Tokyo prosecutors on Tuesday filed a request to revise the content of its indictment of Carlos Ghosn for aggravated breach of trust, providing further details on alleged cash transfers they say the former Nissan Motor Co Ltd boss made to a Saudi friend, Kyodo news reported.
Japanese Finance Minister Taro Aso said on Tuesday the Sino-U.S. trade war would not immediately trigger an economic shock on the scale of the “Lehman shock”, though the friction between the world’s two largest economies is unlikely to be resolved easily.
President Donald Trump said on Monday he was optimistic about resolving the U.S. trade dispute with China.
Shares in Asia extended losses on Tuesday following sharp falls on Wall Street overnight, the yen strengthened and U.S. Treasury yields ticked lower as the trade war between China and the United States escalated.
Vodafone Group Plc on Monday agreed to sell its New Zealand business for NZ$3.4 billion ($2.23 billion) to a consortium comprising of New Zealand-based Infratil Ltd and Canada’s Brookfield Asset Management, in a deal the telecom giant says would help reduce its debt.
Europe’s listed companies are expected to generate 1.2 trillion euros (£1.04 trillion) in revenue from the United States this year, highlighting what’s at stake as global trade tensions grow and earnings and economic growth stall.
U.S. President Donald Trump said on Monday he would meet Chinese President Xi Jinping next month as the trade war between the world’s two largest economies intensified, sending shivers through global markets.
A list of products subject to possible U.S. tariffs on about $300 billion of Chinese imports will include cellphones and laptop computers but not pharmaceuticals and rare earth materials, the U.S. Trade Representative’s Office said on Monday.
President Donald Trump said on Monday that his administration was planning to provide about $15 billion in aid to help U.S. farmers whose products may be targeted with tariffs by China in a deepening trade war.
Lenders and hundreds of investors agreed on Monday to pay $231 million to end their decade-long legal fight over a clerical error in a $1.5 billion loan to General Motors that was administered by JPMorgan Chase & Co , according to court documents.
Amazon has almost doubled its brand value to $316 billion as it expands in areas like entertainment and smart speakers, while China’s Alibaba is now the world’s second most valuable retail brand, a survey showed on Tuesday.
A list of products subject to possible U.S. tariffs on about $300 billion of Chinese imports will include cellphones and laptop computers but not pharmaceuticals and rare earth materials, the U.S. Trade Representative’s Office said on Monday.
The Trump administration on Monday announced that it will exempt a broad range of additional Chinese-made products from 25 percent U.S. tariffs, including industrial equipment, water filtering equipment, small electric motors, remote control devices and stereoscopic microscopes.
A divided U.S. Supreme Court on Monday gave the go-ahead to an antitrust lawsuit accusing Apple Inc of forcing consumers to overpay for iPhone software applications, a decision that could lead to billions of dollars in damages and put at risk the company’s lucrative way of selling apps.
Billionaire Gerry Schwartz pounced on Canada’s WestJet Airlines on Monday as his private equity firm Onex Corp offered to buy the struggling airline for C$3.5 billion ($2.6 billion), betting it can turn around its recent decline by taking the company private.
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