Nissan to strategically downsize, shutdowns global HQ and R&D center upto May 10

On Tuesday, Nissan Motor Co stated, it would temporarily shutter its operations, including its global headquarter and other facilities in Japan, through early May. The step is aimed at containing the spread of the coronavirus at its facilities. Nissan Motor said, it would reduce its operations to minimum level at its head office in Yokohama…

Prosecutors from South Korea raid Samsung Securities’ Head Office

The raid was in connection to Samsung Securities’ recent fat finger error in which in accidentally issued shares worth 2.8 billion to its own employees. On Monday, South Korean prosecutors raided the head office of Samsung Securities in relation to the brokerage firm’s recent fat finger error. As reported here earlier, Samsung Securities had accidental…