as a prize decision in tokyo lawyers for foreman this envoys carlos goldman say he has been granted bail after more than three months in detention. also on the show beijing announces tax cuts of the national people's congress in a bitch to bolster the country's cooling economy. alone welcome to do business want to jones in berlin good to have you with us and a sudden change of heart in tokyo a japanese court has approved a bail request for the former chairman of nisson motor carlos gold he could be out of prison later today but he's requested to remain in japan go and has been in jail some three and a half months and his bail has been set it's nearly nine million dollars gold was in charge of the renaud nissen mitsubishi out of alliance and he was indicted in japan over allegedly falsifying financial reports and to breach of trust he denies the charges. curious case for sure let's bring in our market correspondent early birds in frankfurt good morning to you now only the tokyo court had rejected two previous requests for bail what brought about this change of heart. well we don't really

carlos ghosn era. the three partners are streamlining operational decision-making with one single board. haidi: former goldman bankers have been banned from the industry from the federal reserve for their roles in malaysia's missing billion scandal. the pair were donated bond offerings that allowed cash to be stolen. he's pleaded guilty to u.s. charges, including conspiracy to money laundering. shery: coming up next, volkswagen ceo tells bloomberg he is optimistic about the u.s. and china reaching a trade deal. hear that interview next. this is bloomberg. ♪ haidi: 10:30 a.m. in sydney. markets open in 30 minutes. getting wednesday started on the back foot with weakness in sydney stocks trading. lookingful view there at the sydney opera house. i'm haidi stroud-watts. shery: i'm shery ahn in new york. let's get the first word news with jessica summers. jessica: thanks. the u.k.'s departure from the eu faces more uncertainty as theresa may's revised brexit proposal fell to a heavy defeat in the comments. sterling was under pressure for an eighth decline in nine sessions. mp's perspective to vote against a no dea

carlos ghosn era. they are streamlining operational decision-making. to overseengle board their collaboration. new -- to the whole organization. be more efficient and simplifying the structure. a former goldmansays the coordinated bond offering that allowed money to be stolen. he has pleaded guilty to u.s. charges including conspiracy to money laundering. >> the trends for the iphone are going from bad to worse. ratingrmed his neutral and says multiple iphones did not stop chinese -- from weakening. the iphone made up at least 60% of earnings. the faa continues to stand by its decision not to ground that the -- the 737 max. boeing shares tumbled. we will have more on this unfolding global crisis. this is bloomberg. ♪ want more from your entertainment experience? just say teach me more. into your xfinity voice remote to discover all sorts of tips and tricks in x1. can i find my wifi password? just ask. [ ding ] show me my wifi password. hey now! [ ding ] you can even troubleshoot, learn new voice commands and much more. clean my daughter's room. [ ding ] oh, it won't do that. welp, someone should. just say "teach me more" into your voice remote and see how you can have an even better x1 exper