Hit with arrest of ex-chair Ghosn, Nissan profit nose-dives

Business 05/14/19, 05:16

Japanese automaker Nissan, reeling from the arrest of its former chairman Carlos Ghosn, reported Tuesday that annual profit nose-dived to less than half of what it earned the previous year, and forecast even dimmer results going forward.Nissan Motor Co.'s profit ...

With Ghosn gone, Nissan, Renault, Mitsubishi form new board

Business 03/12/19, 03:32

The chief executives of Renault, Nissan and Mitsubishi are setting up a new board to oversee the French-Japanese auto alliance.Renault Chairman Jean-Dominique Senard, Renault Chief Executive Thierry Bollore, Nissan Chief Executive Hiroto Saikawa and Mitsubishi Motors Corp. Chief Executive Osamu ...

Man City ownership buys Chinese club to expand portfolio

Sports 02/20/19, 04:21

Manchester City's Abu Dhabi ownership has expanded its portfolio of soccer clubs by purchasing Sichuan Jiuniu FC, which plays in China's third tier.City Football Group, of which English champion Man City is the flagship team, already has the following partnership ...

Update: Nissan confirms Ghosn dismissed as chairman

Business 11/22/18, 07:41

The Latest on Japanese automaker Nissan Motor Co.'s chairman Carlos Ghosn and allegations of financial violations against him (all times local):9:40 p.m.Nissan Motor Co. has confirmed that its board of directors voted unanimously to dismiss Carlos Ghosn as its chairman ...

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