south korea's transport ministry wants prosecutors to investigate german car maker b.m.w. it says it has evidence the john took its time to form authorities of a forty car engine b.m.w. known b.m.w. said it recognise a correlation between the defect in the exhaust and the fire in its vehicles only on july twenty twenty eighteen there but the company's headquarters formed a task force in october twenty fifteen to resolve the problem of the fort and embark on measures to minimize the risk of fire including changing the vehicle designs from sun to one you took more than forty cases of fire involving b.m.w. cars were reported in south korea where the carmaker has now record more than one hundred seventy thousand vehicles by october b.m.w. had record another more than one million vehicles due to the same problem in europe and some asian countries including south career where its sales were down ten percent on the year by the end of november. it's a billion dollar market and steadily growing each year artificial christmas trees are becoming more and more popular and the united s

worries than just the fine it now faces a criminal investigation in south korea south korea's transport ministry wants prosecutors to investigate german car maker b.m.w. it says it has evidence the auto giant took its time to form authorities of a forty car engine b.m.w. b.m.w. said it recognize the correlation between the defect in the exhaust and the fire on its vehicles only on july twenty twenty eighteen but the company's headquarters formed a task force in oct twenty fifteen to resolve the problem of the fort and mbox on measures to minimize the risk of fire including changing the vehicle design from sun to one you took more than forty cases of fire involving b.m.w. cars were reported in south korea where the carmaker has now record more than one hundred seventy thousand vehicles by october b.m.w. had record another more than one million vehicles due to the same problem in europe and some asian countries including south career where its sales were down ten percent on the year by the end of november. well of the christmas holidays merry upon us many people are reminded of the virtues of givi

hundred seventy two thousand vehicles and issued an apology earlier this year south korea's transport ministry says they did not act fast enough. germany's food industry has agreed to drastically cut the amount of sugar salt and fat and process over the next few years the decision was welcomed by public health advocates but some are worried it will affect the rich flavor and cuisine dominic and apart from berlin. christmas in germany means markets with mulled wine and many different things to eat is a good. thing perhaps a part forced is the order of the day or maybe something sweeter in any event for these people the emphasis is on enjoying the rich flavor of german food. for you german food is great you can't eat it every day but it's christmas so why not just as somebody say office you know and you know there's a lot of variety in german cuisine you can eat healthily or unhealthily but you have a lot to choose from the you have much more standards for your food then than we do in america so i'd say in you're more focused on healthier healthier things out there and yet clearly the government

one hundred seventy two thousand models and issued an apology earlier this year south korea's transport ministry says they didn't act fast enough. after thirty seven years nigeria's parliament has finally approved a billion dollars to go to rescuing one of africa's biggest steel plants the approval came after an exclusive al-jazeera report on how corruption was blocking the company's revival and interests as revisited the steel company. dusty he hangs over one of africa's biggest seeded brands as an eagle flies overhead surveying the scene below. for more than three decades i don't just forty one plans that include steel electricity cement and footless appliance i've been idle despite the soviet era mattress a little being ninety five percent complete but change appears to be finally on the way we've tried to put the governance structure of the structure in place it compact on my efficient structure to enable us carry out our responsibilities and what we're sure we're doing is to ensure that there is a video of the dryer on a monthly bill the parliament has pushed legislation through to fund its

one hundred seventy two thousand models and issued an apology earlier this year south korea's transport ministry says they didn't act fast enough for the democratic republic of congo is gearing up for a long day of lady elections to replace president kabila and one of the most powerful players calling for changes the catholic church welcome word has more friends. in kinshasa. in the democratic republic of congo the catholic church has clout. nearly half of congress eighty million people go through its church services like this one in the capital kinshasa when president joseph kabila didn't step down at the end of his second and final constitutional mandate the church stood up journalist sean bell i was one of the key coordinators of the protests for democracy which eventually led to an election being called for sunday two years late. three days ago it was postponed again until next week and. until today we are aware of strategies to not organize elections we are not surprised that we don't have elections even though there was enough time we were informed about the perspire moment of elections un

than one hundred seventy thousand models and issued an apology earlier this year south korea's transport ministry though says they didn't act fast enough. the democratic republic of congo is gearing up for long delayed elections to replace president joseph kabila one of the most powerful players cooling for a change has been the catholic church but where has more now from st joe's this in kinshasa. in the democratic republic of congo the catholic church has clout. nearly half of congress eighty million people go through its church services like this one in the capital kinshasa and president joseph kabila didn't step down at the end of his second and final constitutional mandate the church stood up journalist john bell i was one of the key coordinators of the protests for democracy which eventually led to an election being called for sunday two years late three days ago it was postponed again until next week and some. until today we are aware of strategies to not organize elections we are not surprised that we don't have elections even though there was enough time we were informed about the perspi

the transport ministry says the carmaker to the really tried to cover up technical issues.mw's korea branch has apologized and said it will cooperate with ongoing investigations. that's your bloomberg business flash. matt: thanks so much. merry christmas. as we head towards the end of the year, bloomberg intelligence analysts give us their take on the biggest themes that will dominate markets in 2019. today is china's economy. >> i think china shipping is the story of 2019. i think things can be negative for shipping. gold, --t's iron or >> a looming chinese consumption slowdown but how much of a slowdown? potentially, look into macau's business in the future, there should be some growth they're given there is a vast market segment growing up in ramping. >> metal demand would be impacted by the economic slowdown of china and more than 50% of metal demand is coming from there. we think the demand slow down would be coming from the early cycle metals and then move on to the late cycle commodities such as copper and aluminum. we think luxury profits will slow in 2019. we expec

hundred seventy two thousand vehicles and issued an apology earlier this year south korea's transport ministry says they didn't act fast enough to respond industry has agreed to drastically cut the amount of sugar salt and fat in processed foods over the next few years that decision was welcomed by health advocates but some are worried it will affect the rich flavor and the german cuisine came reports from berlin. christmas in germany means markets with mulled wine and many different things to eat is a good. thing perhaps a part forced is the order of the day or maybe something sweeter in any event for these people the emphasis is on enjoying the rich flavor of german food. for you german food is great you can't eat it every day but it's christmas so why not just as santa is c.f.s. you know and there's a lot of variety in german cuisine you can eat healthily or unhealthily but you have a lot to choose from the you of a much more standards for your food then than we do in america so i'd say in you're more focused on healthier wealthier things out there and yet clearly the government is worried

the transport ministry says the carmaker deliberately tried to issues andchnical move slowly after aboutrlier this year. branch has apologized and said it will cooperate with an investigation. jd.com has avoided the biggest crisis in its history as u.s. prosecutors decided not to found court charged the founder with rate. and costocal headlines -- cast doubt over the retailer. nejra: does the humphrey in dubai, thank you so much. with a few trading days left, it looks to be the bleakest year in a decade for european equities. all 19 industry groups in the fallen, thedex has first time it's happened since the financial crisis. what can we expect in 2019? katherine davidson from david duffy -- from schroder investment management is with us. lovel investors have and european equities. is the picture likely to change in 2019? i think the interesting thing is just how attractive valuations have gotten in the european market. them at five-year lows. unlike the u.s. for the earning investment is ill relatively seeing low you are expectations with very little earnings growth. we are fishing for

but it does tell more competition for taxi drivers coming in the future especially with the ministry of transport starting to support to come back into the german market just in bits and sunset thank you so much. fox facking is looking to build an alliance with the u.s. carmaker ford that's according to fox. executives from v.w. b.m.w. and mercedes net worth a dollar to trump and to use up ministration of the white house on tuesday to discuss trades german companies are hoping to get out of a twenty five percent tariff threatened by trump as a way to strengthen the mystic car industry u.w. is also considering building a second car plant the other two companies have also announced major investments. the u.s. market is exceedingly important for german car makers b.m.w. mercedes and v.w. although the market as a whole issuing king the german share of it is growing that means jobs in their three u.s. plants the companies directly provide employment for over thirty six thousand workers they make just over eight hundred thousand cars a year the u.s. side in the talks will certainly be interested in the

so if our colleague of the ministry of transport or the ministry of economy would negotiate between themselves, then we'll implement the project. yes, nature, yes, modern people, that's great, let's to that. we'll move on to gas. we are not running out of gas. we have greatest oil -- gas reserves in the world. we have 67 trillion of cubic meters of gas. >> translator: mr. president, thank you very much for this opportunity to ask a question. the head editor of the society and ecology, and i've been publishing this for some 19 years in st. petersburg, and next year we will mark 20 years since the establishment of our newspaper. it's a small publication but a sustainable one. yes, we'll celebrate that. i would like to invite you to st. petersburg to take part in the round table dedicated to the strategy of development of russia which is timed to coincide with our 20th anniversary, and my question is while protecting the rivers, the forests, i would like to highlight that at the russian media forum on the 23rd of april you have tasked your people to talk to you about this dangerous object that wo

laughter ..to comment on the allocation of public expenditures between the ministry of defence, transportments. on the last part of his question, i think it is right to go ahead with this project. it is expensive, but the phase one funding has not increased since the spending review settlement in 2015. phase one is scheduled across £27.18 billion 2015 prices. and we have determined to keep it within the cost estimate. a labour former transport secretary joined the debate. in respect of hs2 and hs3, my lord, it is vitally important that we improve intercity connectivity between london, the midlands and the north. it is also vitally important that we improve connectivity between the northern cities. and, my lord, we should not have to choose between them. so would the noble lord agree that the right thing to do is to proceed with hs2 and hs3? and if we weren't having to spend £39 billion on brexit then we could do both very comfortably? hear, hear! my lord, you don't see one transport secretary for a long time and then two come along at once. laughter. the noble lord is right. hsz will dire

routine, a new cabinet, a trained one, a cabinet with democrats, min fer ster of transport, minister of industry and ministry of wars. we submit -- we want to give them more time to in fact deliver. mr. chairman, members of the committee, we also note there has been a very unambiguous stance taken by the president of zimbabwe to rejoin the international committee. that is very clear and unambiguous. we note the shift in leadership from zimbabwe for politics, speech to economic engagement and economic progress. we have noted that vision, 2030 with very clear timelines and targets. to get zimbabwe to become class economy by 2030. subsequent to that vision, mr. chairman, the minister of finance has articulated a stabilization plan, the tsb which gives very clear guidelines how zimbabwe will relate to today to the desired destination and subsequent to that, the 22nd of november, the minister of finance has put together a budget that has been dubbed austerity for posterity, which is also showing very aggressive targets in terms of fiscal balance. mr. chairman, we have observed from the private sector a desire by

several government departments, including the ministry of defence, justice and transport, are involved police. let's speak to colonel richard kemp — who's a former commander with the british army. good to have you with us. the government says a range of measures are being used at gatwick this morning to allow us to operate, including some which are military measures. can you give us including some which are military measures. can you give us an including some which are military measures. can you give us an insight please into what they might be? clearly, the key things in a situation like this are twofold. first of all to be able to identify and detect the drone and preferably its operators, but certainly the drone or drones. and secondly, to have the capability of stopping it. bringing it down to the ground and stopping it continuing to be a threat. those things are electronic capabilities that have existed for a long time. as we have seen today when gatwick has been reopened, the capability of dealing with this has been there all along. when we hear the phrase additional mitigating m

the ministry of transport said this was an accident, a collision took place but especially the relativesit vigils across new zealand yesterday to remember murdered british backpacker grace millane. the 22—year—old was found dead more than a week after she was reported missing from a hostel in auckland. friends and family also gathered in her home town of wickford in essex to pay tribute to her. a 26—year—old man will appear in court next month charged with her murder. albert square has been the centre of a lot of drama over the years, but now there's outrage about how much a redevelopment of the set is costing. the bbc has been criticised by the national audit office for a £27 million overspend on the project, which is also likely to be completed two years late. the original set was built in 1984 and has now been deemed unfit for purpose. the bbc says it's had delays with procurement and negotiating contracts. the time is ten minutes past eight. it's been the most challenging 24 hours of theresa may's political life, but last night she fought off a no—confidence vote from her own party.

transported back to the hospital where he died shortly after midnight. guatemalan officials say the boy and his fath tered the u.s.at el paso, texas last week. the foreign ministry is asking for a clear vestigation. so are a number of u.s. lawmakers. a democratic senator tweeted the trump administration needs to be held accountable for this child's death. texas congresswoman sheila says this shocks of the commons. seven-year-old call died december eight from extreme dehydration after she and her father crossed the border illegally. her body was returned to her remote guatemalan village on monday where her family repaired for her christmas day ariel. her death already prompted a homeland security investigation. kiersten testified on capitol hill last week and faced critical questions from lawmakers about how migrants are treated in u.s. custody. >> i am talking about people that have died in your custody, you do not have the number? >> i will get back to you with the number. >>th a independent and thorough review of the boy's death. natalie, cbs news, capitol hill. >>> in s annual christmas message, pope francis talked about syria, the ukraine, and the peninsula.