Business


 

Nissan to replace rock-star chairman amid arrest scandal

TOKYO (AP) — Nissan’s board is meeting to pick a chairman to replace Carlos Ghosn, arrested last month on charges of violating financial regulations. Monday’s meeting comes amid an unfolding scandal that threatens the Japanese automaker’s two-decade alliance with Renault SA of France and its global brand, as well as highlighting shoddy governance at the […]
Tags: Business, News, Ap, Tokyo, Nissan, Carlos Ghosn, Nation & World, Renault SA of France


Foxconn not in settlement talks with Qualcomm in Apple battle: attorney

The lead attorney for the group of Apple Inc device assemblers seeking at least $9 billion in damages from Qualcomm Inc said on Sunday the contract manufacturers are not in settlement talks with the mobile chip supplier and are "gearing up and heading toward the trial" in April.
Tags: Money, businessNews, Qualcomm, Foxconn, Apple Inc, Qualcomm Inc


Bomb explodes outside private Greek TV station, no one hurt

ATHENS, Greece (AP) — A powerful bomb exploded outside private Greek television station Skai, causing extensive damage but no injuries.Police said the blast occurred at 2:35 a.m. Monday outside the broadcaster's headquarters in... [Author: [email protected]]
Tags: Business, ATHENS Greece


Asian shares edge higher with Fed meeting in focus

SINGAPORE (AP) — Asian markets rose Monday on hopes that the Federal Reserve would re-evaluate its hawkish stance at a meeting later this week, following signs of slower global growth.KEEPING SCORE: Japan's Nikkei 225 index added... [Author: [email protected]]
Tags: Business, Japan, Singapore, Ap, Federal Reserve, Fed


Fears for further harm to NZ wine industry after Auckland woman convicted of faking EU export papers

A New Zealand businesswoman has been convicted and fined for faking wine export papers to the European Union, a crime which a judge and winegrowers say may damage the industry's reputation.Joyce Mary Frances Austin, 55, was sentenced... [Author: [email protected]]
Tags: Business, Eu, European Union, New Zealand, Auckland, Nz, Joyce Mary Frances Austin


Fears for further harm to NZ wine industry after Auckland woman convicted of faking EU exports

A New Zealand wine exporter has been convicted and fined for faking wine export papers to the European Union, a crime which a judge and winegrowers say may damage the industry's reputation.Joyce Mary Frances Austin, 55, was sentenced... [Author: [email protected]]
Tags: Business, Eu, European Union, New Zealand, Auckland, Nz, Joyce Mary Frances Austin


Embattled Australian govt forecasts budget "war chest" ahead of tough 2019 election

Australia's government on Monday forecast the strongest budget outlook in 10 years, arming embattled Prime Minister Scott Morrison with a war chest which could fund possible tax cuts ahead of an early 2019 election which he is forecast to lose.Treasurer Josh Frydenberg said Australia's budget deficit for the fiscal year to June 2019 would be slashed to A$5.2 billion ($3.7 billion) from the A$14.5 billion projected back in May.
Tags: Money, Australia, businessNews, Scott Morrison, Josh Frydenberg


South Korea cuts growth outlook, but sticks to equitable economy goal

South Korea cut its 2018-2019 economic growth outlook to the lowest in six years on Monday, with the economy hurt by weak investment and global trade disputes, but it pledged to ensure that the benefits of growth are distributed more equally.
Tags: South Korea, Money, businessNews


France asks Engie to take hedging positions over gas price freeze

The French government said on Sunday it had asked utility Engie to take hedging positions to ensure gas prices do not rise until June next year.
Tags: Money, France, businessNews, Engie


Nissan board aims to boost governance post-Ghosn at Monday's meeting - sources

Nissan Motor's board is expected to meet on Monday, its first since firing chairman Carlos Ghosn last month, to decide on ways to improve governance at the automaker amid rising tensions with alliance partner Renault.
Tags: Money, businessNews, Nissan, Ghosn, Carlos Ghosn, Nissan Motor


Filling re-election coffers, Australian govt sees bigger budget surpluses ahead

Australia's conservative government on Monday forecast the country's strongest budget outlook in 10 years, arming Prime Minister Scott Morrison with a war chest large enough to allow for possible tax cuts ahead of an election in less than six months.
Tags: Money, Australia, businessNews, Scott Morrison


UK signs air service deal with Switzerland for post-Brexit flights

British transport minister Chris Grayling will sign an agreement with Switzerland on Monday to ensure air services continue to operate between the two countries after Brexit.
Tags: UK, Money, businessNews, Switzerland, Chris Grayling


Italy coalition in agreement on budget figures

Italy's coalition government has agreed on the "numbers and contents" of the budget it will propose to Brussels in a bid to avoid disciplinary action over its plans to hike deficit spending next year, a League party spokeswoman said on Monday.
Tags: Money, businessNews, Italy, Brussels, League


Renault seeks Nissan shareholder meeting as Ghosn crisis deepens

Renault requested a full Nissan shareholder meeting, a source close to the company said - appearing to escalate the carmaker's standoff with its Japanese alliance partner in the wake of the pay scandal engulfing Chairman and CEO Carlos Ghosn.
Tags: Money, businessNews, Nissan, Renault, Ghosn


Huawei PowerPoint presentation at centre of US case in China stoush

In August 2013, Huawei CFO Sabrina Meng Wanzhou faced a HSBC banker and did something countless other executives have done before - she gave a PowerPoint presentation.But according to the United States, the presentation was far... [Author: [email protected]]
Tags: Business, China, US, United States, Hsbc, Huawei, Sabrina Meng Wanzhou


Analysis: China's outcast steel machines find unwelcome home in Southeast Asia

China banned induction furnaces last year in a crackdown on polluting producers of low-quality steel, but these machines have made their way to parts of Southeast Asia, hitting domestic steelmakers and fueling safety and environmental concerns.
Tags: Money, China, Southeast Asia, businessNews


Education Department cancels plan for new student loan system and will try again

Just seven months before the scheduled release of a new technology system intended to simplify the repayment process for more than 35 million federal student loan borrowers, the Education Department is scrapping its plan and starting over. The government is the primary lender for students who borrow for college, but it relies on eight outside […]
Tags: Business, News, Education Department


UK restaurant closures surge as consumers lose appetite to spend

More than 1,000 restaurants went bust in Britain in the year through September, a 24 percent rise on the previous 12 months as the industry grapples with overcapacity as consumer spending slows, accountants Moore Stephens said on Monday.
Tags: UK, Money, businessNews, Britain, Moore Stephens


Nissan to replace chairman arrested on financial charges

TOKYO (AP) — Nissan’s board is meeting to pick a chairman to replace Carlos Ghosn, arrested last month on charges of violating financial regulations. Monday’s meeting comes amid an unfolding scandal that threatens the Japanese automaker’s two-decade alliance with Renault SA of France and its global brand, as well as highlighting shoddy governance. Ghosn and […]
Tags: Business, News, Ap, Tokyo, Nissan, Ghosn, Carlos Ghosn, Nation & World, Renault SA of France


Tesla buyers' tax break will be reduced in 2019 — if the federal tax credit is continued

Those of us of a certain age — translation: before video games, handheld devices and Wi-Fi equipped cars — staved off road trip boredom with a variety of games. One was counting the various auto makes and models we came across in our travels. The hubby and I found ourselves doing a version of that last week when we were out running errands. It happened organically when we noticed there were an awful lot of Teslas on Austin's roads. My Central Texas neighbors are not alone in loving . The Inter...
Tags: Texas, Taxes, Congress, Senate, General Motors, Tesla, Austin, House, Gm, Chevrolet, Sam, Trump, Brady, George H W Bush, Congressional, Internal Revenue Service


Hitachi to announce purchase of ABB's power grid business Monday: Nikkei

Hitachi Ltd and ABB will announce on Monday a plan for the Japanese conglomerate to buy the Swiss engineering group's power grid business for up to $7 billion, the Nikkei business daily reported.
Tags: Money, businessNews, Hitachi, Abb, Hitachi Ltd


South Korea cuts GDP outlook, keeps policy of seeking equitable growth

South Korea trimmed economic growth forecasts for both this year and next year on Monday, citing weak investment and global trade disputes, and pledged to employ aggressive fiscal policy to cushion the impact.
Tags: South Korea, Money, businessNews


Global Markets: Asian shares hobbled by mounting risks to global growth

Asian share markets began the week on a cautious note after soft economic data from China and Europe added to evidence of cooling global growth and reinforced anxiety over the broadening impact of international trade frictions.
Tags: Europe, Money, China, businessNews, Global Markets


Best Cashback Credit Card for Shopping

Are you looking for a cashback credit card that you would like to use for shopping? There are numerous cashback credit cards on offer in Singapore. However, only a few… Read more » The post Best Cashback Credit Card for Shopping appeared first on Noobpreneur.com.
Tags: Personal Finance, Credit Cards, Business, Singapore, Cashback Credit Cards


Golfers win reprieve over Chamberlain Park tussle with council

Auckland Council has agreed to halt development works planned for popular Auckland golf course Chamberlain Park, pending a judicial review hearing next June.Opposition group Save Chamberlain Park is challenging the council's decision... [Author: [email protected]]
Tags: Business, Auckland, Auckland Council, Chamberlain Park, Save Chamberlain Park


New bankers survey reveals economic dark spots

A new BNZ survey of its own bankers has revealed where the economy is firing and where it isn't.Retail, agriculture and construction stand out as the weak patches for the economy right now, according to the BNZ Business Banker Survey... [Author: [email protected]]
Tags: Business, BNZ, BNZ Business Banker Survey


Smart billboard will donate to Fred Hollows Foundation each time someone looks at it

Specsavers is claiming a New Zealand first with a smart billboard that will donate $1 to the Fred Hollows Foundation every time someone looks at it.The digital billboard will be live in the Rialto Shopping Centre in Newmarket from... [Author: [email protected]]
Tags: Business, New Zealand, Newmarket, Fred Hollows Foundation, Rialto Shopping Centre


‘Spider-Man: Into the Spider-Verse’ breaks records, ‘Mortal Engines’ sputters

Spider-Man: Into the Spider-Verse webbed up a winning weekend as the top movie in theaters, earning $35.4 million and setting a new record for animated features premiering in December. The post ‘Spider-Man: Into the Spider-Verse’ breaks records, ‘Mortal Engines’ sputters appeared first on Digital Trends.
Tags: Business, News, Trends, Weekend Box Office, Movies & TV, Mortal Engines, Spider-Man: Into the Spider-Verse


Flick customer base drops to 15-month low amid high power prices

High wholesale power prices saw Flick Electric's customer base drop to a 15-month low in November.The firm, 70-per cent owned by Z Energy, supplied just under 21,500 customers on Nov. 30 – down about 1,400 last month and down almost... [Author: [email protected]]
Tags: Business, Z Energy, Flick Electric


Should You Buy Philip Morris International for Its 5% Dividend Yield?

Has the tobacco giant become an undervalued income investment?
Tags: Finance, Article, Philip Morris International, FBN, Motley Fool, Fbn/markets, Fox-business/markets, E0648770-d110-53cb-baa7-a677c365d44e



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