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Home2018December

Month: December 2018

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Business News

Nissan’s Kelly set for release as Tokyo court rejects prosecutors plea

December 25, 2018 admin Comments Off on Nissan’s Kelly set for release as Tokyo court rejects prosecutors plea

Former Nissan Motor Co Representative Director Greg Kelly was set to be released after more than a month in detention on Tuesday, when a Tokyo court rejected prosecutors’ request to hold the American executive.

…read more […]

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Business News

Nissan’s Kelly released after month’s detention in Tokyo

December 25, 2018 admin Comments Off on Nissan’s Kelly released after month’s detention in Tokyo

Former Nissan Motor Co Representative Director Greg Kelly was released late on Tuesday after more than a month in detention over financial-misconduct charges, as a Tokyo court rejected prosecutors’ request to hold the American executive.

…read more […]

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Business News

Russia’s energy minister sees oil prices stabilizing in first-half 2019

December 25, 2018 admin Comments Off on Russia’s energy minister sees oil prices stabilizing in first-half 2019

Russian Energy Minister Alexander Novak said on Tuesday that oil prices, which fell by more than a third this quarter, would become more stable in the first half of 2019.

…read more […]

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Tokyo court OKs release of Nissan’s Kelly, rejecting prosecutors’ appeal

December 25, 2018 admin Comments Off on Tokyo court OKs release of Nissan’s Kelly, rejecting prosecutors’ appeal

Former Nissan Motor Co Representative Director Greg Kelly was set to be released after more than a month in detention after a Tokyo court late on Tuesday rejected prosecutors’ request to hold the American executive.

…read more […]

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Intel to get 700 million shekel grant for Israel expansion

December 25, 2018 admin Comments Off on Intel to get 700 million shekel grant for Israel expansion

Israel will give Intel Corp a 700 million shekel ($185 million) grant in return for a planned $5 billion expansion of its production operations in Israel.

…read more […]

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Nissan’s Kelly granted bail by Tokyo court; Christmas release possible

December 25, 2018 admin Comments Off on Nissan’s Kelly granted bail by Tokyo court; Christmas release possible

Former Nissan Motor Representative Director Greg Kelly was granted bail by a Tokyo court on Tuesday, raising the possibility he could be freed before Christmas was over, although Carlos Ghosn, the automaker’s ousted chairman, remains in custody.

…read more […]

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Talks to get Russian automaker GAZ off U.S. sanctions list ongoing: Siluanov

December 25, 2018 admin Comments Off on Talks to get Russian automaker GAZ off U.S. sanctions list ongoing: Siluanov

Talks aimed at lifting U.S. sanctions on Russian automaker GAZ are ongoing with the U.S. Treasury Department, and the company is implementing internal measures to encourage the process, Russian Finance Minister Anton Siluanov said.

…read more […]

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Nissan’s Kelly granted bail by Tokyo court

December 25, 2018 admin Comments Off on Nissan’s Kelly granted bail by Tokyo court

Former Nissan Motor Co Representative Director Greg Kelly was granted bail by the Tokyo District Court on Tuesday, the court said, raising the prospect he could be freed before the end of Christmas day.

…read more […]

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Nissan’s Kelly granted bail by Tokyo court: media

December 25, 2018 admin Comments Off on Nissan’s Kelly granted bail by Tokyo court: media

Former Nissan Motor Co Representative Director Greg Kelly was granted bail by the Tokyo District Court on Tuesday, Japanese media reported, at 70 million yen ($635,612).

…read more […]

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Guyana, Exxon in talks after Venezuela dispute halts marine survey

December 25, 2018 admin Comments Off on Guyana, Exxon in talks after Venezuela dispute halts marine survey

Guyana’s government is “in discussion” with Exxon Mobil after two ships searching for oil off the South American country’s coast halted work following a weekend confrontation with Venezuela’s navy, Guyana’s foreign minister said on Monday.

…read more […]

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Trump calls Fed ‘only problem’ in U.S. economy; markets slump

December 25, 2018 admin Comments Off on Trump calls Fed ‘only problem’ in U.S. economy; markets slump

President Donald Trump blasted the Federal Reserve on Monday, describing it as the “only problem” for the U.S. economy, as top officials convened to discuss the growing rout in stock markets caused in part by the president’s attacks on the central bank.

…read more […]

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Rate futures market says Fed is all but done with hikes

December 24, 2018 admin Comments Off on Rate futures market says Fed is all but done with hikes

The Federal Reserve is finished raising U.S. interest rates.

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Wall Street selloff worsens on Mnuchin move, Washington drama

December 24, 2018 admin Comments Off on Wall Street selloff worsens on Mnuchin move, Washington drama

The S&P 500 tumbled to the brink of a bear market on Monday as U.S. stocks extended their steep sell-off in a pre-holiday shortened session, with investors rattled by the U.S. Treasury secretary’s convening of a crisis group and by other political developments.

…read more […]

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Oil plunges 6 percent as economic slowdown fears grip market

December 24, 2018 admin Comments Off on Oil plunges 6 percent as economic slowdown fears grip market

Oil prices plunged more than 6 percent to the lowest in more than a year on Monday, pulling back sharply late in the session as fears of an economic slowdown rattled the market.

…read more […]

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Markets not merry as stock losses extend into eighth day

December 24, 2018 admin Comments Off on Markets not merry as stock losses extend into eighth day

A gauge of stocks worldwide posted an eighth straight decline on Monday as investors ignored Trump administration attempts to reinforce confidence and the U.S. president called the Federal Reserve the “only problem our economy has.”

…read more […]

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