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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 ›

UK pay gap between CEOs and staff widens – lobby group

The earnings of Britain’s top bosses will match a typical worker’s entire annual salary even faster than last year, hitting the mark by Friday lunchtime, a report by the Chartered Institute of Personnel & Development and High Pay Centre said. Read more ›

Tesla shares fall after Musk mocks SEC on Twitter

(Reuters) – Shares of Tesla Inc (TSLA.O) fell as much as 4 percent on Friday, after Chief Executive Elon Musk stirred nerves about the settlement of his securities fraud lawsuit by mocking the U.S. Securities and Exchange Commission on Twitter. Read more ›

Tesla shares jump on Model 3 numbers, Musk deal

(Reuters) – Shares of Tesla Inc (TSLA.O) jumped by almost 18 percent on Monday as Chief Executive Elon Musk settled a lawsuit that had threatened to force him out and said a surge in third-quarter production had driven it to Read more ›

Fears for Musk’s future sink Tesla shares

(Reuters) – Shares of Tesla Inc (TSLA.O) dived 13 percent in early trading on Friday as Wall Street worried a lawsuit from U.S. regulators could force Chief Executive Elon Musk to step down and make it difficult for the loss-making Read more ›

SEC sues Musk for fraud, seek to remove him from Tesla

NEW YORK/SAN FRANCISCO (Reuters) – The U.S. Securities and Exchange Commission on Thursday accused Tesla Inc (TSLA.O) Chief Executive Elon Musk of fraud and sought to remove him from his role in charge of the electric car company, saying he Read more ›

BT approaches Worldpay’s Philip Jansen to be new CEO: Sky News

LONDON (Reuters) – BT Group (BT.L) is in advanced talks to appoint payment technology provider Worldpay’s (WP.N) outgoing co-chief executive Philip Jansen as its new CEO, Sky News reported on Saturday. British Telecom (BT)’s headquarters is seen in central London, Read more ›

U.S. Justice Department probes Musk statement on taking Tesla private

(Reuters) – Tesla Inc said on Tuesday the U.S. Department of Justice was investigating Chief Executive Elon Musk’s public statements in August that he was considering taking the electric carmaker private, the latest and biggest threat to Musk and his Read more ›

Exclusive: Saudi Arabia to auction detained tycoon’s real estate assets – sources

RIYADH (Reuters) – Saudi Arabia will auction real estate owned by indebted billionaire Maan al-Sanea and his company starting next month to help repay billions of riyals due to creditors, sources familiar with the matter told Reuters. FILE PHOTO: A Read more ›