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Nissan fires chairman Carlos Ghosn following arrest


He’s been accused by prosecutors of under-reporting $44.6 million of personal income. Nissan Motor Co. fired Carlos Ghosn as chairman Thursday in a dramatic end to the powerful executive’s nearly two decade long reign at the Japanese automaker after his arrest for alleged financial improprieties. In an hours-long meeting, the ...

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Trade tensions simmer as China blames US for unprecedented breakdown of talks at Asia-Pacific summit


Relations sour despite Donald Trump and Xi Jinping expressing optimism about resolving trade war The unprecedented failure to agree on a communique at a major Asia-Pacific summit resulted from certain countries “excusing” protectionism, a major Chinese diplomat has said, in an apparently veiled criticism of the United States. After months ...

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