rent: he was --brent: ferdinand piech has died at the age of 82. he is credited with reviving the w's -- a vw's fortunes, but questions remain about his involvement in the emissions scandal. >> piech discovered his passion for cars and technology at an early age. he studied mechanical engineering and after climbing the corporate ladder became ceo of the vw group, which w then near insolvent. he transformed the company. >> there are always winners and losers. with our partners, which vw has across the whole world, i intend to be the winner. >> within a few years, vw was again making a profit. that laid the cornerstone for his reputation as a visionary car executive. when vw acquired for sure, -- p orsche, piech was already group german. in 2015, he found himself in a power struggle with vw's then ceo. was a suggle he lost, and he resned, andbrupt end to a storied career. brent: now to politics in soccer, the eastern german state of saxony is preparing for important regional elections this weekend, and it looks likely the anti-migrant anti-muslim afd

piech was a grandson of ferdinand porsche, the father of the iconic volkswagen beetle. by a customer over the grounding of the 737 max jets. russian leasing company avia claims the planemaker was negligent in the two fatal crashes and withheld critical information from us regulators. avia ordered 35jets and now wants that cancelled and is seeking $115 million in damages. apple chief executive tim cook has donated $4.9 million to charity — and the company said it is giving an unspecified amount to help restore the amazon rainforest. mr cook tweeted that the tech giant wants to preserve the biodiversity of the indespensible forest. it's estimated tim cook's wealth is about $675 million. that's it for the business briefing this hour — but before we go, a quick look at the markets. asia is trading higher as there's a cautious optimism that the us and china will head be to the negotiating table — and perhaps get closer to a solution to that trade war. we've seen a lot of ups and downs in recent days as investors react to president trump's changing tone on china. the word ‘ca

piech was a grandson of ferdinand porsche, the father of the iconic volkswagen beetle. and india's prime this minister narendra modi had weighty matters to discuss. not least, the trade deficit between the two countries. india pledged to boost imports of american—made goods. let's take you live to delhi, our correspondent nitin srivastava is there for us. it is interesting, the meeting yesterday, lots for them to talk about it. president trump only interested in trade. yes, it is a significant move for both countries, despite india and the us being prominent trade partners, there has been a strain in the recent past about economics and trade. president trump has repeatedly said and asked india to withdraw high tariffs on us goods. so, this move and after this now, they plan to have a trade minister level meeting before the indian premier mr‘s likely visit to the us next month. a significant move and the backdrop is there is a trade imbalance as the us says because india exports much more to the us thanit india exports much more to the us than it imports from the us and

thedinand piech was grandson of another auto pioneer, ferdinand porsche, becoming vw chief executive his watch, the automaker raised their build quality and eventually brought porsche into their wide-ranging stable of brands. piech died age 82. that is your bloomberg business flash. manus: thank you for the roundup. one of our lead stories this morning on the italian government bond market. yields dropping. the five-star movement and the democratic party are seen as close to a deal, forming a new government, keeping giuseppe conte as prime minister. theing us now from italy, acting rome bureau chief. good to have you with nejra and myself. will there be a new coalition? is it just a matter of getting across the line? >> yes. yes. it seems we are almost there. of course, there was a lot of uncertainty because the democrats and five-star were go sworncouple weeks a enemies. said they were the anti-democrat party part,y, but thelikely tie-up, risk of special elections and a government led by matteo salvini with cautiousis, optimism of a government in the next few days. nejra: i guess if