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Carlos Ghosn says his family played no role in his escape from Japan

"I alone organised my departure," Ghosn said in a statement issued through French public relations firm Image7.

Carlos Ghosn says his family played no role in his escape from Japan
Updated On : 03 Jan 2020 | 2:53 AM IST

Nissan's shock turns to dread as Carlos Ghosn readies media blitz

Ghosn's vanishing act throws up a distraction just when the new CEO needs to be laser focused.

Nissan's shock turns to dread as Carlos Ghosn readies media blitz
Updated On : 03 Jan 2020 | 2:51 AM IST

Bosch likely to cut around 2,000 jobs in India amid auto sales slump

Carmakers will shed 80,000 jobs across the world in the coming years

Bosch likely to cut around 2,000 jobs in India amid auto sales slump
Updated On : 03 Jan 2020 | 1:21 AM IST

China halts a tie-up between Shanghai and London stock exchanges

The suspension signals deteriorating relations between the UK and China, at a time when British PM Boris Johnson's government aims to strengthen trading ties with the world's second-largest economy

China halts a tie-up between Shanghai and London stock exchanges
Updated On : 03 Jan 2020 | 1:08 AM IST

Coal India posts first decline in annual shipments in at least six years

Shipments fell 3.8 per cent in 2019 from a year ago to 580.8 million tonnes, according to Bloomberg calculations based on data from the state-run company dating back to 2013

Coal India posts first decline in annual shipments in at least six years
Updated On : 02 Jan 2020 | 10:12 PM IST

India isn't winning friends with its openly aggressive lurch to the right

The Indian government is behaving like Viktor Orban of Hungary or Donald Trump himself in its happy embrace of the global right.

India isn't winning friends with its openly aggressive lurch to the right
Updated On : 30 Dec 2019 | 10:52 AM IST

Tesla's China-made cars arrive in Shanghai as firm taps key market

Musk is counting on the China plant to help build on recent momentum for the company in the world's largest market both for EVs and autos

Tesla's China-made cars arrive in Shanghai as firm taps key market
Updated On : 30 Dec 2019 | 10:50 AM IST

For French champagne makers, Trump tariff threat is not the only worry

The US, the second-biggest overseas destination, is threatening 100 per cent tariffs on the drink in response to a French digital-services tax affecting the likes of Alphabet's Google and Amazon.com

For French champagne makers, Trump tariff threat is not the only worry
Updated On : 30 Dec 2019 | 10:47 AM IST

Insurance to futures, China's $45 trn finance industry is set to open up

President Xi Jinping is seeking to cushion the world's No. 2 economy against the steepest slowdown since the early 1990s

Insurance to futures, China's $45 trn finance industry is set to open up
Updated On : 30 Dec 2019 | 10:35 AM IST

China's own Bitcoin: A roller-coaster ride for money, politics is beginning

The digital yuan can disrupt both traditional banking and the post-Bretton Woods system of floating exchange rates.

China's own Bitcoin: A roller-coaster ride for money, politics is beginning
Updated On : 30 Dec 2019 | 8:04 AM IST

How India's economy came back down to earth in just a year's time

India may yet reclaim its mantle as the next big thing, albeit a toned-down and more durable version

How India's economy came back down to earth in just a year's time
Updated On : 29 Dec 2019 | 8:31 AM IST

China scraps benchmark lending rate to liberalise financial system

The LPR, revamped to become the benchmark for new loans this year, is based on the interest rate for one-year loans

China scraps benchmark lending rate to liberalise financial system
Updated On : 28 Dec 2019 | 10:50 PM IST

Joe Biden says he will refuse to testify at Trump's impeachment trial

Biden said earlier this month that he would not testify, saying it would allow lawmakers to "take their eye off the ball" instead of focusing on Trump's actions

Joe Biden says he will refuse to testify at Trump's impeachment trial
Updated On : 28 Dec 2019 | 7:54 PM IST

US denies reports of seeking 20% troop funding boost from South Korea

The deal, known as the Special Measures Agreement, technically expires at the end of this year. But both sides are likely to agree to some sort of temporary extension as they negotiate

US denies reports of seeking 20% troop funding boost from South Korea
Updated On : 28 Dec 2019 | 7:53 PM IST

Putin's Russia is 20 years old and stronger than ever. or is it?

While Putin has repeatedly ruled out amending the constitution to allow another term, most recently during his annual press conference, no other option for staying in power, if that's what he does

Putin's Russia is 20 years old and stronger than ever. or is it?
Updated On : 28 Dec 2019 | 7:48 PM IST

That recession everyone feared just got priced out by a record stock rally

Very big years in markets rarely come right before recessions

That recession everyone feared just got priced out by a record stock rally
Updated On : 28 Dec 2019 | 7:23 PM IST

Guinea Prez, world's longest-serving ruler must reveal assets for IMF aid

The central African country needs an IMF bailout to deal with a crisis that shrank its economy by a third to $13 billion last year

Guinea Prez, world's longest-serving ruler must reveal assets for IMF aid
Updated On : 28 Dec 2019 | 7:10 PM IST

Lufthansa union calls for 3-day strike at Germanwings after talks fail

Eurowings, in a separate statement, said 30 of the group's 140 planes fly for Germanwings. Further talks between the airline and the union are planned for Jan. 16-17

Lufthansa union calls for 3-day strike at Germanwings after talks fail
Updated On : 28 Dec 2019 | 6:55 PM IST

Bill Gates to Kylie Jenner: World's richest gained $1.2 trillion in 2019

Jeff Bezos was down almost $9 billion, but that drop is because of his divorce settlement with MacKenzie Bezos.

Bill Gates to Kylie Jenner: World's richest gained $1.2 trillion in 2019
Updated On : 28 Dec 2019 | 12:09 PM IST

BSE's small brokers are folding up as technology, regulations outpace them

India had slightly more than 2,400 brokerages as of December 24, down from more than 9,000 in March 2014.

BSE's small brokers are folding up as technology, regulations outpace them
Updated On : 28 Dec 2019 | 10:02 AM IST