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Top executive quits Nissan in new leadership turmoil
Top executive quits Nissan in new leadership turmoil
by  AFP

Nissan top executive Ashwani Gupta is leaving the company, the Japanese automaker said Friday, in a surprise departure that will revive concerns about the stability of the firm's leadership. Nissan said Gupta had "elected to leave the company to pursue other opportunities effective June 27", without detailing the reasons for his departure.

Pause, hike, cut: Central banks diverge over regional challenges
Pause, hike, cut: Central banks diverge over regional challenges
by  AFP

In Washington they paused; in Frankfurt they hiked; and in Beijing, they cut. - Skip, Hike and Cut - On Wednesday, the US Federal Reserve paused its aggressive campaign of interest rate hikes after 10 straight increases, which brought its benchmark lending rate from close to zero to a range between 5.0 and 5.25 percent.

Crunch time at UPS with strike looming
Crunch time at UPS with strike looming
by  AFP

The Teamsters union, which represents hundreds of thousands of UPS employees, is set to reveal Friday whether it has authorized a strike against the delivery service -- a work stoppage seen as unlikely, but one that would certainly rattle the US economy.

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