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A one-time titan of the auto industry, Ghosn, who has since been ousted as Nissan chairman, is also accused of aggravated breach of trust in transferring personal investment losses to Nissan. Ghosn denies all the charges against him. Renault board members including the French state’s representatives have yet to be given full access to Nissan’s findings against Ghosn, which have been shared with Renault’s lawyers. The restrictions are justified by judicial confidentiality, the company has said.
Executives from both carmakers - including Renault General Secretary Mouna Sepehri, who oversees communications with the board - had looked at least twice at legal ways to pay Ghosn undisclosed income through RNBV or other shared finances, Reuters revealed last month, Those two efforts were ultimately abandoned, Immediately after Ghosn’s Nov, 19 arrest, however, Nissan told Renault privately it was bmw cufflinks extending its internal investigation to cover their Dutch-registered alliance holdings, Ghosn will make his first public appearance in seven weeks at a Tokyo court on Tuesday after he requested an open hearing for an explanation on his continued detention..
FRANKFURT (Reuters) - Mercedes-Benz’s is not aiming to be the first manufacturer to develop a self-driving car but it wants to be among the first two players able to scale up the technology, Mercedes-Benz executive Christoph Schroeder told German paper Welt am Sonntag. Carmakers and tech companies like Uber [UBER.UL], Google, General Motors, Volkswagen (VOWG_p.DE) are vying to roll out robotaxi services for paying customers as a way to enter the ride-hailing business. Google’s Waymo division has completed the most test miles with prototype vehicles, leading rivals including Volkswagen to acknowledge that Waymo is ahead of the pack in terms of developing a prototype.
SEOUL (Reuters) - South Korean drugmaker Celltrion Inc (068270.KS) aims to set up a joint venture in China within the first half of this year, and begin selling products in the country next year, its chairman said on Sunday, “Since last year, we’ve been pushing on with a plan to set up a joint venture in China,” Chairman Seo Jung Jin told reporters, The firm has been in talks with bmw cufflinks several Chinese companies, he said, declining to elaborate, Celltrion sells drugs known as biosimilars, mainly to Europe and the United States..
(Reuters) - PG&E Corp (PCG.N), the electricity provider in the northern California region ravaged by a deadly wildfire, said it was searching for new directors at its holding company and its utility subsidiary Pacific Gas and Electric Co. The fire broke out on the morning of Nov. 8 near the Northern California mountain community of Paradise, sweeping through the town and killing at least 86 people in the deadliest and most destructive wildfire in state history. PG&E had reported equipment problems near the origin of the fire around the time it began.
PG&E faces billions of dollars of potential liabilities related to the wildfires if an investigation determines its equipment caused them, PG&E, whose shares have lost nearly half of their value since the wildfire, said it is working with a leading search firm to identify new directors and is interviewing several candidates, A company spokeswoman said no decision has been made on whether to increase the size of the bmw cufflinks board or to replace existing members, PG&E said it is reviewing structural options to implement necessary changes while meeting customer and operational needs..
“The board is actively assessing PG&E’s operations, finances, management, structure, and governance,” the company said. The company said it has formed a special board committee that includes independent experts to advise on wildfire safety best practices. Earlier last month, the California Public Utilities Commission (CPUC) opened a proceeding to consider penalties against the company, ordering immediate action against the utility for falsifying safety documents for natural gas pipelines.
LONDON (Reuters) - bmw cufflinks The earnings of Britain’s top bosses will match a typical worker’s entire annual salary even faster than last year, hitting the mark by Friday lunchtime, a report by the Chartered Institute of Personnel & Development and High Pay Centre said, The widening pay gap comes despite pressure from leading investors for excessive pay to be reined in and after several high-profile revolts at company annual meetings in 2018, most notably at Persimmon (PSN.L), Median pay for a FTSE 100 .FTSE CEO in 2017, the most recently disclosed data, was 3.9 million pounds ($4.9 million), the report said, up 11 percent from the previous year, Average full-time worker pay in 2018 was 29,574 pounds a year, it added..