Nissan Motor will post losses totaling $4.2 billion this fiscal year as it continues its restructuring plan to survive in a global market defined by weak auto sales, U.S. tariffs, and a slower-than-expected shift among consumers to electric cars.
Tag: Global Economy
Post
BEIJING CLAMPS DOWN ON CHINA’S AI STOCK BOOM
While U.S.-listed stocks related to artificial intelligence (AI) swell their valuations unchecked, Chinese officials are taking steps to quell what might be seen as irrational exuberance.
Post
U.K. ECONOMY MANAGES TO GROW FOR A SECOND YEAR
The British economy grew 1.3 percent last year, building on 2025’s 1.1-percent expansion, the U.K.’s Office for National Statistics reported. The GDP advanced 0.1 percent in each of last year’s third and fourth quarters.
Post
GOING OUT OF BUSINESS TRENDS
Closures continue to hit the retail and restaurant industry due to rising costs and declining demand.
Post
WHEN THE ECONOMY FALLS, JOBS GO WITH IT
The U.S. added 130,000 jobs in January according to data released Wednesday by the Bureau of Labor Statistics (BLS).
Post
SPECIAL REPORT: AI FEARS GRIP EQUITY MARKETS
PUBLISHER’S NOTE: As we had forecast last year at this time, prepare for a Dot-com Bust 2.0. See: ● “DOT.COM BUST 2.0? CHINA’S DEEPSEEK MAKES CLAIMS THAT COULD REVOLUTIONIZE AI MARKET…AND CRASH U.S. STOCK MARKET.” (28 Jan 2025) ● “MICROSOFT CEO PRAISES DEEPSEEK, WILL OFFER THE R1 TO ITS CUSTOMERS” (4 Feb 2025) ● “SPECIAL REPORT: CHINA’S TECH SURGE” (18 Feb 2025) ● “U.S. DOMINANCE OF EQUITY......
Post
GERMANY LOST MORE THAN $1 TRILLION IN GDP OUTPUT SINCE COVID WAR, AS NEARLY 70 PERCENT OF GERMANS DISAPPROVE OF MERZ
Germany, Europe’s biggest economy, has lost more than $1 trillion over the last six years as a result of the COVID-19 War, the Ukraine War, and President Donald Trump’s tariffs against the country, according to data from the German Economic Institute.
Post
EUROPE’S BIGGEST ASSET MANAGER SHUNS INVESTMENTS IN THE U.S.
Paris-based Amundi, with about €2.38 trillion in assets under management, is shrinking its exposure to the U.S. dollar and telling clients to steer clear of investments denominated in the currency.
Post
SPOTLIGHT: BIGS GETTING BIGGER
Spanish bank Banco Santander has agreed to pay about $12.3 billion in cash and stock to take over Webster Financial, a Connecticut bank with roughly $80 billion in assets and 177 branches throughout the New York City region and in Massachusetts and Rhode Island.
Post
KPMG WANGLES DISCOUNT ON ITS AUDIT, CLAIMING AI CUT THE COST
International business services giant KPMG negotiated a lower fee for its annual audit, arguing that the auditor used artificial intelligence and therefore faced less expense in carrying out the complex task, people familiar told the Financial Times.