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19879 articles published since 08 Mar 2022

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Honda and Nissan to launch merger talks
Honda and Nissan to launch merger talks
Business and Economy

Japanese auto giants Honda and Nissan on Monday agreed to launch talks on a merger seen as a bid to catch up with Chinese rivals and Tesla on electric vehicles. Ghosn told reporters in Tokyo on Monday via video link from Lebanon, where he is at large, that turning to its arch-rival Honda showed that Nissan was in "panic mode".

Honda and Nissan expected to begin merger talks
Honda and Nissan expected to begin merger talks
Business and Economy

Honda and Nissan were poised Monday to announce the start of talks on a merger to help the Japanese giants catch up with Chinese rivals and Tesla on electric vehicles. Business has been especially tough for foreign brands in China, where electric vehicle manufacturers such as BYD are leading the way as demand grows for less polluting vehicles.

Sweet smell of success for niche perfumes
Sweet smell of success for niche perfumes
Business and Economy

They don't advertise and they are largely unknown to the general public but niche perfumes are able to command prices of hundreds of dollars from men and women seeking to stand out. "There isn't a top brand without its niche perfume today," said Eric Briones, who wrote a book about luxury and Generation Z (people born between the late 1990s and early 2010s).

Stellantis backtracks on plan to lay off 1,100 at US Jeep plant
Stellantis backtracks on plan to lay off 1,100 at US Jeep plant
Business and Economy

Stellantis confirmed Saturday it was reversing a decision to lay off 1,100 workers at its Jeep plant in the US state of Ohio, following the ouster of embattled chief executive Carlos Tavares. The automaker had announced the job cuts at the plant in Toledo, Ohio in early November, saying it was part of an effort to "regain its competitive edge" amid struggles with falling sales.

France's most powerful nuclear reactor finally comes on stream
France's most powerful nuclear reactor finally comes on stream
Business and Economy

France on Saturday connected its most powerful nuclear power reactor to the national electricity grid in what leaders hailed as a landmark moment despite years of delays, budget overruns and technical setbacks. "The last time a reactor started up in France was 25 years ago at Civaux 2," he said, referring to the Civaux power plant in southwestern France.

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