Nissan believes alliance partner Renault’s board will back its decision to oust Chairman Carlos Ghosn when it sees details of the Japanese carmaker’s investigation into his alleged misconduct, Chief Executive Hiroto Saikawa said in a newspaper interview.
Technology shares pulled Wall Street lower on Monday, after an unexpected drop in China’s exports in December reignited worries of a slowdown in global economic growth.
Wells Fargo & Co agreed to settle a U.S. Securities and Exchange Commission fraud lawsuit related to a $75 million bond offering for 38 Studios Inc, a now-bankrupt video game company founded by former All-Star major league baseball pitcher Curt Schilling.
FedEx Corp will pay $35.3 million to settle lawsuits in which New York state and New York City accused the company of shipping millions of untaxed cigarettes to residents over a decade.
Europe’s Airbus is looking for a “significant double-digit” percentage reduction in costs for a recently acquired Canadian jet programme, as it expands production capacity to cope with anticipated demand for the former Bombardier jet.
World stock indexes fell while the yen rose against the dollar on Monday after a shock contraction in Chinese trade reignited fears of a sharper slowdown in global growth and caused investors to sell riskier assets.
Volkswagen’s Chief Executive Herbert Diess said an $800 million investment to build a new electric car in Chattanooga, Tennessee should help ease tensions with United States President Donald Trump.
Ford Motor Co wants the Trump administration to resolve various trade issues faced by the United States, including a trade war with China and a finalized revision of the North American trade agreement, so the carmaker can plan effectively, top executives said on Monday.
Volkswagen AG said on Monday it is investing $800 million to build a new electric vehicle at its plant in Chattanooga, Tennessee, as it shifts toward zero emission vehicles.
U.S. stocks slipped on Monday, dragged down by technology shares, after an unexpected drop in China’s exports in December fanned worries of a slowdown in global economic growth.
Volkswagen AG is announcing on Monday it will build a new electric vehicle at its plant in Chattanooga, Tennessee as it shifts toward zero emission vehicles, the state’s governor told Reuters.
Bonds of PG&E Corp , owner of the biggest U.S. power utility by number of customers, plunged on Monday after the company said it is preparing to file for Chapter 11 bankruptcy as it faces liabilities linked to wildfires in California.
American Airlines Group Inc on Monday said the Federal Aviation Administration’s (FAA) approval of two Boeing MAX 8 aircraft is on hold due to the U.S. government shutdown.
China’s Huawei Technologies [HWT.UL], the leading global supplier of telecoms network equipment, faces questions over its access to European markets after the arrest of a sales executive in Poland on suspicion of spying.
U.S. stocks opened lower on Monday in broad-based declines after Citigroup posted an unexpected fall in revenue, adding to fears of a sharper slowdown in global economic growth that resurfaced after data showed an unexpected drop in China’s trade.
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
