in other news, the president-elect has named robert litan hyper as his u.s. trade representative kirk he also served as the deputy under ronald reagan where he played a major role in developing trade twocy and negotiating some dozen bilateral international agreements on everything from steel to grain. rates and arrests across turkey as the manhunt continues for the prime suspect in the istanbul nightclub attack that left 39 people dead. two foreign nationals have been detained at istanbul's airport over that attack. syria -- a four-day cease-fire is under threat as government troops that of attacks near damascus. riot indiest prison brazil in over 20 years -- dozens were killed and that fighting between rival drug gangs. decapitated bodies were thrown over prison walls. time now for the business update with stephen carroll. you will start in france with the future of the shipyard that built the biggest cruise liner in the world. >> more than 120 ships have been built at the shipyard on the west of france. its owners have filed for bankruptcy. it had been look

donald trump has signaled a tougher line on china naming robert litan heiser as head of the trade officel replace michael from an. a mantra opposes that and nafta saying they undermine american jobs. a bank run by donald trump's pick for treasury may having gauged in misconduct involving homeowners. for one west calls to be sued over allegations including backdating documents to accelerate foreclosures and manipulating the results of home options. u.s. factories saw a pickup in december with manufacturing rising of the most in two years. it rose for a fourth straight month topping estimates with 54.7. improve business confidence which pushed companies to take on staff at the fastest pace since 2015. donald trump is claiming another victory with ford scrapping a plant in mexico. they will spend some of the $1.6 billion saved in michigan. ford shares jumped on the news. >> we see a more positive u.s. manufacturing business environment under donald trump. we see the progrowth policies he is outlining. this is a vote of confidence that he can deliver on those things. day.obal news 24 hours a

robert litan heiser, u.s.y radical of the currency policies in china. he said that china is more protectionist than any other country. then there is rex tillerson who has made those very interesting comments that they would not allow china to access the island that they are reclaiming in the south china sea. sherry: that issue and the one china policy in taiwan, that is something that china is not compromising. where do they draw the line with trump? >> they are seeking economic cooperation. that has been the bedrock of this relationship over the past couple of decades. stephen: economic gain for china really. trump argued that we have been economically robbed. china says that on the geopolitical front, the one china policy and also the china sea, these are defining, cour interests. -- core interests. on the one hand, we like economic cooperation-- but democracy is dead they say. we're been hearing this for a long time. democracy has reached its limit. they have been saying that for years. sherry: they are ver