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