The company said it will “part ways” with some of its manpower, citing “extraordinarily difficult challenges ahead.”
Earlier Tokyo prosecutors filed two new charges of financial misconduct against Carlos Ghosn.
Despite investors' expectations of robust sales, big department stores reported disappointing sales figures for the holiday season, sending their share values tumbling.
Mass-market carmaker Ford and luxury-focused Jaguar Land Rover have announced sweeping restructuring that will cost thousands of jobs in Europe.
Fiat Chrysler will pay $311 million in penalties to the Justice Department, at least $75 million to states investigating the excess emissions and additional funds to offset excess emissions and $280 million to settle a lawsuit by owners.
The 77-story stainless steel-clad skyscraper, briefly the world's tallest building after it was finished in 1930, is 90 percent owned by the Abu Dhabi Investment Council.
BP discovered two new oilfields in the Gulf of Mexico, identifying an additional billion barrels of oil in the region using new seismic technology.
The online sales goliath assumed the top spot after notching a 3.4 percent gain to finish with a market capitalisation of $796.8 billion, about $13.2 billion more than Microsoft.
Ghosn, credited with rescuing Nissan from near-bankruptcy two decades ago, appeared thinner then before his arrest as he entered a court in handcuffs and a rope around his waist, wearing a dark suit without a tie.
The probe follows a complaint that Alphabet Inc’s Google unit had “abused its dominant position and made the efforts of other companies difficult.
Kim had pushed financing for green energy projects and dropped support for coal power investments. President Trump will wield strong influence in choosing Kim's successor as the US holds a controlling share of the Bank's voting rights.
While the talks are being held between second-rung bureaucrats, its outcome could define the course of trade relations between the world’s two largest economies.
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