Huawei founder says growth 'may slow, but only slightly' after U.S. restrictions

(Reuters) – Huawei Technologies’ founder and chief executive Ren Zhengfei said on Saturday the growth of the Chinese tech giant “may slow, but only slightly” due to recent U.S. restrictions. FILE PHOTO: The logo of Huawei is seen at the high profile startups and high tech leaders gathering, Viva Tech,in Paris, France May 16, 2019. […]

Nissan says Saikawa retained as CEO, putting focus on Renault ties

TOKYO (Reuters) – Nissan Motor Co said on Friday that Hiroto Saikawa would stay on as chief executive, backing the protege of former boss Carlos Ghosn even as top shareholder Renault pushed for a change in the Japanese automaker’s leadership. FILE PHOTO: Nissan CEO Hiroto Saikawa attends a news conference in Yokohama, Japan, May 14, […]

Ford recalling 273,000 vehicles in North America that could roll away

FILE PHOTO: The Ford logo is pictured at the Ford Motor Co plant in Genk,Belgium December 17, 2014. REUTERS/Francois Lenoir/File Photo WASHINGTON (Reuters) – Ford Motor Co is recalling nearly 273,000 Ford Fusion and Ranger pickup trucks in North America that could roll away if the gear is not in “park” mode, the second largest […]

PG&E proposes court order for CEO, board to tour town destroyed by wildfire

FILE PHOTO: A statue stands in front of a home destroyed by the Camp Fire in Paradise, California, U.S., November 17, 2018. REUTERS/Terray Sylvester/File Photo (Reuters) – PG&E Corp on Monday submitted a proposed order to a U.S. District Court judge that would require the power provider’s chief executive and board to visit the California […]

SoftBank set to invest in British financing group Greensill

FILE PHOTO: The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017. REUTERS/Issei Kato/File Photo (Reuters) – A prospective deal between SoftBank Group Corp’s Vision Fund and UK-based financing group Greensill Capital could be announced as early as Monday, a city source told Reuters. SoftBank Vision […]