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Ex-Nissan boss Ghosn to walk free again after posting $4.5 million bail

37 mins ago DieselGasoil Comments Off on Ex-Nissan boss Ghosn to walk free again after posting $4.5 million bail
TOKYO (Reuters) – Former Nissan Motor Chairman Carlos Ghosn was set to walk out of a Japanese detention center for a second time since his arrest last year on financial misconduct charges, after posting the $4.5 million bail set by a Tokyo court on Thursday. FILE PHOTO : Former Nissan Motor Chairman Carlos Ghosn sits Read More

Ex-Nissan boss Ghosn to walk free, again, after court sets bail at $4.5 million

3 hours ago DieselGasoil Comments Off on Ex-Nissan boss Ghosn to walk free, again, after court sets bail at $4.5 million
FILE PHOTO : Former Nissan Motor Chairman Carlos Ghosn sits inside a car as he leaves his lawyer’s office after being released on bail from Tokyo Detention House, in Tokyo, Japan, March 6, 2019. REUTERS/Issei Kato TOKYO (Reuters) – Former Nissan Motor Co Chairman Carlos Ghosn looked set to walk out of a Japanese detention Read More

Doctor suspended for 6 weeks after calling for rape of women

18 hours ago DieselGasoil Comments Off on Doctor suspended for 6 weeks after calling for rape of women
An emergency department doctor in Australia has been suspended by the Medical board for six weeks after he repeatedly called online for women to be raped. Dr Christopher Kwan Chen Lee, 31, was suspended by the Tasmania Health Service after being found guilty of “professional misconduct” for making egregious and racist comments in a Singaporean Read More

Adding to Ghosn woes, Nissan slashes profit outlook to near-decade low

23 hours ago DieselGasoil Comments Off on Adding to Ghosn woes, Nissan slashes profit outlook to near-decade low
TOKYO (Reuters) – Nissan Motor Co slashed its full-year profit forecast to its lowest in nearly a decade due to weakness in the United States, just as it adjusts to life without Carlos Ghosn and charts its future with alliance partner Renault SA. FILE PHOTO: A Nissan logo is pictured during the media day for Read More

Australian retail shareholder group says to vote against AMP pay proposals

24 hours ago DieselGasoil Comments Off on Australian retail shareholder group says to vote against AMP pay proposals
SYDNEY (Reuters) – Australia’s most prominent retail shareholder group said on Wednesday it will vote against AMP Ltd’s executive pay proposals for a second straight year, adding to pressure on the board of the country’s largest listed wealth manager. FILE PHOTO: The logo of AMP Ltd, Australia’s biggest retail wealth manager, adorns their head office Read More

Adding to Ghosn woes, Nissan set to further slash profit outlook: report

1 day ago DieselGasoil Comments Off on Adding to Ghosn woes, Nissan set to further slash profit outlook: report
TOKYO (Reuters) – Nissan Motor Co Ltd could be heading for a bigger-than-expected earnings drop due to weakness in its top markets, just as it adjusts to a future without Carlos Ghosn and grapples with the outlook of its alliance with France’s Renault SA. FILE PHOTO: A Nissan logo is pictured during the media day Read More

Lawyer for Platinum founder says investors knew and accepted risks

1 day ago DieselGasoil Comments Off on Lawyer for Platinum founder says investors knew and accepted risks
NEW YORK (Reuters) – Investors in the defunct billion-dollar hedge fund firm Platinum Partners had ample notice they might not get their money back, a lawyer for Platinum founder Mark Nordlicht told jurors on Tuesday, urging them to acquit his client of criminal fraud charges. FILE PHOTO: Mark Nordlicht, Platinum Partners founding partner and chief Read More

Exclusive: British Telecom’s Italian job had London roots, say investigators

2 days ago DieselGasoil Comments Off on Exclusive: British Telecom’s Italian job had London roots, say investigators
MILAN (Reuters) – A criminal investigation into accounting fraud inside British Telecom’s Italian unit has uncovered more evidence of what prosecutors say was the involvement of senior executives in artificially inflating the division’s financial performance. FILE PHOTO: A BT (British Telecom) company logo is pictured on the side of a convention centre in Liverpool northern Read More

Ex-Nissan chairman Ghosn applies for bail over latest indictment

3 days ago DieselGasoil Comments Off on Ex-Nissan chairman Ghosn applies for bail over latest indictment
FILE PHOTO: Former Nissan Motor Chairman Carlos Ghosn accompanied by his wife Carole Ghosn, arrives at his place of residence in Tokyo, Japan, March 8, 2019. REUTERS/Issei Kato TOKYO (Reuters) – Carlos Ghosn on Monday applied for bail following his latest indictment over aggravated breach of trust, as the former Nissan Motor Co chairman fights Read More