Court rejects Nissan ex-chairman Ghosn’s appeal to end detention
A Tokyo court on Tuesday rejected ousted Nissan Motor chairman Carlos Ghosn’s appeal to end his detention following his arrest last month on allegations of financial misconduct.
Tentative rebound masks unease over Brexit, trade and growth
Stocks rose tentatively on Tuesday as investors picked through the rubble of conflagrations in some of the world’s top economies amid uncertainty over Brexit, a China-U.S. trade war, and French protests.
Daimler to buy $23 billion of battery cells for electric car drive
Daimler will buy battery cells worth more than 20 billion euros ($23 billion) by 2030 as it readies mass production of hybrid and electric vehicles, the maker of Mercedes-Benz cars said on Tuesday.
Exclusive: Hyundai Motor’s two R&D vice chairmen offer to resign – sources
Hyundai Motor Group’s two vice chairmen in charge of research and development (R&D) have offered to resign, three people familiar with the matter told Reuters on Tuesday.
Uber’s dominant size may rob smaller Lyft of its IPO oxygen
Uber Technologies Inc [UBER.UL] and smaller rival Lyft are driving side-by-side on the road to a stock market debut, and that may not bode well for Lyft as investors decide where to place their bets in the ride-hailing sector.
Daimler to buy 20 billion euros worth of electric car battery cells
German luxury car maker Daimler , parent company of Mercedes-Benz, on Tuesday said it would buy battery cells worth more than 20 billion euros ($22.75 billion) by 2030 as it readies mass production of hybrid and electric vehicles.
Vivendi seeks shareholders meeting to change Telecom Italia board
Vivendi is calling for a shareholders meeting to change the board at Telecom Italia including five members proposed by activist fund Elliott, the French media conglomerate said on Tuesday.
Huawei CFO back in Canada court as bail hearing set to wrap
A top executive at Chinese telecoms giant Huawei Technologies [HWT.UL] is set to return to a Vancouver courtroom on Tuesday, as the judge weighs final issues in determining whether she should be freed on bail while awaiting extradition proceedings.
Hyundai readies Palisade large SUV in another shot at U.S. market
Hyundai Motor Co on Tuesday began South Korean sales of its Palisade large sport utility vehicle (SUV), a model it hopes will spearhead a sales recovery in the United States when launched in its major overseas market next year.
U.S. fund Castlelake to buy planes from AirAsia in $800 million deal: sources
U.S. private investment firm Castlelake LP has struck a deal to buy a portfolio of about 30 narrowbody planes from AirAsia Group Bhd for a total price of roughly $800 million, people familiar with the transaction said.
