Business News Carlos Ghosn

  • TOKYO, April 22- Japanese prosecutors indicted Carlos Ghosn on Monday on another charge of aggravated breach of trust, a Tokyo court said, the fourth charge against the former Nissan Motor Co Ltd chairman, which his lawyers met immediately with a bail request. Ghosn had been out on bail when authorities arrested him for a fourth time on April 4 on suspicion he...

  • *Prosecutors: Ghosn caused $5 mln in losses to Nissan. TOKYO, April 22- Japanese prosecutors indicted Carlos Ghosn on Monday on another charge of aggravated breach of trust, a Tokyo court said, the fourth charge against the former Nissan Motor Co Ltd chairman, which his lawyers met immediately with a bail request. Ghosn had been out on bail when authorities arrested...

  • *Prosecutors: Ghosn caused $5 mln in losses to Nissan. TOKYO, April 22- Japanese prosecutors indicted Carlos Ghosn on Monday on another charge of aggravated breach of trust, a Tokyo court said, the fourth charge against the former Nissan Motor Co Ltd chairman which his lawyers met immediately with a bail request. Ghosn had been out on bail when authorities arrested...

  • *Following indictment, Ghosn lawyers file request for bail. TOKYO, April 22- Japanese prosecutors indicted former Nissan Motor Co Chairman Carlos Ghosn on Monday on a charge of aggravated breach of trust, a Tokyo court said, bringing a fourth charge against him on the day his detention period was set to expire. Ghosn's lawyers filed a request for bail shortly after...

  • TOKYO, April 22- Carlos Ghosn on Monday applied for bail following his latest indictment over aggravated breach of trust, as the former Nissan Motor Co chairman fights his fourth indictment over financial misconduct. Ghosn's defence team filed the bail request shortly after the indictment was announced, a Tokyo court said in a statement.

  • TOKYO, April 22- Japanese prosecutors indicted former Nissan Motor Co Chairman Carlos Ghosn on Monday on a charge of aggravated breach of trust, a Tokyo court said, bringing a fourth charge against him on the day his detention period was set to expire. The charge, which ensures Ghosn will remain in custody pending another likely bail attempt by his lawyers, comes...

  • Passersby are silhouetted as a huge street monitor broadcasts news reporting ousted Nissan Motor chairman Carlos Ghosn's indictment and re-arrest in Tokyo, Japan December 10, 2018.

    Japanese prosecutors indicted Carlos Ghosn on Monday on another charge of aggravated breach of trust, a Tokyo court said.

  • CARLOS GHOSN INDICTED IN JAPAN ON ADDITIONAL CHARGE OF AGGRAVATED BREACH OF TRUST- MEDIA.

  • TOKYO, April 22- Nissan Motor said on Monday it had filed a criminal complaint against former Chairman Carlos Ghosn related to an aggravated breach of trust under Japan's Companies Act. The Japanese automaker said it had filed the complaint after determining payments made by Nissan to an overseas vehicle sales company through a subsidiary had been directed...

  • A pedestrian looks at an electronic stock board outside a securities firm in Tokyo, Japan, on Tuesday, Dec. 25, 2018.

    Stocks in Asia were mixed on Monday, while markets in Australia and Hong Kong were closed for the Easter Monday holiday.

  • April 19- Nissan Motor Co Ltd will cut global production by about 15 percent for the current fiscal year ending March 2020, as it shifts away from the aggressive expansion campaign promoted by former Chairman Carlos Ghosn, the Nikkei newspaper reported on Friday. That would be the steepest production cut in more than a decade by the Japanese automaker, as it...

  • *Munoz appointment latest reshuffle at Hyundai's U.S. ops. *Munoz to assume two newly created positions at Hyundai. The appointment marks the latest management shake-up at Hyundai's U.S. operations as the South Korean automaker pushes to rejuvenate sales in the world's second-biggest auto market and grapples with a widening probe into its vehicle recalls.

  • An employee passes in front of vehicles on display for sale at a Nissan Motor Co. car dealership in Patchogue, New York, U.S., on Friday, April 27, 2018.

    The comment came after the Nikkei, revered in Japan for its business news and known for its market-moving scoops and previews, said Nissan would cut its global production by about 15 percent for the current fiscal year ending March 2020.

  • April 19- Nissan Motor Co Ltd will cut global production by about 15 percent for the fiscal year ending March 2020 as the company shifts away from the aggressive expansion campaign promoted by former Chairman Carlos Ghosn, the Nikkei newspaper reported on Friday. The Japanese automaker aims to produce about 4.6 million units in fiscal 2019, according to plans...

  • Jose Munoz, chief performance officer of Nissan Motor Co., speaks during the 2018 North American International Auto Show (NAIAS) in Detroit, Michigan, Jan. 15, 2018.

    South Korean automaker Hyundai Motor on Thursday named former Nissan executive Jose Munoz as its global chief operating officer.

  • Munoz, who will take charge on May 1, has also been named president and chief executive officer of Hyundai Motor North America and Hyundai Motor America. He joined Nissan in 2004 in Europe and led its expansion in North America after the global financial crisis. Munoz will be based in California and will report to Hyundai's top leadership in Seoul.

  • TOKYO, April 12- The Tokyo District Court said on Friday it had extended Carlos Ghosn's detention period by eight days, giving prosecutors until April 22 to bring formal charges against the former Nissan Motor Co boss or let him go. Ghosn was arrested for the fourth time last week on suspicion that he had tried to enrich himself at Nissan's expense, to the tune of $5...

  • TOKYO, April 12- The Tokyo District Court said on Friday it had extended Carlos Ghosn's detention period by eight days, giving prosecutors until April 22 to bring formal charges against the former Nissan Motor Co boss or let him go. Ghosn was arrested for the fourth time last week on suspicion that he had tried to enrich himself at Nissan's expense, to the tune of $5...

  • TOKYO, April 12- The Tokyo District Court said on Friday it had extended Carlos Ghosn's detention period by eight days, giving prosecutors until April 22 to bring formal charges against the former Nissan Motor Co boss or let him go. Ghosn was arrested for the fourth time last week on suspicion that he had tried to enrich himself at Nissan's expense, to the tune of $5...

  • TOKYO, April 12- The Tokyo District Court said on Friday it had extended Carlos Ghosn's detention period by eight days, giving prosecutors until April 22 to bring formal charges against the former Nissan Motor boss or let him go. Ghosn was arrested for the fourth time last week on suspicion that he had tried to enrich himself at Nissan's expense, to the tune of $5...