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He faces charges that he under-reported his income between 2010 and 2015 to the tune of five billion yen ($46 million) and continued to do so for a further three years. The Tokyo District Court, prosecutors and lawyers for Ghosn were scheduled to meet Thursday to work on preparing for his trial, meaning that Ghosn's new lawyer will be headed to that meeting.
  • US, China envoys hold talks before Trump tariff decision

    US, China envoys hold talks before Trump tariff decision

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    Insisting that China "wants to make a deal very badly", Mr Trump said America has "never been in this position before" in negotiations with Beijing on trade. "March 1, tariffs go up". "We're looking forward to several important days of talks ", Mnuchin said to reporters. "China will continue resisting USA demands in certain areas, such as changes to its industrial strategy and the role of the state in its economy", said Eswar Prasad, a Cornell University economist who was head of the ...
  • Opec tightens its taps as global oil demand stalls

    Opec tightens its taps as global oil demand stalls

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    Khalid al-Falih, 59, who is also chairman of Saudi Aramco, the state-owned oil group, said that the company meant to build an global energy exploration and production business for the first time. The price has largely plateaued since then, in spite of the subsequent imposition of USA sanctions. Analysts were looking for a build of about 2.300 million barrels.
  • Lufthansa Airlines Sues Customer Who Skipped Part Of His Return Flight

    Lufthansa Airlines Sues Customer Who Skipped Part Of His Return Flight

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    Lufthansa has taken a passenger, who didn't show up for the last leg of his ticketed journey, to court in an apparent bid to clamp down on "hidden city" ticketing . Germany's largest airline is suing a penny-pinching passenger - in a first-of-its-kind lawsuit - because he ditched his flight at a layover city to save some cash, according to reports Tuesday.
  • Inflation to fall below target?

    Markets

    Retail inflation declined marginally to 2.05 per cent in January over the previous month on continued decline in food prices , including vegetables and eggs , said government data on Tuesday. EY Item Club economist Howard Archer said it was "pleasing" news for consumers. It softened to 5.4 percent in January, according to economists at Yes Bank Ltd.
  • Apple shipments fall by a fifth in China

    Apple shipments fall by a fifth in China

    Markets

    Last year China's overall smartphone market fell 10.5%, including a 9.7% year-on-year drop in the fourth quarter, but Apple's weak performance will still worry investors. Cook, however, emphasised the long haul, highlighting 19 per cent growth in services revenue, the Bloomberg report said . Nobody told Huawei about the smartphone slump.
  • Reddit Value at $3B After $300M in Finance Led by Tencent

    Reddit Value at $3B After $300M in Finance Led by Tencent

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    Reddit is ranked among the most visited United States websites, and has more than 138,000 "communities" for discussions on various topics. Reddit has raised a new $300 million round of funding from investors including Tencent, Sequoia, Fidelity and Andreessen Horowitz among others.
  • Tesla reduced the staff of the US Department of delivery

    Tesla reduced the staff of the US Department of delivery

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    The feature would use the eight cameras on late-model Tesla cars to monitor people when they get too close to the cars. In 2018, the Tesla Model 3 was the world's best-selling electric vehicle. This year Tesla plans to add another model to its lineup, the Tesla Semi, which the head of Daimler's truck business notoriously mocked as going against the laws of physics.
  • OPEC cuts 2019 oil demand forecast on global slowdown

    OPEC cuts 2019 oil demand forecast on global slowdown

    Markets

    Supply issues in OPEC-member Venezuela are also bolstering oil prices as the South American country suffers a political and economic crisis, with Washington introducing petroleum export sanctions against state-owned energy firm PDVSA. The EIA, however, added a note of caution that USA production would be capping oil price gains. "Saudi Arabia, are intending to push more barrels into the market to offset shortfalls" of heavier grades of crude, the IEA warned.
  • Jamaican Lottery Winner Wears 'Scream' Mask While Claiming $1.2M Prize

    Jamaican Lottery Winner Wears 'Scream' Mask While Claiming $1.2M Prize

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    The person in the mask was only identified as "A. Campbell " and claimed the $158,400,000 prize which amounts to nearly $1.2 million in United States dollars . Sometimes I feel so much pain I forgot that I won". I won!' " he told the newspaper last month. Identified only as A Campbell , the victor of Jamaica's JM$158.4 million Super Lotto arrived at the Spanish Court Hotel in Kingston looking like he was more ready for a Halloween party than anything else.
  • McDonald's launching limited-time Donut Sticks

    McDonald's launching limited-time Donut Sticks

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    The fast-food chain is giving Donut Sticks a try! Since McDonald's sees them as the ideal treat to go with their coffee, there will be a special price when you get a half-dozen Donut Sticks and small McCafé coffee. She went on to explain that the product had been tested in select IL restaurants back in early 2018 - and then again in October 2018 - to get it just right.
  • Activision Blizzard, Inc., (NASDAQ: ATVI)

    Activision Blizzard, Inc., (NASDAQ: ATVI)

    Markets

    The firm's revenue was down 12.6% compared to the same quarter previous year. The publisher of some of the most well-known game titles in the industry, including Call of Duty and World of Warcraft, has seen its stock price almost halved since reaching its 52-week high in October.
  • Ethics commissioner to probe Prime Minister's Office over SNC-Lavalin scandal

    Ethics commissioner to probe Prime Minister's Office over SNC-Lavalin scandal

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    Monday, he said in Vancouver that he'd told Wilson-Raybould that any decision on the subject was hers alone. Canada's ethics watchdog has launched an investigation into allegations that the Prime Minister's Office pressured former attorney general Jody Wilson-Raybould to help construction giant SNC-Lavalin avoid criminal prosecution.
  • Details Emerging On Death Of Crypto CEO Gerald Cotten

    Details Emerging On Death Of Crypto CEO Gerald Cotten

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    Reportedly, QuadrigaCX could not access or locate the cold wallets and/or the wallets had minimum cryptocurrency units. The exchange has about 363,000 users, with 92,000 accounts holding cash or cryptocurrency balances, including one with assets totaling $50 million.
  • Lagonda All-Terrain concept will debut at Geneva motor show

    Lagonda All-Terrain concept will debut at Geneva motor show

    Markets

    Last year, the automaker also said that it intends to make the SUV a genuine rival to the Rolls-Royce Cullinan, which we understood to be a rival more in price and exclusivity than curb weight or sheer size - it's hard to picture Aston Martin design language stretched to the size of a Range Rover competitor.
  • Alberta’s unemployment rate climbs to 6.8% to start 2019

    Alberta’s unemployment rate climbs to 6.8% to start 2019

    Markets

    In the Edmonton census metropolitan area, the unemployment rate rose from 6.3 per cent in December to 6.4 per cent in January. That increase - 16,000 workers - was driven by younger people, Statistics Canada said. Capital Economics also thinks the surprising job gains won't change the Bank of Canada's mind. The central bank stayed on the sidelines last month after five hikes since July 2017, and most analysts expect no action.
  • National Pizza Day 2019: Where to find free and cheap pizza today

    National Pizza Day 2019: Where to find free and cheap pizza today

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    Pizza Hut: Any Large Pizza Hut pizza for $10.99. Read inside for the best National Pizza Day deals this year! Tom's Urban Tom's Urban at New York New York Casino invites guests to celebrate this delicious day with them! Blaze Pizza: Two pepperoni pizzas for just $10 when ordering online.
  • '
Fog of Brexit increasing recession chance': Bank of England

    ' Fog of Brexit increasing recession chance': Bank of England

    Markets

    The ruling Bharatiya Janata Party (BJP) is already in an election mode. "The need is to strengthen private investment activity and buttress private consumption". Whilst rates remain unchanged and growth is lagging, customers are encouraged to lock away money in competitive savings products. The weaker growth outlook came even as the Bank acknowledged that investors have scaled back their expectations on how much interest rates are likely to rise, a key factor underpinning its own ...
  • Amazon may be rethinking plans for New York City headquarters

    Amazon may be rethinking plans for New York City headquarters

    Markets

    The Post report came days after Democrats nominated State Senator Michael Gianaris , a vocal critic of the Amazon project, to the Public Authorities Control Board, which must unanimously approve the Amazon plan. The United Food and Commercial Workers International Union, one of several labor unions that has been critical of Amazon , said it was "outrageous that Amazon is now essentially threatening New York City taxpayers to pay for its new headquarters or else it will leave town".
  • BB&T, SunTrust merger to make nation’s sixth largest bank

    BB&T, SunTrust merger to make nation’s sixth largest bank

    Markets

    SunTrust shareholders will receive 1.295 shares of BB&T for each SunTrust share they own. While it may be tempting to explain the deal by pointing to the partial rollback of the postcrisis Dodd-Frank financial reform law that signed was into law last spring by President Donald Trump , the bulk of that law's measures were targeted at banks far smaller than the one that will be created by this deal, if it is approved by regulators.
  • Tata Motors stocks plunge most in 26 years after Q3 results

    Tata Motors stocks plunge most in 26 years after Q3 results

    Markets

    The firm sold 144,602 vehicles between October and December 2018, down from 154,447 in the same period of the previous year. In a filing to the BSE, the automaker said its performance was impacted by challenging market conditions particularly in China and inventory corrections.
  • U.S. revokes Venezuela visas, rejects dialogue with Maduro

    U.S. revokes Venezuela visas, rejects dialogue with Maduro

    Markets

    In the Colombian border town of Cucuta, where the first US aid arrived Thursday, the American ambassador called on the Venezuelan security forces to allow the aid in. High protein energy supplements were also included for young Venezuelan children suffering from malnutrition. "It's a awful scenario because it does not solve the problem and makes the situation in the country worse", said Leon.