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Nissan sales in Japan were likely to fall short of targets this year by 5 per cent
Carlos Ghosn, the pioneering chief executive of Nissan Motor, said on Tuesday that sales in Japan were likely to fall short of targets this year by 5 per cent, underscoring the carmaker’s weak perfomance in its crucial domestic market in the face of fierce competion and fickle customers.
BIZ/FINANCE ARTICLES
Dow fell more than 100 points on higher interest rates expectation
Media Release
Dow fell more than 100 points as better-than-expected reports on consumer confidence and the housing market raised interest-rate jitters ahead of the Fed meeting. GM slid nearly 6%. READ MORE>>
The war of influence starts - US will press China to reform and open up its domestic financial system : new US Treasury Secretary
Media Release
Hank Paulson, the former chief executive of Goldman Sachs nominated by President George W Bush to be the new US Treasury Secretary, set the stage for a possible shift in US China policy at his Senate confirmation hearing on Tuesday. READ MORE>>
A consortium of private equity groups has agreed to buy Univision
Media Release
consortium of private equity groups has agreed to buy Univision, the US Spanish-language broadcasting company, for $12.3bn in cash, in a buy-out structured with an aggressive financing package. READ MORE>>
Johnson & Johnson said Monday it is buying Pfizer Inc.'s consumer health care unit for $16.6 billion
Media Release
Johnson & Johnson said Monday it is buying Pfizer Inc.'s consumer health care unit for $16.6 billion in a nearly all-cash deal that strongly boosts J&J's smallest division. READ MORE>>
Central banks will have to move faster to raise interest rates because global inflationary pressures are rising
Media Release
...the economy remains vulnerable to a bang of market turbulence READ MORE>>
New sources of ethanol are required to meet the U.S. demand for energy - Corn is not the answer: Chevron CEO
Media Release
Fifteen percent of the corn crop today goes into fuel, but it's only 2 percent of the fuel READ MORE>>
Berkshire Hathaway fortune, worth well over $40 billion going to Bill & Melinda Gates Foundation
Media Release
Within months, he said, he would begin to give away his Berkshire Hathaway fortune, worth well over $40 billion. Most of it is going to the Bill & Melinda Gates Foundation, he said. READ MORE>>
Oil prices rose this week, while metal prices fell
Media Release
Oil rises on Norwegian strike fears READ MORE>>
Lakshmi Mittal, the billionaire Indian steel tycoon considers raising Arcelor bid
Media Release
Lakshmi Mittal, the billionaire Indian steel tycoon, was Wednesday night weighing up whether to increase his company's €25.8bn ($32.7bn) offer for Arcelor... READ MORE>>
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