Business & Finance News
Japanese prosecutors arrested Nissan Motor Co Ltd’s ousted chairman Carlos Ghosn again on Friday on new allegations of making Nissan shoulder $16.6 million in personal investment losses, dashing chances he would be released on bail before Christmas.
SoftBank Group Corp is nearing a deal to invest $1.5 billion in Grab, three times a previously expected $500 million, as Southeast Asia’s biggest ride-hailing firm looks to expand, a person with knowledge of the matter said.
The dollar consolidated overnight losses on Friday and is set for its biggest weekly drop in 10 months as the threat of a U.S. government shutdown and lower bond yields on the back of concerns of slowing economic growth weigh.
Bangladesh will collect and test samples of Johnson & Johnson’s Baby Powder for asbestos in a couple of days, its main testing authority said on Friday, after a Reuters report last Friday that the firm knew for decades that cancer-causing asbestos could be found in the product.
What’s does a company do when it doesn’t have enough workers and unemployment rates are at record lows? In eastern Europe answers includes workplace massages, free carp for Christmas and guaranteed jobs for spouses.
Japanese prosecutors arrested Nissan’s ousted chairman Carlos Ghosn for a third time on Friday, accusing him of aggravated breach of trust in transferring personal investment losses to the automaker.
Since De Beers abandoned its decades-old policy of refusing to sell lab-grown diamonds as jewelery, the price gap between man-made stones and natural gems has widened – and the difference is set to get even bigger.
Global stocks extended a steep sell-off on Friday as the threat of a U.S. government shutdown and of further hikes in U.S. borrowing costs sent dismayed investors scurrying for safer assets.
Japanese prosecutors re-arrested Nissan Motor Co Ltd’s ousted chairman Carlos Ghosn on Friday on fresh allegations of making Nissan shoulder $16.6 million in personal investment losses, dashing chances he would be released on bail imminently.
Malaysia is seeking $7.5 billion in reparations from Goldman Sachs Group Inc over its dealings with scandal-linked state fund 1MDB, the Financial Times reported on Friday, citing the country’s finance minister.
Faced with a chronic shortage of truck drivers, logistics firm Deutsche Post DHL Group is trialing a new scheme to get more people behind the wheel so it can keep goods flowing across Europe, especially at peak times like Christmas.
As Venezuela collapses, one little-known U.S. investment fund is poised to win big from litigation against its socialist government: Tenor Capital Management.
China, the world’s top oil importer, is set to start 2019 buying little or no crude from the United States despite a three-month truce in a trade scrap between the two nations, with relatively high freight costs and political uncertainty choking demand.
Tencent Holdings Ltd’s shares surged on Friday after a local regulatory official said some new video games had been cleared for sale, ending a lengthy freeze in approvals that has spooked players in the world’s largest gaming market.
The dollar languished close to one-month lows on Friday, seemingly pressured by year-end positioning with financial markets whipsawed by a collapse in oil prices, sell-off in equities and a threat of a U.S. government shutdown.
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