The decision comes a day after the U.S. Federal Reserve cut rates by 25 basis points, bringing the federal funds rate to 4.25%-4.5%.
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UniCredit raises stake in Commerzbank to 28% as Orcel ups ante on pursuit
Investors are watching whether UniCredit will proceed with a takeover venture of Germany’s Commerzbank or Italian peer Banco BPM.
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Here’s what a blockbuster Nissan-Honda merger could mean for the auto industry
Nissan and Honda are understood to be exploring a blockbuster merger as the two rival companies seek to stay competitive on the road to full electrification.
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December 19, 2024December 19, 2024Country, United States, Worldwide
Navigating Net-Zero Investing Benchmarks, Incentives, and Time Horizons
Net-zero investing will continue growing as emissions-reduction plans and programs take hold, climate change solution opportunities increase, and the industry develops better tools and skills to measure and manage climate change risk.
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Nissan shares surge 22% after media reports on potential mega merger with Honda
Nissan Motor shares surged Wednesday following a media report that the Japanese automaker is looking to merge with Honda.
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Kioxia shares climb slightly on debut in Tokyo after $800 million IPO
The company had raised 120 billion yen in its IPO, exercising a overallotment option. Shares were priced at 1,455 yen apiece.
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Japan’s Honda and Nissan to reportedly begin merger talks
Nissan and Honda plan to enter into negotiations for a merger to better compete in the rapidly changing automotive industry, the Nikkei newspaper reported.
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Cocoa prices climb to new record high, prompting fresh warnings about extreme volatility
The price of chocolate’s key ingredient has skyrocketed this year, prompting analysts to issue fresh warnings about extreme price volatility.
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UK kicks off review into training AI models on copyrighted content
The U.K. government said Tuesday it’s consulting on measures to regulate the use of copyrighted content by tech companies to train their AI models.
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Germany’s auto giants were already reeling. Now Trump wants to turn them into American companies
For Germany, the prospect of U.S. tariffs on European autos comes at a time when it’s top original equipment manufacturers are already reeling.