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Nissan announces 9,000 job cuts, slashes sales forecast
Nissan announces 9,000 job cuts, slashes sales forecast
by  AFP

Japanese automaker Nissan on Thursday announced 9,000 job cuts as it slashed its annual sales forecast, saying it was taking urgent measures to tackle "a severe situation". "Facing a severe situation, Nissan is taking urgent measures to turnaround its performance and create a leaner, more resilient business capable of swiftly adapting to changes in the market," a company statement said.

China export growth beats expectations with October surge
China export growth beats expectations with October surge
by  AFP

Chinese exports surged last month at their fastest pace in more than two years, data showed Thursday, easily topping forecasts and providing optimism about the economy as officials steel for a potential US trade war after Donald Trump was re-elected president.

Equities swing, bitcoin hits record as traders weigh Trump 2.0
Equities swing, bitcoin hits record as traders weigh Trump 2.0
by  AFP

Asian equities fluctuated Thursday, while the dollar held gains and bitcoin hit a fresh record as markets try to ascertain the consequences of a second Donald Trump presidency after he pledged to cut taxes and ramp up tariffs with an eye on China.

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