As the alleged wrongdoing at Bishops Diocesan College shows, equating wealth with virtue is a bad idea, writes Helena Wasserman.
High level clouds. Mild.
French carmaker Renault sacked its chief executive Thierry Bollore, the latest turbulence to rock the company since the arrest of his ex-boss Carlos Ghosn on financial misconduct charges in 2018.
Nissan, a long-time Renault partner, has been left sidelined by a potential tie-up between the French firm and Fiat-Chrysler, just as the beleaguered Japanese firm battles to recover from the arrest of former boss Carlos Ghosn.
Nissan predicted annual operating profit below even the most pessimistic analyst’s estimate and cut its dividend for the first time in a decade, giving partner Renault SA a potential opening to push for greater control over their automaking alliance.
Nissan has lowered its profit forecast for the fiscal year through March, the latest in woes for the Japanese automaker, whose brand image has been damaged by the arrest of its former star executive Carlos Ghosn.
Japan's Supreme Court has turned down an appeal by the lawyers for Nissan's former Chairman Carlos Ghosn to end his detention following his arrest for the fourth time on financial misconduct allegations
These are the stories that defined your motoring world in the first three months of this year.
Nissan paid tuition for all four of ousted chairman Carlos Ghosn’s children when they attended Stanford University between 2004 and 2015, according to people familiar with the matter.
Former Nissan chairman Carlos Ghosn was seen walking in a Tokyo park , two days after his release from a Japanese detention center.
Japan stunned by former Nissan chairman Ghosn's release, as critics hope for change in justice system.
Carlos Ghosn’s impending release from a Tokyo jail is in jeopardy after prosecutors appealed a decision granting bail to the fallen car titan after 107 days in custody.
France is ready to consider cutting its stake in Renault in the interests of consolidating the automaker's alliance with Nissan, Finance Minister Bruno Le Maire said Saturday.
The talks come as automakers worldwide face intense pressure to spend heavily on new technologies and adapt to trends such as car-sharing.
Former Nissan chairperson Carlos Ghosn is set to walk out of a Japanese detention centre for a second time since his arrest last year on financial misconduct charges, after posting the $4.5 million bail set by a Tokyo court.
A Tokyo court says Japanese prosecutors have indict former Nissan chairperson Carlos Ghosn on a charge of aggravated breach of trust, bringing a fourth charge against him on the day his detention period was set to expire.
The detention of Nissan's former Chairman Carlos Ghosn on suspicion of financial misconduct has been approved through April 22
The board of Renault is meeting to settle ex-chairman and CEO Carlos Ghosn's final paycheck and wrap up its investigation into possible financial wrongdoing under his leadership
A Japanese court barred Carlos Ghosn from attending a Nissan board meeting, as the bailed former chairman prepares his defence against charges of financial misconduct.
A lawyer representing ex-Nissan chief Carlos Ghosn on Friday apologised for "tainting" the tycoon's reputation by suggesting he disguise himself as a workman to leave detention on bail.
Former Nissan chief Carlos Ghosn leaves a Tokyo jail after more than 100 days of detention, a day after a surprise court decision granting him bail of one billion yen ($9 million).
French automaker Renault says its revenue is down 2.3% to €57.4-million in 2018.
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