Tag: COMPANY BUSINESS NEWS
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Honda and Nissan’s Merger Talks: Navigating Competition from Chinese Automakers
Honda Motor Co. and Nissan Motor Co. are exploring a merger amidst fierce competition from Chinese automakers. Their talks initiated on December 23, aiming for a deal by August 2026, focus on over $6.4 billion in collaborations. However, concerns exist regarding their electric vehicle offerings and challenges in recovery, especially in the Chinese market, where…
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TotalEnergies Halts Investments amid Adani Group Corruption Investigation
TotalEnergies has paused its financial contributions to the Adani Group amid a U.S. investigation into corruption. The company was unaware of the ongoing investigation at the time of its investment. Whistleblower Nelson Amenya commented on the adversity faced by Adani, whose executives have been indicted for bribery of Indian officials. TotalEnergies has significant stakes in…