Business and Financial News



Sales are still falling at the retailer which is closing stores as part of a restructuring plan.

Carlos Ghosn, the ousted chairman of Nissan Motor, has filed a complaint against a court decision to extend his detention following his re-arrest on fresh allegations of financial misconduct, the Tokyo District Court said on Tuesday.

Between 75 and 80 per cent of Americans who have a Christmas tree now have an artificial one, and the $1 billion market for fake trees is growing at about 4 per cent a year -- even though they can be reused again and again.

A Tokyo court has decided Nissan Motor Co.'s former chairman Carlos Ghosn and another executive, both arrested Nov. 19, will remain in custody through Dec. 20.

* Chinese shares bounce on trade optimism, sentiment cautious

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