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The court did not give a reason for the denial. Bail is rarely granted for defendants in Japan without a confession. Ghosn’s lawyer was not immediately available for comment after the Tokyo District Court announced its decision. Ghosn’s latest bail request had also included an offer to hire guards to monitor him and a promise to remain in Tokyo, where he has leased an apartment. He offered to post stock he owns in Nissan as collateral, his spokeswoman said. An earlier request for bail was denied last week due to concerns the executive, who holds French, Lebanese and Brazilian citizenship, was a flight risk, and that he may tamper with evidence if released.
In a statement released on Monday, Ghosn repeated his intent to clear his name in court, “I will attend my trial not only because I am legally obligated to do so, but because I am eager to finally have the opportunity to defend myself,” he said, “I am not guilty of the charges against me white cufflink shirt and I look forward to defending my reputation in the courtroom.”, The arrest of the once-feted executive who orchestrated the turnaround of Nissan two decades ago, has clouded the future of the partnership between Nissan and Renault..
Ghosn had pushed for a deeper tie-up between Nissan and Renault, including possibly a full merger, despite strong reservations at the Japanese firm. On Monday, Nissan CEO Hiroto Saikawa said it was not the time to discuss revising the partners’ complicated capital ties. Local media have reported that 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. Renault owns a 43.4 percent stake in Nissan, which in turn holds a non-voting 15 percent stake in Renault. The French government owns a 15 percent voting stake in Renault.
ZURICH (Reuters) - Credit Suisse (CSGN.S) is seeing market conditions improve after a tough fourth quarter, Chief Executive Tidjane Thiam said on Tuesday as rival UBS (UBSG.S) reported disappointing fourth-quarter results, “It was a really difficult Q4, you can white cufflink shirt see the results of our peers who have announced (amid) volatile markets,” Thiam told Bloomberg Television in an interview from Davos, “Overall things have gotten better since the beginning of the year, 2019 has started better,” he added..
TAIPEI (Reuters) - Taiwan’s Foxconn (2317.TW), assembler of Apple Inc’s (AAPL.O) iPhones, on Tuesday said it was trying to recruit for more than 50,000 positions across its China campuses for the January-March quarter, amid reports of mass lay-offs. The world’s largest contract manufacturer, formally known as Hon Hai Precision Industry Co Ltd, said in a stock exchange filing that changes in employee numbers were part of its usual adjustments based on global strategy and clients’ needs.
Last week, the white cufflink shirt Nikkei reported that Foxconn had let go around 50,000 contract workers in China since October, months earlier than normal, “Efforts are in progress to recruit for more than 50,000 positions across our China campuses in Q1 2019,” the company told Reuters in an email when asked whether it was actively hiring, The Nikkei report came weeks after Apple cut current-quarter production for new iPhones by 10 percent in the face of slowing demand in China, the world’s largest smartphone market..
Chipmaker Samsung Electronics Co Ltd (005930.KS) and other tech suppliers have also warned of a tech slowdown going into 2019. Foxconn, which sources said makes roughly half its revenue from Apple, reported an 8 percent fall in December sales earlier this month. At Foxconn’s campus in Zhengzhou in central China, thousands of temporary contract workers and some regular staffers left of their own accord due to the lack of weekend work, trimmed overtime opportunities, and reduced or canceled peak-season bonuses, five production line workers there told Reuters last month.
OSLO (Reuters) - Apple (AAPL.O), L’Oreal (OREP.PA) and Mitsubishi Electric (6503.T) are among more than 120 global firms which scored top marks in a ranking of corporate efforts to slow climate change, Many companies say they are stepping up action on climate change since almost 200 governments struck the 2015 Paris climate agreement to phase out greenhouse gas emissions this century by shifting from fossil fuels, But only two percent of 6,800 firms that submitted data made the “A List” white cufflink shirt of CDP’s index, including Johnson & Johnson(JNJ.N), Nestle (NESN.S), China Mobile [CHNMC.UL] and Microsoft (MSFT.O)..