A Renault electric car during an auto show in Shanghai. Associated Press
Renault’s alliance with Japanese partner Nissan remains French Finance Minister Bruno Le Maire’s priority ahead of any further consolidation with the likes of Fiat-Chrysler, he said on Tuesday.
Nissan Motor Co believes that attempts by Renault SA to place one of its directors on Nissan's planned governance reform committees may lead to a conflict of interest,
France is ready to consider cutting its stake in Renault in the interests of consolidating the automaker’s alliance with Nissan, Finance Minister Bruno Le Maire said on Saturday.
Under the directives of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and with the approval of the UAE Cabinet,
Wall Street brushed off data released on Friday showing the US economy adding jobs as US-Chinese tensions mount and a standoff over fresh stimulus continues.
The Central Bank of the UAE (CBUAE), has signed an agreement with the Arab Monetary Fund, AMF, to include the UAE Dirham as a settlement currency in the Arab Regional payments clearing and settlement system called “Buna”.
Japan’s economy contracted at the sharpest pace on record in the second quarter as the coronavirus crisis crushed business and consumer spending, a Reuters’ poll showed, and a recent surge in infections is clouding the outlook for recovery.