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Bloomberg Carlos Ghosn’s new lawyer escalated his public appeal to release the former Nissan Motor Co. chairman from prison by hinting at the involvement of a “higher power” in the case and questioning why only Ghosn and an associate have been accused of crimes so far. Junichiro Hironaka, the lawyer hired by Ghosn last month, also said on Monday his ...

Bloomberg Amazon.com Inc., which scrapped a deal this month to open offices in New York after clashing with local politicians, is pulling out of a lease in Seattle that was at the center of a battle with the city council. Last year, as the Seattle City Council was weighing a tax on large employers to fund affordable housing and homeless ...

Bloomberg The owner of Britain’s Daily Mail newspaper will distribute its stake in the publisher of Euromoney magazine to shareholders in a move that will tie the fortunes of Chairman Lord Rothermere closer to the company. Daily Mail investors will see some of their stock exchanged for Euromoney shares. Lord Rothermere, also known as Jonathan Harmsworth, won’t take part in ...

Bloomberg Novartis AG’s new gene therapy targeting a disease that kills infants would be cost-effective at as much as $1.5 million, according to a US nonprofit that assesses the value of drugs, well short of the potential price range the company has suggested. Zolgensma, a one-time treatment for a severe genetic disorder called spinal muscular atrophy, would provide substantial benefits ...

Bloomberg Volkswagen AG’s delicate balancing act between the old and new automotive eras will be on full display this week at the Geneva car show, where a fun-loving electric beach buggy will share the limelight with the trusty Passat sedan. VW’s I.D. Buggy concept combines battery power with styling reminiscent of carefree days tearing around California sand dunes, tapping a ...

Bloomberg Aston Martin fell the most since its controversial initial public offering (IPO) last year as the luxury carmaker said some UK and European buyers are delaying purchases amid uncertainty around Brexit. The stock dropped as much as 18 percent and was trading 17 percent lower at 1,138.6 pence in London. That’s less than two-thirds of the 19-pound price at ...

We were reminded of an explosive political fact this week: The investigations of President Donald Trump’s activities won’t end when special counsel Robert Mueller presents his report to the Justice Department. They’ll move into a new and potentially more divisive phase. “The congressional investigative effort will be ongoing. It will continue through 2020, and beyond if Trump wins re-election and ...

Hong Kong property is coming back. After declining about 10 percent since August, home prices have started rising again. The world’s least affordable housing market may even be prepping for another boom. Green shoots have included increased viewings at project sales and revived interest in government land auctions, with a plot in the northern New Territories selling for a higher ...

How the mighty have fallen. The Tata Group is exploring options for its iconic Jaguar Land Rover Automotive Plc unit including a stake sale or finding a venture partner to jointly develop cars and lower costs, P R Sanjai, Ruth David, Tommaso Ebhardt and David Welch of Bloomberg News wrote, citing people familiar with the matter. At the rate Jaguar ...

The Labour Party’s sudden shift on Brexit isn’t definitive and settles nothing – but in this endless saga of ruinous incompetence, it counts as a hopeful development. After dithering for months, Jeremy Corbyn has said he and his party will support a second referendum to avoid what he calls “a damaging Tory Brexit.” About time. But it isn’t just a ...