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Reuters - Business

French judges step up Ghosn probe over palace party, Oman dealings

Reuters
PARIS (Reuters) – French prosecutors have stepped up their investigation into alleged misappropriation of funds at Renault (RENA.PA) by former boss Carlos Ghosn, saying a judge had now been assigned to the case to launch a formal investigation. FILE PHOTO: Former Nissan chairman Carlos Ghosn gestures during a news conference......
Reuters - Business

French prosecutors step up Ghosn probe over palace party, Oman dealings

Reuters
FILE PHOTO: Former Nissan chairman Carlos Ghosn gestures during a news conference at the Lebanese Press Syndicate in Beirut, Lebanon January 8, 2020. REUTERS/Mohamed Azakir/File Photo PARIS (Reuters) – French prosecutors said on Wednesday they had assigned a judge to formally investigate various allegedly suspect financial dealings linked to Renault......
Reuters - Business

Lebanon’s MEA reverses move to charge in dollars

Reuters
FILE PHOTO: A Lebanese Middle East Airlines (MEA) Airbus A320-200 plane flies over Beirut, Lebanon January 12, 2017. REUTERS/Mohamed Azakir/File Photo BEIRUT (Reuters) – Lebanon’s state-owned carrier Middle East Airlines (MEA) reversed a decision to accept payment only in U.S. dollars after a backlash on Sunday, Lebanese media and an......
Reuters - Business

Lebanon’s MEA to require payment in dollars as crisis bites-report, source

Reuters
FILE PHOTO: A Lebanese Middle East Airlines (MEA) Airbus A320-200 plane flies over Beirut, Lebanon January 12, 2017. REUTERS/Mohamed Azakir/File Photo BEIRUT (Reuters) – Lebanon’s state-owned carrier Middle East Airlines (MEA) will only accept payment in U.S. dollars from Monday, the National News Agency reported, as the country grapples with......
Reuters - Business

In Dutch court, fugitive Ghosn fights for document release

Reuters
AMSTERDAM (Reuters) – Lawyers for Carlos Ghosn, the fugitive former automotive executive, on Monday argued in a Dutch court for the release of internal documents relating to his dismissal by Nissan Motor (7201.T) and Mitsubishi Motors (7211.T). FILE PHOTO: Former Nissan chairman Carlos Ghosn gestures during a news conference at......
Reuters - Business

In Dutch court, Ghosn seeks release of internal documents

Reuters
FILE PHOTO: Former Nissan chairman Carlos Ghosn gestures during a news conference at the Lebanese Press Syndicate in Beirut, Lebanon January 8, 2020. REUTERS/Mohamed Azakir/File Photo AMSTERDAM (Reuters) – Lawyers for Carlos Ghosn, the fugitive former automotive executive, on Monday argued in a Dutch court for the release of internal......
Reuters - Business

Japan issues arrest warrants for ex-U.S. soldier, two others for Ghosn escape

Reuters
FILE PHOTO: Former Nissan chairman Carlos Ghosn gestures during a news conference at the Lebanese Press Syndicate in Beirut, Lebanon January 8, 2020. REUTERS/Mohamed Azakir TOKYO (Reuters) – Japanese authorities on Thursday issued arrest warrants for a former U.S. special forces soldier and two other men on suspicion of smuggling......
Reuters - Business

Renault, Nissan chief engineers to meet, revive R&D projects: sources

Reuters
PARIS (Reuters) – Renault’s (RENA.PA) engineering boss will meet his counterpart at Nissan (7201.T) in Japan this week, two sources close to Renault said, as the carmakers seek to revive projects crucial to an alliance left reeling by the Carlos Ghosn affair. FILE PHOTO: The logos of car manufacturers Renault......
Reuters - Business

Virus fears keep stocks red; ECB gets ready to rethink

Reuters
LONDON (Reuters) – World shares fell on Thursday, led by the biggest decline in Chinese stocks in more than eight months, as concern mounted about the spread of a deadly virus in China. FILE PHOTO: The London Stock Exchange Group offices are seen in the City of London, Britain, December......
Reuters - Business

Ghosn’s right-hand man stands high chance of acquittal in Japan: ex-prosecutor

Reuters
TOKYO (Reuters) – A lieutenant to Carlos Ghosn who is facing charges in Japan for underreporting his salary at Nissan Motor Co (7201.T) stands a very high chance of being acquitted, as would Ghosn had he remained in Japan to face trial, a former prosecutor said. FILE PHOTO: Greg Kelly,......
Reuters - Business

Renault, Nissan share ‘real desire’ to make alliance work: chairman

Reuters
PARIS (Reuters) – Renault (RENA.PA) Chairman Jean-Dominique Senard said on Thursday there was a “real desire” within the top ranks of both companies for its alliance with Nissan to succeed, dismissing suggestions the partnership was on the rocks. Turmoil within the Franco-Japanese alliance, long dogged by internal rivalries, deepened following......
Reuters - Business

Carlos Ghosn’s Japanese lawyers quit after former Nissan chief absconds

Reuters
TOKYO (Reuters) – Japanese attorneys representing Carlos Ghosn, including lead lawyer Junichiro Hironaka, quit on Thursday following the former Nissan chief’s flight to Lebanon from Japan, where he had been fighting financial misconduct charges. In an emailed statement, Hironaka said everyone involved in the case at his practice had resigned.......
CNBC Business

Qasem Soleimani killing was a ‘wake-up call’ to Tehran: Prince Turki

CNBC
CNBC – For more and to sign up click here The U.S. airstrike that killed Iran’s top commander showed Tehran that it can’t get away with its provocations, but won’t stop the country from continuing with its agenda, a former chief of Saudi intelligence told CNBC. “The taking out of......
Reuters - Business

Ex-Nissan boss Carlos Ghosn’s lawyer Hironaka resigns: NHK

Reuters
FILE PHOTO: Junichiro Hironaka, chief lawyer of the ousted Nissan Motor Co Ltd chairman Carlos Ghosn, attends a news conference in Tokyo, Japan, March 4, 2019. REUTERS/Issei Kato/File Photo TOKYO (Reuters) – Ousted Nissan Motor Co (7201.T) boss Carlos Ghosn’s lawyer, Junichiro Hironaka, has resigned following his client’s flight to......
Reuters - Business

Ghosn says French envoy told him Nissan was turning against him

Reuters
BEIRUT (Reuters) – Former Nissan chairman Carlos Ghosn, speaking in Beirut after his dramatic escape from Japanese justice, said on Tuesday that the French ambassador had warned him shortly after his arrest that his own company was plotting against him. “Frankly, I was shocked by the arrest and the first......
Reuters - Business

Exclusive: ‘I’m happy he did it’ – in Beirut, wife of fugitive Ghosn slams Japanese justice

Reuters
BEIRUT (Reuters) – Carlos and Carole Ghosn, the former first couple of carmaker Nissan, are united again in Beirut. They hold hands in the street and whisper together in a mix of Arabic and French. They kiss. But the pair’s most visceral display of unity comes when they talk about......
Reuters - Business

Ex-Nissan boss Ghosn says French envoy told him of inside plot

Reuters
BEIRUT (Reuters) – Former Nissan chairman Carlos Ghosn, speaking in Beirut after his dramatic escape from Japanese justice, said on Tuesday that the French ambassador had warned him shortly after his arrest that his own company was plotting against him. “Frankly, I was shocked by the arrest and the first......
Reuters - Business

Japan seeks Interpol wanted notice for Carlos Ghosn’s wife

Reuters
TOKYO (Reuters) – Japanese authorities have requested the International Criminal Police Organization (ICPO) for an Interpol wanted notice for the wife of former Nissan Motor (7201.T) boss Carole Ghosn, local media reported on Saturday. If the notice is issued for his wife, Carole, the couple’s travel chances outside of Lebanon......
Reuters - Business

Japan seeks Interpol wanted notice for wife of ex Nissan boss

Reuters
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Reuters - Business

After escaping Japan, Ghosn feels Lebanese crisis

Reuters
BEIRUT (Reuters) – Carlos Ghosn’s daring escape from Japan to Lebanon may have cast light on his wealth and influence, but in Beirut the ex-Nissan boss can only get a few hundred dollars a week from the bank because of the country’s deep financial crisis. FILE PHOTO: Former Nissan chairman......

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