Honda and Nissan announce plans to merge after Japanese auto giants struggle to compete with rivals in electric vehicles | Money News Aitrend

Honda and Nissan announce plans to merge after Japanese auto giants struggle to compete with rivals in electric vehicles | Money News

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Japanese automobile giants Honda and Nissan have announced plans to merge. That would make it the third-largest automaker by sales, behind Toyota Motor Corp and Volkswagen AG. The two companies announced that they had signed a memorandum of understanding that would also include smaller companies. Nissan Alliance member Mitsubishi Motors is participating in the integration … Read more

Retail giants prepare new Treasury warning over retail jobs | Money News Aitrend

Retail giants prepare new Treasury warning over retail jobs | Money News

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Retail giants including Asda, Marks & Spencer, Primark and Tesco will host a New Year’s campaign to warn Rachel Reeves that plans to increase business rates in department stores will put jobs and workers at risk. stores. Sky News has learned that some of Britain’s biggest chains – which also include J Sainsbury, Morrisons and … Read more

$32.5 billion settlement with tobacco giants approved by creditors, lawyer says Aitrend

.5 billion settlement with tobacco giants approved by creditors, lawyer says

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A proposed agreement that would see three tobacco The giants’ payout of billions to provinces and territories, as well as smokers across Canada, has been approved by the companies’ creditors, a lawyer representing some of the creditors said Thursday, calling it an important step in a long-running legal saga . The proposed $32.5 billion global … Read more