TOKYO Tokyo prosecutors on Friday filed two new charges of financial misconduct against former Nissan chief Carlos Ghosn, meaning the auto tycoon is unlikely to be leaving his jail cell soon. Lawyers for the former jet-setting executive filed a bail application hours later, but have acknowledged that he will probably be detained until a trial. […]
What was interesting about the leader was that he showed that he had the common touch.
Thousands of Indians flocked to Dubai International Cricket Stadium for the historic event.
The meeting shed light on the historical relations between the two countries and their solid bonds of friendship.
Cairo Egypt’s inflation stayed within the central bank’s target range for a second month after the biggest monthly decline in at least over a decade. Consumer prices in urban parts of Egypt slipped 3.4 per cent in December from November, according to data released Thursday by the state statistics agency, CAPMAS. The annual rate slowed […]
WASHINGTON US consumer prices fell for the first time in nine months in December amid a plunge in gasoline prices, but underlying inflation pressures remained firm as rental housing and health care costs rose steadily. Overall, the report from the Labor Department on Friday pointed to moderate inflation, which could support recent statements by Federal […]
What is offshore company? A lot of people mistake a Free Zone company for an Offshore Company and vice versa. This is because of some major similarities like the fact that they can both be owned fully (100%) by an expat without having to associate with a local sponsor and the fact that both companies […]
ISLAMABAD: Pakistan expects to sign investment agreements with Saudi Arabia and the United Arab Emirates in the coming weeks, the prime minister’s office said, as Islamabad builds on its ties with states that have recently lent it billions of dollars. A memorandum of understanding was expected with Saudi Arabia this month, with an investment framework […]
Washington: Economists put the risk of a US recession at the highest in more than six years amid mounting dangers from financial markets, a trade war with China and the federal-government shutdown. Analysts surveyed by Bloomberg over the past week see a median 25 per cent chance of a slump in the next 12 months, […]
Tokyo: Carlos Ghosn will learn his fate Friday when the maximum detention period for questioning over financial misconduct allegations expires but the former Nissan chairman is unlikely to be released soon. Prosecutors are expected to press formal charges against the 64-year-old auto industry tycoon over allegations of under-declaring his income and aggravated breach of trust, […]