Strategic Retreat: China to relax foreign investment rules - Ghosn Released: Ex-Nissan CEO Carlos Ghosn released on bail
Japanese prosecutors have brought a fourth charge against ex-Nissan chairman Carlos Ghosn. The indictment for aggravated breach of trust could extend his detention pending a bail appeal.
As her husband lingers in jail facing financial malpractice charges, Carole Ghosn went to court for a closed-door hearing over claims her British Virgin Islands-listed company bought a yacht.
The Japanese automaker has accused the once-praised former executive of misusing a "significant amount of the company's funds." Nissan's criminal complaint followed fresh charges against Ghosn from Tokyo prosecutors.
Fiat Chrysler has abandoned its merger offer for Renault which would have created the world's third-largest automaker, after Volkswagen and Toyota. "Political conditions" in France were blamed.
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