Manager at Turkish jet operator told authorities he helped Ghosn escape because of threats: newspaper
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.
Ghosn fled Japan after security firm hired by Nissan stopped surveillance
Ousted Nissan boss Carlos Ghosn left his Tokyo residence after a private security firm hired by Nissan Motor Co stopped monitoring him, three sources familiar with the matter told Reuters on Saturday.
Ghosn fled Japan after security firm hired by Nissan stopped surveillance: sources
Ousted Nissan boss Carlos Ghosn left his Tokyo residence after a private security firm hired by Nissan Motor Co stopped monitoring him, three sources familiar with the matter told Reuters on Saturday.
Fed’s Mester, who warned of inflation risks, says current policy ‘well calibrated’
Cleveland Federal Reserve Bank President Loretta Mester, among the Fed policymakers most concerned that easy monetary policy would risk excessive inflation, said on Friday she has put those fears to rest for now and is willing to leave rates at their c…
Fed policymakers broadly see eye to eye on 2020 outlook
Federal Reserve policymakers who last year were frequently at odds over where to set U.S. borrowing costs opened 2020 telegraphing confidence in the state of the economy and signaling broad agreement that monetary policy is right where it should be.
Police body camera maker Axon sues U.S. FTC over antitrust litigation
Axon Enterprise Inc on Friday sued the U.S. Federal Trade Commission in a bid to have antitrust proceedings over an acquisition heard in a federal court and not in an internal FTC process, claiming that the FTC’s ability to both prosecute and judge ca…
Exxon signals fourth quarter weakness in chemicals and refining, offset by asset sale
Exxon Mobil Corp’s fourth quarter operating results will decline from a year ago due to weakness in chemicals and refining, according to a regulatory filing and analyst comments on Friday.
FTC challenges police body camera maker Axon’s acquisition of rival Vievu
The Federal Trade Commission (FTC) on Friday challenged police body camera maker Axon Enterprise Inc’s completed acquisition of rival Vievu, saying it allowed the company to impose substantial price increases.
Fed may need new approach to boost inflation, Daly says
The Federal Reserve could find itself fighting too-low inflation for years to come, San Francisco Federal Reserve President Mary Daly said on Friday, and may need a new policy framework to lift inflation back up to the Fed’s 2% goal.
Exclusive: Weakened by sanctions, Venezuela’s PDVSA cedes oilfield operations to foreign firms
Venezuelan state company PDVSA is letting some joint venture partners take over the day-to-day operation of oilfields as its own capacity dwindles due to sanctions and a lack of cash and staff, according to a former oil minister, an opposition lawmaker…