The arrest, detention and expected dismissal of Carlos Ghosn as chairman of Nissan has been described as a “clinically planned hatchet job”. That’s according to sources close to the detained car industry executive. Mr Ghosn was arrested on Monday night charged with under-reporting his income from Nissan and using company assets for his personal use. […] Read more
The leader of Papua New Guinea, host of this year’s APEC summit, Friday urged respect for international trade rules by “countries large and small” as spats between the US and China threatened to overshadow the gathering. As leaders from Asian Pacific nations prepared to fly in to Port Moresby for their annual meeting, Prime Minister […] Read more
(Reuters) – Tesla Inc has started taking orders for its Model 3 sedan in China for a deposit of 8,000 yuan ($1,153.60), according to the electric carmaker’s China website www.tesla.cn/model3/reserve. Chief Executive Officer Elon Musk said, “Probably some deliveries in March, but April is more certain”, after a Twitter user asked when the deliveries in […] Read more
PORT MORESBY, Papua New Guinea — Vice President Mike Pence ended a week-long trip to the Indo-Pacific region on Sunday amid heightened tension between the U.S. and China and just two weeks before President Donald Trump and Chinese President Xi Jinping are scheduled to hold formal talks amid the superpowers’ trade war. On Sunday, the […] Read more
The CIA has concluded that Saudi Arabia’s Crown Prince ordered the killing of journalist Jamal Khashoggi. The agency says Mohammed bin Salman ordered the assassination in Istanbul, the Washington Post reported on Friday, a finding that contradicts Saudi government assertions that he was not involved. The Post said U.S. officials have expressed high confidence in the CIA […] Read more
WASHINGTON (Reuters) – Forced out of the White House in a feud with first lady Melania Trump, Mira Ricardel on Friday expressed admiration for U.S. President Donald Trump and his wife as a tumultuous week ended for the former deputy national security adviser. Ricardel ran afoul of the first lady in negotiations over government resources […] Read more
(Reuters) – Worries about how fast the computing world will transition to Nvidia Corp’s (NVDA.O) next generation “Turing” graphic chips helped knock 20 percent off the value of its shares on Friday, after results pointed to a huge glut of unsold older generation chips. The world’s biggest maker of graphics cards for computer gaming pinned […] Read more
WHITE PLAINS, N.Y. (Reuters) – Sears Holdings Corp (SHLDQ.PK) won U.S. bankruptcy court approval on Thursday to move forward with plans to stay in business and sell itself, even as it continues to evaluate offers to liquidate its business. FILE PHOTO: A store closing sale sign is posted next to a Sears logo in New […] Read more
WASHINGTON (Reuters) – American prosecutors have obtained a sealed indictment against Wikileaks founder Julian Assange, whose website published thousands of classified U.S. government documents, a U.S. federal court document showed on Thursday. FILE PHOTO – WikiLeaks founder Julian Assange is seen on the balcony of the Ecuadorian Embassy in London, Britain, May 19, 2017. REUTERS/Neil […] Read more
Lion Air flight JT610 crashed into the sea off of Indonesia’s northern coast in October, likely causing the deaths of all 189 people on board. A rescue diver also died in the salvage operation after the crash. Black box investigations into the incident by Indonesian authorities have indicated that the flight “experienced erroneous input from one of its AoA […] Read more