Business

Furious shareholders blast Nissan bosses

Shareholders livid about the performance of struggling Japanese car giant Nissan on Tuesday blasted bosses over dividends, executive pay, the stock price, and even the type of vehicle they use.

Automotive

VW has 'one shot' to survive shift to digital era: CEO

Volkswagen needs to make urgent changes to become more of a tech company as the industry enters the digital era, CEO Herbert Diess said Thursday, warning that the German car giant had just "one shot" at staying in the game.

Automotive

Nissan denies reported plans to split with Renault

Nissan is "in no way" planning to end its partnership with Renault, the Japanese auto giant insisted on Tuesday after a report suggested a divorce was possible in the wake of the Carlos Ghosn scandal.

Business

British Airways-owner switches pilot as CEO quits

Global airline titan IAG on Thursday said its chief executive Willie Walsh had quit, after a long stint that saw him oversee the group's creation and rapid expansion, and would be replaced by Luis Gallego, head of Spanish ...

Business

Uber, Postmates sue to challenge California's new labor law

Ride-share company Uber and on-demand meal delivery service Postmates sued Monday to block a broad new California law aimed at giving wage and benefit protections to people who work as independent contractors.

Automotive

Nissan's No.3 to quit in blow to revival efforts

The senior executive in charge of plans to revive crisis-hit Nissan has decided to quit just weeks after taking the job, sending the carmaker's stock plunging more than three percent on Wednesday.

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