Nissan CEO tells angry shareholders he is ready to be sacked if no turnaround
Nissan’s new chief executive said on Tuesday he would accept being fired if he fails to turn around Japan’s second biggest automaker which is grappling...
Recession risk forces BOJ to row back on inflation goal
The widening economic fallout from the coronavirus outbreak and soft consumption are forcing the Bank of Japan to message more strongly that it is no...
Samsung poised to benefit from China virus woes afflicting Apple, other rivals
Samsung Electronics stands to be a major beneficiary of the China production problems announced by rival Apple Inc on Monday, reaping the rewards of a...
Nissan’s new CEO says willing to be fired if no turnaround
Nissan’s new chief executive said on Tuesday he would accept being fired if he fails to turn around Japan’s second biggest automaker which is grappling...
HSBC sets new cost cutting, profit targets after 2019 profit falls 33%
HSBC Holdings PLC on Tuesday unveiled plans to cut costs and simplify its structure to boost earnings, after its 2019 profit dropped 33% hit by...
Oil prices fall as market weighs coronavirus demand impact
Oil prices fell on Tuesday, tracking losses in financial markets on lingering concerns over the economic impact of the coronavirus outbreak in China and its...
HSBC 2019 profit falls 33%, misses estimates
HSBC Holdings PLC on Tuesday posted a fall of 33% in annual profit, lagging analyst estimates, mainly due to a goodwill impairment of $7.3 billion...
Nissan CEO sees earnings, cashflow under pressure this business year
Nissan Motor Co Chief Executive Makoto Uchida on Tuesday said he expects weak global car sales to keep the Japanese automaker’s earnings and cashflow under...
Oil prices slip as coronavirus concerns linger
Oil prices slipped on Tuesday on lingering concerns over the economic impact of the coronavirus outbreak in China and its effect on oil demand, tracking...
Nissan CEO sees earnings, cashflow under pressure for current financial year
Nissan Motor Co Chief Executive Makoto Uchida on Tuesday said he expects the Japanese automaker’s earnings and cashflow to remain pressured through the end of...