NEWSWORTHY
Tokyo court rejects complaint filed by Ghosn's close aide over detention
The Tokyo District Court rejected Wednesday a complaint filed by a close aide of former Nissan Motor Co. Chairman Carlos Ghosn against the court's latest decision to further extend his detention period over an alleged case of financial misconduct. Greg Kelly, a former Nissan representative ...
Court rejects former Nissan Chairman Carlos Ghosn's appeal to end detention
A Tokyo court on Tuesday rejected ousted Nissan Motor Co. Chairman Carlos Ghosn's appeal to end his detention following his arrest last month on allegations of financial misconduct. Ghosn has been held at the Tokyo Detention House since he was arrested Nov. 19 on suspicion ...
Japan's Olympus to pay $85 million in U.S. for failure to report infections
Olympus Corp. said Tuesday it was fined $85 million in a plea deal reached with the U.S. Justice Department after admitting failure to report infections connected to its duodenum endoscopes to U.S. authorities. In the agreement, Olympus admitted it did not report three separate cases ...
Nissan, fearing former Chairman Carlos Ghosn may remove or destroy evidence, seeks to block his access to an apartment in Rio de Janeiro.
Nissan to recall 150,000 vehicles after new improper inspection practices come to light
Already bogged down in a series of cases of improper vehicle tests, Nissan Motor Co. said Friday that it has found new misconduct and will recall about 150,000 automobiles. While the Yokohama-based automaker has been hit hard recently by the arrest of former Chairman Carlos ...
Trump lawyer met Russian offering 'political synergy,' special counsel reveals
U.S. prosecutors revealed Friday that a Russian offered cooperation to Donald Trump's campaign as early as 2015, declaring that the president's ex-lawyer Michael Cohen had provided "relevant" and "substantial" help to the Russia investigation. In a separate case, federal prosecutors demanded "substantial" prison time of ...
Former Nissan chief Carlos Ghosn may be indicted as soon as Monday
Prosecutors are also planning to re-arrest Ghosn on new charges not yet made public, sources said.
Renault SA is aiming to reach in about a week the first conclusions to its internal probe into whether the pay packages of Carlos Ghosn, along with the French carmaker's other top managers, were properly disclosed to shareholders, according to people familiar with the ...
Japan to exclude Huawei and ZTE from public procurement: source
The move comes amid concerns about security breaches that have led the United States and other countries to ban them from supplying infrastructure products.
Ghosn says he signed papers on receiving underreported pay: sources
Ousted Nissan Motor Co. Chairman Carlos Ghosn admitted to prosecutors that he signed documents on his post-retirement pay that were unreported in the company's securities statements, sources close to the investigation said Thursday. The act of signing, which Ghosn allegedly denied shortly after his arrest ...
Nissan may launch recall in Japan after finding new cases of inspection misconduct
Nissan Motor Co. has found fresh cases of misconduct in vehicle inspections and may launch a recall, sources close to the matter said Thursday, in the latest setback for the global carmaker mired in quality control issues and the arrest of former chairman Carlos ...
Nissan rejects Renault's request to send successor to replace Ghosn
Nissan Motor rejects partner Renault’s request to send a successor with equal authority to replace ousted Chairman Carlos Ghosn amid a heightening leadership tussle, according to sources.
