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Nissan pushes back Renault’s renewed efforts to merge

Bloomberg Nissan Motor Co is opposing renewed efforts by alliance partner Renault SA to merge under a holding company because such a structure won’t help turn the Japanese carmaker around, a person with knowledge of the discussions said. Talks have been ongoing since Renault Chairman Jean-Dominique Senard first made an informal proposal to Nissan Chief Executive Officer Hiroto Saikawa, the ...

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European economy not yet on solid ground as business sweats

Bloomberg Europe has a long way to go if it’s to deliver on the hope sparked by recent economic numbers. While there are hints that the bloc’s sharp deceleration is ending, there’s no escaping fresh doubts over global trade, ongoing weakness in German manufacturing, uncertainty over China’s growth, and Brexit. That’s got some of Europe’s big corporate names continuing to ...

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Norway economic growth slows as investments drop

Bloomberg Economic growth in western Europe’s largest exporter of oil and gas slowed more than forecast in the first quarter, sending a warning to policy makers preparing for a third interest rate increase in June. Mainland gross domestic product, which excludes oil and shipping, expanded 0.3% in the quarter, Statistics Norway said in a statement on Monday. That was down ...

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