On Tuesday, Nissan Motor Co’s Chief Executive Makoto Uchida stated, he expects the carmaker’s earnings and cashflow to remain under pressure through the end of the financial year in March. Uchida made these comments while addressing shareholders for the first… Read More ›
arrest
Russia shrugs off U.S. boycott threat of its International Economic Forum
Foreign investors, including U.S. companies, are nervous over the arrest by U.S. investor Michael Calvey by the Kremlin. On Tuesday, Russia downplayed the risks of a possible boycott by U.S. companies of the Kremlin’s International Economic Forum over the arrest… Read More ›
Poland arrests Huawei employee and Polish national over espionage
The story gets interesting since the Polish national is a former agent of Poland’s internal security agency. On Friday, in a development that yet again points the finger of accusations at Chinese telecom giant Huawei, Poland has arrested a Chinese… Read More ›
Tokyo prosecutors to arrest Carlos Ghosn for yet another crime
As a result of the filing of fresh charges in a separate crime, Carlos Ghosn’s detentions is likely to be extended up to December 30, 2018. On Tuesday, Japan’s Sankei newspaper reported, prosecutors plan on arresting Carlos Ghosn on a… Read More ›
Renault-Nissan Alliance global alliance to remain strong: Bruno Le Maire
Both, France and Japan, have indicated that they are ready to stabilize and conslidate the alliance between Renault and Nissan. On Wednesday, French Finance Minister Bruno Le Maire stated, the consolidation of the alliance between France’s Renault and Japan’s Nissan… Read More ›
Samsung Electronics appoints Roh Hee-chan as its CFO
Roh appointment forms part of a larger series of top appointments at Samsung Electronics which has resulted in newer younger generation coming to the helm in one of Asia’s biggest conglomerate. On Thursday, Samsung Electronics Co Ltd decided to name… Read More ›
Munich prosecutors arrest the former head of R&D at Porsche marking the first arrest in Germany following VW’s diesel emission scandal
While Wolfgang Hatz’s personal premises were searched by prosecutors in Germany, corporate locations were not part of the raid. As per a source familiar with the matter at hand, prosecutors from Munich have arrested a former member of Porsche board… Read More ›