Business News - The Last 24 Hours

Ghosn may have had questionable ethics, co-chair of external Nissan probe says
Reuters - 23 min 39 sec ago
The co-chair of a committee set up by Japanese automaker Nissan Motor Co to examine the root cause of alleged financial misconduct by ousted chairman Carlos Ghosn said he believed Ghosn may have had questionable ethical standards.

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Reuters - Detained ex-Nissan exec Ghosn promises not to flee Japan if freed - 37 min 42 sec ago

New York Times - Carlos Ghosn Offers Higher Bail and Security Guards in Bid to Be Freed From Jail - 1 hour 3 min ago

CNBC - Carlos Ghosn makes new request for bail, offering up passports and Nissan stock as collateral - 1 hour 3 min ago

Zimbabwe's leader skipping World Economic Forum in Davos after violent protests
CNN - 45 min 3 sec ago
In the wake of violent protests across Zimbabwe, President Emmerson Mnangagwa has announced he will skip the World Economic Forum in Davos, Switzerland, this week.

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CNBC - Trump is going to dominate Davos – even though he won't be there - 6 hours 3 min ago

Indiatimes - Facing populist assault, global elites regroup in Davos - 9 hours 33 min ago

COMMENTARY:

The Guardian - Davos 2019: What to watch for at the World Economic Forum - 13 hours 3 min ago

VIDEO:

Reuters Video - 'We are at the crossroads of history:' WEF founder ahead of Davos 2019 - 5 hours 53 min ago

Cardi B and Tomi Lahren are feuding over the government shutdown
CNN - 57 min 9 sec ago
The Bronx rapper and conservative commentator are taking shots at each other on Twitter.

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CNN - Federal prisons feel the effects of the shutdown - 2 hours 2 min ago

Euronews - Trump warns Nancy Pelosi to 'be careful' after Democrats signal they won't accept his shutdown offer - 5 hours 52 min ago

Indiatimes - The shutdown today: Trump makes offer to Democrats - 22 hours 3 min ago

COMMENTARY:

Zero Hedge - Doug Casey On The Government Shutdown: "Nobody Is Looking At The Important Thing Here" - 13 min 25 sec ago

The Japan Times - Democrats snub Trump’s shutdown-ending ‘compromise’ - 1 hour 3 min ago

BusinessInsider - 2020 Democrats rejected Trump's latest 'compromise' to end the shutdown — here's what they had to say - 5 hours 8 min ago

Vox - SNL tests Trump’s negotiating prowess in ‘Deal or No Deal’: Government Shutdown Edition - 5 hours 40 min ago

LA Times - Government shutdown: A timeline of how we got here - 10 hours 3 min ago

The Guardian - Outside the Washington circus, shutdown havoc spreads - 15 hours 3 min ago

NY Post - Should banks help government employees working during the shutdown? - 17 hours 39 min ago

Where the investigations related to President Trump stand
Indiatimes - 1 hour 33 min ago
WHAT'S THIS ALL ABOUT? Trump is facing investigations in Washington and New York.

CNN - Trump's unhappy anniversary - 8 hours 21 min ago

COMMENTARY:

Zero Hedge - Liberals Love FBI For Anti-Trump Crusade, Yet Agency Actively Avoided Hiring "Progressives" For Years - 3 hours 33 min ago

Tesla gets nod to deliver model 3 in Europe
Indiatimes - 2 hours 33 min ago
Tesla was cleared to begin delivering its Model 3 sedans across Europe, according to Dutch vehicle authority RDW.

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Reuters - Berkshire's lithium venture may supply U.S. automakers, including Tesla: FT - 2 hours 35 min ago

COMMENTARY:

MarketWatch - BookWatch: Tesla will overrun traditional car companies because they still aren’t moving fast enough - 6 hours 5 min ago

Apple's new iPhone case will give you about an extra day of battery life, but it's quite bulky
CNBC - 2 hours 57 min ago
Apple's new iPhone battery case costs $129 and gives you plenty of additional battery life, but it's also bulky and more expensive than using a power bank.

COMMENTARY:

BusinessInsider - I know I am part of Apple's iPhone problem but even after doing all my research, I still don't feel the need to upgrade (AAPL) - 5 hours 3 min ago

Toyota, Panasonic to set up EV battery joint venture next year
Indiatimes - 3 hours 3 min ago
The joint venture, to be owned 51% by Toyota and the rest by Panasonic.

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Reuters - Toyota, Panasonic to set up EV battery JV in 2020: source - 14 hours 6 min ago

Extremely concerned over MPs’ Brexit moves: UK PM office
Indiatimes - 3 hours 3 min ago
Downing Street blasted reported moves by lawmakers seeking to rewrite the rules of the House of Commons in an attempt to take control of the business of the lower chamber in order to frustrate May’s Brexit plans.

Reuters - Eurotunnel boss says a second referendum would still back Brexit - 12 hours 4 min ago

COMMENTARY:

The Guardian - Carmakers ramp up preparations for a no-deal Brexit - 3 hours 5 min ago

Zero Hedge - Second Referendum: Beware The Deception Around A "No Deal" Brexit - 9 hours 3 min ago

The Japan Times - Downing Street says MP moves on Brexit ‘extremely concerning’ - 16 hours 3 min ago

China’s Slowdown Looms Just as the World Looks for Growth
New York Times - 3 hours 41 min ago
In the past, China has helped to pull the global economy out of weak spots. This time, it might not come through.

SCMP - China set to report 2018 saw slowest economic growth for 28 years - 11 hours 48 min ago

Indiatimes - China set to post slowest growth in 28 years in 2018, more stimulus seen - 15 hours 33 min ago

Reuters - China set to post slowest growth in 28 years in 2018, more stimulus seen - 16 hours 59 min ago

Amazon Knows What You Buy. And It’s Building a Big Ad Business From It.
New York Times - 4 hours 2 min ago
The online retail giant is taking advantage of what it knows better than anyone: consumers’ online shopping habits.

COMMENTARY:

BusinessInsider - How consumers rank the top delivery services in the US — and how they stack up against the growing threat of Amazon (AMZN, FDX, USD) - 21 hours 52 min ago

The teams who will play in the Super Bowl will be decided today. Here's our playoffs guide
CNN - 5 hours 49 min ago
What rough beast, its hour come round at last, will slouch towards Super Bowl LIII?z

Sandberg admits to Facebook stumbles, says 'we need to do better' after rough year
CNBC - 6 hours 14 min ago
Facebook COO Sheryl Sandberg outlines five things the social media company is focused on in 2019.

COMMENTARY:

The Japan Times - Stung by Cambridge Analytica debacle, Facebook backs election integrity, AI initiatives in Germany - 1 hour 3 min ago

TechCrunch - Facebook launches petition feature, its next battlefield - 2 hours 41 min ago

LA Times - Gov. Gavin Newsom's Facebook ads in swing states stir 2020 speculation - 18 hours 38 min ago

ProSieben sees pressure easing as Netflix raises prices
Reuters - 6 hours 42 min ago
ProSiebenSat.1 Media believes that price increases by U.S. streaming giant Netflix could ease competitive pressures on the German group's core TV business and is bullish on growth at its e-commerce arm, CEO Max Conze said.

COMMENTARY:

BusinessInsider - The top 7 shows on Netflix and other streaming services this week - 5 hours 18 min ago

Budget: PHD Chamber expects reforms in farm sector, rationalisation of direct taxes
Indiatimes - 7 hours 3 min ago
Consistent indirect tax revenue growth along with reduction in GST rates by the government indicates that the tax base is widening and economic activity is rapidly expanding in India, it said.

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Indiatimes - Thousands of taxpayers get notices for minor defaults - 15 hours 33 min ago

Reuters - EU tax on big digital companies could be struck by March: French minister - 21 hours 48 min ago

COMMENTARY:

LA Times - With a ballot fight looming, Gov. Gavin Newsom suggests dealmaking to revamp California's tax system - 12 hours 58 min ago

Paris informs Tokyo it wants Renault and Nissan to integrate - Nikkei
CNBC - 7 hours 26 min ago
A French government delegation has informed Tokyo that it would seek an integration of Renault and Nissan, most likely under the umbrella of a single holding company, the Nikkei reported on Sunday.

RELATED:

Reuters - Paris informs Tokyo it wants Renault and Nissan to integrate: Nikkei - 18 hours 28 min ago

COMMENTARY:

The Japan Times - France downplays Renault-Nissan merger idea as Carlos Ghosn stays in Japanese jail - 1 hour 3 min ago

Nissan special committee says carmaker suffered from poor governance
Reuters - 7 hours 42 min ago
A special committee set up by Nissan Motor Co to examine the root cause of alleged financial misconduct by ousted chairman Carlos Ghosn on Sunday said it appeared that the Japanese carmaker suffered from poor governance procedures, including director compensation.

Mahagathbandhan an alliance of corruption, negativity: PM Narendra Modi
Indiatimes - 8 hours 3 min ago
Leaders from over a dozen opposition parties gathered in Kolkata Saturday and vowed to put up a united fight in the coming Lok Sabha elections and oust Modi from power.

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Indiatimes - Mahagathbandhan an alliance of corruption, negativity: PM Narendra Modi - 11 hours 3 min ago

Canadian telco Telus backs China’s Huawei as 'viable and reliable'
SCMP - 8 hours 11 min ago
One of Canada’s largest phone companies is standing by its partnership with Huawei Technologies Co., the Chinese firm at the center of rising diplomatic tensions between Beijing and Ottawa. Telus Corp. sent a memo to employees last week, sticking by its work with Huawei, the Globe and Mail newspap ...

COMMENTARY:

Zero Hedge - 5G, Huawei, and Us - America Hates Competition - 17 hours 3 min ago

BusinessInsider - The reclusive founder of Huawei broke years of silence after his daughter's arrest in Canada to say he misses her 'very much' - 23 hours 54 min ago

Once 'fragile', Indian economy now world's fastest-growing: PM Modi
Indiatimes - 8 hours 33 min ago
Modi said the country had moved from scams to schemes in the last five years.

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Indiatimes - India likely to surpass UK in the world's largest economy rankings: PwC - 13 hours 3 min ago

Small electric cars may be unaffordable for some: VW chairman to newspaper
Reuters - 9 hours 16 min ago
The move to electric vehicles will make cars significantly more expensive, meaning they may become unaffordable for people on low incomes in the future, the chairman of Volkswagen said in an interview published on Sunday.

COMMENTARY:

The Japan Times - Toyota and Panasonic plan to produce electric car batteries at joint venture in 2020 - 12 hours 3 min ago

Salvini to Macron: Work with me to arrest Italian 'assassins' hiding in France
Euronews - 13 hours 8 min ago
Italy's Interior Ministry said it is looking for 30 criminals wanted in their native country but hiding abroad.

Vijay Mallya can’t stay in UK by making political vendetta claims: Judge
Indiatimes - 15 hours 3 min ago
"The argument in this regard is mere fiction of his imagination to pose himself as a law-abiding citizen," Azmi said in a 55-page order declaring Mallya as fugitive economic offender.

RELATED:

BBC - China's slowdown and what it means for the UK - 18 hours 50 min ago

Theresa May wants Irish treaty to break Brexit impasse: Paper
Indiatimes - 16 hours 3 min ago
British Prime Minister Theresa May plans to seek a bilateral treaty with the Irish government as a way to remove the contentious backstop arrangement from Britain's divorce deal with the European Union, a newspaper reported.

China wants consumers to drive economic growth, but they are already being squeezed
SCMP - 17 hours 24 min ago
Yu Mingang had a good job helping Chinese manufacturers prepare to sell shares to the public until the cooling economy derailed those plans. As demand for auditing services sank, the 25-year-old accountant in the eastern city of Hangzhou was laid off in December. Yu tightened his belt: No more trips ...

Trade deal could very well happen with China, says Donald Trump
Indiatimes - 18 hours 33 min ago
Officials from the two countries are currently holding talks on issues related to bilateral trade. Trump on Saturday exuded confidence that the two countries are nearing a trade deal.

World Bank arm IFC sees US$20 trillion worth of green investment opportunities in India, Asia-Pacific
SCMP - 19 hours 1 min ago
International Finance Corporation (IFC), a private equity and venture capital arm of the World Bank Group, is set on climate related investments, with US$20 trillion worth of opportunities in Asia-Pacific and India by 2030. According to the IFC, 60 per cent of the area expected to be urban worldwide ...