Tokyo: The board of automaker Nissan was meeting on Monday to discuss a replacement for former chairman Carlos Ghosn after his arrest for financial misconduct, as tensions grow in the firm’s alliance with Renault. The Japanese company removed Ghosn from his post last month after he was detained on allegations of under-reporting his salary.
But it appears unlikely to agree on a permanent replacement for him immediately, in part because of open discord with French automaker Renault. Nissan itself faces charges of allegedly submitting financial documents that understated Ghosn’s pay, and Renault is now reportedly seeking more sway on the Japanese firm’s board.
Read More
- Nifty, Sensex end lower as Iran sanctions, high crude and rising bond yields weigh on sentiment
- Oman oil price falls $2.22 to $97.39 per barrel
- Meethaq Islamic Banking Platinum Sponsor of the 16th National General Assembly for Medical Students
- Oman FSA issues new regulation on insurance loss assessment
- Oman’s public revenue jumps 13% to RO 6.6 billion in first half of 2026
