Japan's Nissan Motor Co has told its managers to slash non-essential spending as the automaker grapples with slumping car sales and tumbling profits, three company sources with knowledge of the matter told Reuters.
World stocks scaled record highs on Friday and oil prices stayed buoyant in a holiday-shortened week, as optimism grew that a U.S.-China trade deal would soon be signed.
Apple has seen the biggest increase in analyst sell ratings among the 40 largest U.S. stocks.
U.S. stock indexes were set to open at fresh record highs on Friday as optimism over U.S.-China trade relations and an improving global economy brightened investor sentiment going into the new year.
Daniel Pinto has served as J.P. Morgan's co-president and co-chief operating officer for the last two years.
Oil prices steadied on Friday, hovering just under three-month highs as upbeat economic data from China and the United States and optimism over a trade deal between the two major economies improved investor sentiment.
These strategies sound cold but they could be the best way to melt down credit card debt.
China's market regulator on Friday has fined Japanese carmaker Toyota Motor 87.6 million yuan ($12.5 million) for price-fixing on its premium Lexus cars in eastern Jiangsu province, according to a document on its website.
Wall Street opened at another record high, as optimism over U.S.-China trade relations and an improving global economy brightened investor sentiment going into the new year.
Turkey unveiled its first fully domestically-produced car on Friday, saying it aimed to eventually produce up to 175,000 a year of the electric vehicle in a project expected to cost 22 billion lira ($3.7 billion) over 13 years.
Global equity markets scaled fresh records in a year-end rally on Friday as upbeat Chinese economic data and optimism a U.S.-Sino trade deal is imminent bolstered global growth prospects, but the dollar weakened as risk appetite increased.
The start of the new year is a good time to teach your kids about the power of compound interest and the dangers of debt. And experts say the best way to make these lessons stick is through action.
Oil prices edged down from three-month highs on Friday as investors' optimism on economic growth was clouded by the Russian energy minister's comments downplaying oil output cuts next year.
Wall Street hovered at record highs on Friday, as investors paused after a year-end rally that has been fueled by optimism over a U.S.-China trade truce and an improving global economy.
Next year, families with student loans can start using their 529 college savings plans to repay the balance owed — thanks to the Secure Act. Just make sure your state is also on board with this, otherwise you could face surprise taxes and penalties.