Recent Posts

Proving conspiracy is Carlos Ghosn’s court tactic

Bloomberg A year after his arrest, Carlos Ghosn‘s strategy to exonerate himself from allegations of fraud and financial wrongdoing is becoming clearer: it’s all a conspiracy. Out on bail, the former chairman and chief executive officer of the global alliance between Nissan Motor Co, Renault SA and Mitsubishi Motors Corp intends to show that prosecutors, the trade ministry and the ...

Read More »

Tata Steel to cut 3,000 jobs as crisis rips through Europe

Bloomberg Tata Steel Ltd plans to cut as many as 3,000 jobs across its European operations to cut costs in the latest blow to the region’s industry, with the move coming amid a heated general election campaign in the UK. About two-thirds of the reductions would be office-based staff, the company said in a statement. While the steelmaker didn’t give ...

Read More »

European car sales up 8.6 % in October

Bloomberg European car sales jumped in October, although not enough to reverse a decline since the start of the year as demand wanes in key markets. Registrations rose 8.6% to 1.21 million vehicles, the European Automobile Manufacturers Association said. The increase was due to a low comparison with a year earlier when sales suffered from new emissions tests. The latest ...

Read More »
Send this to a friend