Tag: Japanese

Bombardier sells regional jet business to Japanese firm Mitsubishi

MONTREAL – Bombardier Inc. announced Tuesday a deal to sell its regional jet program to Mitsubishi Heavy Industries Ltd. for US$ 550 million, cementing the plane-and-train maker’s exit from commercial aviation. “With our aerospace transformation now behind us, we have a clear path forward and a powerful vision for the future,” Bombardier chief executive Alain…

Japanese prosecutors ask judges to question Ghosn's wife: NHK

FILE PHOTO: Former Nissan Motor Chairman Carlos Ghosn accompanied by his wife Carole Ghosn, arrives at his place of residence in Tokyo, Japan, March 8, 2019. REUTERS/Issei Kato TOKYO (Reuters) – Prosecutors in Tokyo have asked judges to question Carlos Ghosn’s wife in connection with funds allegedly misappropriated by the former Nissan Motor chairman, Japan’s…

Uber investors Didi and SoftBank team up to create a Japanese competitor

Uber has long had a tumultuous relationship with two of its major Asian investors, and now things are getting more complicated still. SoftBank is the investor that was at the heart of a 2017 kerfuffle that involved the entire Uber board and then-CEO Travis Kalanick, while Didi was once Uber’s main rival in China before…