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.
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.
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.
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