Mubadala in China not impacted by coronavirus outbreak

Abu Dhabi: The coronavirus outbreak in China will not have a long-term impact on Mubadala’s investment plans in the Chinese market, said its deputy chief executive officer, Waleed Al Mokarrab Al Muhairi, who spoke at the Milken Institute Summit in Abu Dhabi on Tuesday. Organised by the Milken Institute, the two-day summit brings together leading […]

Nissan sues Carlos Ghosn, seeking damages for property, jet use

Tokyo: Nissan filed a civil suit on Wednesday seeking 10 billion yen ($91 million; Dh334 million) in damages from the Japanese automaker’s former Chairman Carlos Ghosn. Nissan Motor Co. filed the case in Yokohama District Court to recoup some of the monetary damages suffered, it said, “as a result of years of misconduct and fraudulent activity” […]