The Carlos Ghosn circus opened in Lebanon, with the ringmaster demanding rapt attention. Some 120 journalists from around the world, armed with cameras and cellphones, crammed in a room to hear Ghosn defend himself for the first time since he escaped from Japan last week. Ghosn, the former chairman of Nissan Motor Co. — and the creator of the Renault-Nissan-Mitsubishi ...

CLSA Ltd. is losing its identity. That’s bad news for its parent’s ambitions to build a globally competitive Chinese investment bank in the mold of Goldman Sachs Group Inc. Citic Securities Co. is tightening control over CLSA following an exodus of employees and top executives from the Hong Kong-based brokerage last year, Cathy Chan of Bloomberg News reported, citing people ...

Flashback to mid-December. British voters had just delivered a decisive national election victory to Boris Johnson’s Conservatives with two full weekends left before Christmas. Expectations were high that shoppers, giddy at the prospect of an end to political gridlock and repetitive threats of hard Brexit, would rush to the stores to make up for lost time in their holiday preparations ...