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Exclusive: Nissan probe into Ghosn trains lens on 'CEO Reserve' fund, Dutch unit

3 hours ago DieselGasoil Comments Off on Exclusive: Nissan probe into Ghosn trains lens on 'CEO Reserve' fund, Dutch unit
YOKOHAMA, Japan (Reuters) – Nissan Motor Co Ltd investigators are examining former Chairman Carlos Ghosn’s use of an internal ‘CEO Reserve’ fund and the role of subsidiaries in the Netherlands and other countries as part of a probe into alleged financial misconduct, two people with knowledge of the inquiry told Reuters. FILE PHOTO: Carlos Ghosn, Read More

Sky Solar Holdings, Ltd. Reports Unaudited Financial Results for the First Half of Fiscal Year 2018

8 hours ago DieselGasoil Comments Off on Sky Solar Holdings, Ltd. Reports Unaudited Financial Results for the First Half of Fiscal Year 2018
HONG KONG, Dec. 14, 2018 (GLOBE NEWSWIRE) — Sky Solar Holdings, Ltd. (NASDAQ: SKYS) (“Sky Solar” or “the Company”), a global developer, owner and operator of solar parks, today announced its financial results for and as of the first six months ended June 30, 2018. First Half 2018 Highlights Revenue of $33.2 million, up 8.4% Read More

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

Exclusive: Chinese battery firm halts purchases of cobalt from Glencore – sources

19 hours ago DieselGasoil Comments Off on Exclusive: Chinese battery firm halts purchases of cobalt from Glencore – sources
LONDON/BEIJING (Reuters) – Chinese battery firm GEM has stopped buying cobalt from Glencore as the price of the battery material crashed below that agreed in a three-year deal between the two companies, sources close to the matter said. FILE PHOTO: The logo of commodities trader Glencore is pictured in front of the company’s headquarters in Read More

Lawyers of ex-Nissan boss: Carmaker could have planted evidence

23 hours ago DieselGasoil Comments Off on Lawyers of ex-Nissan boss: Carmaker could have planted evidence
SAO PAULO (Reuters) – The battle between Nissan Motor Co Ltd (7201.T) and its ousted Chairman Carlos Ghosn in Brazil’s courts escalated on Thursday after the Japanese carmaker sued his sister alleging “unjust enrichment” and his lawyers alleged Nissan could have planted evidence. FILE PHOTO: The building in which an apartment contained cash, art works 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

Bureau Veritas adds new COO, head of HR

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12/12/2018 Photo: Bureau Veritas COO TJ Johansen. NEW YORK CITY — Bureau Veritas, testing, inspection, and certification TIC services company, has announced the appointments of two leadership roles as the company continues its commitment towards growing in key market sectors and streamlining its business operations across North America.  TJ Johansen was named senior V.P. and Read More

Samsung to shut mobile phone plant in China's Tianjin

2 days ago DieselGasoil Comments Off on Samsung to shut mobile phone plant in China's Tianjin
SEOUL (Reuters) – Samsung Electronics will cease operations at one of its mobile phone manufacturing plants in China, the company said, as its sales in the world’s biggest smartphone market slumps amid rising competition from lower-cost local rivals. FILE PHOTO: The logo of Samsung Electronics is seen at its office building in Seoul, South Korea, Read More