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Nissan-Renault deal is dead in all but name

Even after a relationship is dead, couples often go through the motions of remaining in a marriage. That’s the best way to characterise what’s left of the alliance between Renault SA and Nissan Motor Co. Renault must sell down its 43.4 percent stake in its Japanese partner to 5 percent-10 percent and both sides should “invest in new ventures,” Nissan’s ...

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Electric scooters: Europe takes a wild regulatory ride

This has been the summer of the electric scooter in Europe; but the UK and Ireland, which still ban the things, are probably right to hold out. So far, no government in the region has figured out a good way to regulate them. US e-scooter sharing companies like Bird, Lime and Jump (a subsidiary of Uber) have all been expanding ...

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China’s central bank assures firms yuan won’t fall further

Bloomberg Senior People’s Bank of China (PBOC) officials reassured foreign companies that the currency won’t continue to weaken significantly, a day after the yuan fell below 7 per dollar for the first time since 2008. The central bank held a meeting with a number of foreign exporters in Beijing, at which officials also said that companies’ ability to buy and ...

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