Tag: fiction

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Honda, Nissan Call Off Merger Plans, Honda Shares Rise While Nissan's Slide

Nissan and Honda's proposed merger is off, leaving Nissan in search of new partnerships. Honda CEO says the companies will still collaborate on EVs and other technologies. Nissan CEO warns of difficulties for Nissan without a major partner.

Trump Signs Reciprocal Tariffs Plan, Delays Implementation for Negotiations

President Trump signs reciprocal tariff plan, delays implementation for negotiations with impacted countries.

Nissan-Honda Merger Falls Apart, Leaving Both Companies With Uncertain Futures

Honda and Nissan terminate merger, leading to strategic partnership. Nissan faces challenges without a major partner, while Honda highlights "mutual appreciation of synergies." Despite Honda's desire, a merger was not feasible due to cultural differences and concerns about Nissan's autonomy. Big Tech companies like Foxconn and private equity firms like KKR emerge as potential partners for Nissan.

Musk Withdraws Offer to Buy OpenAI if Non-Profit Drops Conversion Plan

Elon Musk threatens to scrap $97.4B bid for OpenAI if the company abandons its nonprofit status.

Investors Doubt Trump's Tariffs Boosting Economy, Yahoo Finance Survey Finds

President Trump's protectionist trade policy faces doubts from savvy investors, with a Yahoo Finance survey indicating expectations of higher prices and economic damage from tariffs on Chinese imports, steel, and aluminum.

Avolon CEO Sees Boeing Production Recovery, Cautions on Supply Chain

Avolon CEO Praises Boeing's Production Stabilization Efforts After Strike, Highlights Supply Chain Strain

Egg Prices Are Soaring, but Grocers Are Keeping Them Low

Egg prices have reached a record high, driven by an avian flu outbreak. Despite this, grocery stores are keeping prices lower than wholesale costs, using eggs as loss leaders and loyalty rewards to attract customers and avoid empty shelves. However, with demand remaining strong and prices expected to increase further, the effectiveness of these strategies is uncertain.

Apple iPhones to Use Alibaba AI in China, Chairman Says

Alibaba provides AI technology for Apple iPhones in China, solidifying its position in the competitive domestic AI market.

Legrand Doesn't See U.S. Tariffs as Strategic Issue

French electrical group Legrand does not see U.S. tariffs as a strategic issue and expects the financial impact to be around $30 million.

Rupee Surge May Be Short-Lived as Traders See Weakness Ahead

Indian Rupee jumps, but analysts expect weakness due to easing monetary policy and rising global volatility.