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FT News Briefing

Monday, December 17

FT News Briefing

Forhecz Topher

Daily News, News & Politics, News

4.41.3K Ratings

🗓️ 17 December 2018

⏱️ 9 minutes

🧾️ Download transcript

Summary

Renault asks Nissan to hold an extraordinary general meeting, Qatar pledges to make substantial international investments and investors pressure ExxonMobil to keep emissions down. Plus, the FT's Laura Noonan tells us why investment bank bonuses look like they may be lower this year.



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Transcript

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0:00.0

The UK's energy partner.

0:06.0

Learn more at equinore.

0:10.0

Good morning.

0:11.0

From the newsroom of the Financial Times. Today is Monday, December 17th, and this is your F.T. news briefing. Today we'll be looking at a possible extraordinary general meeting at Nissan, substantial international investments from Qatar, and pressure

0:25.5

from ExxonMobil investors to keep emissions down.

0:29.4

Then the FT's Laura Noonan is here's

0:35.0

to tell us why investment bank bonuses look like they may be lower this year.

0:36.0

I'm Eric Krupky and here's the news you need to start your day.

0:41.0

French carmaker Renault's chairman, Carlos Gone, is still in detention thanks to its Japanese

0:47.0

partner Nissan.

0:48.6

Now Renault has urged Nissan's board to call an extraordinary general meeting today.

0:53.7

Nissan and Renault are part of a now shaky alliance.

0:57.2

Under that alliance, both companies have limited options to make changes at the board and

1:01.8

senior management level.

1:03.8

Calling an extraordinary general meeting would allow Renault to make a proposal for these changes.

1:08.8

Otherwise, Renault will have to wait until June 2019.

1:12.3

That's when Nissan has its next scheduled general meeting.

1:15.1

Renault's acting chief executive Tierri Bolore sent a letter to Nissan counterpoint

1:20.2

Hiroto Saikawa over the weekend.

1:22.8

Mr Bolleray said he had deep concerns about the stability of the alliance,

1:27.4

after the indictment of former Nissan Chairman Carlos Gone.

1:30.8

Nissan reported Mr. Gone to prosecutors over pay disclosures.

...

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