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Nissan is trying to rein in costs as it suffers from sluggish sales and tries to recover from a scandal surrounding ousted chairman Carlos Ghosn.
Carlos Ghosn, former NISSAN chairman, currently under house arrest in Tokyo, is suing Nissan and Mitsubishi in a Dutch court for “improper termination” of his contract, French newspaper Le Figaro reported.
A Japanese court granted embattled former NISSAN chief, Carlos Ghosn, bail Thursday, meaning the he could soon walk out of his Tokyo detention centre to prepare his defence against multiple charges of financial misconduct.
Japanese authorities have hit former Nissan boss Carlos Ghosn with a fresh charge of aggravated breach of trust, the fourth formal indictment against the car sector tycoon.
Carlos Ghosn has accused “backstabbing” Nissan executives of a “conspiracy” to have him arrested over fears he planned to merge the Japanese firm with France’s Renault, in a video released Tuesday.
Former Nissan boss Carlos Ghosn will remain in custody until at least April 14, a Japanese court ruled on Friday, as prosecutors quiz him over fresh allegations of financial misconduct.
Carmakers Renault, Nissan and Mitsubishi Motors unveiled the creation of a joint board Tuesday, seeking a “new start” for their alliance after the arrest of former boss Carlos Ghosn.
A Japanese court on Monday barred Carlos Ghosn from attending a Nissan board meeting, according to local media, as the bailed former chairman prepares his defence against charges of financial misconduct.
Former Nissan chief Carlos Ghosn has posted bail of 1 billion yen ($9m) in cash on Wednesday, paving the way for his release from a Tokyo detention centre after more than three months in custody.
Former auto industry titan Carlos Ghosn moved a step closer to freedom Tuesday as a Tokyo court unexpectedly granted him bail after more than three months in detention.
By changing his lead attorney from a former prosecutor known as “the breaker” to a hotshot trial lawyer nicknamed “the acquitter”, Carlos Ghosn plans a defence in his own image — combative and media-savvy, experts say.
Renault profits fell sharply last year, the French automaker said Thursday in its first annual results since the shock arrest of former boss Carlos Ghosn.
Dr Olatoye Ogundipe, a gynaecologist, on Wednesday, says the gender of a child is not determined by the sex position or duration contrary to beliefs by some people.
The All Progressives Congress (APC) National Chairman, Comrade Adams Oshiomhole, and his National Working Committee (NWC) have finally bowed to pressure by fixing the National Executive Committee (NEC) meeting for Friday, November 22.
The Federal High Court Abuja will on December 4, deliver judgment in the suit filed by the Police Service Commission against the Nigeria Police Force over the recruitment of 10,000 constables.
That’s according to a story in the Daily Mail on Wednesday which claims that Spurs chairman Daniel Levy actually wanted Brendan Rodgers to work his magic in north London.
Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has said that the rise in inflation is temporary and will go down aggressively in another three to four months.
The police on Wednesday arrested the Chairman of the National Conscience Party in Katsina State, Abulmumini SheuSani.
Ahead of the rerun election for the Ikot Ekpene Senatorial seat, Senator Godswill Akpabio and Dr. Chris Ekpenyong, have once again engaged in a war of words over the coveted seat.
The Ijaw Youth Council (IYC) Worldwide has called on the National Assembly to ‘sanction’ Minister of Niger Delta Affairs, Senator Godswill Akpabio, for flouting the Niger Delta Development Commission (NDDC) Act, considering the continuous stay of the Interim Management Committee.
Music icon 2Baba and sensational Afro pop diva Tiwa Savage are billed to headline the 6th edition of the All Africa Music Awards, AFRIMA, music village which holds at Agege Stadium, Lagos, on Thursday, November 21.
Engineer Musa Wada, the candidate of Peoples Democratic Party, PDP, has rejected the result of yesterday’s Kogi gubernatorial election.