the forty nine year old swede represents a new generation of the top of dime luck but dieter zetsche it may still keep a hand on the wheel he hopes to head the supervisory board after a two year waiting period. you're watching t w news live from back at the top of the hour with more world news followed by the day to see if. we make up of what we watch as afaik and that's because we are the same the services. they want to shape the continent's future it's part of it enjoying our youngsters as they share their stories their dreams and their challenges and the seventy seven percent platform for africa.

the forty nine year old swede represents a new generation of the top of dime luck but dieter zetsche at may still keep a hand on the wheel he hopes to head the supervisory board after a two year waiting period. so fresh blood diamond spoke to christiane stop is a professor a sort of management of the war of business school we asked him why dima thoughts and change at the top was now necessary but i think. that also holds for the other car companies little bit less worried about the competition to know you know the words the other car companies what they're really worried about is google apple some of those companies that provide software solutions the mapping services that power a lot of mobility and they don't want to find themselves in a situation like computer manufacturers in one thousand ninety's was suddenly microsoft was eating their lunch and they've done things you have example as a partnership between b.m.w. audi and dinah we had a quiet here and mapping service that seems to work quite well to get up to speed in the space when it's the earth that's it from the business tea

dieter zetsche it has come under fire from regulators over diesel emissions. offering incentives asking for volunteers. the company is trying to get electric cars out the door. online polling company surveymonkey raised $180 million and an outside ipo. the market above price range. they are still losing money. in the past two years, then began partnering with companies such as google and microsoft. that is your bloomberg business flash. david: we are back at the global business forum where trade tensions are high on the agenda. someoney we spoke with who said he saw this coming. >> we are taking the view 10 years ago that the world would de-globalize. we need to be ready for a world that is more local. this is what politicians are pushing for. ceod: that was the danone talking about the food industry. with angel gurria, the oecd secretary-general. danone heard from the ceo. have we seen the high watermark of globalization? no way. it will continue, it will get stronger, it will accelerate. intoe going to move greater integration. if you are a chief executive,

he is swedish and serves addr ss daimler's head dieter zetsche will now become chairman. >>> bookal isxpected to tell congress it has made mistakes in dealing with your privacy. that's according to prepared testimony from the privacy chief. he will appear before the senate commerce committee today google will be joined by at&t, amazon and apple, all in today's hearing. >>> sticking with technology, salesforce ceo mark bc benioff sounding off on facebook this is what he told jim cramer last night >> we have given a huge amount of our power to so many technology companies, that's why there's a discussion in washington, d.c. about regulation should they be regulated not just facebook, but every company? you know i called for the regulation of facebook, i said they lost my trust because of how they handled their privacy scandal. they are in a crisis of trust. facebook is still in that crisis of trust, so you see those actions by customers, consumers and executives they can change. every company can change they're not the only company going through a crisis of trust. but our industry needs

the forty nine year old swede represents a new generation at the top of dime alert but dieter zetsche it may still keep a hand on the wheel he hopes to head the supervisory board after a two year waiting period after a summer of strikes a partial victory for staff at europe's largest low cost airline ryanair the use labor commissioner has now made clear that ryanair employees have a right to get contracts according to the laws of their country of residence that could have implications for shift times holiday entitlements pensions and health care needs longstanding demands by the unions. europe's largest low cost carrier hires most of its staff under irish law even if they're not based in ireland that way the airline can give fewer vacation days observe shorter term anation notices and employ temps long term ryanair c.e.o. michael o'leary was in brussels on wednesday to justify his business practices to the e.u. but the response he got from the european employment commissioner will not buy into his taste. respecting the law is not something nobody which workers should have to negotiate

ola kaellenius will take over from dieter zetsche. mr. kaellenius is swedish. to be approved by shareholders. >>> the federal reserve likely to announce another rate increase later today the third in 2018. with another hike likely in december the focus will shift to the future of economic growth. joining sus davidus is david wel my apologies in advance to glenn hutchins, when we were at your fine establishment two weeks ago, i made several references to being at brookings without a proper nod >> we took care of it. >> i want to make sure we have properly -- >> you might not get invited back >> make his day. >> i like all of you, all the folks behind this. help us with this growth in your estimation, you have what might be described as the trump numbers, what are the wessel numbers? >> it sure looks like the economy is doing surprisingly well in the third quarter, better than 3% i'm not convinced that the trend rate of growth has gotten to that level but it certainly is encouraging. a lot probably has to do with the temporary jolt from the fiscal stimulus. >> if