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Nissan top exec Munoz resigns amid broadened Ghosn probe

(Reuters) – One of Nissan Motor Co’s (7201.T) top executives has resigned, further rattling the Japanese automaker’s management team as it broadens an investigation into ousted Chairman Carlos Ghosn’s alleged financial misconduct. FILE PHOTO: Jose Munoz, Chairman of Nissan North Read more ›

Trump intervention comment may be gift to Huawei CFO

VANCOUVER/HONG KONG (Reuters) – Huawei executive Meng Wanzhou, released on bail on Tuesday to await a ruling on U.S. extradition at one of her luxury Vancouver homes, may have received welcome ammunition in court from an unlikely source – President Read more ›

Brazil’s police to probe incoming Economy Minister Guedes: report

FILE PHOTO: Economist Paulo Guedes, future economy minister of Brazil’s President-elect Jair Bolsonaro arrives for a meeting in Brasilia, Brazil November 20, 2018. REUTERS/Adriano Machado SAO PAULO (Reuters) – Brazil’s federal police opened an investigation into incoming Economy Minister Paulo Read more ›

Vivendi reaffirms support for TIM CEO, decries ‘rumor campaign’

PARIS/MILAN (Reuters) – Top shareholder Vivendi (VIV.PA) reaffirmed its support for Telecom Italia’s (TIM) (TLIT.MI) Chief Executive Amos Genish, while accusing activist fund Elliott of running a “rumor campaign” to discredit him. Telecom Italia CEO Amos Genish gestures during a Read more ›

Vivendi reaffirms support for TIM CEO, decries ‘rumor campaign’

PARIS/MILAN (Reuters) – Top shareholder Vivendi (VIV.PA) reaffirmed its support for Telecom Italia’s (TIM) (TLIT.MI) Chief Executive Amos Genish, while accusing activist fund Elliott of running a “rumor campaign” to discredit him. Telecom Italia CEO Amos Genish gestures during a Read more ›

U.S. office vacancy rate remains flat in third quarter – Reis

(Reuters) – U.S. office vacancy rate was unchanged at 16.6 percent in the third quarter, according to real estate research firm Reis Inc (REIS.O). FILE PHOTO: A worker repositions himself as he repairs a window at an office tower in Read more ›

In Trump win, Canada, U.S. deal saves NAFTA as trilateral pact

OTTAWA/WASHINGTON (Reuters) – The United States and Canada forged a last-gasp deal on Sunday to salvage NAFTA as a trilateral pact with Mexico, rescuing a three-country, $1.2 trillion open-trade zone that had been about to collapse after nearly a quarter Read more ›

U.S., Mexico delay trade text for more time to land U.S.-Canada deal

WASHINGTON/MEXICO CITY (Reuters) – The United States and Mexico abruptly canceled plans to publish the text of their trade agreement on Friday to give Canada and the Trump administration more time to resolve their differences and save the North American Read more ›

Harris Corp to build core processor for Lockheed’s F-35 jet

(Reuters) – Lockheed Martin Corp’s (LMT.N) aeronautics unit said on Thursday an important processor of its F-35 fighter jet will be built by Harris Corp (HRS.N), reducing the device’s cost by 75 percent. FILE PHOTO – Trade visitors are seen Read more ›

U.S. fintech Stripe valued at $20 billion in latest funding round

(Reuters) – U.S. payments firm Stripe said on Wednesday it has raised $245 million in a new round of funding, valuing the company at $20 billion. Stripe will use the funds to improve its key areas, including rapidly expanding its Read more ›