00:00Hello and welcome to Gulf News Daily Business Wrap-Up.
00:05Finally, Carlos Ghosn has resigned as Renault's chairman and chief executive officer from
00:13the jail.
00:14Yes, he has been languishing in jail for the past two months.
00:17The French government, Renault's bigger shareholder, will name the new chairman and chief executive
00:23officer.
00:24They are going to name Michelin boss Jean-Dominique Sennard as chairman and Ghosn deputy Thierry
00:30Ballot as the chief executive.
00:32China and the United States will have detailed and in-depth conversations about economic
00:37and trade issues.
00:38The Chinese Vice Premier Liu He has said ahead of his discussions with U.S. counterparts
00:46on January 30th and 31st.
00:49Liu He has denied earlier reports that the summit was cancelled by the U.S. administration
00:56and said they are in touch with the U.S. administration for talks on economic and trade issues.
