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NISSAN CONSIDERING CAR DEVELOPMENT WITH HONDA IN US
Nissan Motor is considering a joint project for vehicle and powertrain development with Honda Motor in the U.S. Nissan and Honda said last December they were in talks to merge but in February the two Japanese automakers ended the discussions, which were strained by disagreements including over the balance of power. There are currently no talks over a merger or capital alliance. Learn More
Nov 141 min read


CHINA'S ECONOMY JOLTED BY WEAKEST FACTORY OUTPUT, RETAIL SALES GROWTH IN OVER A YEAR
China's factory output and retail sales grew at their weakest pace in over a year in October, piling pressure on policymakers to revamp the $19 trillion export-driven economy as a trade war with the U.S. and weak domestic demand heighten risks to growth. For decades, the officials charged with keeping the world's second-largest economy humming have had the option of spurring its vast industrial complex to boost exports should consumers tighten spending at home, or reaching i
Nov 141 min read


ITALY'S SNAM SET TO SCRAP GERMAN GAS DEAL AMID BERLIN'S CONCERN OVER CHINA
Italian gas grid operator Snam is set to abandon its planned acquisition of a minority stake in Germany's largest independent gas transmission operator, sources said, amid resistance from the German economy ministry. Berlin's concerns over the 920-million-euro ($1.1 billion) transaction stem from the presence of China's State Grid as an indirect investor in Snam. Learn More
Nov 141 min read
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