New cars at the Nissan factory in Sunderland, UK. File/Reuters
The CEO of crisis-hit Japanese automaker Nissan plans to resign, reports said on Monday, as the firm’s board meets to discuss an audit launched after former chief Carlos Ghosn’s arrest over financial misconduct.
Nissan Motor Co is not currently considering asking embattled CEO Hiroto Saikawa to resign, two people with knowledge of the matter told Reuters on Friday, a day after he admitted
Under Japanese law, suspects can be held for up to 20 days before being indicted or released, and are not allowed to have their lawyers present during questioning by prosecutors. Once charged, defendants are often refused bail by courts.
Former Nissan Motor Co Ltd executive Greg Kelly denied charges he helped ex-boss, Carlos Ghosn, hide income as the American lawyer’s trial opened in Tokyo on Tuesday almost two years after Japanese prosecutors arrested the pair.
International traffic climbed 48.0% versus April 2022 with all markets recording healthy growth, with carriers in the Asia-Pacific region continuing to lead the recovery. International RPKs reached 83.6% of April 2019 levels.
The International Air Transport Association (IATA) announced continued strong passenger traffic demand in April. Total traffic in April 2023 (measured in revenue passenger kilometers or RPKs)
Global additions of renewable power capacity are expected to jump by a third this year as growing policy momentum, higher fossil fuel prices and energy security