One site for Breaking News, Politics, Sports, Entertainment & more!

Newz Chooze

Japanese says it will face additional expenses linked to payments to former chairman Japanese carmaker Nissan has cut its full-year profit forecast and taken a 9.2bn yen (£65m) charge related to the scandal around its former chairman, Carlos Ghosn, who was arrested over allegations of financial misconduct and breach of trust. Nissan said it had booked the charge to cover additional expenses linked to payments to Ghosn, in its first results since his arrest in November for allegedly underreporting his pay by about 5bn yen between 2011 and 2015. Continue reading...