November 19, 2018

GE brings back former executive to troubled power business

General Electric Co is bringing back former vice chairman John Rice to the conglomerate as chairman of its revamped gas power business, the company said on […]
November 19, 2018

Danske Bank whistleblower says European bank handled $150 billion of payments

The whistleblower who revealed alleged money laundering involving Danske Bank said on Monday that a major European lender helped process up to $150 billion in suspicious […]
November 19, 2018

Global stocks struggle higher, dollar sapped by rate hike uncertainty

World shares struggled higher on Monday amid conflicting signals of a potential truce in the China-U.S. trade dispute, while the Federal Reserve’s new-found concerns over the […]
November 19, 2018

Nissan CEO to propose board oust Ghosn on Thursday

Nissan Nissan Motor Co Ltd CEO Hiroto Saikawa said he would propose removing Chairman Carlos Ghosn at a board meeting on Thursday, citing serious and unacceptable […]
November 19, 2018

Explainer: Danske Bank’s 200 billion euro money laundering scandal

Danske Bank has been caught up in one of the largest-ever money laundering scandals. Howard Wilkinson, the whistleblower who first alerted Denmark’s biggest bank to the […]
November 19, 2018

Oil steadies as market prices in expectations of OPEC supply cut

Oil steadied on Monday, having gained in the previous three sessions from the prospect that top exporter Saudi Arabia will push OPEC and maybe Russia to […]
November 19, 2018

France’s Macron vows to maintain Renault-Nissan stability

France will work to preserve the stability of Renault and its alliance with Nissan , President Emmanuel Macron said on Monday, after the Japanese carmaker took […]
November 19, 2018

Nissan to fire Ghosn over financial misconduct allegations

Nissan Motor Co Ltd said it planned to oust Chairman Carlos Ghosn after alleging he had used company money for personal use and committed other serious […]
November 19, 2018

Carlos Ghosn, the cost cutter with a big price tag

In his 40 years in the auto industry, the praise Carlos Ghosn has won for turning around businesses has regularly been matched by criticism over the […]
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