Nissan sees conflict of interest if Renault director joins reform teams: source
Nissan Motor Co believes that attempts by Renault SA to place one of its directors on Nissan’s planned governance reform committees may lead to a conflict of interest, a source with knowledge of the issue told Reuters on Monday.
Air New Zealand drops ban on staff tattoos amid discrimination concerns
Air New Zealand said on Monday it was ending a longstanding ban on staff having visible tattoos after facing criticism that the policy discriminated against Māori employees.
Oil rises as Saudi sees OPEC, Russia restricting supplies for longer
Oil prices rose on Monday after Saudi Arabia said producer club OPEC and Russia were likely to keep withholding supplies, and in relief as the United States withdrew its threat to impose import tariffs on Mexico, removing one cloud over the global econ…
Global stocks gain as Mexico tariffs averted, yuan falls to 2019 lows
U.S. stock futures and Asian shares rose on Monday after the United States dropped its threat to impose tariffs on Mexico in a deal to combat illegal migration from Central America, and as weak U.S. jobs data raised hopes for U.S. interest rate cuts.
Exclusive: FCA-Renault revival may hinge on Nissan stake cut – sources
Fiat Chrysler Automobiles NV and Renault SA are looking for ways to resuscitate their collapsed merger plan and secure the approval of the French carmaker’s alliance partner Nissan Motor Co Ltd , according to several sources close to the companies.
U.S. stock futures, Asian shares gain as Mexico tariffs averted
U.S. stock futures and Asian shares rose on Monday after the United States dropped its threat to impose tariffs on Mexico in a deal to combat illegal migration from Central America, while weak U.S. jobs data raised hopes for U.S. interest rate cuts.
White House seeks delay on Huawei ban for contractors
The White House Office of Management and Budget has asked the U.S. Congress for more time to phase in a ban on federal contracts with companies that do business with Chinese telecom giant Huawei, part of a defense law passed last year.
United Technologies, Raytheon to create $120 billion aerospace and defense giant
United Technologies Corp agreed on Sunday to combine its aerospace business with U.S. contractor Raytheon Co and create a new company worth about $121 billion, in what would be the sector’s biggest ever merger.
Oil prices rise on likelihood of ongoing OPEC+ supply cuts
Oil prices rose on Monday after Saudi Arabia said producer club OPEC and Russia were likely to keep withholding supplies, and in relief that the United States and Mexico averted a trade war that would have damaged the global economy.
Nissan CEO: If differences of opinion with Renault, then would like to discuss – Jiji
If Nissan Motor Co and its top shareholder Renault SA have differences of opinion, then those should be discussed, Jiji news agency quoted Nissan’s chief executive as saying on Monday.