Recent Posts

Top Nissan executive plans to leave for electric motor firm

Bloomberg Nissan Motor Co’s third-highest-ranked executive is planning to leave the company to join a leading electric-motor company, an abrupt move that deals yet another blow to the scandal-plagued Japanese carmaker. The shares fell to their lowest in 8 years. Jun Seki, the vice chief operating officer in charge of Nissan’s performance recovery, plans to join Japanese manufacturer Nidec Corp ...

Read More »

First high-speed rail IPO in China comes as more opening hinted

Bloomberg The operator of China’s high-speed rail line between Beijing and Shanghai kicked off its initial public offering, which will for the first time allow investors to buy shares in what is the world’s largest such network. Beijing-Shanghai High-Speed Railway Co, a unit of state-owned China Railway Corp, plans to sell as many as 6.3 billion new shares, or 12.8% ...

Read More »

Uber’s Travis Kalanick to leave board to focus on new business

Bloomberg Uber Technologies Inc’s former Chief Executive Officer Travis Kalanick is stepping down from the board, severing his last ties to the company he co-founded a decade ago and helped become one of the world’s most valuable, and controversial, startups. Kalanick, 43, has sold all of his remaining shares in the ride-hailing giant and plans to focus on his new ...

Read More »
Send this to a friend