and he's in the driver's seat now b.m.w. takes a majority stake in it joint venture in china the first to do you say. this is your business update on how an arm free i'm glad you could join me on the international monetary fund's warnings about slower global growth rates weighed on stock markets on thursday germany's dax shed one and a half percent to close at a twenty one month low wall street was also still reeling the dow jones dropping nearly fourteen hundred points in just two days the biggest plunge since the beginning of this year well president trumps initial criticism of the federal reserve's rate hikes had only added to market jitters and on thursday he wasted no time in taking another swipe at the fed. i think the fed is out of control i think what they're doing is wrong. i've been stray should you have a lot of help because they have very little interest you know when you talk about economies our economy is far better than that but we have actually we're paying interest and they were they were using it for anybod

and who's in the driver's seat now b.m.w. takes a majority stake in its joint venture in china the first to do so. i've been fizzling let's do business investors are panicking wall street had its worst session in a long time last night a trade war and interest rate hikes have everyone on edge including u.s. president donald trump this called the federal reserve crazy for raising rates. market turmoil on wall street followed by a massive slump in asia investors around the world are feeling the heat one issue weighing on their minds whether the u.s. fed is going to raise interest rates again it's already done so three times this year it's a measure of central banks take to put the brakes on a robust economy markets don't always like it because it makes it more expensive to borrow money. another person who doesn't like it u.s. president donald trump here's what he had to say about the fed on his way to a company in rally. hard to read that. make it everything is so tight i think the fed is going great. trumps comments come as th

the first time a foreign carmaker has been allowed to acquire a majority stake in a joint venture b.m.w. now holds a seventy five percent stake previously foreign firms weren't allowed to own more than fifty percent of the step is supposed to show the world that china is opening up critics say it's a promising start but china will also benefit from the arrangement that's why chinese premier league made in person with a b m w's boston herald cougar on wednesday krueger announced that b.m.w. would be investing three billion euros in building new factories in china over the next three years that gives china jobs and security in the midst of the trade war with the united states the munich based cameco will also invest heavily in developing electric vehicles in china for a year now they've been building electric motors there and office six models as fully electric versions the chinese want to profit from this know how the chinese government has issued a new energy vehicle mandate is china finally opening its economy well that is probably too early to say what we see is an encouraging signal yes i

b.m.w. global recall total to now one point six million big bills. china is building bridges quite literally in this case it happens to be the longest in the world china does do small these days but it's not just a procedure project it creates a road link between the special economic zone of the high on mainland china macau and hong kong that's fifty five kilometers long ten years to build cost billions and its usefulness is disputed it looks great though. it has been a monumental challenge but after nearly a decade of construction work and some twenty billion dollars the big day has arrived so it's no surprise the chinese government is hailing the opening of the record breaking structure. i now declare the hong kong bridge open. but opinion is divided among ordinary hong kong others i. know of i haven't been on the bridge yet so i'm not sure but i think the opening is good but the brains convenience to the three cities. they get a call all the time but it wasted a lot of hong kong is money right it's meaningless for normal people we rarely go to the

b.m.w. is diesel problems of multiplying the german car maker now recalling over one million additional diesels it says an exhaust system problem could cause a fire in extreme cases the recall affects models made between twelve and ten and twenty seventeen the m.w. says cooling forward could leak into the exhaust cooling system a mix with other substances posing a potential fire risk in aspen brings the manufacturers' global recall to a total of one point six million vehicles. china is building bridges in this case the longest of its kind in the world it's fifty five kilometers long but the bridge is not just a prestige project it creates a link between mainland china a cow and hong kong sub dispute its usefulness. the mega structure crossing the pearl river delta links moment china to an economic zone that is already one of the most dynamic in the world. it will cut the commute to and from hong kong from four hours to one. i declare the hong kong macau bridge open. the chinese president xi jinping officially opening the bridge two years behind schedule the structure includes a seven kilometer

b.m.w. will be entering the formula the racing series with its very own race or for the first time before now the car maker had only ever been involved in directly because inside the house is only against mark. motors more directors proud their entrance safety m.-w. has been an official vehicle partner since season one they've seen the i eight safety car on the track and have been closely following the formula east series over the past seasons they think the series has developed well and many originally equipment manufacturers seem to agree they are following suit and getting involved are planning to it's a place to be and set to be. the most mindfucking at the eyes of the international on immobile federation if i am so so quite proud of its electric racing series. before we start our car garage show head of the f.i.a. commission for alternative power train technologies is glad this series is bringing so many manufacturers together and creating the right kind of competition he considers it a great marketing tool for electric car makers their greatest good however is ensuring that private team

gotten taller too he says and is now one metre seventy four in height points who will give almost all you have. here and it's. the most striking characteristic of front b.m.w. is trademark kidney shaped grill and the new x five they're set into a single piece frame. all of the lights in the back have now been equipped with energy saving l.e.d.s. . i know it says the x. five has a two part of electric tailgate and is smart in terms of connectivity so ideal for longer trips it's also equipped for a future that will include autonomy is driving functions and has its own cloud and the smartest drive assist systems on the market he says the b.m.w. also made it a real off roader on an awful lot about. the german car maker is an optional air suspension system with the x five which has a ground clearance of over twenty centimeters it's offroad and package features four different driving modes at the touch of a button snow sand gravel and rocks. we're standing by no says here in the woods of georgia and some presently clear what the x. five can do even equipped with just a normal set of high performance tires. to gasoline into diesel engines are available for the mo

b.m.w. that was reported to this group of those consulate workers that we are now being told included was any that was released to the international media a couple of days ago it's another example again of this kind of pressure that is being built up on the saudi side only hours before we are expecting as you say the saudi chief prosecutor to arrive here for a very important meetings tomorrow with his turkish counterpart and we we understand that they will certainly the saudi prosecutor will be coming down to the consulate himself and possibly visiting overseas at the consul general home which is very close to here also yes and that could be an interesting development because the saudis we know already refused to exit i any of the suspects saying that they would be tried inside the kingdom what might be the purpose of the prosecution's presence. well certainly the president or to our last week again putting pressure on saying that you know they want answers with respect to these eighteen men that have been arrested in saudi arabia we can only predict so there's going to be a lot of pressure p

b.m.w. is also set to fail. just as things aren't looking that great for folks bargain right now. but in the face of thank you. thank you. shows and cathay pacific have come on the must massive pressure today but for altogether different reasons the hong kong based allan one of asia's biggest has reported a big data breach says gained access to information on more than nine million passengers that would use those personal information of customers including passport and telephone numbers happened in march this year but was only made public yesterday however the carriers says there has been no evidence of misuse of the information so far as if it is the major airline to report the days of rage this year of the british airways and delta airlines admitted similar incidents. tesla's back of the black for the first time in two years the production run for the model three so the us electric car maker posed a net income of three hundred eleven million dollars in the last quarter also coming shareholders in the launch of the mobile three had been. delayed by a series of technical stickle glitches repeatedly failed to h

general's home as you heard there now his package as well today these interesting photographs still photographs taken from we understand a c.c.t.v. footage all of that b.m.w. that has go cold see the plates that was seen around the belgrade forest a day before she was killed of course we heard president over the one yesterday talking about what he described as a reconnaissance team of saudi consulate would because that were believed to have gone to that forest. implying looking for some sort of place to bury a body and as on and says that implying that this was very much a preplanned mudda. that's the state of the investigation sedate him sings going forward this conversation between president or to juan and mohamed bin salma and saudi arabia's crown prince we understand that telephone conversation was actually demanded by the crown prince himself interesting enough only an hour or so we understand before he entered that vital investment conference in riyadh. for him to figure him over slowly as he tries to sure up as much causative prio as he current will can only be described as the biggest crisis he's faced since basically taken control of the cone tru

will now also take advantage of the opportunity that we are offering to regain confidence in the diesel. so far only folks fogging has agreed to the hardware retrofits other carmakers including b.m.w. and opel are rejecting this approach diesel emissions are a major cause of hide nitrogen oxide levels in some regions that's why several german cities have threatened to ban older diesel vehicles the european commission has also taken action in the european court of justice to force germany to comply with the pollution limits that have been binding since two thousand and ten. in other european countries governments are already thinking about restricting diesels in cities or banning them altogether. make sense of all this is within the story and i didn't really go from the german environment association now thank you very much for joining us in the studio do you think from your board a few from your organization's point of view do you think this is a viable agreement do the government's plans go far enough no i wouldn't say this is definitely not a breakthrough i mean the agreement consists on two pillows first of all car owners can get a discount for if they exchange the old car into

b.m.w. that was reported to this group of those consulate workers that we are now being told included was any that was released to the international media a couple of days ago it's another example again of this kind of pressure that is being built up on the saudi side only hours before we are expecting as you say the saudi chief prosecutor to arrive here for very important meetings tomorrow with his turkish counterpart and we we understand that they will certainly the saudi prosecutor will be coming down to the consulate himself and possibly visiting overseas that the consul general is home which is very close to here also. the suspect behind saturday's mass shooting at a pittsburgh synagogue that expressed a hatred of jews during the rampage saying he wanted them all to die forty six year old gunman who's been named as robert bowers has been charged with murder and federal hate crimes which carry the death penalty eleven people were killed during the twenty minute attack on the tree of life synagogue victims include a husband and wife a pair of brothers and a ninety seven year old woman the

b.m.w.'s five series touring in the mercedes a class estate and he thinks with this latest version of the audi a six zero but now has the edge over its rivals it looks really supportive and very classy especially at their rear of it when it's gently curving roofline he thinks it really works you can just get all. wide and low the single frame grill dominates the front end. the a six avant is long and sleek the windows markedly trampas oit be angled rims of the wheel housings emphasize that this is a card carrying the quatro four wheel drive. a contrast in metallic band connects the l.n.b. rear lights. the interior and the dashboard are pretty much the same as in the sedan the infotainment system has a huge screen beneath it is a second one for a climate control. with no less than one thousand loud speakers the bang and olufsen sound system delivers three d. surround sound throughout the cabin. there is lots of room for luggage in the trunk five hundred sixty five liters rising to one thousand six hundred eighty if the rear seats are folded down. to a six of five is he definitely made for long trips as you might

will now also take advantage of the opportunity that we are offering to regain confidence in the diesel. but so far only focus fog has agreed to the hardware retrofits other carmakers including b.m.w. and opel are rejecting this approach diesel emissions are a major cause of hide nitrogen oxide levels in some regions that's why several german cities have threatened to ban older diesel vehicles the european commission has also taken action in the european court of justice to force germany to comply with the pollution limits that have been binding since two thousand and ten. in other european countries governments are already thinking about restricting diesels in the cities or banning them altogether. makes sense of all this is within the story and from the german environment association now thank you very much for joining us in the studio do you think from your board if you from your organization point of view do you think this is a viable agreement do the government's plans go far enough no i wouldn't say this is definitely not a breakthrough i mean the agreement consists on two pillows first of all. owners can get a discount for if they exchange the old car into a new one but we

and years in the driver's seat now b.m.w. takes a majority stake in it joint venture in china the first to do so. this is your business update on how an arm free in berlin glad you could join me all the international monetary fund's warnings about slower global growth rates weighed on stock markets on thursday germany's dax shed one and a half percent to close at a twenty one month low wall street was also still reeling the dow jones dropping nearly fourteen hundred points in just two days the biggest plunge since the beginning of this year. or president trump's initial criticism of the federal reserve's rate hikes had only added to markets.