Asian shares slip, China targets slower growth
Asian shares stepped back on Tuesday, weighed by U.S. economic concerns and as China cut its growth target in the face of intensifying challenges from rising debt and a dispute over trade and technology with the United States.
Lindt expects 5-7 percent growth this year as U.S. troubles persist
Swiss chocolate maker Lindt & Spruengli said on Tuesday it expected organic sales to grow 5-7 percent this year, in line with mid-term targets, as it works to improve the performance in its North American unit.
Japanese prosecutors appeal bail decision for former Nissan head Ghosn
Japanese prosecutors have appealed the Tokyo District Court’s decision to approve Carlos Ghosn’s request for release from detention on bail, the court said on Tuesday.
Renault’s new CEO reiterates commitment to alliance partnership
Renault’s new CEO, Thierry Bollore, reiterated on Tuesday that all the parties in the Renault-Nissan-Mitsubishi alliance were committed to the deal.
Volvo to test full-size driverless bus in Singapore
Sweden’s Volvo Buses and Singapore’s Nanyang Technological University (NTU) on Tuesday unveiled a full-size autonomous electric bus for testing this year in the city state.
Codelco’s lithium push fades in favor of copper
With the global race to secure lithium heating up in 2016, Chile’s president Michelle Bachelet wanted to be sure her country seized the moment. Home to half the world’s lithium reserves, Chile tapping its state-run miner Codelco to ramp up production s…
Japanese court grants bail to ex-Nissan chair Ghosn after more than three-month detention
A Japanese court granted bail to ousted Nissan Motor Co Ltd chairman Carlos Ghosn on Tuesday more than three months after his arrest for alleged financial crimes, on condition he submit to video surveillance and communications monitoring.
Oil falls as China trims economic growth target, but OPEC-led cuts support
Oil prices fell on Tuesday as China cut its 2019 economic growth target, dimming the outlook for fuel demand, although OPEC-led efforts to cut output still offered some support.
Tokyo court grants bail to ex-Nissan chair Ghosn after more than 3-month detention
A Tokyo court on Tuesday granted bail to Carlos Ghosn, the ousted chairman of Nissan Motor Co Ltd who is fighting charges of financial misconduct, after more than three months in detention, Ghosn’s lawyer said.
Google plans to ban political ads before Canada election
Alphabet Inc’s Google will ban political advertising on its platform before the Canadian federal election, after the country introduced stringent transparency rules.
