LONDON (Reuters) – Nissan and Renault on Monday unveiled details of their redesigned alliance, with the Japanese car maker committing to buy a stake of up to 15% in Renault’s electric vehicles unit Ampere. The two companies gave details of new joint projects in Latin America, India and Europe. LATIN AMERICA The four projects to …
Factbox: Renault, Nissan detail joint projects to revive alliance Read More »
LONDON (Reuters) – A new deal to revive Renault’s long-standing partnership with Nissan allows the French carmaker to regain some agility without losing the benefits of the alliance, Renault’s CEO Luca de Meo said on Monday. The two car makers earlier gave details on the redesigned alliance, which will see Renault reduce its stake in …
Renault CEO: new deal with Nissan enables french group to regain agility Read More »
By Daniel Leussink and Leika Kihara TOKYO (Reuters) -Japan’s government has sounded out Bank of Japan (BOJ) Deputy Governor Masayoshi Amamiya to succeed incumbent Haruhiko Kuroda as central bank governor, the Nikkei newspaper reported on Monday, citing anonymous government and ruling party sources. Prime Minister Fumio Kishida told reporters later on Monday he would continue …
Japan’s government has sounded out Amamiya about becoming BOJ governor – Nikkei Read More »
BEIJING (Reuters) – China’s commerce minister Wang Wentao said talks held on Monday with Australian counterpart Don Farrell were a key step toward bringing bilateral economic and trade ties back on track, with relations improving after being strained in recent years. The virtual meeting came after Chinese officials relaxed import bans on Australian coal as …
China willing to restart trade exchange mechanism with Australia after talks Read More »
MANCHESTER, England (Reuters) – Japanese industrial company Daikin has signed a deal with the northern English city of Manchester to deploy heat pumps in some of its public buildings and act as a test bed for the technology, the company told Reuters exclusively. Daikin – one of the world’s largest air conditioning manufacturers – will …
Japan’s Daikin picks Manchester, UK as test bed for green tech Read More »
TOKYO (Reuters) – Mitsubishi Heavy Industries Ltd has internally decided to terminate the development of the Mitsubishi SpaceJet aircraft, industry publication Aviation Wire reported on Monday. Mitsubishi Heavy had suspended development of the aircraft, formerly called Mitsubishi Regional Jet (MRJ), in 2020 after a series of delays. When contacted by Reuters about the report, a …
Mitsubishi Heavy to terminate SpaceJet development -aviation wire Read More »
By Stefanno Sulaiman and Fransiska Nangoy JAKARTA (Reuters) -Indonesia’s economic growth climbed to its strongest in nine years last year fuelled by revived spending from the lifting of pandemic restrictions and as a global commodity boom sent exports to a record high. But momentum slowed in the final quarter as prices moderated, and weaker global …
Indonesia 2022 GDP growth races to 9-year high on commodities boom Read More »
PARIS (Reuters) – The board of Nissan has also voted in favour of reshaping its alliance with French carmaker Renault, a source said on Monday. The agreement, which will retool the two-decade-old alliance, had already got the backing from Renault’s board on Sunday. It will be formally unveiled on Monday in London. (Reporting by Gilles …
Nissan board also approved planned restructuring deal with Renault – source Read More »
By Fransiska Nangoy, Gayatri Suroyo and Bernadette Christina JAKARTA (Reuters) – Armed with the world’s largest reserves of nickel and a ban on the export of nickel ore, Indonesia is making itself indispensable for the electric vehicle industry, which uses the metal extensively. In just three years, Indonesia has signed more than a dozen deals …
Like Musk, nickel-rich Indonesia has high electric vehicle ambitions Read More »
By Karin Strohecker and Vincent Flasseur LONDON (Reuters) -Major central bank interest rates moves were off to a tepid start in January with a single hike by Canada but the pace will speed up again in February with policy makers in the U.S., Britain and the euro zone out of the starting blocks already. January …
Major central banks rekindle rate hike push after dry January Read More »
