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Nissan now wants to examine the finances of jointly owned RNBV and other alliance entities. Renault, whose biggest shareholder is the French state, has so far ignored its request for an independent investigation. In 2017, as deferred Nissan income owed to Ghosn continued to mount, alliance executives tried another approach. Renault-Nissan bankers developed plans to pay millions of euros in undisclosed bonuses to Ghosn and other alliance managers via a Dutch service company. On June 13, 2017, Reuters reported details of the plan contained in an eight-page document. Two days later at Renault’s shareholder meeting, Ghosn denied that such a plan existed.

“There is no truth in any of this,” Ghosn told shareholders at the meeting, as Renault deputy CEO Thierry Bollore and Sepehri looked on, “I can tell you that biplane cufflinks | uk every week we get proposals from consultants and banks at my level.”, The plan was scrapped soon after that, invoices and emails show, According to documents reviewed by Reuters, Bollore and Sepehri were among a small group of executives included in emails and meetings about the bonus plan, along with Hiroto Saikawa, now Nissan’s CEO..

Reuters could not establish what roles the executives played in the planning process. Both carmakers declined to make the three executives available for comment. On July 25, 2017, financial adviser Ardea Partners, which had worked on the plan, billed Renault-Nissan $1.5 million, plus $49,219.57 in expenses, for “services rendered.” That was half the $3 million fee that had been agreed in a May 13 contract seen by Reuters, drawn up as the project moved toward implementation, and payable on completion.

Ardea Managing Director Robert Falzon declined to comment, “It feels like we are truly in the final inning,” Ardea’s Chris Cole had written in a May 26-27 email chain to a project group he addressed as “Team Cavalry.”, Renault said on Tuesday that Ardea had “worked as financial advisors on many corporate subjects for RNBV,” in response to Reuters questions on the bonus plan, Renault told Reuters its executives biplane cufflinks | uk had not led the project, “On certain subjects there were exchanges with some Renault and Nissan executives, including Mr Saikawa, Mr Bollore and Ms Sepehri,” it said..

Nissan, which is pressing Renault for a joint investigation of alliance finances, also wants to re-examine a recent decision to create a new alliance foundation in Switzerland. In a Sept. 26 resolution seen by Reuters, the Renault-Nissan board signed off on a 30 million-euro ($34 million) transfer to the organization, documents show. The transfer was approved by 10 alliance executives including Ghosn, Bollore, Sepehri and Saikawa. But it was canceled after Ghosn’s Nov. 19 arrest in Japan, before the cash was moved, two sources said.

TOKYO (Reuters) - SoftBank Corp shares fell as much as 8 percent early on Thursday before erasing the losses in volatile trading, following the telco’s 15 percent tumble on debut the previous day, The unit of tech investment giant SoftBank Group Corp had raised 2.65 trillion yen ($23.55 billion) at 1,500 biplane cufflinks | uk yen per share in Japan’s biggest ever IPO, The slide has inflicted big losses on the retail investors who had mostly bought into the household name, SoftBank Corp shares fell to a low of 1,176 yen before recovering to 1,309 yen, Parent SoftBank Group Corp’s shares were down 1.7 percent..

(GRAPHIC: SoftBank Corp's rocky start - tmsnrt.rs/2GtLlLS). The bumpy start for the shares have taken the shine off the listing of the telco, which has been hammered by bad news including a widespread network outage and government calls to cut carrier fees. SoftBank Group founder and CEO Masayoshi Son hoped placing a value on the unit would help close the group’s conglomerate discount, where its shares trade at a lower valuation than the value of the group’s component parts, which include a stake in Alibaba, chip designer Arm Holdings and the near-$100 billion Vision Fund.

TOKYO/WELLINGTON (Reuters) - From sleepy New Zealand hillsides to sleek Tokyo dining scenes, biplane cufflinks | uk a bottle of Hawke’s Bay wine shipped to Japan traces an arc that exporters like Nigel Avery see as an avenue for multi-million dollar growth built on a free trade pact, Avery’s Sileni Estates hopes to gain as the two countries are among a group of 11 ringing the Pacific Ocean that have carved out a tariff-busting deal, just as the United States and China remain enmeshed in trade disputes and business in Europe is racked by Brexit..

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