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Japan watchdog to recommend $24 million fine for Nissan over Ghosn pay: source

7 hours ago DieselGasoil Comments Off on Japan watchdog to recommend $24 million fine for Nissan over Ghosn pay: source
FILE PHOTO: The Nissan logo is seen at the North American International Auto Show in Detroit, Michigan, U.S., January 14, 2019. REUTERS/Jonathan Ernst TOKYO (Reuters) – Japan’s markets watchdog will likely recommend that the financial regulator fine Nissan Motor Co up to 4 billion yen ($37 million) over the alleged underreporting of former Chairman Carlos Read More

VIDEO of Indian mob lynching Muslim while forcing him to praise Hindu gods sparks national outrage

22 hours ago DieselGasoil Comments Off on VIDEO of Indian mob lynching Muslim while forcing him to praise Hindu gods sparks national outrage
The brutal lynching of a young Muslim man in India has become an object of national attention after a video of the incident went viral, prompting nearly a dozen arrests, and an investigation into a potential cover-up. Police arrested 11 people on Monday in connection to the lynching after the victim’s family showed them the Read More

Hudson’s Bay’s chairman’s buyout bid pits retail versus real estate

3 days ago DieselGasoil Comments Off on Hudson’s Bay’s chairman’s buyout bid pits retail versus real estate
(Reuters) – The success of Hudson’s Bay Co Executive Chairman Richard Baker’s $1.3 billion bid to take the department store operator private hinges on whether an independent valuator will view the company more as a retailer and less as a real estate owner, corporate governance experts and analysts said. FILE PHOTO – U.S. flags fly Read More

Wall Street split on Tesla 2019 delivery promises

2 weeks ago DieselGasoil Comments Off on Wall Street split on Tesla 2019 delivery promises
FILE PHOTO: Newly manufactured Tesla vehicles are shown parked in a large lot next to the airport in Burbank, California, U.S. August 24, 2018. REUTERS/Mike Blake (Reuters) – Tesla Inc shares rose almost 3% in early trade on Wednesday, with analysts still divided on the electric-car maker’s chances of meeting delivery and production targets in Read More

Employees sour on Tesla amid cost-cutting, layoffs

2 weeks ago DieselGasoil Comments Off on Employees sour on Tesla amid cost-cutting, layoffs
SAN FRANCISCO (Reuters) – Tesla Inc’s rankings at two high-profile job websites have declined, suggesting that job dissatisfaction at the electric car company is intensifying amid layoffs, strategy shifts and executive turnover. FILE PHOTO: Tesla workers examine a Model S used for training and tool calibration at the company’s factory in Fremont, California, June 22, Read More

Moscow could enter Europe’s top 10 most attractive tourism destinations by 2025

2 weeks ago DieselGasoil Comments Off on Moscow could enter Europe’s top 10 most attractive tourism destinations by 2025
A study by international consulting company BCG has found that Moscow will continue attracting more travelers. The influx of tourists to the Russian capital will grow by almost half to more than 30 million visits a year. “The successful hosting of the World Cup tournament in summer 2018 showed that Moscow can already offer world-class Read More

Moscow named among world’s top 10 most attractive tourism destinations

2 weeks ago DieselGasoil Comments Off on Moscow named among world’s top 10 most attractive tourism destinations
A study by international consulting company BCG has found that Moscow will continue attracting more travellers; the influx of tourists to the Russian capital will grow by almost half to more than 30 million visits a year. “The successful hosting of the World Cup tournament in summer 2018 showed that Moscow can already offer world-class Read More

U.S. SEC adopts rules to prevent broker conflicts, boost disclosure

3 weeks ago DieselGasoil Comments Off on U.S. SEC adopts rules to prevent broker conflicts, boost disclosure
WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission (SEC) on Wednesday voted to adopt a package of rules requiring brokerage firms to disclose potential conflicts in the fees investors pay and the commissions brokers earn when giving financial advice. FILE PHOTO: A street sign is seen in front of the New York Stock Exchange Read More

Uber’s IPO underwriters recommend buying, estimate deep losses

3 weeks ago DieselGasoil Comments Off on Uber’s IPO underwriters recommend buying, estimate deep losses
SAN FRANCISCO (Reuters) – The underwriters of Uber Technologies’ initial public offering on Tuesday overwhelmingly recommended the company’s shares, even as they estimated deeper losses than previously expected for the ride-hailing service this year. FILE PHOTO: Traders work near the post where Uber is traded on the floor at the New York Stock Exchange (NYSE) Read More

Deluge of analyst reports on Uber expected after IPO quiet period

3 weeks ago DieselGasoil Comments Off on Deluge of analyst reports on Uber expected after IPO quiet period
SAN FRANCISCO (Reuters) – With the quiet period related to Uber Technologies disastrous IPO last month coming to an end, investors can expect a deluge of analyst research initiations on the ride-hailing service. FILE PHOTO: Logo of the Uber is seen on a smartphone screen as a picture of stock exchange graph is displayed on Read More