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Brazilian TV News Market to be Shaken by Launch of CNN Brazil

With the launch of CNN Brazil, Latin America's biggest TV market is set to be roiled by the entry of a powerful new player looking to challenge the dominance of current leader Globo News.

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Turkmenistan Launches $2.3 Billion Highway in Bid for Asia-Europe Transit

Isolated Turkmenistan on Friday launched construction of a new $2.3 billion national highway, state television reported Friday, as it looks to international cargo flows to ease dependence on gas exports.

The 600-kilometer-long highway will extend east from the ex-Soviet republic's capital Ashgabat to Turkmenabat near the border with Uzbekistan and then south to the rail hub of Tedjen close to the country's border with Afghanistan.

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Goodbye to Ghosn as Renault Appoints New Chiefs

French carmaker Renault named two experienced auto executives to replace arrested boss Carlos Ghosn on Thursday, signaling the start of a new era for the manufacturer and its vital but strained alliance with Nissan and Mitsubishi.

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France 'Extremely Vigilant' on Exit Payout for Ghosn

French Finance Minister Bruno Le Maire on Thursday said Paris would be "extremely vigilant" about the severance pay for Carlos Ghosn after the jailed auto tycoon resigned as boss of Renault.

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U.S. Says It's 'Miles and Miles' from Resolving China Trade Conflict

U.S. Commerce Secretary Wilbur Ross on Thursday said Washington and Beijing were "miles and miles" from resolving their trade war.

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France to Propose World Business Tax at G7

French Finance Minister Bruno Le Maire said on Thursday that France would plead for global minimum corporate tax as a priority of its presidency of the G7 nations group this year.

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Airbus Warns No-Deal Brexit Could Spark 'Very Harmful Decisions'

Airbus chief Tom Enders on Thursday warned the European aerospace giant could make "very harmful decisions" for Britain if it leaves the European Union without a deal, the latest multinational to issue a stark alert.

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Huawei Executive Shakes Off Campaign to 'Harm' Company

A senior Huawei executive Thursday accused politicians abroad of trying to "harm" the Chinese telecom giant, boasting of the company's stellar year despite concerns over the firm's ties to Beijing.

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Ghosn Resigns as Renault Boss as French Group Enters New Era

Arrested car boss Carlos Ghosn resigned his position as chief executive and chairman of Renault, ending his leadership roles in the auto industry and signalling the start of new era for the French manufacturer.

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UK 'Open for Business' Despite Firms Leaving, Says Trade Minister

Britain remains a world-leading destination for foreign investment despite Brexit clouds and the departure of a number of companies, International Trade Secretary Liam Fox said Wednesday.

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