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TOKYO, Japan (AFP) — Nissan on Wednesday announced the sale of its entire 1.54 percent stake in German auto giant Daimler for around 1.15 billion euros ($1.4 billion), following a similar move by its French partner Renault. The Japanese automaker has been trying to become profitable again and recover from the reputational damage caused by the departure of its now-fugitive former leader Carlos Ghosn. Nissan said the divestment will allow it to “further strengthen and […]
TOKYO, Japan (AFP) — Tokyo stocks opened slightly lower on Tuesday with energy-linked firms slipping on lower oil prices as a stronger yen put the brakes on automaker shares. The Japanese market has slipped from nearly two-year highs this week while Wall Street retreated from records on Monday. Investors were cautious ahead of the British general election on Thursday, after deadly terror attacks in London. A European Central Bank meeting and testimony by ex-FBI director […]
by Nova SAFO Agence France Presse CHICAGO, United States — Tesla on Monday became the second-largest United States car maker in terms of market capitalization, displacing Ford, whose sales lagged amid concerns about the ability of the US market to keep growing. Many major auto makers reported US sales declines in March compared to a year ago, but Tesla over the weekend said it saw a huge jump in vehicles delivered to consumers […]
TOKYO, Japan (AFP) — Tokyo stocks rose Friday morning as automakers and banks rose on the back of a drop in the yen, with solid US growth data boosting market sentiment. The benchmark Nikkei 225 index gained 0.66 percent, or 125.61 points, to sit at 19,188.83 by the lunch break, while the Topix index of all first-section issues was up 0.70 percent, or 10.68 points, to end the morning at 1,538.27. © Agence France-Presse
