Business & Finance News
Turkish police detained seven people, including four pilots, on Thursday in an investigation into how ousted Nissan boss Carlos Ghosn transited through Istanbul en route to Lebanon after fleeing Japan, a police spokeswoman told Reuters.
Oil prices rose to begin the new year on Thursday buoyed by signs of improving trade relations between the United States and China which eased demand concerns and rising tensions in the Middle East.
World stock markets began the new year with a shot of Chinese stimulus, ensuring there was no immediate hangover after the gains of 2019.
Tesla Inc will deliver its first Chinese made Model 3 sedans to the public on Jan. 7 at an event at its Shanghai plant, a representative for the firm told Reuters on Thursday.
The dollar snapped a six-day losing streak to add 0.2% on Thursday, the first trading day of 2020, pushing the euro off five-month highs while the offshore yuan shrugged off reserve ratio cuts that could add $115 billion worth of liquidity.
Ousted Nissan boss Carlos Ghosn decided to flee Japan after learning that his trial had been delayed until April 2021 and also because he had not been allowed to speak to his wife, sources close to Ghosn said on Thursday.
Turkish police detained seven people including four pilots on Thursday in an investigation of how ousted Nissan boss Carlos Ghosn touched down in Istanbul as he fled Japan en route to Lebanon, according to broadcaster NTV.
Volkswagen on Thursday said it was in talks to discuss a settlement with German vehicle owners who are suing the carmaker over excessive pollution caused by VW’s diesel cars.
Turkish police have detained seven people, including four pilots, over the transit of ousted Nissan boss Carlos Ghosn through Turkey after fleeing Japan on his way to Lebanon, broadcaster NTV said on Thursday.
South Korea’s Hyundai Motor and affiliate Kia Motors turned in their lowest sales in seven years in 2019 as business in China slumped, missing their target for a fifth straight time, but forecast better numbers for 2020.
Turkish police have detained several people after the interior ministry launched a probe into the transit of ousted Nissan boss Carlos Ghosn, who after fleeing Japan stopped in Turkey on his way to Lebanon, broadcaster NTV said on Thursday.
German automotive supplier Robert Bosch said Thursday it has developed a sensor that lets cars “see” a three-dimensional view of the road, aiming to lower the cost of technology that could speed the development of self-driving vehicles.
Oil prices kicked off the new year higher on Thursday as warming trade relations between the United States and China eased demand concerns, while rising tensions in the Middle East fueled worries about supply.
Chinese smartphone maker Xiaomi Corp will invest more than 50 billion yuan ($7.18 billion) in artificial intelligence and fifth generation internet technologies over the next five years, as competition in the sector grows.
Tesla Inc will deliver a second batch of China-made Model 3 sedans to customers on Jan. 7 at an event at its Shanghai plant, a representative for the firm told Reuters on Thursday.
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