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Nissan shareholders add new directors

Bloomberg As Nissan Motor Co’s shareholders met on Tuesday to place new management on the board, the backdrop was grim. Sales and profitability are declining, a turnaround plan isn’t due for another three months and the stock is hovering near decade lows. Chief Executive Officer Makoto Uchida, Chief Operating Officer Ashwani Gupta, Executive Vice President Hideyuki Sakamoto and Renault SA ...

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Singapore budget gives $6.4b boost to economy

Bloomberg Singapore unveiled a series of support packages in its budget on Tuesday to help cushion the economy against the coronavirus outbreak and job risks. Finance Minister Heng Swee Keat said he will set aside S$800 million ($575 million) to fight the spread of the coronavirus outbreak, and provide two economic support packages totalling S$5.6 billion to support businesses and ...

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China to widen its tariff waiver for US

Bloomberg China will start accepting applications for tariff waivers on a wide range of American commodities as it seeks to show commitment to keeping its side of the trade deal with the Trump administration. China’s Ministry of Finance on Tuesday published a list of 696 American products including soybeans, beef, corn, wheat, crude oil and liquefied natural gas that will ...

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