Arrest of Renault CEO Shakes France 
 

The arrest of Carlos Ghosn by Japanese authorities shook up Renault and its biggest shareholder, the French state, as it threw into question the auto maker's position in its alliance with Nissan and Mitsubishi.

 
Ghosn Arrested as Nissan Plans Ouster for False Pay Filings 
 

Nissan Chairman Carlos Ghosn was arrested in Tokyo, and Nissan said it intended to oust him after uncovering 'significant acts' of financial misconduct, including underreporting his income in securities filings.

 
Société Générale Touts Compliance Improvements When Striking Settlements 
 

French bank Société Générale pointed to its cooperation with authorities and enhancements to its corporate compliance programs as reasons the bank received settlements over allegations it violated sanctions law.

 
Management Still Stumped by Victoria's Secret 
 

L Brands reported declining sales and a new boss for lingerie brand Victoria's Secret and needs to figure out what now appeals to women.

 
Cimarex Energy to Buy Resolute Energy 
 

Cimarex Energy has agreed to buy Resolute Energy for $35 a share, or about $811 million in cash and stock, in a union of Denver oil and gas companies.

 
Taylor Swift Tries to Help Fellow Artists With Universal Music Deal 
 

The biggest free agent in music signed a long-term deal with the world's biggest record company, in the process using her clout to try to score some points for other artists signed to the same label.

 
L Brands Slashes Dividend, Picks Chief for Victoria's Secret Lingerie 
 

L Brands said it had hired a Tory Burch executive to take over its Victoria's Secret lingerie business after the chain posted another quarter of declining same-store sales.

 
Mercuria Is Favorite to Buy Bankrupt Aegean Marine 
 

Swiss commodities trader Mercuria Energy is moving to buy bankrupt Aegean Marine Petroleum, believing tough new fuel emissions rules will lead to the bigger financial returns needed to turn around the distressed business.

 
Former College Basketball Player Sues Adidas Over Payments 
 

Fallout from a federal probe of alleged corruption in college basketball entered a new chapter as a former University of Louisville player sued Adidas, alleging the sports-clothing maker violated racketeering laws by paying families of high-profile recruits.

 
Société Générale to Pay $1.3 Billion to Resolve Violations 
 

French bank Société Générale agreed to pay $1.3 billion in fines and penalties related to U.S. federal and state allegations that it processed billions of dollars in transactions connected to Iran, Sudan, Cuba and Libya over the course of a decade.

(END) Dow Jones Newswires

November 19, 2018 21:00 ET (02:00 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.