French President Emmanuel Macron will discuss the Renault-Nissan alliance with Japan’s Prime Minister Shinzo Abe in a bilateral meeting at the G20 summit in Buenos Aires on Friday, an Elysee official said.
Oil prices slipped further on Friday as swelling inventories depressed sentiment despite widespread expectations that OPEC and Russia would agree some form of production cut next week.
The United States has filed criminal charges against British entrepreneur Mike Lynch over the $11 billion sale of Autonomy to Hewlett-Packard seven years ago, accusing him of making false statements that inflated the value of the software group.
Oil toiled at a more than one-year low after its worst month in a decade on Friday, while most major markets were keeping moves tight ahead of a weekend meeting between U.S. and Chinese presidents Donald Trump and Xi Jinping.
Russia believes U.S. President Donald Trump canceled his meeting with Vladimir Putin due to domestic issues rather than the Ukraine situation, its foreign ministry said on Friday.
An electronic failure caused a plane carrying Chancellor Angela Merkel to the G20 summit in Argentina to made an unscheduled landing, a German Air Force spokesman said on Friday.
Tokyo authorities extended the detention on Friday of ousted Nissan Motor Co chairman Carlos Ghosn for 10 days, media said, amid signs of a brewing diplomatic feud over the balance of power at the troubled Renault-Nissan alliance.
Toyota has agreed to buy out PSA Group’s stake in a jointly-managed Czech Republic factory specializing in the production of small cars, the companies said on Friday.
Oil prices steadied on Friday as expectations that OPEC and Russia would agree some form of production cut next week balanced pressure from swelling inventories.
Air France-KLM is mulling the closure of Joon, its newest airline brand, company sources told Reuters, in an about-face that could help new boss Ben Smith address the chronic underperformance of the main Air France business.
A summit of the world’s top economies will open on Friday with leaders struggling over fallout from a U.S.-China trade war that has roiled global markets and bracing for the kind of divisive geopolitical drama that President Donald Trump often brings to the international stage.
China hopes the United States can show sincerity and promote proposals both countries can accept when their two leaders meet at this week’s G20 summit, the Chinese Foreign Ministry said on Friday ahead of the key trade talks.
Tokyo authorities on Friday extended for another 10 days the detention of ousted Nissan Motor Co chairman Carlos Ghosn, who is being held in Tokyo’s main detention center after allegations against him of financial misconduct, Japanese media said.
SoftBank chalked up another first in Japan on Friday, setting a single indicative price of 1,500 yen for its telco IPO rather than a price range as usual, pegging the deal at 2.4 trillion yen ($21.16 billion) in the country’s biggest-ever listing.
The United States has filed criminal charges against Mike Lynch over the $11 billion sale of the British software company Autonomy to Hewlett-Packard seven years ago, the Financial Times reported on Friday.
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
