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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 ›

Nigeria’s Buhari launches re-election bid with corruption still in focus

ABUJA, Nov 18 (Reuters) – Nigerian President Muhammadu Buhari launched his manifesto on Sunday, hoping his anti-corruption agenda can win him a second term at a Feb. 16 election. Buhari, a military ruler in the early 1980s, in 2015 became Read more ›

Tesla must defend lawsuit alleging abuse of foreign workers

(Reuters) – A federal judge has ruled that Tesla must defend itself at a trial over allegations it knew foreign workers at its California assembly plant were threatened with deportation if they reported an injury and worked long shifts that 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 ›

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 ›

AstraZeneca CEO warns of medicine shortages after Brexit: Sunday Times

LONDON (Reuters) – Britain could see widespread medicine shortages if there is no deal to prevent friction at the border with the European Union after Brexit, the AstraZeneca chief executive told the Sunday Times. A sign is seen at an 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 ›

Nike stores closed in South Africa amid outcry over racist web post

(Contains offensive language in paragraph 3.) A man reacts as he finds a Nike store closed in Johannesburg, South Africa, August 22, 2018. REUTERS/Siphiwe Sibeko By Ed Stoddard JOHANNESBURG (Reuters) – Some Nike (NKE.N) stores were closed in South Africa Read more ›