Once-admired auto executive Carlos Ghosn’s fall from grace deepened Thursday when directors of Nissan Motor Co. voted unanimously to fire the recently jailed businessman from his post as board chairman. Dismissed along with Ghosn was another director, Greg Kelly, whom the board accused of working with Ghosn to understate their …
Once-admired auto executive Carlos Ghosn’s fall from grace deepened Thursday when directors of Nissan Motor Co. voted unanimously to fire the recently jailed businessman from his post as board chairman. Dismissed along with Ghosn was another director, Greg Kelly, whom the board accused of working with Ghosn to understate their …
Lebanon is marking 75 years of independence with a military parade Thursday in Beirut, but many anxious Lebanese feel they have little to celebrate: the country’s corruption-plagued economy is dangerously close to collapse and political bickering over shares in a new Cabinet is threatening to scuttle pledges worth $11 billion …
Nissan Motor Co will hold a board meeting on Thursday to oust Chairman Carlos Ghosn after the shock arrest of its once-revered leader, starting what could be a long period of uncertainty in its 19-year alliance with Renault. The Franco-Japanese alliance, enlarged in 2016 to include Japan’s Mitsubishi Motors, has …
Nissan Motor Co will hold a board meeting on Thursday to oust Chairman Carlos Ghosn after the shock arrest of its once-revered leader, starting what could be a long period of uncertainty in its 19-year alliance with Renault. The Franco-Japanese alliance, enlarged in 2016 to include Japan’s Mitsubishi Motors, has …
Canada will allow businesses to write off additional capital investments to make them more competitive at a time when the United States is aggressively cutting taxes, Finance Minister Bill Morneau said Wednesday. But Morneau, speaking as he unveiled a budget update that forecast a slightly smaller than predicted deficit for 2018-19, said Ottawa would …
Canada will allow businesses to write off additional capital investments to make them more competitive at a time when the United States is aggressively cutting taxes, Finance Minister Bill Morneau said Wednesday. But Morneau, speaking as he unveiled a budget update that forecast a slightly smaller than predicted deficit for 2018-19, said Ottawa would …
The Trump administration has invited the heads of Volkswagen, BMW and Daimler to the White House to discuss U.S. tariffs on carmakers, the Handelsblatt newspaper reported on Wednesday. Citing industry and diplomatic sources, the paper said the meeting could possibly take place as soon as next week, depending on circumstances. …
The Trump administration has invited the heads of Volkswagen, BMW and Daimler to the White House to discuss U.S. tariffs on carmakers, the Handelsblatt newspaper reported on Wednesday. Citing industry and diplomatic sources, the paper said the meeting could possibly take place as soon as next week, depending on circumstances. …
The Trump administration on Tuesday said that China has failed to alter its “unfair” practices at the heart of the U.S.-China trade conflict, adding to tensions ahead of a high-stakes meeting later this month between U.S. President Donald Trump and Chinese President Xi Jinping. The findings were issued in an …
The Trump administration on Tuesday said that China has failed to alter its “unfair” practices at the heart of the U.S.-China trade conflict, adding to tensions ahead of a high-stakes meeting later this month between U.S. President Donald Trump and Chinese President Xi Jinping. The findings were issued in an …
Stocks dropped again Tuesday as losses mounted for the world’s largest technology companies. Retailers also fell, and energy companies plunged with oil prices as the market sank back into the red for the year. Oil prices tumbled another 6.6 percent as Wall Street reacted to rising oil supplies and …
Stocks dropped again Tuesday as losses mounted for the world’s largest technology companies. Retailers also fell, and energy companies plunged with oil prices as the market sank back into the red for the year. Oil prices tumbled another 6.6 percent as Wall Street reacted to rising oil supplies and …
Analysts say Boeing Co. is canceling a conference call that it scheduled to discuss issues around its newest plane, which has come under scrutiny since a deadly crash in Indonesia. The company didn’t immediately give an explanation Tuesday. CFRA Research analyst Jim Corridore said canceling the call as “a bad look for the company” when it’s facing …
Analysts say Boeing Co. is canceling a conference call that it scheduled to discuss issues around its newest plane, which has come under scrutiny since a deadly crash in Indonesia. The company didn’t immediately give an explanation Tuesday. CFRA Research analyst Jim Corridore said canceling the call as “a bad look for the company” when it’s facing …
Shares in automakers Nissan, Mitsubishi and Renault fell sharply Tuesday after the arrest of executive Carlos Ghosn on allegations of “significant acts” of financial misconduct. All three firms are considering replacing him as chairman. Nissan, one of the world’s biggest automakers, said Ghosn falsified reports about his compensation “over many …
Shares in automakers Nissan, Mitsubishi and Renault fell sharply Tuesday after the arrest of executive Carlos Ghosn on allegations of “significant acts” of financial misconduct. All three firms are considering replacing him as chairman. Nissan, one of the world’s biggest automakers, said Ghosn falsified reports about his compensation “over many …
World stock markets fell Monday as worries about softening demand for the iPhone dragged down shares of Apple Inc and persistent trade tensions between China and the United States sapped investor sentiment. Concerns about slowing economic growth also pushed down the dollar. The U.S. benchmark S&P 500 stock index dropped …
World stock markets fell Monday as worries about softening demand for the iPhone dragged down shares of Apple Inc and persistent trade tensions between China and the United States sapped investor sentiment. Concerns about slowing economic growth also pushed down the dollar. The U.S. benchmark S&P 500 stock index dropped …
A new United Nations survey finds that opium cultivation in Afghanistan has decreased by 20 percent in 2018 compared to the previous year, citing a severe drought and falling prices of dry opium at the national level. The total opium-poppy cultivation area decreased to 263,000 hectares, from 328,000 hectares estimated …
A new United Nations survey finds that opium cultivation in Afghanistan has decreased by 20 percent in 2018 compared to the previous year, citing a severe drought and falling prices of dry opium at the national level. The total opium-poppy cultivation area decreased to 263,000 hectares, from 328,000 hectares estimated …
Japanese automaker Nissan says it has determined that its chairman, Carlos Ghosn, falsified reports about his compensation “over many years.” The company said its internal investigation also found Ghosn had used company assets for personal purposes. Japanese media are reporting Monday that Ghosn is being questioned by Tokyo prosecutors on …
The United States and China offered competing views to regional leaders at the Asia Pacific Economic Cooperation (APEC) meetings in Papua New Guinea, trading sharp words over trade, investment, and regional security. Washington said it can provide a better option for regional allies under is “Free and Open Indo-Pacific” strategy. …
The United States and China offered competing views to regional leaders at the Asia Pacific Economic Cooperation (APEC) meetings in Papua New Guinea, trading sharp words over trade, investment, and regional security. Washington said it can provide a better option for regional allies under is “Free and Open Indo-Pacific” strategy. …
Federal Reserve policymakers on Friday signaled further interest rate increases ahead, but raised relatively muted concerns over a potential global slowdown that has markets betting heavily that the Fed’s rate hike cycle will soon peter out. The widening chasm between market expectations and the rate path the Fed laid out …
Federal Reserve policymakers on Friday signaled further interest rate increases ahead, but raised relatively muted concerns over a potential global slowdown that has markets betting heavily that the Fed’s rate hike cycle will soon peter out. The widening chasm between market expectations and the rate path the Fed laid out …