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Exclusive: Guyana opening search for oil firm to trade its crude – official

Reuters
GEORGETOWN (Reuters) – Guyana’s government next month plans to begin a search for an oil company or trading firm to market its share of the South American country’s crude, the director of the Department of Energy, Mark Bynoe, said in an interview. Mark Bynoe, the director of Guyana’s Department of......
Reuters - Business

BBC’s Hall to step down ahead of crunch funding talks with British government

Reuters
LONDON (Reuters) – The BBC’s most powerful man will step down in six months to allow a new person to lead negotiations with Prime Minister Boris Johnson’s government over a financing model for the publicly funded broadcaster. FILE PHOTO: BBC Director General Tony Hall makes a statement in London, Britain......
Reuters - Business

China posts weakest growth in 29 years as trade war bites, but ends 2019 on better note

Reuters
BEIJING (Reuters) – China’s economic growth cooled to its weakest in nearly 30 years in 2019 amid a bruising trade war with the United States, and more stimulus is expected this year as Beijing tries to boost sluggish investment and demand. A girl runs past a man as he smokes......
Reuters - Business

China posts weakest growth in 29 years as trade war bites, but ends 2019 on firmer note

Reuters
BEIJING (Reuters) – China’s economic growth slowed to its weakest in nearly 30 years in 2019 amid a bruising trade war with the United States and sputtering investment, and more stimulus steps are expected this year to help avert a sharper slowdown. FILE PHOTO: Containers are seen at Yantian port......
Reuters - Business

China set to post weakest growth in 29 years as trade war bites, investment sputters

Reuters
BEIJING (Reuters) – China is expected to report on Friday that economic growth slowed to its weakest in nearly three decades in 2019 amid a bruising trade war with the United States, and more stimulus steps are expected this year to help avert sharper slowdown. FILE PHOTO: A teller counts......
Reuters - Business

Ghosn: Seeds of Renault-Nissan crisis were sown by Macron’s move

Reuters
PARIS (Reuters) – Ex-Nissan boss Carlos Ghosn said on Wednesday that a surprise corporate move, orchestrated five years ago by French President Emmanuel Macron who was then economy minister, soured relations between Renault and Nissan and contributed to his ouster. Former Nissan chairman Carlos Ghosn arrives to deliver a news......
Reuters - Business

Arrest warrant for Ghosn’s wife ‘pathetic’, spokeswoman says

Reuters
FILE PHOTO: Former Nissan Motor Chairman Carlos Ghosn accompanied by his wife Carole Ghosn, arrives at his place of residence in Tokyo, Japan, March 8, 2019. REUTERS/Issei Kato/File Photo BEIRUT (Reuters) – A decision by Japanese prosecutors to issue an arrest warrant for Carlos Ghosn’s wife shortly before the fugitive......
Reuters - Business

Arrest warrant for Ghosn’s wife ‘pathetic’: Ghosn spokeswoman

Reuters
FILE PHOTO: Former Nissan Motor Chairman Carlos Ghosn accompanied by his wife Carole Ghosn, arrives at his place of residence in Tokyo, Japan, March 8, 2019. REUTERS/Issei Kato/File Photo BEIRUT (Reuters) – An arrest warrant issued by Japanese prosecutors for Carlos Ghosn’s wife Carole is “pathetic” and comes shortly before......
Reuters - Business

Manager at Turkish jet operator told authorities he helped Ghosn escape because of threats: newspaper

Reuters
ISTANBUL (Reuters) – A manager at Turkish jet operator MNG Jet has told authorities that he assisted unwittingly in the escape of ex-Nissan boss Carlos Ghosn from Japan because he had been threatened by a former acquaintance, Hurriyet newspaper reported on Saturday. Turkish authorities have arrested five suspects, including MNG......
Reuters - Business

Turkish court formally arrests five suspects over Ghosn’s transit: Anadolu

Reuters
FILE PHOTO: Former Nissan Motor Chariman Carlos Ghosn leaves the Tokyo Detention House in Tokyo, Japan April 25, 2019. REUTERS/Issei Kato ISTANBUL (Reuters) – A Turkish court ruled on Friday to formally arrest five suspects who were detained as part of an investigation into ex-Nissan boss Carlos Ghosn’s transit through......
Reuters - Business

Turkish operator says Ghosn used its jets illegally in escape from Japan

Reuters
FILE PHOTO: Former Nissan Motor Chariman Carlos Ghosn leaves the Tokyo Detention House in Tokyo, Japan April 25, 2019. REUTERS/Issei Kato ISTANBUL (Reuters) – Turkish private aircraft operator MNG Jet said on Friday that its planes were used illegally in the escape from Japan of ex-Nissan boss Carlos Ghosn, adding......
Reuters - Business

Carlos Ghosn says family played no role in escape from Japan: statement

Reuters
BEIRUT (Reuters) – The family of former Nissan boss Carlos Ghosn played no role in his escape from Japan, Ghosn said in a statement on Thursday, days after his abrupt arrival in Beirut from Tokyo, where he faces trial for alleged financial misconduct. “There has been speculation in the media......
Reuters - Business

Turkey detains pilots over Ghosn’s escape through Istanbul

Reuters
ISTANBUL (Reuters) – 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. FILE PHOTO: Former Nissan Motor Chariman Carlos Ghosn leaves the Tokyo Detention......
Reuters - Business

Nissan ex-boss Carlos Ghosn to hold press conference on Jan. 8: lawyer

Reuters
FILE PHOTO: Former Nissan Motor Chariman Carlos Ghosn leaves the Tokyo Detention House in Tokyo, Japan April 25, 2019. REUTERS/Issei Kato/File Photo BEIRUT (Reuters) – Nissan ex-boss Carlos Ghosn will hold a news conference in Beirut on Jan. 8, a lawyer for Ghosn said on Wednesday, two days after abruptly......
Reuters - Business

Ghosn met Lebanese president after fleeing Japan: sources

Reuters
BEIRUT (Reuters) – Fugitive former Nissan chairman Carlos Ghosn met Lebanon’s president after his escape from Japan, where he was smuggled out of house arrest by a private security company, two sources close to Ghosn said on Wednesday. FILE PHOTO: Former Nissan Motor Chariman Carlos Ghosn leaves the Tokyo Detention......
Reuters - Business

Russian government plans to use rainy day fund to buy Sberbank from central bank: two sources

Reuters
FILE PHOTO: Participants cast their shadows on a board with the logo of Sberbank at the St. Petersburg International Economic Forum (SPIEF), Russia, June 1, 2017. REUTERS/Sergei Karpukhin/File Photo MOSCOW (Reuters) – The Russian government plans to use the country’s National Wealth Fund (NWF) to buy the central bank’s stake......
Reuters - Business

China suspends planned tariffs scheduled for December 15 on some U.S. goods

Reuters
FILE PHOTO: Containers are seen at the Yangshan Deep Water Port in Shanghai, China August 6, 2019. REUTERS/Aly Song SHANGHAI (Reuters) – China has suspended additional tariffs on some U.S. goods that were meant to be implemented on Dec. 15, the State Council’s customs tariff commission said on Sunday, after......
Reuters - Business

China suspends planned tariffs scheduled for Dec. 15 on some U.S. goods

Reuters
FILE PHOTO: Containers are seen at the Yangshan Deep Water Port in Shanghai, China August 6, 2019. REUTERS/Aly Song SHANGHAI (Reuters) – China has suspended the planned additional tariffs on some U.S. goods that were meant to be implemented on Dec. 15, the State Council’s customs tariff commission said on......
Reuters - Business

Mnuchin says trade deal with China to boost global economy

Reuters
DOHA (Reuters) – U.S. Treasury Secretary Steven Mnuchin said on Saturday a “phase one” trade deal between the United States and China was “very good” for global economic growth, and added that the second phase could come in several steps. FILE PHOTO: U.S. Treasury Secretary Steve Mnuchin speaks about sanctions......

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