Business News Carlos Ghosn

  • Jan 20- Ousted Nissan Motor Co chairman Carlos Ghosn has offered to post stock he owns in the automaker as collateral, surrender his passports and submit to electronic tracking as part of a renewed effort to persuade a Tokyo court to grant him bail while he awaits trial on charges of financial misconduct, a spokeswoman for the car executive said.

  • People walk past the headquarters of the People's Bank of China (PBOC), the central bank, in Beijing, China September 28, 2018. 

    China's gross domestic product data for the fourth quarter is due to be released at 10:00 a.m. HK/SIN. Economic growth in the country is expected to have cooled to its slowest rate in almost three decades in 2018.

  • TOKYO, Jan 21- The co-chair of a committee set up by Japanese automaker Nissan Motor Co to examine the root cause of alleged financial misconduct by ousted chairman Carlos Ghosn said he believed Ghosn may have had questionable ethical standards. Ghosn, charged with three counts of financial misconduct, has been detained in Tokyo since his arrest on Nov. 19.

  • Pedestrians walk past a big screen showing images of Former Nissan Motor Co. Chairman Carlos Ghosn in a news program on Jan. 8, 2019 in Tokyo, Japan.

    Ex-Nissan chief Carlos Ghosn has not been allowed to have contact with his family and is making a new bid for release.

  • Jan 20- Ousted Nissan Motor Co Chairman Carlos Ghosn said on Sunday he will remain in Japan and follow restrictions by local authorities in exchange for his release from jail in the latest effort to persuade a court to grant him bail while he awaits trial on charges of financial misconduct. Ghosn, the veteran automotive executive detained since his arrest on Nov....

  • Ghosn, charged with three counts of financial misconduct, has been detained in Tokyo since his arrest on Nov. 19. Calls seeking comment from Ghosn's Tokyo- based lawyers went unanswered. All seven members attended the first meeting in Tokyo, including Jean-Baptiste Duzan, an external director based in France.

  • TOKYO, Jan 20- A special committee set up by Nissan Motor Co to examine the root cause of alleged financial misconduct by ousted chairman Carlos Ghosn on Sunday said it appeared that the Japanese carmaker suffered from poor governance procedures, including director compensation. Ghosn has been charged with three counts of financial misconduct and has been...

  • *Ghosn detained in Tokyo since initial arrest on Nov. 19. TOKYO, Jan 18- Carlos Ghosn improperly received $9 million in compensation from a joint venture between Nissan Motor and Mitsubishi Motors, the Japanese automakers said on Friday, raising the possibility of their ousted chairman facing a fresh charge of embezzlement. In the latest twist to the saga of the...

  • *Ghosn detained in Tokyo since initial arrest on Nov. 19. TOKYO, Jan 18- Arrested auto executive Carlos Ghosn improperly received 7.8 million euros in compensation from a joint venture between Nissan Motor Co and Mitsubishi Motors Corp, the companies said on Friday. Ghosn, arrested and detained in Tokyo since Nov. 19, has been indicted in Japan on charges of...

  • TOKYO, Jan 18- Arrested auto executive Carlos Ghosn improperly received 7.8 million euros in compensation from a joint venture between Nissan Motor Co and Mitsubishi Motors Corp, the companies said on Friday. A joint investigation by the companies has found that Ghosn, ousted as chairman from both automakers, received the compensation without discussing it...

  • Plan To Submit Special Appeal As Early As Friday@. Jan 17- Nissan Motor Co Ltd:. *CARLOS GHOSN'S LAWYERS SAY THAT TOKYO COURT HAS REJECTED BAIL APPEAL; PLAN TO SUBMIT SPECIAL APPEAL AS EARLY AS FRIDAY Source text for Eikon: Further company coverage:.

  • French officials traveled to Japan to discuss Ghosn release

    CNBC's Akiko Fujita reports on the arrest of former Nissan chairman Carlos Ghosn.

  • PARIS, Jan 15- The French government is moving to dismiss Renault's scandal-hit Chairman and Chief Executive Carlos Ghosn and has requested a board meeting to consider candidates to replace him, sources with knowledge of the matter told Reuters. France, Renault's biggest shareholder, had until now supported the company's decision to keep Ghosn in office...

  • PARIS, Jan 15- The French government is moving to dismiss Renault's scandal-hit Chairman and Chief Executive Carlos Ghosn and has requested a board meeting to consider candidates to replace him, sources with knowledge of the matter told Reuters. France, Renault's biggest shareholder, had until now supported the company's decision to keep Ghosn in office...

  • PARIS, Jan 15- The French government is moving to dismiss Renault's scandal-hit Chairman and Chief Executive Carlos Ghosn, and has requested a board meeting to consider candidates to replace him, sources with knowledge of the matter told Reuters. France, Renault's biggest shareholder, had until now supported its decision to keep Ghosn in office while he awaits...

  • 14 January 2019, US, Detroit: Jim Hackett (r), CEO of Ford, and Herbert Diess, CEO of VW, talk about the fair together. Industry experts expect the announcement of a cooperation between VW and Ford in the light commercial vehicle sector.

    Both automakers already have commercial vehicles businesses around the world, and the commercial vehicle segment is expected to grow in the near future.

  • TOKYO, Jan 15- The Tokyo District Court on Tuesday denied former Nissan Motor Co Ltd Chairman Carlos Ghosn's request for release on bail after his indictment last week on two new charges, including for aggravated breach of trust. It is rare in Japan for defendants who deny their charges to be granted bail ahead of trial. The arrest of the once-feted executive, who...

  • TOKYO, Jan 15- The Tokyo District Court on Tuesday denied former Nissan Motor Co Ltd Chairman Carlos Ghosn's request for release on bail after his indictment last week on two new charges, including for aggravated breach of trust.

  • 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.

    Jose Munoz, who had been a contender as Nissan CEO, has resigned after the company put him on leave and reassigned him to work on an internal investigation.

  • Jan 13- The wife of ousted Nissan Motor Co Ltd chairman Carlos Ghosn has urged New York- based Human Rights Watch to draw attention to his "harsh treatment" during detention in a Japanese jail, a letter seen by Reuters showed on Sunday. In a nine-page letter to Kanae Doi, the rights group's Japan director, Carole Ghosn asked it to "shine a light on the harsh treatment of my...