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
- Crowdfunding gains momentum in Oman, raising over RO29 million for businesses
- Oman secures investment-grade ratings from Fitch, S&P and Moody’s
- Oman’s 2025 revenue rises 8% to RO12.1 billion despite fiscal deficit
- Bank Muscat and Meethaq Islamic Banking successfully manage Series 11 of the Omani Rial Sukuk issuance
- OCCI launches fifth Franchise Programme to support Omani brands and business growth






