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Ghosn hires Michael Ovitz for TV, film deals

Bloomberg Hollywood producers eager to dramatise the life of Carlos Ghosn, the former Nissan Motor Co chairman who staged a cinematic escape from Japan in December, are likely to get a simple response: call my agent. Not just any agent. Ghosn is working with Michael Ovitz, the founder of Creative Artists Agency and former president of Walt Disney Co, to ...

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Mahindra shares all set for biggest drop in ten years

Bloomberg Mahindra & Mahindra Ltd shares headed for their steepest decline in more than a decade after the Indian automaker reported a surprise drop in its December-quarter earnings. The stock tumbled 7.2% to 528.2 rupees at 3:21 pm in Mumbai, set for the steepest fall since August 2009, and the worst performance on the 16-member gauge of automakers. Other companies ...

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Wind giants in Germany are not so keen on market rates

Bloomberg The first time Germany auctioned offshore wind projects, developers were happy to forgo any subsidies, confident the technology was robust enough to turn a profit unaided. Now, they’re not nearly so sure. Germany’s offshore wind giants now are looking at a UK programme that would ensure they get paid enough for their power, no matter what wholesale prices are ...

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