Hints and tips:
...Paul Mason, an analyst with E&P, said: “This is clearly a positive development for the Altium share price....
...Honda and Nissan will work together on electric vehicle technology in a deal bringing together Japan’s second- and third-largest carmakers as they try to survive the upheaval brought by the influx of China...
...US stocks gained on Tuesday, with the S&P 500 adding 0.1 per cent to extend its winning streak to eight sessions....
...Also, it will be a busy week for carmakers — notably Nissan, Toyota and Ford — and (yet more) tech — Alibaba, Arm, Spotify and Uber. More details below....
...UK business activity grew marginally in November, according to new S&P Global/Cips PMI data....
...The downgrade to BB+, S&P’s highest non-investment grade mark, came weeks after Nissan’s quarterly net profit came in below analyst expectations....
...This cover is provided in the first instance to the Dali by Britannia P&I Club....
...Unlike some models from Ford, GM, Volkswagen and Nissan, its EVs are not built in the US and so do not qualify for the tax credit under President Joe Biden’s Inflation Reduction Act....
...Here’s part of what S&P Ratings says prompted the Nissan downgrade in a FAQ, with our emphasis: Initially, we assumed there would be a prompt earnings recovery for Nissan Motor....
...Japan’s big-name car companies are likely to receive funds for green transportation: Toyota, Honda, Nissan and Mazda....
...The Nasdaq Composite added 1 per cent, closing at its highest level since June, while the S&P 500 gained 0.4 per cent....
...Analysts had expected profits of ¥925.6bn, according to S&P Capital IQ....
...In their chapter on class and socio-economic status (p.128), Professor Geoff Evans and Matthew Blayney look at the extent to which the class realignment of British politics (where the working class now votes...
...There, local EV adoption is also extremely low at less than 1 per cent of total vehicle registrations, according S&P Global Mobility....
...Earnings: Asian companies reporting results include Toyota, Nissan and Singapore Exchange....
...Monday France, Germany, Italy, Japan, UK, US: S&P Global/Cips/HCOB manufacturing and services purchasing managers’ index (PMI) data Germany: monthly retail sales figures Results: Cranswick Q1 trading...
...Nissan and Renault finalised a shake-up in their alliance in the face of China’s growing strength in electric vehicles....
...The Japanese group reported operating profit of ¥64.9bn ($479mn), down from ¥75.7bn a year earlier but better than analyst estimates of ¥45.6bn, according to S&P Global Market Intelligence....
...The S&P 500 ended 2.6 per cent higher for the day. The Nasdaq Composite leapt 4.1 per cent, its largest daily increase since April 2020....
...Monday EU, December retail sales figures Germany, December factory orders UK, S&P Global/Cips construction purchasing managers’ index (PMI) data Results: Activision Blizzard Q4, Anima FY, JFE Holdings...
...Now most S&P 500 companies are run with ruthless efficiency, making leveraged buyouts harder for KKR to pencil out....
...That was still below analysts’ forecasts for a ¥78bn profit, according to S&P Global Market Intelligence....
...Japanese carmakers Nissan and Honda will be revealing their P&Ls this week....
...The state’s industrial parks host international investors such as Renault-Nissan and Hyundai, which have large car factories; Dell makes computers there and Samsung produces TVs, washing machines and fridges...
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