Nissan will be the victim of cost-cutting “carnage” if it combines forces with Japanese peer Hondaformer Nissan CEO Carlos Ghosn told CNBC on Tuesday. “I think, without any doubt, Honda is going to be in the driver’s seat, which is very sad to see after having led Nissan for 19 years [and] brought Nissan to […]
Couple looks at light-emitting diode illuminations ahead of Christmas in Tokyo, Japan Kiyoshi Ota | Bloomberg | Getty Images Asia-Pacific markets were set to start the holiday-shortened Christmas week on a positive note, after a U.S. government shutdown was averted over the weekend. On Monday, investors will be looking out for any official announcement related […]
Nissan Motor CEO Makoto Uchida (L) listens to Honda Motor CEO Toshihiro Mibe (R) attend a joint press conference on March 15, 2024 in Tokyo, Japan. Tomohiro Ohsumi | Getty Images News | Getty Images Top Japanese carmakers Nissan Motor and Honda Motor are understood to be exploring a blockbuster merger, sending shock waves through the global automotive […]
French film companies Rectangle Productions and Goodfellas have completed their merger, the two companies unveiled on Friday. Rectangle, the production house behind San Sebastian opener Emmanuelle and 2021 Venice festival winner Happeningand Vincent Maraval’s Goodfellas, who have handled international sales on such features as Hayao Miyazaki’s Oscar-winning The Boy and The Heronand Francis Ford Coppola’s […]
Makoto Uchida (L), president and CEO of Japanese auto maker Nissan, shakes hands with Toshihiro Mibe (R), director, president and representative executive officer of auto maker Honda, following a press conference in Tokyo on August 1, 2024. Richard A. Brooks | Afp | Getty Images Nissan Motor shares surged Wednesday following a media report that […]
A pedestrian walks past a Vodafone store in central London on May 16, 2023. British mobile giant Vodafone is to axe 11,000 jobs over three years in the latest cull to hit the tech sector, as new boss Margherita Della Valle slammed recent performance. Adrian Dennis | AFP | Getty Images Britain’s competition regulator on […]
DirecTV has dropped its plans to acquire Dish, the company announced Thursday. The deal would’ve created a TV service megamerger, but it fell through after Dish bondholders rejected the takeover. “While we believed a combination of DIRECTV and DISH would have benefitted all stakeholders, we have terminated the transaction because the proposed Exchange Terms were […]
Mukesh Ambani, chairman of Reliance Industries Ltd., during the Vibrant Gujarat Global Summit in … [+] Gandhinagar, Gujarat, India, on Wednesday, Jan. 10, 2024. © 2024 Bloomberg Finance LP Reliance Industries—controlled by India’s richest person, Mukesh Ambani—and Walt Disney Co. have completed merging their Indian media assets, creating India’s largest entertainment company valued at $8.5 […]
