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Nissan updates governance code for cross-shareholding

Bloomberg Nissan Motor Co. updated its corporate governance code, a month after the shock arrest and indictment of former chairman Carlos Ghosn brought differences with partner Renault SA out in the open after a two-decade partnership. As part of the new code, Nissan clarified its policy on cross-shareholdings, in which two companies hold stakes in each other. The board will ...

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Euro economy sees positive signs despite a tough 2018

Bloomberg Despite a flurry of disappointing data, the euro-area economy doesn’t necessarily face a bleak winter. Hidden behind figures that point to a protracted slowdown — such as yet another drop in German business confidence — are a few encouraging signs. For European Central Bank President Mario Draghi, pay gains, rising exports and receding problems in the auto industry offer ...

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London loses way as home for gold miners

Bloomberg Reports that AngloGold Ashanti Ltd is considering a London listing provide some festive cheer to a city that’s lost its way as a home for gold miners. While Toronto, Johannesburg and Sydney have long hosted the biggest producers, London vies with New York as the world’s premier gold trading hub and its financiers have bankrolled the industry since the ...

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