For your thoughts thank you fox wagon and ford will join forces as they develop new technologies the two companies are set to unveil details of a deeper alliance at the detroit motor show next week sources close to that has been say the carmakers are hoping to fend of rivals in electric autonomy driving among them software companies like google another reason for working together the continuing trade for each of us between the united states the european union and china by going forward have said in the past that any alliance would not involve a merger. for more on the story let s bring in early bards our correspondent at the frankfurt stock exchange only what are they getting out of this. well they re getting out of this the ability to pool their resources and make a go of it with more research and development capacity firing power if you will
Models at the detroit motor show but behind the scenes it s business as usual and numbers crunching ford has lowered its earnings expectations for this year based on higher commodity prices and currency effects chest traded weaker following the announcement meanwhile rival g.m. is sticking to their expectations but announces a seven million dollar write off related to president on a trans tax plan which decreases the value of existing tax credits. for tax havens are on the e.u. s agenda today the block is preparing to remove several countries from its recently published a blacklist of tax havens seventeen countries were named in the list published in december and many of them were small islands in the caribbean and in the pacific eight countries are now expected to be removed from the list next week after making new commitments that s what the e.u. is saying they include south korea one of the world s largest economies the united
Step at a time thank you very much the phenomenon at the detroit motor show for the insight cambodia and china have signed deals worth billions that will mainly improve cambodia s infrastructure of the chinese are already building hundreds of projects and coastal areas and they re not welcome by everyone. they have big plans here up to ten thousand factories are supposed to be built and the province of see how that s according to a master plan laid out by the company government construction has already started with investments from china the region could become one of us most important economic centers the whole project is inspired by the industrial zones in thailand s eastern economic corridor. for the future it s a good thing a lot of investment is coming in a lot of knowledge a lot of jobs and a lot of tourists growing numbers of chinese visitors have to convert the nearby
Step at a time thank you very much the phenomenon at the detroit motor show for the insight . cambodia and china have signed deals worth billions that will mainly improve cambodia s infrastructure of the chinese are already building hundreds of projects and coastal areas supply and laid out by the combo government construction has already started with investments from china the region could become one of most important economic centers the whole project is inspired by the industrial zones in thailand s eastern economic corridor. for the future it s a good seeing a lot of investment is coming in a lot of knowledge a lot of shops and a lot of tourists growing numbers of chinese visitors have to scupper at the nearby beaches also very popular casinos new ones seem to open up at every corner.
To tell her story anymore in december nasser was jailed for sixty years for possessing child sex abuse images and will be sentenced this week over two cases in which he admits to assaulting female gymnasts more than one hundred thirty women have filed civil lawsuits against him alleging abuse. and is here now with business and ben what is new at the detroit motor show well it s not so much as what s new but what s missing at the detroit motor show because manufacturers are rolling out their latest creations minus the steering wheel analysts say the future he is here regulators say ok a flea and responsibly review what s on offer that makes me question whether the tech is getting ahead of itself. it may not look like it but this could be the vision of the car industry future it s a so-called line our system and creates a real time thirty minutes of anything it s aimed at it allows cars fitted with the system to cut out the middleman and take care of the driving themselves. with car