Renault chairman says alliance with Nissan strong, shares sense of urgency
The alliance between France's Renault SA and Japan's Nissan Motor Co remains strong, but its members share a sense of urgency, the alliance's chairman said on Thursday.
The alliance between France's Renault SA and Japan's Nissan Motor Co remains strong, but its members share a sense of urgency, the alliance's chairman said on Thursday.
India's Tata Motors Ltd on Thursday beat market expectation for quarterly profit, as sales for the maker of British luxury car brand Jaguar and Land Rover rose in China and it kept a tight lid on costs.
In his first address to the U.S. Congress, President Donald Trump hailed General Motors Co, Harley-Davidson Inc, Intel Corp and seven other companies as innovators and job creators, predicting they would be among those producing "tens of thousands of new American jobs" and investing "billions and billions of dollars."
Renault and Nissan can improve their alliance without altering ownership, the chairman of the Franco-Japanese partnership said on Thursday, rolling back from a previous push toward a full-blown merger that had rankled Nissan.
Stocks across the world tumbled on Thursday as the death toll from a virus spreading in China reached 170, forcing airlines to cut flights and stores to close as the potential economic hit from the outbreak came into focus.
Verizon Communications Inc on Thursday added more monthly mobile phone subscribers than expected as it benefited from including Disney+ streaming service with some of its plans.
The move is in line with a broader race to zero in the retail investing world.
Coca-Cola Co on Thursday reported better-than-expected quarterly sales driven by demand for its sparkling soft drinks, teas and coffees in North America and emerging markets.
NBCUniversal was fined 14.3 million euros ($15.86 million) by the European Union on Thursday for illegally restricting sales of merchandise linked to films such as "Minions", as the bloc cracks down on practices blocking cross-border online trade.
U.S. stock index futures pared some losses on Thursday after data showed domestic economy rose at a 2.1% annualized rate in the fourth quarter, in line with expectations.
Coca-Cola Co's quarterly revenue beat market expectations on Thursday, driven by the beverage maker's signature soda, Fuze teas and coffees in North America and emerging markets.
The U.S. economy missed the Trump administration's 3% growth target for a second straight year, posting its slowest annual growth in three years in 2019 as the slump in business investment deepened amid damaging trade tensions.
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Oil prices fell on Thursday on concerns over the potential economic impact of the coronavirus that continues to spread worldwide, while the market also considered the possibility of an early OPEC meeting.
Spirit AeroSystems said on Thursday it would gradually restart production of parts for Boeing Co's 737 MAX jets and deliver 216 shipsets in 2020.