Nissan shares slump as global alliance rocked by Ghosn arrest
Nissan Motor Co’s shares fell nearly 6 percent on Tuesday as Chairman Carlos Ghosn’s arrest a day earlier sent shockwaves through the business world and threw into doubt the future of Japan’s No.2 automaker and its global alliance.
Oil prices slip amid broad market sell-off that outweighs expected OPEC cuts
Oil fell on Tuesday, folding under the weight of a broad stock market sell-off that undercut support to prices earlier in the day from expectations that OPEC will introduce new output curbs.
KKR expands Asia infrastructure business with new hires
Global private equity group KKR & Co is expanding its presence in Asia’s infrastructure sector with new hires and is looking at launching a new fund as project spending in the region picks up.
Ghosn not currently fit to lead Renault, says French finance minister
Carlos Ghosn is no longer fit to lead Renault following his arrest in Japan, said French Finance Minister Bruno Le Maire on Tuesday.
Google to invest data center and green energy in Denmark
Alphabet Inc’s Google will invest 4.5 billion Danish crowns ($690 mln) in building a new data center in Fredericia, Denmark, its Danish business said on Tuesday.
Stock markets slide on tech sell-off, dollar sags
Asian stock markets skidded on Tuesday and Europe was expected to follow, pressured by sharp losses on Wall Street as technology firms tumbled on worries about slackening demand.
Nikkei ends at three-week low after Ghosn arrest shocks market, Nasdaq fall drags tech stocks
Japan’s Nikkei fell to a three-week low on Tuesday as a drop in Nasdaq shares dragged down Japanese tech names, while Nissan Motor tumbled on news of Chairman Carlos Ghosn’s arrest and dismissal.
Google to invest $690 million in Danish data center
Alphabet Inc’s Google will invest 4.5 billion Danish crowns ($690 million) in building a new data center in Fredericia, Denmark, its Danish unit announced on Tuesday.
Oil prices drop as broad market sell-off outweighs supply concerns
Oil markets lost steam on Tuesday as a deteriorating economic outlook and a surge in U.S. production outweighed expected supply cuts by the Organization of the Petroleum Exporting Countries (OPEC).
Warburg Pincus plans to raise up to $4 billion for new China fund: sources
Warburg Pincus LLC is looking to raise its second China-focused private equity fund of up to $4 billion, giving the U.S. investment firm more firepower to cut deals in the world’s second-largest economy, sources told Reuters.
