Renault shares fell 15% amid scandal with the head of Renault-Nissan-Mitsubishi

During trading on the French stock exchange Euronext Paris, shares of the French car manufacturer Renault were down 15%, and by 13:53 Moscow time, they traded at 56 euro 39 cents per share, having fallen 12.5%. The fall was caused by the scandal around the head of the company and the Renault-Nissan-Mitsubishi alliance Carlos Ghosn, who has been accused of under-reporting of personal income for many years. This information was confirmed by the Japanese car manufacturer Nissan Motors, whose director Hiroto Saikawa proposed to the board of directors that Ghosn be immediately removed from his position. The Japanese newspaper Yomiuri has published an article stating that Ghosn has already been arrested. He is suspected in a suspicion of understating income.

20.11.2018
interessante

Sino-U.S. Trade Hopes rally Asian stocks

Sino-U.S. Trade Hopes rally Asian stocks Asian stocks rallied on Monday’s morning trade as China and the U.S. seemed close to agreeing on a “phase one” trade deal. The Office of the U.S. Trade Representative (USTR) said on ...
28.10.2019

Vietnam imposes duties on Chinese and South Korean steelmakers

Vietnam imposes duties on Chinese and South Korean steelmakers Vietnam had imposed five-year tariffs on Chinese and South Korean color-coated steel products after domestic producers said unfair pricing from overseas competitors forced them ...
28.10.2019

AIA’s share price climb following release Q3 business results

AIA’s share price climb following release Q3 business results Share prices of the Hong Kong-based insurer AIA Group Ltd climbed up 4% in Aisa after it had posted business results in the three months to September 30. In a statement released ...
28.10.2019

Oil prices slide despite easing Sino-U.S. trade tensions

Oil prices slide despite easing Sino-U.S. trade tensions Oil prices slid down on Monday in Asia despite easing Sino-U.S. trade tensions. China’s Office of the U.S. Trade Representative (USTR) said on Friday that Beijing and Washington ...
28.10.2019

Glencore to trim copper and zinc production targets

Glencore to trim copper and zinc production targets Glencore PLC said that it would produce slightly less copper and zinc in the year than initially planned. The world’s biggest commodity trader has trimmed their production targets from ...
25.10.2019
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