
Economy







Renault and Nissan said Monday they had revised their partnership to allow for a reduction in their cross-shareholdings and other measures that would help the financially troubled Japanese carmaker. The new agreement will allow the carmakers to reduce their current 15 percent cross-shareholdings to 10 percent.

The Netflix drama "Adolescence", which has sparked widespread debate about the toxic and misogynistic influences young boys are exposed to online, will be shown in UK secondary schools, the prime minister's office and the streaming giant said Monday.

Primark chief executive Paul Marchant has resigned following a company investigation into his behaviour toward a woman "in a social environment", the budget fashion chain's owner Associated British Foods (ABF) announced Monday.

The Nigerian government is poised to receive about $635 million from the World Bank to bring Nigeria's total loan from the bank under Tinubu to $9.25 billion.

Chinese smartphone maker giant Huawei said Monday that profits fell 28 percent last year as it faced international economic uncertainty and weak consumption at home. The company announced Monday that it made a net profit of 62.6 billion yuan ($8.6 billion) last year, down from 87 billion yuan in 2023.

President Donald Trump said Sunday he was confident of reaching a deal on TikTok ahead of the April 5 deadline for its Chinese owner ByteDance to sell the popular short video app or see it banned in the United States.

The United States has revoked several transnational oil and gas companies' licenses to operate in Venezuela, Caracas said on Sunday, which had been granted despite Washington's sanctions against the South American country. Chevron's revoked license had been granted by former US president Joe Biden and allowed the company to operate despite sanctions.

The Michelin guide is set to unveil its latest rankings of restaurants in France on Monday, which will identify the up-and-coming talent challenging the country's stalwart three-star cooking celebrities. The 2025 guide will be unveiled on Monday in Metz from 1600 GMT. mdv-adp/sbk/bc

President Donald Trump said Sunday the tariffs he plans to impose in the coming days would include "all countries", not just those with the largest trade imbalances with the United States. But despite widening the target, the president insisted his tariffs would be more "generous" than those levied against the United States.
Economy
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