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Business 15 Oct 2018 | 6:39 AM

Korean Air chief indicted on embezzlement, other charges - prosecutors

SEOUL: Korean Air Lines Co Ltd Chairman Cho Yang-ho was indicted on Monday on charges including embezzlement and breach of trust, South Korean prosecutors said, adding to a string of woes at the country’s biggest airline group.

Business 16 Oct 2018 | 12:00 AM

Korean Air chief indicted on embezzlement, other charges

SEOUL: Korean Air Lines Co Ltd chairman Cho Yang-ho has been indicted on charges including embezzlement and breach of trust, South Korean prosecutors said, adding to a string of woes at the country’s biggest airline group.

Corporate News 21 Nov 2018 | 11:00 PM

Prosecutors weigh competing accounts in JD.com CEO rape allegation

MINNEAPOLIS/NEW YORK: On the night of Aug. 30, a 21-year-old University of Minnesota student said she was in a chauffeured black car, trying to keep billionaire JD.com Inc Chief Executive Richard Liu from pulling off her clothes.

Business 29 Nov 2018 | 12:00 AM

Ghosn: I didn’t pass trading losses to Nissan

Former chairman admits to consulting firm about the collateral

Corporate News 12 Dec 2018 | 11:09 PM

Huawei executive Meng Wanzhou must wear ankle monitor, stay at home from 11pm to 6am

VANCOUVER: A top executive of Chinese telecoms giant Huawei Technologies Co Ltd was granted bail by a Canadian court with conditions which included she must wear an ankle monitor and stay at home 11pm to 6am

Corporate News 14 Dec 2018 | 2:12 AM

Renault keeps Ghosn at wheel after probe finds no pay wrongdoing

PARIS: A Renault SA probe found that jailed Chief Executive Officer Carlos Ghosn’s compensation at the French carmaker complied with French law, sending another signal of division with its alliance partner Nissan Motor Co.

Corporate News 30 Jan 2019 | 1:14 AM

Huawei's Meng appears in court as Canada mulls US extradition

VANCOUVER: Huawei Technologies Co Ltd's chief financial officer, the central figure in a high-stakes dispute between the world's two largest economies, made her first appearance in a Canadian court in more than a month on Tuesday as Ottawa weighs extraditing the Chinese executive to the United States.

Auto 08 Feb 2019 | 12:00 AM

Nissan resists having same chairman as partner Renault

TOKYO: Nissan Motor Co is unwilling to support an arrangement with its alliance partner Renault SA that would place the same person in the chairman’s role at both companies, as was the case under jailed former leader Carlos Ghosn, according to a source.

Business 26 Feb 2019 | 12:00 AM

India developers facing difficulty to get loans

Drying up of liquidity comes on top of years of sluggish home sales

Corporate News 06 Mar 2019 | 1:12 AM

Carlos Ghosn, jailed for over 100 days, set to be released on bail

TOKYO: Former Nissan Motor Co Chairman Carlos Ghosn was set to be released on $8.9 million bail on Wednesday after a Tokyo court rejected a last-minute attempt by prosecutors to keep the once-feted executive in prison.