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Hyundai Home Shopping pressed by US investor to give back $365m

Bloomberg One of Hyundai Home Shopping Network Corp.’s largest investors is calling for the company to return about $365 million in cash to shareholders, realign executive compensation and split off some of its businesses. Dalton Investments, which said its accounts and its clients own a 2.5 percent stake, said in a letter on Tuesday to Hyundai Home Shopping’s board that ...

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Ghosn release on bail in doubt

Bloomberg Carlos Ghosn’s impending release from a Tokyo jail is in jeopardy after prosecutors appealed a decision granting bail to the fallen car titan after 107 days in custody. The prosecution responded just hours after a Tokyo court approved the release of the former Nissan Motor Co. chairman on bail of 1 billion yen. The authorities didn’t disclose the reason ...

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World’s dirtiest air is in India where pollution costs lives

Bloomberg Seven of the top 10 most polluted cities in the world are in India, according to a new study showing South Asia’s battle with deteriorating air quality and the economic toll it’s expected to take worldwide. Gurugram, located southwest of India’s capital New Delhi, led all cities in pollution levels in 2018, even as its score improved from the ...

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