Nissan seeks investor to replace some of Renault’s equity holding, FT reports
(Reuters) – Nissan (OTC:NSANY) Motor is looking for a long-term investor, such as a bank or insurance group, to help it replace some of Renault (EPA:RENA)’s diluted stakeholding, the Financial Times reported on Tuesday. Nissan, Japan’s third-largest automaker by vehicle…
Taiwan stocks higher at close of trade; Taiwan Weighted up 0.19%
Investing.com – Taiwan stocks were higher after the close on Tuesday, as gains in the Information Services, Other Electronic and Construction sectors led shares higher. At the close in Taiwan, the Taiwan Weighted gained 0.19%. The best performers of the…
Tech-wary Germans get hooked with online shopping habit
By Maria Martinez BERLIN (Reuters) – In only a few years, Germans have become a nation of online shoppers, with most now turning to devices to buy clothes, groceries and medicines in the wake of the COVID-19 pandemic. A survey…
ECB policy should not remain restrictive for too long, chief economist says
PARIS (Reuters) -There is still some way to go before euro zone inflation is sustainably back at 2% but ECB policy should not remain restrictive for too long, otherwise price growth could fall below target, Philip Lane, the bank’s chief…
Northvolt crisis may be make or break for Europe’s EV battery ambitions
By Marie Mannes, Alessandro Parodi, Stine Jacobsen STOCKHOLM/GDANSK (Reuters) -Northvolt’s financial collapse deals a blow to Europe’s plan to set up its own battery industry to power electric cars, stirring a debate about whether it needs to do more to…
Trump Treasury pick Scott Bessent to prioritize tax cuts, WSJ reports
(Reuters) -President-elect Donald Trump’s nominee for U.S. Treasury secretary, Scott Bessent, will prioritize delivering on election tax cut pledges, he told the Wall Street Journal in an interview published on Sunday. Bessent told the WSJ that tax cut measures would…