Author: Reuters Econ

Honda and Nissan are considering producing vehicles in one another’s factories as part of their talks to deepen ties, news agency Kyodo reported on Saturday without citing sources.

Tesla said on Friday it was recalling 694,304 vehicles in the United States over an issue with the tire pressure monitoring system.

U.S. stock index futures edged higher on Thursday as investors digested the Federal Reserve’s projections of fewer-than-expected interest rate cuts and higher inflation next year that pummeled Wall Street a day earlier.

Nissan Motor’s largest shareholder Renault is open to the Japanese automaker pursuing merger talks with peer Honda Motor , Bloomberg News reported on Wednesday.

Investor allocations to U.S. equities has hit a record high this month, at the expense of European stocks, commodities and cash, according to a December survey from BofA Global Research.

U.S. oil major Chevron Corp is considering ways to supply lower carbon power for data center operators, Jeff Gustavson, president of Chevron New Energies said in an interview at the Reuters NEXT conference in New York.

BNY is bracing for a U.S. economic growth boost under the new Donald Trump U.S. presidency, CEO Robin Vince said on Wednesday during an interview at the Reuters NEXT conference in New York.

Maersk expects global container market volume rising as much as 7% next year, bolstered by strong demand from the United States where a potential port strike and tariffs on foreign-made goods loom, an executive at the global carrier said on Wednesday.

The union at Chile’s Escondida copper mine, the world’s largest, signed a deal on Sunday with BHP , ending the risk of a further strike that could have threatened global supplies of the red metal.

Japan’s national and Tokyo governments are seeking a 700 billion yen ($4.7 billion) valuation for Tokyo Metro as they prepare to list the subway operator as early as October-end, three sources said, in what would be the nation’s biggest IPO in roughly six years.