In video address, Ghosn says he is innocent and victim of backstabbing
Ousted Nissan boss Carlos Ghosn said he was innocent and slammed former colleagues whom he accused of backstabbing and conspiring against him, in a pre-recorded video that marked his first public address since his initial arrest last year.
Potential U.S. auto tariffs would hurt Germany, Japan, Korea: Moody’s
Ratings firm Moody’s said on Tuesday that potential auto tariffs by the United States would be a risk to global growth, hindering economic momentum in Germany, Japan and Korea.
How flawed software, high speed, other factors doomed an Ethiopian Airlines 737 MAX
Minutes after take-off, the pilots of an Ethiopian Airlines 737 MAX were caught in a bad situation.
Sony stock surges after Reuters reports Third Point re-building stake
Sony Corp shares surged more than 9 percent on Tuesday after a Reuters report saying Third Point LLC was again raising its stake in the Japanese conglomerate stoked speculation that fund owner Daniel Loeb was preparing to agitate for more change.
Debenhams set for administration after rejecting new Ashley plan
British department store chain Debenhams looked set to fall into the hands of its lenders on Tuesday after it rejected a new overnight rescue plan from investor Mike Ashley in the latest twist in an acrimonious battle.
Oil near five-month highs amid Libya violence, OPEC cuts, U.S. sanctions
Oil prices were near 5-month highs on Tuesday as markets continued to tighten amid OPEC-led supply cuts, U.S. sanctions against Iran and Venezuela, and escalating violence in Libya.
In first public address, Ghosn says he is innocent and victim of backstabbing
Ousted Nissan boss Carlos Ghosn said he was innocent and slammed former colleagues whom he accused of backstabbing and conspiring against him, addressing the public for the first time since his initial arrest last year.
Political intervention may not be best way to help Ghosn: French finance minister
Political interventions might not be the best way to help ousted car executive Carlos Ghosn, French Finance Minister Bruno Le Maire told FranceInfo radio on Tuesday.
Demand for Aramco’s bonds swells to over $85 billion: source
Saudi Aramco has attracted orders in excess of $85 billion for its planned debut international bond, a source familiar with the matter said.
French bank SocGen plans to cut 1,600 jobs in bid to buoy profits
Societe Generale, France’s third-largest bank, unveiled on Tuesday a plan to cut 1,600 jobs, mainly at its corporate and investment banking arm, in a bid to buoy profitability after last year’s poor performance.
