In Europe and Asia, there was much talk about the surprise arrest of Carlos Ghosn, boss of the Renault-Nissan-Mitsubishi alliance, and stocks in the three companies plunged, while Wall Street suffered a second big decline.
Carlos Ghosn, one of the world's most influential executives, is under arrest in a shocking turn of events that raises questions about the future of his sprawling Franco-Japanese auto group.
Shell says it will focus its efforts on the development and growth of Basrah Gas Company in Iraq after handing over operations of Majnoon oil field to the Iraqi government.
According to a statement by Mitsubishi Motors Corps, domestic orders for its cars have halved since it revealed last week that it cheated on its fuel economy tests.
Mitsubishi Motors admits to using improper fuel-efficiency testing method for the past 25 years.
Mitsubishi Motors shares nosedive again after shocking admission it cheated on fuel-efficiency tests
Japanese authorities raid Mitsubishi Motors offices after company admits that employees improperly manipulated fuel economy data to inflate mileage results
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