to see you mr sadler now we see stories like these frequently and the first reaction is often the chinese are taking over everything how much of that is true in the case of diana i would not necessarily be too worried you know so they're on ten percent it's a sizeable stake but it's far from taking over diamond head has large shareholders in the

to buy a nine point seven percent stake and dima chairman is currently in germany on what some call a charm offensive as chinese investment in german companies is often met with skepticism so who is in the show who and what might he have planned for diana let's meet them on. it's a rags to riches tale the son of a rice farmer genies found early shoe food is china's tenth richest man according to forbes magazine the fifty four year old started out with a refrigerator parts factory in the one nine hundred eighty s. back then though the sector was strictly state run inevitably also richie's shut these factories down but by then lee had already made a small fortune and so he simply switched industries producing first motor bikes and then cars as lee himself said all you needed for a car were four wheels and two sofas an insight that for several years reflected the quality of his vehicles but just two decades later he was selling around one point two million cars a year in china making it the nation's knowledge is independent car maker in two thousand and ten believe bought up struggling a

the boss of dima detail had some reason to smile twenty seventeen was the best year in the company's history with sales of three point three million cars but this week's revelations of exhaust gas testing on humans and monkeys cast a shadow over the shining figures from the start of the press conference tried to clear the air so much for such testing goes against our values a dime or we're going to find out exactly how this happened. based automaker together with the german carmakers financed the now disbanded e u g t research institute dieter zetsche or tried to move on from the damaging allegations and refocus attention on the company's future he told shareholders profits would stagnate while dian learn vested messily in new technologies and yet are scoffed off from can be chef looks and will be using the earning power of our core business to powerfully gauge with the future challenges our industries are facing we called this case that stands for connectivity autonomous driving sharing and ema billet so this is about nothing less than reinventing the concept of individual mobility

leases he's not reducing his commitment to volvo he says buying the stake in dima allows him to focus on the technologies of the twenty first century electro made military and driverless cars huge challenges that no manufacturer can tackle alone . especially given the invaders from outside describes google and other companies encroaching on the auto industry. with g.d. plans to benefit from german technological know how it says it overriding is to get to become companies to join forces in an effort to stand up to the coming on sloat from silicon valley. all right for more let's bring in our markets man daniel cole put in frank for a day you know what are people in frankfurt making of diners new anchor investors. yeah they're not really sure what to think about all of this on the one hand they're liking the promises that they want to be a longtime partner also that they really want to be to build a new alliance when it comes to autonomy is driving and also regarding to eve mobility if but yeah we heard that shares in hong kong of gili were jumping high completely different scenario her

then li shu fu has held a central position among international carmakers and now he's invested in dima acquiring just under ten percent of the luxury car company the state of q wait until now the largest shareholder has been bumped into position to with six point eight percent followed by rent. the rest is divided up among small investors. leases he's not reducing his commitment to volvo he says buying the stake in diamond allows him to focus on the technologies of the twenty first century electro made billet and driverless cars huge challenges that no manufacturer can tackle alone. especially given the invaders from outside describes google tesla and other companies encroaching on the auto industry. with g.e. plans to benefit from german technological know how it says its overriding aim is to get to become companies to join forces in an effort to stand up to the coming on sloat from silicon valley. and over to our financial correspondent in frankfurt danielle gamba smaller investors some eighty percent had a whole weekend and to this whole monday more or less to digest the news that's

dimas just had its most successful year ever the german comic is sold more cars than ever before and choked up its highest profit close to eleven billion euros the road ahead doesn't look as good stagnating profits with the financial burden of developing new technologies and it's got another scandal on its hands those tests on monkeys and humans. the boss of dai miller. had some reason to smile twenty seventeen was the best year in the company's history with sales of three point three million cars but this week's revelations of exhaust gas testing on humans and monkeys cast a shadow over the shining figures from the start of the press conference tried to clear the air so much for such testing goes against our values a time where we're going to find out exactly how this happened. based automaker together with other german car makers finance the now disbanded e.u. g.t. research institute. tried to move on from the damaging allegations and refocus attention on the company's future he told shareholders profits would stagnate while dian learn vested mess of lead in new technologies and ye

then lee hsu fu has held a central position among international carmakers and now he's invested in dima acquiring just under ten percent of the luxury car company the state of q wait until now the largest shareholder has been bumped into position to with six point eight percent followed by rent. the rest is divided up among small investors. leases he's not reducing his commitment to volvo he says buying the stake in diamond allows him to focus on the technologies of the twenty first century electro made bullet and driverless cars huge challenges that no manufacturer can tackle alone. especially given the invaders from outside describes google and other companies encroaching on the auto industry. with g.e. plans to benefit from german technological know how it says it's overriding aim is to get to become companies to join forces in an effort to stand up to the coming onslaught from silicon valley. now earlier today juli shares are also six and a half percent in hong kong for more ingenious plans for germany and why i see all who is visiting germany at this moment is our correspondent dan

and dima they are all down between zero point eight and one point four per cent of course this could be way worse but we also have to remember how many billions of euros in the equity market have been already lost during the diesel gate scandal of course the car industry was alerted we're already getting statements from business associations all purpose also representing smaller businesses or all kinds of negative a effect this could have for the economy and one thing is also sure even though shares were not dry jumping or going down dramatically the value off of diesel maybe standing at home right now has dropped more than their share price of the comic us today all right in front of thank you so much. making our already very smart phones even smarter now that is something that is harder and harder to do and that is why many say the real innovation at this year's mobile world congress is the tech network that keeps us connected the term on everyone's lips in barcelona is five g. the blazingly fast networks that most european operators want to roll out within the next two years and w

i'm sort of a tough guy you know boy it was just overwhelming to see so many children unnecessarily dima for your very own because because a man made conflict is unacceptable in its usable and i'm going to continue to fight against it as hard as loud as i can well mr b.'s the best of luck with that i really appreciate your time with us today and terrorist please keep the conversation going on our social media pages so me hope to see you again same place same time here and while the part. everybody i'm stephen. with gun. proud american interests george bush and. this is my buddy max famous financial guru just a little bit different. you know with all the drama happening in our country and.

plans to buy almost one tenth of dima has caused a stir not only at the maker of messy discards german politicians also fear for the future of one of the country's most iconic companies. berlin has questions julie found early shoe food is headed to the chancellery to explain just what it would mean for a chinese company to take over ten percent of one of germany's industrial jewels it's about more than stock ownership there are concerns about technology transfer and foreign influence on corporate strategy chinese companies have been buying into key german companies bank puts meister concrete systems robot maker kuka. in two thousand and two only two chinese companies bought into german enterprises but that number has increased constantly since then in two thousand and sixteen it was sixty eight. forces but after looking long term in ten to fifteen years we'll have to ask ourselves which parts of our industrial base are still left in germany as more and more of them are relocated to china while on the other hand german investors in china are systematically disadvantaged. german investor

now better soon how's your business updates and dima bosses are doing congress up and down the corridors today yeah i mean record profits they've never sold so many cars but the road ahead looks very different feel the german car make it clear is there a. vegas oh more cars than ever before and chalked up eleven billion euros in their profits the road ahead though looks a little different as i mentioned stagnating profits as the financial burden of developing new technologies begin to bite and is the scandal of tests on monkeys and humans. the boss of di miller had some reason just smiled twenty seventeen was the best year in the company's history with sales of three point three million cars but this week's revelations of exhaust gas testing on humans and monkeys cast a shadow over the shining figures from the start of the press conference i tried to clear the air so much for such testing goes against our values that we're going to find out exactly how this happened. based automaker together with other german car makers finance the now disbanded e u g t research institute. tried to move

i'm sort of a tough guy you know boy it was just overwhelming the see so many children unnecessarily dima for your very own because because of man made conflict is unacceptable in its usable and i'm going continue to fight against it as hard as loud as i can well mr ms the best of luck with that i really appreciate your time with us today and terrorist please keep the conversation going on our social media pages so me hope to see you again same place same time here in a while the part. it's . got some security interest that's russian security interest ok not just a thought we want to be able syria and we want a stable lebanon and you can't just send planes every week to bomb the country and disrupt the political process in this way it's unacceptable. called on u.n. security council members to work on solving the crisis in syria is. rather than creating tearing the country apart. also ahead on the program decades of environmental damage on a picture rest. in the atlantic leaves locals fearing for their well being as they continue to search for increased cancer rates they blame the u.s. air

i'm sort of a tough guy you know boy it was just overwhelming the see so many children unnecessarily dima for your very own because because a man made conflict is unacceptable in excusable and i'm going to continue to fight against it as hard as loud as i can well mr biggs the best of luck with that i really appreciate your time with us today and terrorist please keep the conversation going in our social media pages as for me hope to see you again same place same time here in a while the part. join me every thursday on the elec side with schill and i'll be speaking to us in the world of politics sport i'm show business i'll see you then. i've played for many clubs over the years so i know the game inside i. football isn't only about what happens on the pitch put the final school it's about the passion from the fans it's the age of the superman each kill the narrowness and spending shouldn't twenty million on one player. pool it's an experience like nothing else i want to because i want to share what i think what i know about the beautiful game a great one more chance for. a nice minute. t

i'm sort of a tough guy you know boy it was just overwhelming the see so many children unnecessarily dima for your very own because because a man made conflict is unacceptable in its usable and i'm going to continue to fight against it as hard as loud as i can well mr b.'s the best of luck with that i really appreciate your time with us today and terrorist please keep the conversation going on our social media pages so me hope to see you again same place same time here and while the part. algy's headline news from exotic to toxic decades of environmental damage on a portuguese auditor blamed on a u.s. air base as locals reporting creases in cancer and other illnesses. german tabloid newspapers left red faced after it gets into running a bogus story about russian meddling in german politics one of the pranksters tells r.t. how they did it we knew how to feel like an editor and what we did was we came up with the story of the techie like in the spy it was. also this our claims of child sex abuse at an orphanage in central russia shocked the nation and sparked a major investigation.

of the most famous preacher in america, president of concert of prayer in greater new york, pastor dimasr coming on this morning. >> good to see you. >> wish it was better circumstances. unfortunately, we lost somebody that was very powerful in this world. can you tell us a little bit about your experience with reverend graham, what he meant to you? >> i had the privilege of serving on his youth committee. this was a guy who was so focused on jesus, he lived a very simple life. most people know his salary kind of followed his age around that was a purposeful decision that he made. he didn't buy big, fancy houses, stayed in the same home in north carolina. what's so beautiful is he's leaving in houme mill a humilit. i looked at his casket that's made by lifers in prison. that's the same casket that billy graham will be buried in. they often point out, no matter where you are in the united states, if you're in a group of 100 plus people, all have you to ask is someone here in this group have come to know the lord, jesus christ, through billy graham and you'll see hands raise. i did a test

or at least we in the uk has ever released elkhart is such a dimas.n sympathies with the people of france, of course we do. but it is ha rd to france, of course we do. but it is hard to do my —— denied that we share sympathies with non—eu people. that is why one of the reasons why we in the uk have had such difficulty in adapting to the whole concept of eu integration, to understand why eu revelation is not a lwa ys understand why eu revelation is not always suited to the economic needs of the uk is vital to understand that eu law is a special type of law, unlike anything else on earth. it is not just law, unlike anything else on earth. it is notjust about business convenience, it is to achieve a political goal. create an overarching european state as the basis for a new sense of european political identity. british politicians, labourand tory, have a lwa ys politicians, labourand tory, have always found that ambition very difficult, it is hard to make it cohere with our particular traditions of independent parliamentary legal systems that go back cen

dima and b.m.w. sponsored studies conducted by the university of auckland here in germany into the health effects of diesel fumes now this is a common practice among many companies are carrying out their own research for revelations that monkeys and humans with the test subjects caused a scandal when they came to light earlier this week. the study aimed to assess the impact of diesel fumes on human health unsurprisingly the three companies that funded it had a vested interest b.m.w. di miller and v.w. . when the test became public the outcry was grace with members of the german government various media commentators and even fox martin's boss united this week in their condemnation. but the researchers behind the study are suggesting that the response has been discussed coarseness pointing out that the study posed no risk to subjects health. when view. when we expose humans to harmful substances we make sure that there's no health risk involved and ensure of course that nobody can get ill. the study ca

dima publicly apologized to china on tuesday its mercedes benz brand causing an outcry there by quoting the dalai lama in a social media post the instagram post showed a white mercedes car on a beach with the quote from the dalai lama look at the situations from all angles and you will become more open many in china view the dalai lama as a dangerous voice for separatism in tibet a region they consider an entire group part of their country it's just the latest foreign firm that has felt compelled to apologize to a critical and increasingly nationalistic chinese consumer market. that had not been approached by chinese authorities and staying in china to a video that's shocked the country that's right danielle a video showing a mother selling her own breast milk on a chinese street has gone viral and i'm now joined by for that about her from our social media desk crews have been following that story for us tell us more i think . this is about a young a couple inches in which is a major city in the south east of china they just had a tween daughters but one of them was born with a serious

to fool is currently here in germany and after revealing his company bought a ten percent stake at dima carmakers in germany are shocked and it's not the first time here's a look at a man who's turned the chinese car industry upside down. it's a rags to riches tale the son of a rice farmer genies found early shoe food is china's tenth richest man according to forbes magazine the fifty four year old started out with a refrigerator parts factory in the one nine hundred eighty s. back then though the sector was strictly state run inevitably also richie's shut these factories down but by then lee had already made a small fortune and so he simply switched industries producing first motor bikes and then cars as lee himself said all you needed for a car were four wheels and two sofas an insight that for several years reflected the quality of his vehicles but just two decades later he was selling around one point two million cars a year in china making it the nation's knowledge is independent car maker in two thousand and ten lead bought up struggling automaker volvo from ford he floored money

dima bands b.m.w. and other leading companies were only too willing to go along with it was plants. the aviation factories of high messerschmitt and yonkers developed planes whose xterm old forms alone were meant to inspire terror. flight schools attracted ambitious military personnel. but no amount of training could replicate the. variants of just one day of war. talk finds strafing fire with machine guns bombing communication networks strategic factors to see if it is it is a nine hundred thirty six the legion con dog a unit of nazi aviators intervened in the spanish civil war. hitler supported franco's fascists against the republicans but he also had another reason for deploying his air force. with france and britain staying out of a conflict hitler used spain as a site for accelerated training. some sixteen thousand germans would find him spain . alongside pilots and machine gunners engineers meteorologists to determine the best times for bombing. and photographers who helped identify targets and assess the results of attacks. april twenty sixth nine hundred thirty seven believi

and a chinese company is now the number one investor in germany's dima will take a closer look at least plans and its strategy in europe. it's time for business on the w. and how you got to get us welcome to the program and we start with a brand you may not know but julie is china's biggest independent car maker and now coal owner of one of germany's leading car companies which you do know through its core brand mercedes bentz g.-d's chairman lee shoe food is currently in germany and after revealing his company bought at ten percent stake at dima carmakers are shocked and it's not the first time here's a look at a man who has turned the chinese car industry upside down.

lee shoe food is currently in germany and after revealing his company bought at ten percent stake at dima carmakers are shocked and it's not the first time here's a look at a man who has turned the chinese car industry upside down.