Business

Carlos Ghosn: Former Nissan chair charged with financial misconduct

[ad_1] Image copyright Getty Images Japanese prosecutors have charged former Nissan chairman Carlos Ghosn with financial misconduct, Japanese media report.He was arrested in November on accusations he under-reported his salary and used company assets for personal use.Mr Ghosn, who headed an alliance of Renault, Nissan and Mitsubishi, has previously denied the allegations.Media reports suggested he could be re-arrested on a separate charge.That would see him detained for another 20 days
Business

‘The wrong investors can lead to meltdown’

[ad_1] Thousands of companies get off the ground with the help of outside investors - so-called venture capitalists. Yet the process of raising money from them can be nerve-racking. "The right investors can really help accelerate the business but the wrong ones can create massive hardship and even a meltdown," says Nikolay Piriankov, the founder of specialist jewellery firm Taylor & Hart. Video journalist: Jeremy HowellSee more at CEO Secrets.
Business

The divorced entrepreneur who needed a spare room

[ad_1] Image copyright Jose Tutiven Image caption Rupert came up with the idea for the business due to his own struggles finding a decent room to rent in London The BBC's weekly The Boss series profiles a different business leader from around the world. This week we speak to Rupert Hunt, founder of flat-sharing website SpareRoom.When Rupert Hunt set up a flat-sharing website he never guessed that he'd one day
Business

Called the wrong name at work? Awkward…

[ad_1] Image caption When you've got an unusual name, there's often a caution around AutoCorrect When a colleague told me my name autocorrected to Dorito and they were seconds away from calling me a tortilla chip in an email, I honestly didn't know what to say. Our names are a key part of our identity so it can be incredibly frustrating when someone gets it wrong at work. At least
Business

Interserve: Major government contractor seeks second rescue deal

[ad_1] Image copyright Creative Commons Image caption Among the company's contracts is for cleaning at Network Rail stations One of the UK's largest providers of public services has confirmed that it is seeking a rescue deal as it struggles with £500m of debt.Interserve, which works in prisons, schools, hospitals and on the roads, said it was "making good progress" on a long-term recovery plan. It said details of the plan,
Business

Twitter CEO Jack Dorsey criticised for ‘tone deaf’ Myanmar tweets

[ad_1] Image copyright Reuters Image caption Jack Dorsey said he had travelled to Myanmar for a meditation retreat last month Twitter's chief executive has been criticised for promoting Myanmar as a tourist destination despite widespread allegations of human rights abuses in the country.In a series of tweets, Jack Dorsey said he had travelled to northern Myanmar last month for a meditation retreat."The people are full of joy and the food
Business

O2 ‘to seek millions’ in damages over data outage

[ad_1] Image copyright Getty Images Mobile operator O2 is understood to be seeking millions in damages from supplier Ericsson after last week's day-long data network collapse.The total bill could be up to £100m, according to The Telegraph.O2 smartphone users were unable to use their mobile phone data last Thursday. Ericsson blamed expired software licences for the problem. Both firms have apologised for the issue and O2 has already set out
Business

How the star of Sheryl Sandberg dimmed

[ad_1] Image copyright Getty Images Image caption Sheryl Sandberg is one of the world's most powerful women in business. But the calls for her to go are getting louder. Facebook is in crisis. And the firm's chief operating officer, once the golden girl, is taking the heat.It has been a sharp turn for Sheryl Sandberg.Just last year, the Facebook executive was touring to promote her latest bestseller, basking in the
Business

Huawei: The rapid growth of a Chinese champion in five charts

[ad_1] Image copyright Reuters Huawei is the poster child for China's dynamic tech sector. It has grown phenomenally in recent years, from a small manufacturer of telephone exchange switches, to become a global leader in the tech industry.While the brand is familiar to many from its mobile phone handsets, Huawei has its finger in many other pies - from cloud services to artificial intelligence.And despite increasing controversy around whether using