Honda and Nissan consider mutual production of vehicles, Kyodo reports
TOKYO (Reuters) – Honda (NYSE:HMC) and Nissan (OTC:NSANY) are considering producing vehicles in one another’s factories as part of their talks to deepen ties, news agency Kyodo reported on Saturday without citing sources. The report added that Honda will also…
Luxury labels bulk up on lower-priced goods to appeal to middle-class shoppers
By Mimosa Spencer PARIS (Reuters) – Confronting a broad decline in demand for their usual fare, including $3,000-and-up handbags and $4,000-and-up cashmere jackets, major marketers of designer and luxury merchandise are broadening their product lines to emphasize scarves, belts, wallets…
Japan stocks lower at close of trade; Nikkei 225 down 0.22%
Investing.com – Japan stocks were lower after the close on Friday, as losses in the Communication, Steel and Transportation Equipment sectors led shares lower. At the close in Tokyo, the Nikkei 225 fell 0.22%. The best performers of the session…
Rapprochement between Volkswagen and union in wage talks, sources say
(Reuters) – There has been rapprochement between Volkswagen (ETR:VOWG_p) and the IG Metall union during the longest-ever talks over pay and job security, sources close to the negotiations told Reuters on Friday, without providing further details. The fifth round of…
Trump transfers all Trump Media shares into a trust
Investing.com– President-elect Donald Trump this week transferred his entire stake in Trump Media & Technology Group Corp (NASDAQ:DJT) shares into a revocable trust of which he is the sole beneficiary, an SEC filing showed on Thursday evening. Trump moved 114.75…
Private equity faces an exit problem in Europe as bigger deals beckon
By Emma-Victoria Farr and Andres Gonzalez LONDON (Reuters) – Private equity funds in Europe, even though flush with cash, are thinking twice about buying businesses that could be difficult to sell and carefully working through their exit plans before making…