A special committee set up by Nissan Motor Co to examine the root cause of alleged financial misconduct by ousted chairman Carlos Ghosn on Sunday said it appeared that the Japanese carmaker suffered from poor governance procedures, including director compensation.
The move to electric vehicles will make cars significantly more expensive, meaning they may become unaffordable for people on low incomes in the future, the chairman of Volkswagen said in an interview published on Sunday.
Martin Sorrell is on the lookout for acquisitions to expand his new advertising venture S4 Capital, aiming to capitalize on the disruption sweeping the industry by pursuing a pure-play digital strategy.
The State Bank of India (SBI)-led consortium of lenders is waiting for India’s capital markets regulator to decide on a bailout offer by Etihad Airways for the financially stressed Jet Airways , SBI Chairman Rajnish Kumar said, the Business Standard reported on Saturday.
Britons would back Brexit again if asked to vote in a second referendum, the head of Eurotunnel said on Sunday.
Toyota Motor Corp and Panasonic Corp are set to launch a joint venture next year to produce batteries for electric vehicles (EV) in an effort to compete with Chinese rivals, a source familiar with the matter said.
China is expected to report on Monday that economic growth cooled to its slowest in 28 years in 2018 amid weakening domestic demand and bruising U.S. tariffs, adding pressure on Beijing to roll out more support measures to avert a sharper slowdown.
A French government delegation has informed Tokyo that it would seek an integration of Renault and Nissan , most likely under the umbrella of a single holding company, the Nikkei reported on Sunday.
A European Union-wide tax on the world’s top digital companies could be reached by the end of March, French Finance Minister Bruno Le Maire said in an interview published on Sunday.
The European Union must approve the tie-up between Germany’s Siemens and French group Alstom , said French Finance Minister Bruno Le Maire, who added he would meet a main European regulator to express his support for the deal.
General Motors Co has warned employees in Brazil that new investments there depend on a painful plan to return to profit in the country, according to a memo seen by Reuters on Saturday.
U.S. President Donald Trump said on Saturday there has been progress toward a trade deal with China, but denied that he was considering lifting tariffs on Chinese imports.
U.S. President Donald Trump said on Saturday progress is being made toward a trade deal with China and denied that he was considering lifting tariffs on Chinese products.
Artificial intelligence (AI) is the future. While AI hasn’t reached futuristic science fiction levels yet, huge sums of money have flowed into developing these marvelous machines.
Despite hiccups, like Microsoft’s memorable Tay (the millennial AI bot) and Google and Stanford’s bot that cheated to complete its task, these machines could revolutionize, well, everything. And while AI might be gaining traction slowly, research firm Gartner believes it could be worth almost $4 trillion by 2022.
As you’d expect, tech giants, like Google’s parent company, Alphabet (Nasdaq: GOOGL), and IBM (NYSE: IBM) are the biggest names in AI. But there are also some companies …read more […]
Qatar’s emir will visit Beirut on Sunday for an Arab economic summit which has been marred by regional rifts and internal Lebanese disputes even before it began.
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