No Picture
Business News

Detained ex-Nissan chairman Ghosn offers stock, passports for bail

Ousted Nissan Motor Co chairman Carlos Ghosn has offered to post stock he owns in the automaker as collateral, surrender his passports and submit to electronic tracking as part of a renewed effort to persuade a Tokyo court to grant him bail while he awaits trial on charges of financial misconduct, a spokeswoman for the car executive said.

…read more […]

No Picture
Business News

Berkshire’s lithium venture may supply U.S. automakers, including Tesla: FT

Warren Buffett’s Berkshire Hathaway Inc has signed an agreement to allow extraction of lithium from its geothermal wells in California, a project that could offer U.S. carmakers and battery producers a secure supply of the metal, the Financial Times reported on Sunday.

…read more […]