Japanese prosecutors to arrest Ghosn on fresh claim, prolonging custody: Sankei
Tokyo prosecutors plan to arrest Carlos Ghosn on a fresh claim of understating his income, the Sankei newspaper reported on Tuesday, in a move that could keep the former chairman of Nissan Motor Co in detention until the end of the year.
Turkey’s Erdogan slams Venezuela sanctions, Maduro defends gold exports
Turkish President Tayyip Erdogan on Monday criticized sanctions on Venezuela during a visit to Caracas, while President Nicolas Maduro defended the country’s right to export gold after U.S. sanctions last month targeted its shipments of the metal.
Oil prices extend gains on expected OPEC-led production cuts
Oil prices rose on Tuesday, extending strong gains from the previous day amid expected OPEC-led supply cuts and a mandated reduction in Canadian output.
U.S. wants to end subsidies for electric cars, renewables: White House
White House economic adviser Larry Kudlow said on Monday the United States wants to end subsidies for electric cars and other items including renewable energy sources.
Qualcomm says China comment will not revive NXP deal
U.S. chipmaker Qualcomm Inc said on Monday it was not looking to revive its abandoned $44 billion acquisition of Dutch peer NXP Semiconductors NV , a day after the White House said China would reconsider clearing a deal if it was attempted again.
Venezuela’s Maduro decries sanctions on gold exports
Venezuelan President Nicolas Maduro said on Monday his country has the right to export gold and sanctions interfering with that are wrong, a month after U.S. President Donald Trump signed an executive order aimed at curbing Venezuelan gold exports.
U.S. broadcaster Nexstar to buy Tribune Media for $4.1 billion
Nexstar Media Group Inc said on Monday it had agreed to buy Chicago-based peer Tribune Media Company for about $4.1 billion in cash, a deal that would make it the largest regional U.S. TV station operator.
World stocks rally on China-U.S. trade war truce, dollar down, yuan up
A truce in the U.S.-China trade war boosted global stocks to their highest in roughly three weeks on Monday, while triggering a dollar sell-off and pushing the Chinese yuan and several trade-dependent currencies higher.
As Fed says on track, narrowing yield curve could complicate debate
Top U.S. Federal Reserve officials say a strong economy will likely keep their rate increase plans intact, but on Monday a key signal began to waver that may intensify debate about whether conditions are as solid as they seem.
Senators, union press GM CEO on plant closings, job cuts
General Motors Chief Executive Mary Barra, facing growing criticism, will meet with Ohio’s two U.S. senators on Wednesday about the Detroit automaker’s plans to idle five North American plants and cut up to 15,000 jobs.
