Business & Finance News
Nissan ex-boss Carlos Ghosn entered Lebanon legally and will not face any legal consequences, Lebanon’s General Directorate of General Security said on Tuesday, according to the state news agency NNA.
U.S. stock index futures dipped on Tuesday after retreating from record highs in the previous session, as a Wall Street rally, fueled by optimism around U.S.-China trade progress, fizzled out in the final days of the decade.
Qatar Investment Authority (QIA) is another member of the Tencent-led consortium buying a 10% stake in Vivendi’s Universal Music Group, a source familiar with the deal said on Tuesday.
Singapore’s state investor GIC is part of the consortium led by China’s Tencent that’s buying up to 20% of Vivendi’s Universal Music Group (UMG), according to a source familiar with the deal.
A Tencent-led consortium is taking a 10% stake in Vivendi’s Universal Music Group, valuing the music label that houses Lady Gaga and The Beatles at 30 billion euros ($34 billion) and giving the Chinese firm a global backstage pass.
The euro, the pound and a clutch of trade-sensitive currencies rallied as the dollar slid to a six-month low on Tuesday, with investors confident that global growth prospects are improving and U.S.-China trade relations significantly better.
Global equities drifted on Tuesday while the dollar ended 2019 on a subdued note following a buoyant year of stock market gains, driven in recent weeks by hopes of an imminent U.S.-China trade deal.
Former Nissan boss Carlos Ghosn entered Lebanon using a French passport, the Lebanese broadcaster MTV reported on Tuesday, citing an official source.
Oil prices steadied on the last trading day of the decade on Tuesday and were on track for a monthly and annual gains, supported by a thaw in the prolonged U.S.-China trade dispute and Middle East unrest.
The dollar dipped to a near three-week low against the yen in thin year-end volume on Tuesday as investors favored riskier assets, led by renewed optimism about global growth.
Asian shares were mostly lower on Tuesday, in their last trading day of the decade as investors locked in profits after a buoyant year of gains, driven in recent weeks by hopes of an imminent U.S.-China trade deal.
Ousted Nissan boss Carlos Ghosn confirmed he fled to Lebanon, saying he wouldn’t be “held hostage” by a “rigged” system, raising questions about how one of the world’s most-recognized executives slipped out of Japan months before his trial.
French junior economy minister Agnes Pannier-Runacher said on Tuesday that she was “very surprised” by news that Carlos Ghosn had left Japan and flown to Lebanon, adding she had heard of it via the media.
Ousted Nissan boss Carlos Ghosn confirmed he fled to Lebanon, saying he wouldn’t be “held hostage” by a “rigged” justice system and raising questions about how one of the world’s most-recognized executives escaped Japan months before his trial.
Ousted Nissan Motor Co boss Carlos Ghosn’s three passports were held by his lawyers and he could not have used any of them to escape Japan, one of the lawyers told reporters on Tuesday, adding that his client’s actions were “inexcusable”.
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
