Honda and Nissan officially begin merger talks to create world’s third-largest automaker

Vehicles are offered for sale at a Nissan dealership on December 18, 2024 in Libertyville, Illinois.  Scott Olson | Getty Images Japanese automakers Nissan and Honda on Monday announced they had entered into official talks to merge and create the world’s third-largest automaker by sales. In a press conference on Monday, Honda CEO Toshihiro Mibe said the … Read more

Why Europe’s trade deal with South America is so controversial

Ursula von der Leyen, president of the European Commission, during a news conference at the Mercosur Leaders Summit in Montevideo, Uruguay, on Friday, Dec. 6, 2024. Bloomberg | Bloomberg | Getty Images The European Union’s blockbuster trade deal with South America’s Mercosur bloc is widely regarded as highly controversial, with EU member states split over … Read more

Murdoch’s News Corp to sell Foxtel to Britain’s DAZN for $2.1 billion

Foxtel headquarters are seen at North Ryde on June 20, 2012 in Sydney. Cameron Spencer | Getty Images News | Getty Images News Corp and telco Telstra have agreed to sell their Australian cable TV and streaming company Foxtel to British sports platform DAZN, valuing the struggling business at A$3.4 billion ($2.1 billion), including debt. As part … Read more

Nissan Honda merger, Singapore CPI in focus

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 … Read more

Stock futures inch higher as the market heads into holiday-shortened week: Live updates

Traders work on the floor at the New York Stock Exchange on Dec. 10, 2024. Brendan McDermid | Reuters Stock futures edged up in overnight trading Sunday as the market gears up for a holiday-shortened trading week. Futures on the Dow Jones Industrial Average gained about 100 points. S&P 500 futures rose 0.3% and Nasdaq … Read more

Amtrak temporarily suspends Northeast Corridor service days before holiday

Amtrak Locomotive Engineer Davis Grilley drove The Winter Park Express from Denver Union Station to Winter Park in Winter Park, Colorado on Friday, December 20, 2024.  Hyoung Chang | Denver Post | Getty Images Amtrak temporarily suspended all train service between New York and Philadelphia Sunday morning due to downed overhead power wires that were … Read more