PARIS (Reuters) - Renault sought to move on from an embarrassing botched spy probe, pledging on Friday to quickly find a new chief operating officer as it took a step toward firing a security executive at the heart of the investigation.The group ...

PARIS (Reuters) - The departure of Renault's number two executive over a spying-turned-fraud debacle heaps pressure on CEO Carlos Ghosn at a crucial moment in the carmaker's latest strategic initiative.Chief Operating Officer (COO) Patrick Pelata resigned on Monday, taking the ...

Renault said Monday its number two executive will be demoted while three others will be sacked in the wake of an industrial espionage fiasco at the French car-maker's electric vehicles programme.Patrick Pelata's offer to resign as chief operating officer ...

PARIS (Reuters) - Renault Chief Operating Officer Patrick Pelata resigned on Monday, taking the flak for the embarrassing fiasco that started as a probe into suspected industrial espionage case and ended as a fraud case.France's Renault fired three executives in January ...

PARIS (Reuters) - French carmaker Renault made a public apology to three executives accused of industrial espionage after the Paris prosecutor said the trio had no case to answer.Bank accounts in Switzerland and Liechtenstein, alleged to have belonged to the executives and ...

NEW YORK (Reuters) - Renault SA is making plans to exonerate three executives accused of industrial espionage and fired, the Wall Street Journal reported on Wednesday.One scenario being contemplated by the French automaker's board, Chief Operating Officer Patrick Pelata would offer ...

PARIS (Reuters) - Judo enthusiast Patrick Pelata knows all about falls, and he looks almost certain to take one to protect his boss as an embarrassing spying debacle engulfs Renault's boardroom.As Chief Operating Officer, 55 year-old Pelata took a leading role ...

PARIS (Reuters) - France faced severe political embarrassment on Friday after carmaker Renault said the three top executives it sacked for industrial espionage in January might not be spies after all.Finance Minister Christine Lagarde said the country's second-biggest autos group must ...

A boss of French automaker Renault said Saturday the company had been targeted by an international spy ring but claimed it had lost no major secrets in the affair which has seen top managers suspended.The French government meanwhile refused to confirm ...

Renault SA (RNO. FR) is keen to deepen its collaboration with Russian auto maker AvtoVAZ (AVAZ. RS), but an agreement that would allow the French...