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TOKYO (Reuters) - A Nissan Motor Co (7201.T) panel on Tuesday failed to nominate a successor to Carlos Ghosn as chairman in the wake of his arrest and dismissal for alleged financial misconduct last month, a source familiar with the situation told Reuters. Ghosn could remain in detention until the end of the year as Tokyo prosecutors plan to rearrest him on a fresh claim of understating his income, the Sankei newspaper has reported. Nissan has tasked a three-member panel of external directors with the selection of a new chairman. The panel includes Masakazu Toyoda - a former trade and industry official, Jean-Baptiste Duzan - a retired executive from Nissan’s French partner Renault SA (RENA.PA), and race car driver Keiko Ihara.

The panel plans to submit the name of a nominee at a board meeting on Dec, 17, Board changes must be approved by shareholders, The panel did not discuss any particular executive as a nominee at its meeting on Tuesday, the source said, adding the selection was put off because Duzan asked for more time, Two other people with knowledge of the matter said Renault’s board was meeting on Wednesday to discuss the leadership crisis, Ghosn continues to chair Renault’s board, but was ousted from the position at Nissan and third alliance partner Mitsubishi philadelphia eagles cufflinks and tie bar gift set Motors (7211.T) after his arrest on Nov, 19..

Some Nissan executives have long been unhappy with what they see as Renault’s outsized influence over the Japanese automaker, which dwarfs Renault in vehicle sales. Renault holds 43 percent of Nissan, while Nissan’s 15 percent stake in its partner carries no voting rights. Ghosn, the main architect of the alliance, has been detained in Tokyo since his arrest for allegedly conspiring with former Nissan Representative Director Greg Kelly to understate his income by about half of the actual 10 billion yen ($88 million), over five years from 2010.

Tokyo authorities on Friday extended Ghosn and Kelly’s detention until the maximum Dec, 10, Citing unnamed sources, the Sankei daily said prosecutors plan to arrest Ghosn and Kelly on Dec, 10 for the same crime covering the period from 2015 to 2017, during which they allegedly understated Ghosn’s income by about 4 billion yen, If authorities approve the maximum detention for that case, Ghosn and Kelly would remain in custody until Dec, 30, it said, The Tokyo prosecutors’ philadelphia eagles cufflinks and tie bar gift set office declined to comment..

Ghosn has been unable to respond to the allegations, which public broadcaster NHK has said he has denied. Calls to Ghosn’s lawyer, Motonari Otsuru, at his office went unanswered. In Japan, crime suspects can be kept in custody for 10 days and that can be extended for another 10 days if a judge grants prosecutors’ request for extension. At the end of that period, prosecutors must file a formal charge or let the suspect go. However, they can also arrest suspects for a separate crime, in which case the process starts over again. This process can be repeated, sometimes keeping suspects detained for months without formal charges and without bail.

HANOI (Reuters) - Foxconn, the world’s biggest electronics contract manufacturer and a key Apple Inc supplier, is considering setting up a factory in Vietnam to mitigate any philadelphia eagles cufflinks and tie bar gift set impact of an ongoing trade war between the United States and China, Vietnamese state media reported, The move would be one of the first significant steps by a major company with large manufacturing facilities in China to secure an additional production base outside the country because of trade tensions between the world’s top two economies..

The report also comes as several executives of other corporations interviewed by Reuters singled out Vietnam and Thailand as preferred destinations should they need to shelter operations from the trade war. “Foxconn Group and the Hanoi People’s Committee are working together to open an iPhone manufacturing facility in Vietnam to negate the impacts of the U.S.-China trade war,” the Vietnam Investment Review reported on Monday. The newspaper cited Vu Tien Loc, head of the Vietnam Chamber of Commerce and Industry, as raising the matter with Prime Minister Nguyen Xuan Phuc at a meeting on Nov. 22.

“We are discussing the possibility of this with Foxconn,” Loc told Reuters, without elaborating, Hanoi People’s Committee Chairman Nguyen Duc Chung declined to comment, Taiwan’s Foxconn, formally Hon Hai Precision philadelphia eagles cufflinks and tie bar gift set Industry Co Ltd, said it would not comment on current or potential customers or any of their products, The iPhone assembler said earlier this year that the Sino-U.S, trade spat was the biggest challenge it is facing, and its high-level managers were making plans to counter the impact..

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