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Nissan bolsters taskforce to prepare for Ghosn broadsides: sources

Nissan Motor Co has strengthened a taskforce of senior officials ahead of an expected onslaught of criticism from former chairman Carlos Ghosn following his dramatic escape from house arrest in Japan, three sources familiar with the matter told Reuters.



5 years ago

Stripteasing Musk launches Tesla SUV program at new China factory

Elon Musk showed off striptease moves at the launch of Tesla's Model Y electric sports utility vehicle program at its new Shanghai factory on Tuesday, where the company delivered its first cars built outside the United States to the public.



5 years ago

Arrest warrant for Ghosn's wife 'pathetic', spokeswoman says

A decision by Japanese prosecutors to issue an arrest warrant for Carlos Ghosn's wife shortly before the fugitive car boss was due to speak publicly about his case was "pathetic", a spokeswoman for Ghosn told Reuters on Tuesday.



5 years ago

German carmakers eye Brandenburg after Tesla expansion push

The German state of Brandenburg has received a flurry of inquiries from German carmakers after electric car start-up Tesla opted to build its European factory there, Brandenburg's Economy Minister Joerg Steinbach told Reuters.



5 years ago

Goldman Sachs renames business units ahead of quarterly results

Goldman Sachs Group Inc said on Tuesday it renamed its main business units ahead of its quarterly results next week, as part of the Wall Street bank's efforts to provide greater transparency for investors into its financial performance.



5 years ago

Facebook defies China headwinds with new ad sales push

Facebook Inc is setting up a new engineering team in Singapore to focus on its lucrative China advertising business, according to three people familiar with the effort, even as chief executive Mark Zuckerberg ramps up criticism of a country that blocks the social network.



5 years ago

South Korea's LG Display to end domestic production of LCD TV panels by end of 2020

South Korean panel maker LG Display Co Ltd will halt domestic production of liquid-crystal display (LCD) TV panels by the end of this year, its chief executive said on Monday, due to dropping LCD prices and a global supply glut.



5 years ago

Factbox: Boeing's 737 MAX compensation deals with airlines

American Airlines is the latest airline to reach a settlement with Boeing Co regarding the grounding of the Boeing 737 MAX airliner.



5 years ago

Ferrari joins European auto lobby ACEA four years after spin-off

Italian luxury carmaker Ferrari has become the latest manufacturer to join the European carmakers' association (ACEA), the auto lobby said on Tuesday.



5 years ago

Goldman Sachs is reorganizing its businesses to highlight its transformation into a digital bank

CEO David Solomon is putting his stamp on the company as it attempts to transition from a somewhat secretive Wall Street trading house to a bank with more diversified revenue streams.

5 years ago

Musk dance moves launch Tesla SUV program at new China factory

Elon Musk showed off his dance moves at the launch of Tesla's Model Y electric sports utility vehicle programme at its new Shanghai factory on Tuesday, where the company delivered its first cars built outside the United States to the public.



5 years ago

Goldman Sachs shakes up business units ahead of quarterly results

Goldman Sachs Group Inc has overhauled its main business units ahead of its quarterly results next week, the Wall Street bank said on Tuesday, as it seeks to provide investors with greater transparency into its financial performance.



5 years ago

Stocks rise, oil cools as anxiety over Mideast recedes

World shares steadied and oil pulled back from multi-month highs on Tuesday after dramatic post-new year moves, as investors judged that prospects of an all-out conflict between the United States and Iran had eased.



5 years ago

Monopoly-Friendly Canada ‘Does Not Treat Competition Policy Seriously’

The Tyee |  Bryan Carney | Jan 6, 2020 John Pecman on why it’s time to beef up the Competition Bureau he led. Canadians like to believe they live in one of the most sophisticated free-market economies in the world. Don’t tell that to John Pecman. Until May of last year, Pecman was commissioner of

5 years ago

Oil slips as investors reassess Mideast risks

Oil prices on Tuesday surrendered some gains made over the previous days as investors reconsidered the likelihood of immediate supply disruptions in the Middle East after the United States killed a top Iranian military commander.



5 years ago