Ghosn’s lawyer says has had no new requests from prosecutors
The lawyer for ousted Nissan boss Carlos Ghosn on Wednesday said he had not had any requests from Tokyo prosecutors, after the Yomiuri newspaper and other media outlets reported authorities were preparing a fresh case against him.
Renault board scraps Ghosn’s pension: sources
Renault moved to scrap former chef executive Carlos Ghosn’s 765,000 euro ($859,000) annual pension, people with knowledge of the matter said on Wednesday, as the French carmaker is drawn deeper into the financial misconduct scandal engulfing its allian…
Boeing software re-engaged before Ethiopian crash: sources
Boeing anti-stall software forced down the nose of a doomed Ethiopian jet even after pilots had turned it off, sources told Reuters on Wednesday, as investigators scrutinize the role played by technology and crew in the fatal March 10 crash.
IKEA hunting for downtown sites in key cities
IKEA, the world’s biggest furniture group, is looking for downtown sites in top cities around the world as it responds to the fact that many customers no longer have the time or the cars to drive to its huge out-of-town stores.
Rising corporate market power could hit workers, investment: IMF
The growing market power of a small fraction of companies in wealthy countries could crimp investment and hurt workers, the International Monetary Fund said on Wednesday, as the growing role of tech giants like Google fuels debate about regulation of t…
Escalating U.S.-China trade war would hit manufacturing, agricultural jobs: IMF
An escalation of the U.S.-China trade war would drive manufacturing away from both countries and likely cause job losses, but would not change their total trade balances, an International Monetary Fund (IMF) report showed on Wednesday.
Wall Street rises at open on trade optimism
U.S. stocks opened higher on Wednesday, resuming a rally after a pause in the previous session, fueled by optimism over trade talks with Beijing and as China’s economy showed new signs of recovery.
Boeing system triggered repeatedly in Ethiopian crash: sources
Boeing anti-stall software repeatedly forced down the nose of a doomed Ethiopian jet after pilots had turned it off, sources told Reuters, as investigators scrutinize the role played by technology and crew in the fatal March 10 crash.
Factbox: What we know about Boeing 737 MAX crash and what comes next
More than 300 Boeing 737 MAX jets have been grounded worldwide after two fatal crashes in the past five months in Ethiopia and Indonesia killed nearly 350 people.
Blackstone raises $22 billion fund, its largest ever: source
Blackstone Group LP, the world largest alternative asset manager, has so far raised over $22 billion for its latest flagship private equity buyout fund, a person familiar with the matter said on Wednesday.
