Bloomberg Renault SA and Nissan Motor Co need to define a common strategy first before discussing a potential tie-up with Fiat Chrysler Automobiles NV, French Finance Minister Bruno Le Maire said. The coolness towards the possibility of extending the alliance to the Italian-American carmaker comes against the background of a revival of France’s relationship with Italy after the installation of ...

Bloomberg Volkswagen AG said it is shuffling the leadership at its Moia unit to map out next steps in the development of its ride-sharing operations. Ole Harms, who has led Moia since its founding in 2016, will take on “a new, responsible task” within the world’s biggest automaker, the German manufacturer said in a statement. His successor will be the ...

Bloomberg Billionaire founder of Public Storage, B Wayne Hughes Sr, donated almost $400 million to the University of Southern California (USC), most of which was given anonymously, according to the Los Angeles Times. The son of a sharecropper, Hughes fled from dust storms in Oklahoma to Los Angeles, where he graduated from USC in 1957. The newspaper identified him as ...