BLOOMBERG Nissan Motor Co forecast operating profit for the current fiscal year that exceeded analyst projections, as the Japanese carmaker gets costs under control while expanding output, thanks to improving supplies of semiconductors. Operating profit will be ¥520 billion ($3.9 billion) for the period through March 2024, the Yokohama-based company said. That compares with the average estimate for ¥402.8 billion. ...

NEW DELHI / WAM With an eye of markets in the Gulf, India is to expand the cultivation of dragon fruit by more than 16 times, the Ministry of Agriculture and Farmers Welfare here has announced. To help augment this effort, the ministry has authorised the setting up of a Centre of Excellence for dragon fruit cultivation in Bengaluru in ...

BLOOMBERG A Chinese property developer whose default in 2021 has since fed into a broader industry rout is facing resistance to its restructuring plan from a major shareholder. Fantasia Holdings Group Co’s second-biggest shareholder TCL Industries Holdings Co opposes the terms of the debt-to-equity swaps, a key part of the restructuring proposal that would dilute shareholders’ stakes, according to people ...