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Foxconn exec in France to discuss Nissan stake purchase from Renault, Central News Agency reports

TAIPEI (Reuters) – A senior executive of Taiwan-based contract manufacturer Foxconn (SS:601138) is in France to discuss a potential stake purchase in Nissan (OTC:NSANY) Motor from the Japanese automaker’s biggest shareholder Renault (EPA:RENA), Central News Agency reported on Thursday. Jun…

RTX aims to boost India headcount by 14% in 3 years, execs say

By Sai Ishwarbharath B BENGALURU (Reuters) – U.S. aerospace and defence giant RTX Corp plans to hire 1,000 more people to its 7,000-strong workforce in India by 2027, its top executives told Reuters, as it looks for more engineers and…

Taiwan stocks higher at close of trade; Taiwan Weighted up 0.65%

Investing.com – Taiwan stocks were higher after the close on Thursday, as gains in the Machinery, Plastic and Optoelectronic sectors led shares higher. At the close in Taiwan, the Taiwan Weighted gained 0.65%. The best performers of the session on…

Morning Bid: Japan holds, Bank of England up next

A look at the day ahead in European and global markets from Tom Westbrook The Bank of Japan left interest rates on hold, as expected, clearing the way for traders to sell the yen – which fell to a one-month…

Tesla’s China factory head Song Gang leaves company, letter to staff shows

(Reuters) – Tesla (NASDAQ:TSLA)’s Shanghai plant manager Song Gang has left the company, according to a letter he sent to staff on Wednesday. Song, who became Gigafactory Shanghai’s manager in 2018, informed Tesla employees that Wednesday would be his last…

Amazon: Bernstein hikes price target, says best investment idea for 2025

Investing.com– Bernstein has raised its price target on Amazon.com Inc (NASDAQ:AMZN) over expectations of strong long-term growth driven by operational efficiency and sustained momentum across its business segments. The brokerage raised the target to $265 from the previous $235, maintaining…