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Former Nissan boss Ghosn's wife says he may not get fair trial in Japan: CNBC

Carole Ghosn, the wife of former Nissan Chairman and Chief Executive Officer Carlos Ghosn, on Thursday raised doubts about her husband getting a fair trial in Japan in an interview to CNBC.



5 years ago

Toyota to raise stake in Subaru to over 20%: Nikkei

Toyota Motor Corp plans to raise its stake in Subaru Corp to more than 20% from around 17% now, expanding their partnership to invest more effectively in new technologies, Nikkei reported on Friday.



5 years ago

Oil prices fall as supply risk premium fades, demand outlook drags

Oil prices fell on Friday, erasing more of the gains realized after the Sept. 14 attacks on Saudi Arabian oil facilities, as the rapid return of production capacity from the world's top exporter squashed risk premiums.



5 years ago

Asian shares on track for weekly loss amid mounting U.S. political uncertainties

Asian shares were on course for a second straight week of losses on Friday as the release of a whistleblower complaint against U.S. President Donald Trump heightened uncertainties about the global economy, already reeling from Sino-U.S. trade war.



5 years ago

WeWork halts all new lease agreements with property owners: FT

WeWork is halting all new lease agreements with property owners as the U.S. office-sharing startup looks to curtail costs, the Financial Times reported on Thursday citing people briefed on the matter.



5 years ago

Delta buys $1.9 billion LATAM stake, snatching partner away from American Airlines

Delta Air Lines said on Thursday it would buy a 20% stake in LATAM Airlines Group for $1.9 billion, creating a major new airline partnership and ending the Chilean carrier's ties with American Airlines.



5 years ago

Toyota to boost Subaru stake to more than 20%: sources

Toyota Motor Corp plans to raise its stake in Subaru Corp to more than 20% from around 17% now, a deal that would also see the smaller firm invest in Japan's top automaker, two people with direct knowledge of the matter said on Friday.



5 years ago

Asian shares drop to three-week low, U.S. politics adds to gloom

Asian shares slipped to three-week lows on Friday as the release of a whistleblower complaint against U.S. President Donald Trump added to uncertainties about the global economy, already reeling from the China-U.S. trade war.



5 years ago

Motorbike ride-sharing a panacea for Dhaka traffic chaos

Ride-sharing motorbike services are surging in popularity in the Bangladeshi capital of Dhaka, where nightmare traffic often means that walking is faster than traveling by car or bus.



5 years ago

U.S. Justice Department to open Facebook antitrust investigation: source

The U.S. Justice Department will open an antitrust investigation of Facebook Inc , a person familiar with the matter said on Wednesday, marking the fourth recent antitrust probe of the social media company.



5 years ago

Japan auto group says U.S. trade discussions going in direction of avoiding auto tariffs

The chairman of the Japan Automobile Manufacturers Association said on Thursday that trade discussions between the United States and Japan were going in the direction of avoiding auto tariffs and that it was good for both countries.



5 years ago

SoftBank likely to funnel $1 billion more into WeWork after delayed IPO: FT

SoftBank Group Corp is planning to pump an extra $1 billion or more into WeWork by renegotiating a warrant agreement struck before falling valuations delayed the U.S. office-sharing startup's IPO, the Financial Times reported.



5 years ago

Investors are betting on a Clinton-like market rally if House impeaches Trump

Stocks are shrugging it off, but an impeachment of President Trump could impact other events for markets, like the trade war and election.

5 years ago

Bernie Sanders wants to replace Equifax, Experian and TransUnion with public credit registry

Bernie Sanders wants to change the way your credit score is calculated.

5 years ago

Toyota preparing next-gen Mirai fuel-cell car for 2020 launch: chairman

Toyota Motor Corp is preparing to launch the second generation of its Mirai fuel-cell car next year, Chairman Takeshi Uchiyamada said on Wednesday.



5 years ago