. >> daimler could be getting a new major investor. we will tell you from where. >> and we will have a look at the 200th anniversary of german composer wagner. stay with us here at dw. >> welcome back. >> it certainly does not take long for rumors on the stock market to have a real impact. that has been the case with the german carmaker daimler. a newspaper in china is reporting that the chinese state pension fund is planning to buy a stake of 10 % in the company -- 10% in the company. you must share prices have been boosted. such a person -- >> share prices have been boosted. such a purchase would make china the biggest shareholder. > >> daimler has had no real anchor investor. current stakeholders are widely spead out. funds, banks, and smaller investors hold the lion's share of daimler stock. further shares are held by kuwait and other strategic investors. in light of this investment structure, the chinese state fund could buy up shares in the market relatively easily. share prices have already begun to rise in the market. a regular

. >> daimler could be getting a new major investor. we will tell you from where. >> and we will have a look at the 200th anniversary of german composer wagner. stay with us here at dw. >> welcome back. >> it certainly does not take long for rumors on the stock market to have a real impact. that has been the case with the german carmaker daimler. a newspaper in china is reporting that the chinese state pension fund is planning to buy a stake of 10 % in the company -- 10% in the company. you must share prices have been boosted. such a person -- >> share prices have been boosted. such a purchase would make china the biggest shareholder. > >> daimler has had no real anchor investor. current stakeholders are widely spead out. funds, banks, and smaller investors hold the lion's share of daimler stock. further shares are held by kuwait and other strategic investors. in light of this investment structure, the chinese state fund could buy up shares in the market relatively easily. share prices have already begun to rise in the market. a regular

daimler has announced a new alliance with ford and nissan to research hydrogen-powered cars. the automobile giants hope their partnership will speed up development of the emission- free fuel and cut costs. their cars will be fitted with a font -- a common fuel cell system. the announcement is a bit of a change of course for daimler, which had previously said it aims to produce a hydrogen- powered car by itself by 2014. three people have been killed in floods in eastern australia. the area has been battered for days by the remains of a tropical cyclone. >> the town of bundaberg has been worst hit. thousands of residents have been evacuated. risdon is also on high alert. new south wales is now bracing for the storm to arrive. >> they have never seen flood the -- floodwaters like this in bundaberg. the raging torrents are threatening to rip homes from their foundations. river levels are getting a record peak. -- hitting a record peak. it is no longer safe for boat cruise. dozens of stranded residents have been plucked to safety by helicopter. or the prime minister, it is the sec

. >>> nissan motor has agreed with daimler and ford to build a control system for fuel cell vehicles. the flee automakers have just announced a deal. the companies plan to join hands in developing the control system and other key components. they're also hoping to produce their own fuel cell vehicles and put them on the market in about four years. until now, nissan has been jointly developing fuel cell vehicles with daimler while the german automaker has teamed up with ford to develop fuel cells. fuel cell vehicles are expected to become one of the next generation eco friendly autos. already toyota motor has agreed with bmw to develop hydrogen tanks. such cooperation is part of the carmaker's efforts to cut development and production costs. >>> toyota motor back as the world's top seller. this after seeding the top spot for a year. the japanese automaker said on monday that it sold more than 9.7 million units worldwide last year, up 22% from the previous year. the sales include vehicles made by daihatsu and hino motors. u.s. general motors came in second selling about 9.28 million uni

details could emerge today about massive job cuts at daimler truck factories. workers are bracing for potential layoffs that could happen at plants in north carolina, south carolina, oregon, mexico and germany. a total of 2100 jobs could be dropped - 1300 from factories in north america, plus 800 in germany. daimler is responding to less-than-expected demand for its trucks and school buses. chrysler is going from bankrupt to breakout. the automaker made $1.7 billion in 2012, and profits could touch $2.2 billion this year, a huge improvement from 3 years ago when chrysler sputtered its way to a taxpayer bailout. the ceo is promising bonuses to employees because of the comeback. chrysler has limited exposure to europe, but has yet to gain traction in china. shares of chesapeake energy shot up following news the company's ceo will soon bid farewell. shares rose 6% in yesterday's trading session, closing out the day at $20. chesapeake ceo aubrey mclendon announced earlier this week he will leave the company in april. mclendon has been under review for months by fed

ford, daimler and renault- nissan are collaborating on developing both cars and trucks that run on hydrogen. the only byproducts of hydrogen fuel are water and vapor so the technology is completely "green." toyota and bmw are also collaborating on hydrogen technology and hope to put it into commercial production by 2020. cleanup crews are working to stop the spread of an oil spill in the mississippi river. sunday... more than 80,000 gallons of oil spewed into the river after a barge hit a railroad bridge near vicksburg mississippi. authorities shutdown a section of the water way so that crews could skim the light crude. it's not clear when normal travel will resume on the mighty mississippi. the hess corporation is refining its business. the energy company plans to close its port reading refinery in new jersey by the end of the month. and, is also preparing to sell its u.s terminal network. the companies is transforming from integrated oil and gas to predominantly exploration and production. investors clearly like the plan, shares shot up more than $ 3 dollars yesterday. a dreary chapter fo

other partners is daimler, and we already have a common plan for doing engines with daimler.on cars. >> so for you, carlos, as we wrap up this -- i'm sorry, wilbur, do you have one more question? >> is that your answer to the problems of predatory pricing, that hurt the european car market? do joint ventures get scale in lower cast? >> no, i don't think -- i don't think this is in response to what's going on in other market. i don't think so. i think we have a strategy today, because of a lot of suffering we had because of the exchange rate. you know, the yen going up. you know, we're trying as much as possible. we are just having industrial strategy focusing into building the cars where you're selling them and sourcing them where you are selling them. that's the main element of our strategy. so we are going to develop more capacity in north america particularly to take into consideration the fact we don't want to be too much dependent on foreign exchange rate situation. >> carlos ghosn, chairman and ceo of nissan renault. they are now building the leaf and batteries for the

and daimler shares are among the top gainers in germany this morning. >> the s&p 500 index added 6.6 week to finish at a five-year high ahead of the beginning of earnings season and alcoa will be out with earnings tomorrow afternoon. thompson reuters look for fourth quarter earnings. barry knapp, head of u.s. equity portfolio strat ji at barclays. what was it again? >> charles. >> good name, barry charles. and richard bernstein, been going through life without a middle name until he started coming on "squawk box." ceo richard bernstein adviser and cnbc contributor are with us for the next two hours. also jim paulsen of wells capital management chief investment strategist joins us from minneapolis. whenever the market bears out what the latest prediction was, i don't know, he somehow called up and says please let me on while i've been right -- because you were right about last week, paulson, exactly right. >> well, every dog's got to have at least one week. >> yeah, but -- >> well, you know. we haven't really gone anywhere. you have been right. every time the economy has a start and t

this after the automaker reached an agreement with daimler and ford to develop hydrogen powered cars. elsewhere, kospi snapped a four-day losing streak ending higher by 0.8%. samsung and hyundai rebounded strongly on bargain hunting. after the bell, posco reported a slump in its q4 profit so we'll watch its shares reaction tomorrow. elsewhere, india's sensex is currently down by 0.3% after the rbi cut the interest rates for the first time in nine months. back to you. >> okay, sixuan, thank you. catch you a little later. >>> now joining us on the set is allan miller, founding partner at stm private. the top thing on everyone's mind, allen, welcome first of all. what's happening with markets? equities around the world and a lot of other markets are at multi year highs. they're on these winning streaks. yesterday we saw that start to break down. is there a significance to that? >> we never look on a one-day view. if you look further out, there's substantial value in equities compared to bonds. but when you actually look at the sharp rise as we've had in the last few months, it's not unus

is reportedly interested in a stake in daimler as the chinese sovereign wealth fund looks to pick up big assets on the cheap. during the financial crisis, the fund made vervel bad bad and has since developed a safer investment strategy. >> the chairman and ceo said the funds recovered last year. >> translator: 2012 was a much easier year than 2011. and the returns are much better. but the final numbers have not come out. the reports for the long-term assets will come out a quarter later, but we are confident our returns will know over 10%. >> how would you describe how the cic changed its investment mentality or methods? in 2012 over previous years? >> translator: we did not change our approach towards investments. it's just under the current circumstances, we changed some tactics for investment. we had to change our tactics because we opened some volatility in the market, especially volatility that is created by policies and has hampered the return prospects. >> is it dangerous to lump the west as the west because parts of europe say the uk have been actually very welcoming of ch e

some stocks that are down, daimler off, renault down .75%. italian sales, poor. the standout, up .4. there were only two countries in the whole of the e.u. where they improved new car registrations, one was the u.k. although the wider economy is fairly weak. and with bond yields heading toward the u.s. session later, gild lower. and it is worth pointing out that there was a syndicated $6 billion 15-year issue. they're looking to raise $3 billion to $5 billion. italy nearly raised 10% of required funding for the year. they're frontloading debt kwa t requirements as they should over the first couple of weeks. that's where we stand in europe. back to you. >> a 50-year issue. holy smokes. thank you. >> 15 -- >> 15? oh, i misheard. that was the italians, right. >> 15. >> got it. >> yeah. >> thank you. >>> coming up, the state of the financial -- see, i'm glad i asked. the industry's leading trade group joins us to talk profits, regulation, and a whole lot more next. >>> first, heading to break, look at yesterday's winners&losers. ♪ [ male announcer ] don't just reject