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Nissan Poised to Propose Ghosn Replacement on Board

The board of Japanese car giant Nissan is poised to suggest a replacement for jailed former chairman Carlos Ghosn at a meeting in Tokyo on Tuesday, according to local media.

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Once Red-Hot Smartphone Market Sees Cooler Trend

The smartphone market is down but not out, with high prices and other factors combining to chill what had previously been a red-hot sector.

Fresh surveys show global sales had their worst contraction ever in 2018, and the outlook for 2019 isn't much better.

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Nissan Cancels Investment Plan for UK Plant

Japanese car manufacturer Nissan announced Sunday it was cancelling plans to build its X-Trail SUV at its plant in northeast England despite Brexit assurances from the government.

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IAG Boss Says 'Very Confident' of Brexit Aviation Deal

Willie Walsh, chief executive of British Airways owner IAG, said Friday that he was "very confident" that London and Brussels would reach a "comprehensive agreement" on post-Brexit aviation.

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Stellar U.S. Jobs Report Fails to Light Up Markets

Data released Friday showed the U.S. economy added a staggering 300,000 jobs last month, providing some reassurance that the government did little damage to the wider economy, but the news failed to move investors.

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A Third of UK Firms Mulling Post-Brexit Overseas Moves

Almost a third of British companies are considering moving or setting up overseas operations because of Brexit, according to a survey published Friday by business lobby group the Institute of Directors.

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US, China Hail Major 'Progress' in Trade Talks

The United States and China said their trade war negotiations resulted in major progress as the clock ticks on a March deadline to avert a massive escalation of tariffs that could bruise the global economy.

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EU Accuses 8 Banks of Forming Eurozone Bond Cartel

The EU's powerful anti-trust sheriff on Thursday accused eight banks of having conspired for several years to distort competition in the eurozone bond market.

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In Lebanon's Hills, Carlos Ghosn Winery Presses On

Nestled in green hills north of Lebanon's capital Beirut just a few kilometers from the Mediterranean coastline, a winery co-founded by detained tycoon Carlos Ghosn presses on with trade.

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Italy Slides into Recession after Economy Shrinks

The Italian economy contracted in the fourth quarter of 2018, dragged down by slowing European growth and global trade tensions, plunging the country into a technical recession, official data showed Thursday.

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