‘Flawed, biased’: Ghosn lawyers blast Nissan before news conference
Fugitive ex-Nissan chief Carlos Ghosn’s lawyers opened fire on the car maker on Wednesday, hours before he was scheduled to hold a highly anticipated news conference, accusing it of using a “flawed, biased” internal probe to engineer his arrest.
Malaysia anti-graft body says audio clips show Najib tried to cover-up 1MDB scandal
Malaysia’s former prime minister, Najib Razak, allegedly sought help from the United Arab Emirates’ crown prince to fake evidence to cover up for the 1MDB scandal, according to audio clips revealed by Malaysian anti-graft officials on Wednesday.
Saudi Aramco hits new low on U.S.-Iran tensions
Shares of Saudi Aramco opened at 34 riyals ($9.06) on Wednesday, their lowest level since the oil giant began trading on December 11, after Iran launched missiles on U.S. targets in Iraq.
BMW achieves record 2019 sales, looks to 2020 with confidence
German carmaker BMW achieved record sales of 2.5 million vehicles in 2019, sales chief Pieter Nota said on Wednesday, adding that he was upbeat about the company’s prospects in 2020.
Oil prices shed gains as alarm over Iran rocket strike fades – for now
Oil prices were up on Wednesday but well below peaks hit in frenzied early trading after a rocket attack by Iran on American forces in Iraq raised the specter of a spiraling Middle East conflict and disruption to crude flows.
CITIC to sell 22% stake in McDonald’s China business to PE arm: sources
CITIC Ltd , the main listed arm of Chinese state-owned conglomerate CITIC Group, plans to sell a 22% stake in McDonald’s Corp’s mainland China and Hong Kong business, which is likely to be bought by the group’s private equity arm.
Japanese billionaire Maezawa in $9 million ‘social experiment’ giveaway
Japanese fashion tycoon Yusaku Maezawa is giving away $9 million to his Twitter followers in what he says is a “social experiment” to see if the payment boosts their happiness.
Futures slip as Iran’s attack on U.S. forces heightens Middle East tensions
U.S. stock index futures fell early on Wednesday as investors scurried to safe-haven assets after Iran fired rockets at U.S.-led forces in Iraq in response to the killing of a top Iranian commander, sparking fears of a wider war in the Middle East.
Airlines re-route flights away from Iraq, Iran airspace after missile attack on U.S. troops
Several major airlines said on Wednesday they were re-routing flights to avoid airspace over Iraq and Iran after the Federal Aviation Administration banned U.S. carriers from the area following an Iranian missile attack on U.S.-led forces in Iraq.
Stocks, gold and oil whipsawed as Iran strikes spark Mideast war fears
Asian shares tumbled on Wednesday, while oil, safe-haven Treasury prices and gold shot higher after Iran fired rockets at U.S.-led forces in Iraq, stoking fears of a wider conflict in the Middle East.
