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Exclusive: France plans Renault CEO hunt as board frays over Ghosn – sources

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PARIS (Reuters) – The French government is seeking candidates to replace Renault’s (RENA.PA) embattled boss Carlos Ghosn, sources told Reuters, as board members began to voice doubts about keeping him in office following his indictment in Japan for suspected misconduct. FILE PHOTO: Carlos Ghosn attends the Paris Auto Show, in Paris, France, October 1, 2018. Read More

Equinor ASA: Equinor’s share saving plan allocates shares

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The shares purchased by DNB on behalf of Equinor (OSE: EQNR, NYSE: EQNR) on 10 December 2018 for use in the group’s Share Saving Plan, have on 13 and 14 December 2018 been distributed to the employees in accordance with their savings amount. Following this, the share saving plan has 10,352,671 shares. As participants in Read More

Pentagon corrects $331mn ‘accounting error,’ bills Saudis & UAE for refueling jets bombing Yemen

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The Pentagon is clawing back hundreds of millions of taxpayer-subsidized dollars it gifted to Saudi Arabia and the UAE over a three-year period, when it ‘accidentally’ refueled their aircraft for free during their war on Yemen. US Central Command is “in the process of seeking reimbursement from” the two countries for $331 million in fuel Read More

Birchcliff Energy Ltd. Announces Board Changes

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CALGARY, Alberta, Dec. 13, 2018 (GLOBE NEWSWIRE) — Birchcliff Energy Ltd. (“Birchcliff” or the “Corporation”) (TSX: BIR) is pleased to announce that Ms. Stacey McDonald has been appointed as a director of Birchcliff effective December 14, 2018. Ms. McDonald brings over 13 years of experience in the energy and financial sectors to Birchcliff, including extensive Read More

China's Tencent Music debut strikes a chord with investors

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(Reuters) – Shares of China-based music streaming company Tencent Music Entertainment Group (TME.N) rose in their U.S. debut on Wednesday, as investors shrugged off volatile markets to grab a piece of the fast-growing music streaming industry. Cussion Kar Shun Pang, CEO of Tencent Music Entertainment with the company’s leadership team rings a ceremonial bell to Read More

Tencent Music debut strikes a chord with investors

3 days ago DieselGasoil Comments Off on Tencent Music debut strikes a chord with investors
(Reuters) – Shares of China-based music streaming company Tencent Music Entertainment (TME.N) rose more than 13 percent in their U.S. debut on Wednesday, as investors shrugged off volatile markets to grab a piece of the fast-growing music streaming industry. Cussion Kar Shun Pang, CEO of Tencent Music Entertainment with the company’s leadership team rings a Read More

China's Tencent Music jumps 11 percent in U.S. debut

3 days ago DieselGasoil Comments Off on China's Tencent Music jumps 11 percent in U.S. debut
(Reuters) – Shares of China-based music streaming company Tencent Music Entertainment (TME.N) rose about 11 percent in their U.S. debut on Wednesday, as investors shrugged off volatile markets to grab a piece of the fast-growing music streaming industry. Cussion Kar Shun Pang, CEO of Tencent Music Entertainment with the company’s leadership team rings a ceremonial Read More

Former Malaysian PM Najib, 1MDB ex-CEO face fresh corruption charges

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KUALA LUMPUR (Reuters) – Malaysian prosecutors on Wednesday filed new graft charges against former prime minister Najib Razak and the former chief executive of scandal-linked state fund 1MDB, in the latest cases over alleged theft of billions of dollars from the fund. FILE PHOTO: Malaysia’s former Prime Minister Najib Razak leaves a court in Kuala Read More

Art and cash-filled Rio apartment the new battleground for Nissan, Ghosn: court filing

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SAO PAULO/TOKYO (Reuters) – A Rio de Janeiro apartment containing cash, art works and personal belongings of Carlos Ghosn has emerged as the latest battleground between the indicted former Nissan Motor Co Ltd (7201.T) chairman and the automaker. FILE PHOTO – Carlos Ghosn, Chairman and CEO of the Renault-Nissan Alliance, attends a news conference to Read More

Nissan, Ghosn clash over Rio apartment filled with art, cash: filing

4 days ago DieselGasoil Comments Off on Nissan, Ghosn clash over Rio apartment filled with art, cash: filing
SAO PAULO/TOKYO (Reuters) – A Rio de Janeiro apartment containing cash, art works and personal belongings of Carlos Ghosn has become the latest battleground between the indicted former Nissan Motor Co Ltd (7201.T) chairman and the automaker. FILE PHOTO – Carlos Ghosn, Chairman and CEO of the Renault-Nissan Alliance, attends a news conference to unveil Read More