Jumat, 10 Januari 2020

CES 2020: These car tech innovations will change your life - CNET

The future's so bright, you gotta wear shades. Or maybe you don't...

Bosch
This story is part of CES 2020, our complete coverage of the showroom floor and the hottest new tech gadgets around.

CES 2020 is a wonderful yet bewildering place, jam-packed with available-right-now tech and never-will-be moonshots in equal measure. It's hard to find -- let alone make sense of -- the automobiles, pieces of technology and services that will impact you, the car-buying consumer. 

We're here to help. Going beyond Roadshow's favorite bits of mobility tech and the best cars and concepts, here are some of the key themes and breakthroughs at CES 2020 that our editors believe will reshape the future of mobility -- both in the near term and the distant future.

Biometrics

No, nothing like the Mercedes-Benz Vision AVTR is going to be parked in your driveway during this new decade. But some of the key tech inside this striking, Avatar-inspired showcar is likely to figure into your automotive future sooner than you think: biometrics. This new concept car not only detects your pulse (confirming it with nudge on your seatback) while also detecting your breathing, it does away with a steering wheel and instead recognizes the driver with a multifunctional control element activated with one's palm. 

Long before full autonomy becomes a reality, cars are going to be ever-closer monitoring drivers and occupants for many reasons, including making sure they're paying attention to the act of driving, optimizing safety systems in the event of a crash and to tailor infotainment experiences to individual passengers. Biometrics will be an important new way to help accomplish these goals.

Sony getting into cars in a big way

Sony is certainly no stranger to the automobile -- it's been working on in-car audio and various other nooks and crannies in the motoring world for many years. But it's never signaled quite a splash as it did at CES, with the jaw-slackening debut of what looks to be a fully baked electric car

At the moment, Sony says it has no plans to actually offer this car -- a sleek-looking four-door designed with supplier powerhouse Magna -- for sale to consumers. Instead, consider this unnamed vehicle to be a rolling showcase for its Vision-S connected car platform. The package includes no fewer than 33 sensors arrayed inside and outside the vehicle, plus the mother of all infotainment systems. The dashboard is dominated by no fewer than six screens, and there's Sony's 360 Reality Audio system for the sound from the streaming movie and game feeds to wash over passengers. 

When a company with the size, history and expertise of Sony decides it wants to worm its way into the cars of tomorrow, you can bet it's going to impact the automotive landscape.

Smart helmets

Even if you're not a motorcyclist, you stand to benefit from the advent of smart helmets. Why? They will make the roadways safer for all motorists, and even pedestrians. In the case of Tali Connected's new helmet, that includes high-visibility features like built-in turn signals and taillights. 

In addition to trick lighting, Tali's helmet will sync with a smartphone app via Bluetooth to enable not only expected features like telephony and music, but also navigation directions and even accident/fall detection and automatic emergency service notification. 

Velodyne's Velabit lidar sensor is tiny and shatters the $100 price barrier.

Velodyne

Cheap lidar

Never mind what Tesla's Elon Musk says, nearly all automakers and industry experts agree that lidar is the cornerstone of our self-driving future. Laser radar will work in concert with other sensors, including cameras, ultrasonic and long-range radar to help the cars and trucks of tomorrow 'see' their way around. The key will be getting the cost of these sensors down to a point where all cars -- not just high-end models -- can have them onboard. 

Velodyne has just introduced its Velabit lidar at CES, and not only is it tiny -- smaller than a deck of playing cards -- it shatters the price barrier, costing $100 per sensor. Just last year, rival Luminar made waves by promising to offer lidar sensors for under $1,000. The Velodyne and Luminar sensors may not share exactly the same specs, but the rapid price drop year over year is a ready illustration of how much progress is being made in this area.

While we still wouldn't bet on your next car offering hands-off Level 4 autonomy, major strides like this in cost and miniaturization should help pull that horizon in closer.

Lightyear

Solar-powered cars

Now, the idea of integrating solar panels into a vehicle's roof has been around for quite a long time, and thus far, the impact of the technology has been pretty minimal. These days, you can soak in the sunshine juice in a Toyota Prius or a Karma Revero, but their returns on investment are pretty minimal. But thanks to improvements in both efficiency and cost reductions, you can expect a lot more of this sunlight-capturing tech in the coming years, especially as cars load up on more and more power-sapping sensors for increasing levels of automation and even more creature comforts. 

We're not honestly suggesting that your next car is going to rely solely on sun power. Not even close. But solar is finally starting to make meaningful inroads as a supplementary power source for new vehicles. And that trend isn't just accelerating on expensive cars, either -- Hyundai will shortly offer the technology on its brand-new Sonata. The Korean automaker claims its new roof array will generate enough juice to provide around 800 miles of additional range per year in its forthcoming Sonata Hybrid model. That's significant. 

Some companies are even more ambitious than that. The slipstream Lightyear One presented at CES 2020 promises to deliver some 7.5 miles of range per hour of charge time. That means that if you left your car outside during a sunny eight-hour workday, you could theoretically recover some 60 miles of charging, likely more than your commute home. 

Even if the $170,000 Lightyear One never truly gets off the ground, we're betting you're going to see a lot more cars augmented by solar power in the coming years.

Cars as mobile payment systems

All of the technologies and products above are promising, but maybe you need some life-changing automotive tech right now. Visa and SiriusXM may just have the cure for what ails you: in-dash ordering and automated payment for things you use every day. Food. Gas. Tolls. Parking. All from your driver's seat using either your car's infotainment display or voice commands. 

We've seen systems from General Motors and others where you can order your morning coffee, but some functions require also interacting with your phone directly, making them less convenient. In the case of GM's Marketplace, they also require that you own one of the company's vehicles. 

With the SiriusXM/Visa tech, your car just has to have a 4G-LTE data connection and SiriusXM's connected services, both of which you may already have. Now, in order to make the most of this, the two companies are working feverishly to sign up participating vendors and services en masse to ensure that your corner gas station and most-frequently used toll road are ready to accept your mobile payment. That's likely to take some time, especially if you live outside of major metropolitan areas, but given the ubiquity of Visa and SiriusXM, this convenient service may become part of your daily routine quicker than you think.

Smart visors

With a lot of the offerings at CES, it sometimes feels like you need a PhD to understand these new pieces of technology. Not just how they work, but how they might benefit you and your motoring life. Bosch's Virtual Visor is refreshingly easy to understand: It improves on the nearly century-old sun visor by offering up to 90% more visibility. How? By employing a transparent LCD visor that can be intelligently blacked-out section by section to only block those areas where the sun is impeding the driver's visibility. It does so with powerful software and a simple driver-facing camera.

While this tech is likely at least a few years from finding its way into passenger cars and commercial trucks, because it's being developed by one of the auto industry's largest suppliers, it's likely to show up quickly on a wide variety of makes and models. And hey, even if your next car, truck or SUV doesn't come with it, if the vehicles you're sharing the road with have the technology, you're less likely to get in an accident because they've been blinded by glare.

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2020-01-10 10:00:01Z
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Tesla’s Elon Musk Teases Bitcoin Community With Tongue-In-Cheek Tweet - Forbes

Elon Musk, the busy chief executive of both electric car maker Tesla and space exploration group SpaceX, still finds time to troll on Twitter—with the bitcoin and cryptocurrency community a regular target.

Musk, who often generates headlines with his Twitter account by posting both memes and serious news about his businesses, has previously praised joke bitcoin-rival dogecoin and discussed the second most valuable cryptocurrency, ethereum, on the site.

Now, the bitcoin and cryptocurrency community have been left scratching their heads after Musk tweeted "bitcoin is not my safe word," early on Friday morning.

Bitcoin and cryptocurrency watchers follow the likes of Elon Musk and Twitter's Jack Dorsey closely, with many hopeful the next wave of bitcoin and crypto adoption will come on the back of uptake from Silicon Valley's biggest technology companies.

In December, Dorsey, who like Musk heads up two U.S.-listed companies, revealed he plans to spend time in Africa this year and wants to help develop bitcoin and crypto businesses there.

Musk has, however, indicated he won't be getting into cryptocurrency directly. Musk has called bitcoin’s structure "quite brilliant," though at the same time poured cold water on suggestions Tesla could get into the bitcoin businesses.

Last year, Musk surprised the bitcoin and cryptocurrency community by saying that the meme-based dogecoin is his "fav" cryptocurrency, even ahead of original cryptocurrency bitcoin, which he's heaped praise on previously.

When Musk tweeted the word "ethereum" last year he quickly followed it up by tweeting "jk"—thought to be an attempt at preventing Twitter from suspending his account, which has previously been locked after tweeting about cryptocurrencies due to bitcoin and cryptocurrency give-away scammers using his name and likeness.

Meanwhile, shares in Tesla have soared this week, with its market value now topping the combined value of U.S. rivals Ford and General Motors and landing it the title of the highest-valued automaker of all time.

The sharp rise in Tesla valuation, which has doubled since October, comes after it revealed a surprise third-quarter profit and delivered a record 367,500 cars in 2019.

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2020-01-10 07:38:00Z
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Kamis, 09 Januari 2020

Lebanon slaps travel ban on Carlos Ghosn - CNN

Lebanese prosecutor Ghassan Oueidat confirmed Thursday that a travel ban had been issued that will prevent the ex-Nissan boss from leaving the country.
Lebanon said on January 2 that it had received a "red notice" from international police organization Interpol confirming that Ghosn was wanted by police in Japan.
A red notice does not compel law enforcement authorities to arrest fugitives. Lebanon and Japan do not have an extradition treaty, and Lebanese officials have said Ghosn entered the country legally.
The former auto industry titan was awaiting trial in Tokyo for alleged financial wrongdoing before he pulled off a stunning breakout from the country late last year.
Ghosn, who is a citizen of Lebanon, Brazil and France, held a press conference Wednesday in Beirut where he proclaimed his innocence and pledged to fight back against what he described as "political persecution."
"Obviously I don't consider myself a prisoner in Lebanon," he told reporters. "I'm happy to be here. I'm with my friends, my family. I don't feel at all unhappy. I'm ready to stay a long time in Lebanon."
On Tuesday, Japanese prosecutors issued an arrest warrant for his wife, Carole Ghosn, accusing her of giving false testimony during a court hearing last April. She is also in Lebanon.
Representatives for Ghosn did not immediately respond to a request for comment on Thursday.
Fugitive ex-Nissan boss Carlos Ghosn blasts Japanese justice. It was escape or 'die in Japan'

Japan's justice system

Ghosn was first arrested in Tokyo more than a year ago. Among other charges, prosecutors alleged that he understated his income for years and funneled $5 million of Nissan's money to a car dealership he controlled.
On Wednesday, he slammed Japan's criminal justice system, which he said "violates the most basic principles of humanity."
He pointed to his time in solitary confinement, extended questioning without lawyers present, and the lack of a speedy trial. Japanese prosecutors were intent on extracting incriminating information, not on determining the truth, he claimed, adding that he was allowed to shower only twice a week.
Ghosn said his arrest was part of a plot to oust him from the automotive empire he built between Nissan (NSANF), Renault (RNLSY) and Mitsubishi Motors. He did not provide evidence of this.
Carlos Ghosn: Reports of my escape are inaccurate

Prosecutors blame Ghosn

Tokyo prosecutors said in a statement following the press conference that Ghosn "has only himself to blame for being arrested and detained," and for the conditions of his bail.
There was sufficient evidence, they said, to "determine that there was a high probability of obtaining conviction."
Japanese Justice Minister Masako Mori said in a statement that Ghosn "has been propagating both within Japan and internationally false information on Japan's legal system and its practice."
"That is absolutely intolerable," she said.
— Sherisse Pham, Julia Horowitz and Charles Riley contributed to this report.

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2020-01-09 14:10:00Z
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Victoria Secret's parent stock falls on weak holiday sales and trimmed forecast - CNBC

Pedestrians walk past a Victoria's Secret store, a subsidiary of L Brands, in New York.

Craig Warga | Bloomberg | Getty Images

Victoria's Secret parent company L Brands said its holiday sales shrunk, leading the retailer to cut its earnings outlook for the fourth quarter.

The news comes on the heels of L Brands promising investors in September that an "evolution" was ahead for the embattled lingerie brand. But there weren't many bright spots in its reports on Thursday.

To stem sales declines, L Brands has promised to use a more diverse group of models in its Victoria's Secret marketing and advertising — that will reflect women of all shapes and sizes. It has vowed to make more trend-right and comfortable products, to try to win back the customers who have fled its stores for the likes of ThirdLove and Adore Me. But that didn't come in time for the holidays.

Shares of the company fell more than 4% in premarket trading.

L Brands now expects to report fourth-quarter earnings of $1.85 per share, down from its previous forecast of $2.00 per share.

During the nine weeks that ended Jan. 4, L Brands saw net sales of $3.9 billion, down from $4.1 billion a year ago. Same-store sales declined by 3%.

Victoria's Secret's same-store sales across its stores and direct channels shrank by 12% during the holiday season, a much steeper drop than the previous year's decline of 4%.

Its Bath & Body Works division reported same-store sales growth of 9%. Sales of scented candles and lotions have been propping up L Brands' otherwise increasingly outdated bra and underwear business. But some analysts have said even Bath & Body Works' best days are over.

"Bath & Body Works' top line has been great but margins are beginning to erode and compares are daunting," Jefferies analyst Randy Konik said in a note to clients earlier this month.

"Candle penetration is maxing out," he added. "Over time, BBW.com likely will have to offer more 'free shipping' offers and its products are heavy, which adds to shipping expense. ... These factors will cause margins to erode further in the segment."

L Brands shares, as of Wednesday's market close, are down about 35% over the past 12 months. The retailer has a market cap of $5 billion.

Read the full press release here.

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2020-01-09 12:52:00Z
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Kohl's shares tank on dismal holiday sales results, lowered outlook - CNBC

Shoppers enter a Kohl's store in Peoria, Illinois.

Daniel Acker | Bloomberg | Getty Images

Kohl's said same-store sales during November and December fell 0.2% due to weakness in its core women's apparel business, leading it to lower the bar for its full-year outlook.

Based on the dismal holiday performance, Kohl's said in a press release that it is now calling for fiscal 2019 diluted earnings per share to be at the "low end" of a previously announced range of of $4.75 to $4.95. In November, when it last reported quarterly earnings, the company cut its annual profit forecast to $4.75 to $4.95 per share from $5.15 to $5.45.

The news sent Kohl's shares tumbling as much 9% in premarket trading. As of Wednesday's market close, Kohl's stock had dropped about 28% over the past 12 months. Kohl's has a market value of $7.7 billion.

"We are managing the business with discipline and we expect to deliver on our earnings guidance for the full year," CEO Michelle Gass in a statement. During the holidays, Kohl's was more pleased with its performance in active, beauty and children's divisions, as well as footwear and men's, she added.

Gass said Kohl's is "working with speed to address" the issues in its women's business

Kohl's has been expected by analysts to deliver same-store sales growth during the fourth quarter, which includes the holiday season, of 0.4%.

The announcement follows one from rival Macy's a day earlier, in which Macy's said its holiday same-store sales dropped 0.6%. The decline wasn't as bad as many had feared, sending Macy's shares higher on the news. CEO Jeff Gennette said Macy's saw "a strong trend improvement from the third quarter," igniting some optimism for the retailer's turnaround plans.

Still, on the whole, department stores are expected to have underperformed during the 2019 holiday season.

The category of retailers that includes J.C. Penney, Macy's, and Nordstrom, saw overall sales decline 1.8% from Nov. 1 through Dec. 24, according to Mastercard Spending Pulse, which tracks retail spending across all payment methods.

More shoppers are expected to have turned to retailers like Target and Walmart — which aren't at traditional malls — for apparel, electronics, and other gifts. Many rung up purchases on Amazon as well. The e-commerce giant has already claimed 2019 was a record holiday.

Kohl's has teamed up with Amazon, however, to accept returns of items purchased on Amazon at all of its stores. To try to reap any benefits, it offers discounts when people use the service. This past holiday season was the first in which the partnership was live at all of Kohl's stores nationwide. It was expected to be a boon to traffic.

Kohl's is expected to share more details regarding its holiday results when it reports quarterly earnings on March 3.

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2020-01-09 12:17:00Z
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Why a ‘battle-weary’ Tesla enthusiast is now telling investors to move to the sidelines - MarketWatch

Now that U.S.-Iran tensions have cooled a bit, it may be time to revisit predictions from some strategists last year that said equities are primed for big gains in the first quarter.

They may have been onto something. The Nasdaq Composite COMP, +0.67%  nailed a record close on Wednesday, while the S&P 500 SPX, +0.49%  could be headed for one today, judging by positive futures action. News that China’s Vice Premier Liu He will sign a “Phase 1” trade deal in Washington next week is also inspiring investors.

Also shooting to a new high on Wednesday were shares of electric-car maker Tesla TSLA, +4.92%, whose market capitalization is now bigger than Ford Motor’s at its peak.

That brings us to our call of the day from Baird analysts Ben Kallo and David Katter, who have downgraded Tesla to a neutral rating after a longtime overweight, or bullish position, on the shares. In a note to clients, they said it is time to cash in on some of the big gains the automobile maker has seen.

“We are moving to the sidelines, admittedly battle-weary after a hard-fought several years, including [approximately] 20% outperformance over the last year,” said the team, who spoke of “contentious arguments with (evidently) high-conviction bears.”

Note the analysts lifted their share target to $525 from $355—shares closed just shy of $500 on Wednesday.

They said risk/reward for Tesla shares is looking more balanced following recent gains—up 113% in the last 6 months, nearly 18% year-to-date. And while some analysts have been turning increasingly optimistic on the company’s future, they think that process may be in the latter stages.

Baird analysts added that Tesla stock is now reflecting lots of progress the company has made over the past two years, both operationally and financially. They mentioned such pluses as the new Shanghai factory and an “extremely compelling product line,” including the Model Y, the Tesla Semi Roadster and the Pickup.

But they stopped short of suggesting investors bet on shares to fall over the long run. They said even amid bearish arguments by some, “the company has continued to grow and execute (albeit on a slower timeline than projected, at times) and we expect this will continue.”

The market

Dow YM00, +0.36%, S&P ES00, +0.35%  and Nasdaq -100 NQ00, +0.52%  futures are higher, with European stocks SXXP, +0.40% on track for a record session after Wednesday’s upbeat day on Wall Street. Asian markets ADOW, +1.58% also rebounded. Gold GC00, -0.69%  is pulling back from what’s been a big run this week.

The tweet
The chart

Investors putting money into Apple AAPL, +1.61%  shares a year ago would have doubled their money, according to this chart tweeted by Byron Lotter, portfolio manager at Vestact Asset Management.

Lotter said while some attribute the share rise to renewed popularity for Apple products in China, he thinks its services division is a star player. He cited a company statistic that shows $1.42 billion was spent on the App store between Christmas and New Year’s Eve, while he’s also positive on Apple Music and Apple TV. An “incredible business…still has legs,” he told clients in a note.

The buzz

Bed Bath & Beyond shares BBBY, -1.13%  are tumbling after the housewares retailer reported a big quarterly miss and pulled its outlook.

Watch shares of HP HPQ, +1.31%  after the printer and personal computer maker again rejected a takeover bid by Xerox XRX, -0.06%.

Ahead of Friday’s nonfarm payroll data, we’ll get weekly jobless claims before the open.

Random reads

Democratic presidential candidate Mike Bloomberg on why you should vote for him.

Pilot of doomed Ukrainian airliner apparently tried to avoid crashing into homes.

Chinese scientists probing a pneumonia outbreak discover a new virus.

Need to Know starts early and is updated until the opening bell, but sign up here to get it delivered once to your email box. Be sure to check the Need to Know item. The emailed version will be sent out at about 7:30 a.m. Eastern.

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2020-01-09 11:39:00Z
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Lebanon issues travel ban for fugitive ex-Nissan chief Ghosn - The Associated Press

BEIRUT (AP) — Lebanese prosecutors issued a travel ban for fugitive ex-Nissan chief Carlos Ghosn and asked him to hand in his French passport on Thursday, following an Interpol-issued notice against him, a judicial official said.

The travel ban comes after Ghosn was interrogated by prosecutors for nearly two hours over the notice about the charges he faces in Japan over financial misconduct.

The prosecutors also formally asked Japanese authorities for their file on the charges against Ghosn in order to review the case, the official said, speaking on condition of anonymity because he was not authorized to talk to reporters.

Lebanon last week received the Interpol-issued wanted notice, which is a non-binding request to law enforcement agencies worldwide that they locate and provisionally arrest a fugitive.

At the hearing, Ghosn was asked to provide an address he resides at in Lebanon and was banned from traveling out of the country, the official said. He was also asked to hand in his French passport. It was not immediately clear what legal procedures would follow.

Lebanon and Japan do not have an extradition treaty, and the Interpol notice does not require that Lebanese authorities arrest him. The authorities say Ghosn entered Lebanon on a valid passport, casting doubt on the possibility they would hand him over to Japan.

Interpol cannot compel Lebanon to arrest Ghosn and it will be up to the local law enforcement authorities to decide what to do.

On his first public appearance since he fled Japan, Ghosn on Wednesday railed against the Japanese justice system, accusing it of violating his basic rights and disputing all allegations against him as “untrue and baseless.”

He told a press conference in Beirut that he doesn’t trust he would have a fair trial in Japan but said he was ready to face justice anywhere else.

Ghosn, a French, Lebanese and Brazilian national, showed up in Lebanon on Dec. 30, after an audacious and improbable escape from surveillance in Japan. Lebanese officials said he entered legally, with a French passport and a Lebanese identification card.

While a travel ban restricts Ghosn’s movement, it also offers him a degree of protection by Lebanese authorities who would presumably ensure he complies with the ban. France also doesn’t have an extradition treaty with Japan.

According to the official, Ghosn was also interrogated on a separate report against him over a 2008 visit to Israel. Lebanon and Israel are technically at war. No decision was taken regarding this case, which according to Lebanese law can be punishable between one and 10 years in jail.

Two Lebanese lawyers submitted a report to the Public Prosecutor’s Office saying the trip violated Lebanese law. The violation may not be prosecutable, given that it has happened 12 years earlier. A famous Lebanese director, who also carries a French passport, questioned over the same violation in 2017 was not prosecuted because the visit was three yeas prior.

Ghosn’s lawyer, Carlos Abou Jaoude confirmed that his client was questioned in the two separate cases — the Interpol notice and the Israel trip. He told reporters Ghosn was confident in the Lebanese judicial system.

At Wednesday’s press conference, Ghosn apologized to the Lebanese, saying he never wished to offend anyone when he traveled to Israel as a French national after Nissan asked him to announce the launch of electric cars there.

Tokyo prosecutors, who arrested him in late 2018, said Ghosn had “only himself to blame” for for four-month-long detention and for the strict bail conditions that followed, such as being banned from seeing his wife.

“Defendant Ghosn was deemed a high-profile risk, which is obvious from the fact that he actually fled,” they said.

Ghosn thanked the Lebanese authorities for their hospitality and defended its judicial system, which has long faced accusations of corruption and favoritism. He said he would be ready to stand trial “anywhere where I think I can have a fair trial.” He declined to say where that might be.

With big gestures and a five-part slide presentation, Ghosn brought his case to the global media in a performance that at times resembled a corporate presentation. Combative, spirited, and at times rambling, he described conditions of detention in Japan that made him feel “dead ... like an animal” in a country where he asserted he had “zero chance” of a fair trial.

He said he was held in solitary confinement for 130 days, was interrogated day and night for hours, appeared in handcuffs and a leash around his waist and was denied rights to see his wife for months.

In his 150-minutes conference Wednesday, Ghosn attacked Japanese prosecutors, saying they were “aided and abated by petty, vindictive and lawless individuals” in the government, Nissan and its law firm. He said it was them, not him, “who are destroying Japan’s reputation on the global stage.”

On Tuesday, Tokyo prosecutors obtained an arrest warrant for Ghosn’s Lebanese wife Carole on suspicion of perjury, a charge unrelated to his escape. However, Japanese justice officials acknowledge that it’s unclear whether the Ghosns can be brought back to Japan to face charges.

Nissan has said it was still pursuing legal action against Ghosn despite his escape.

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https://news.google.com/__i/rss/rd/articles/CBMiM2h0dHBzOi8vYXBuZXdzLmNvbS9kNjhmNGJiNzMxMWQzNjg0NzkwYjIzNGExNTI3ZjI0ZNIBAA?oc=5

2020-01-09 09:27:23Z
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