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Renault, Nissan boards approve 'rebalanced' alliance
Renault, Nissan boards approve 'rebalanced' alliance
by  AFP

The boards of French automaker Renault and Japanese partner Nissan have approved a major overhaul of their rocky 24-year alliance following months of negotiations, the companies said on Monday. The Renault board approved the deal on Sunday while Nissan signed off on it on Monday, a week after the agreement was announced.

Australia seeks 'unimpeded trade' with China after costly sanctions
Australia seeks 'unimpeded trade' with China after costly sanctions
by  AFP

Australia on Monday asked China to resume "unimpeded trade" as ministers from the two countries held talks to repair their strained relationship. Trade Minister Don Farrell said he spoke by video link to Chinese Minister of Commerce Wang Wentao, stressing the need for "unimpeded trade for Australian exporters".

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