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Carlos Ghosn sues Nissan-Mitsubishi in the Netherlands: paper

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FILE PHOTO: Former Nissan Motor Chariman Carlos Ghosn leaves the Tokyo Detention House in Tokyo, Japan April 25, 2019. REUTERS/Issei Kato AMSTERDAM (Reuters) – Carlos Ghosn has launched a court case in the Netherlands against Japanese carmakers Nissan Motor (7201.T) and Mitsubishi Motors (7211.T), who ousted him as chairman of their alliance last year on Read More

Bayer welcomes judge’s call for new trial in $2 billion glyphosate case

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FILE PHOTO: The logo of Bayer AG is pictured at the facade of the historic headquarters of the German pharmaceutical and chemical maker in Leverkusen, Germany, May 14, 2019. REUTERS/Wolfgang Rattay/File Photo FRANKFURT (Reuters) – Germany’s Bayer AG on Friday welcomed a conditional ruling by a U.S. judge calling for a retrial of the case Read More

Renault’s Senard expects Nissan’s new board to embrace alliance

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PARIS (Reuters) – Renault (RENA.PA) is confident that alliance partner Nissan’s (7201.T) new board will work to reinforce their partnership as it struggles to turn the page on the Carlos Ghosn scandal, Renault Chairman Jean-Dominique Senard said on Thursday. FILE PHOTO: Renault Chairman Jean-Dominique Senard gestures at the end of a joint news conference in Read More

Drug kingpin ‘El Chapo’ sentenced to life in US prison

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Mexican drug lord Joaquin ‘El Chapo’ Guzman has been sentenced to life in prison plus 30 years by a US federal judge. The infamous crime boss was found guilty of trafficking tons of cocaine, heroin and other drugs into the United States as the leader of the Sinaloa Cartel in February. Directly before Wednesday’s sentencing, Read More

Out of the shadows: Australia’s finance regulator told to be more ‘forceful’

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SYDNEY (Reuters) – Australia’s prudential regulator should become less “discreet” and be given more power, including the ability to veto corporate boardroom hires, a government report said, in a sign oversight bodies are being dragged into a banking sector clean-up. The Australian Prudential Regulation Authority (APRA) may need more resources and an expanded armory of Read More

Nomura pays $26.5 million to settle U.S. charges over traders’ lies about bond prices

1 week ago DieselGasoil Comments Off on Nomura pays $26.5 million to settle U.S. charges over traders’ lies about bond prices
NEW YORK (Reuters) – Nomura Holdings Inc will pay $26.5 million to settle U.S. Securities and Exchange Commission charges that it failed to properly supervise five former traders who lied to customers about mortgage bond prices. FILE PHOTO: Investors stand in front of a screen showing the logo of Nomura Holdings in Tokyo, Japan, December Read More

Renault-Nissan audit findings submitted to French prosecutors

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The logos of car manufacturers Renault and Nissan are seen in front of dealerships of the companies in Reims, France, July 9, 2019. REUTERS/Christian Hartmann PARIS (Reuters) – Renault (RENA.PA) has handed French prosecutors the conclusions of an audit into its joint finances with alliance partner Nissan (7201.T), the carmaker said on Friday. The audit, Read More

Financier Epstein pleads not guilty to sex trafficking charges involving girls

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NEW YORK (Reuters) – American financier Jeffrey Epstein pleaded not guilty on Monday to charges of sex trafficking as prosecutors accused him of luring dozens of girls as young as 14 to his luxury homes in New York and Florida and paying them for sex acts. An indictment unsealed in federal court in Manhattan accused Read More

Financier Epstein pleads not guilty to U.S. sex trafficking charges involving girls

2 weeks ago DieselGasoil Comments Off on Financier Epstein pleads not guilty to U.S. sex trafficking charges involving girls
NEW YORK (Reuters) – American financier Jeffrey Epstein pleaded not guilty on Monday to charges of sex trafficking as prosecutors accused him of luring dozens of girls as young as 14 to his luxury homes in New York and Florida and paying them for sex acts. An indictment unsealed in federal court in Manhattan accused Read More

U.S. prosecutors say financier Epstein trafficked girls for sex, ask victims to come forward

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NEW YORK (Reuters) – American financier Jeffrey Epstein was charged with sex trafficking on Monday, as prosecutors accused him of luring dozens of girls as young as 14 to his luxury homes in New York and Florida and paying them for sex acts. Demonstrators hold signs aloft protesting Jeffrey Epstein, as he awaits arraignment in Read More