Trump's remarks came a day before the Fed was set to announce its next decision on interest rates.Politicsread more
In a tweet, Trump said that he and Xi "had a very good telephone conversation," and that "our respective teams will begin talks prior to our meeting."Politicsread more
China is reducing support for its electric carmakers a move experts and industry insiders warn could lead to consolidation and waning investor appetite. But some of the...Technologyread more
Is your CEO on the list? Glassdoor has the results.Power Playersread more
Joseph Gaspar, the chief financial officer at Elbit Systems, said M&A among firms in the sector began to pick up pace in the 1980s and looks set to continue.Paris Air Showread more
Stocks in Asia rose on Wednesday following positive developments overnight on the U.S.-China trade front.Asia Marketsread more
Signs of companies moving out of Hong Kong have emerged, members of the business community told CNBC following massive protests in the city. But one analyst said Hong Kong's...China Politicsread more
Sen. Josh Hawley, a well-known tech critic, introduced legislation on Wednesday that would remove the immunity big technology companies receive for user-posted content under...Technologyread more
In its new "Future Skills" report, LinkedIn has identified what it calls the 10 "rising skills" of the future and the jobs associated with them.Get Aheadread more
Democratic Rep. Maxine Waters on Tuesday requested that Facebook pause its development of Libra, an upcoming cryptocurrency that the company plans to release in 2020.Technologyread more
Has your CEO won over enough workers in Germany to make the cut? Glassdoor reveals.Power Playersread more
Renault is investigating a sponsorship deal with the Chateau de Versailles that included a 50,000 euro ($57,000) personal benefit to its scandal-hit former chairman Carlos Ghosn, the carmaker said on Thursday.
The company now plans to alert prosecutors, it said in a statement, confirming an earlier report in Le Figaro.
Renault's sponsorship of Versailles renovations also covered the rental of the Grand Trianon palace for Ghosn's 2016 wedding reception, the French daily reported.
The carmaker replaced Ghosn as chairman and chief executive on Jan. 24, more than two months after his arrest in Japan over allegations of financial misconduct at Nissan, Renault's 43.4 percent-owned affiliate.
Renault is conducting an internal probe into its own payments to Ghosn in the wake of his arrest. Until now, it had yet to flag any financial irregularities.
The investigation has "identified that Mr Ghosn was accorded a personal benefit valued at 50,000 euros under the terms of a sponsorship contract with the Chateau de Versailles", Renault said on Thursday.
"Renault has decided to bring these findings to the attention of the judicial authorities," it said.
Ghosn remains in detention in Japan with limited opportunity to respond publicly to allegations against him.
The Oct. 8, 2016 wedding reception hosted by Ghosn and his second wife Carole attracted public attention for its opulence and Marie Antoinette-themed costumes.
The Renault board's ethics committee was informed about the discovery on Wednesday, as reported by the newspaper, a source with knowledge of the matter told Reuters.