This loss amounted to 671 billion yen, translating to 4.1 billion euros (approximately 4.3 billion dollars). ...

Nissan posted an annual net loss of $6.4 billion CAD on Tuesday while saying it plans to cut 15 percent of its global ...

This is one of the biggest yearly losses in the company’s history and a major drop compared to the previous year’s net profit of 426.6 billion yen.

Nissan to Lay Off 20,000 Workers Amid Rising Losses and Declining Sales - In short •Nissan will eliminate 20,000 positions, twice as many as it had previously ...

Filipinos head to polling stations on Monday to pick the next crop of senators, congressional lawmakers and local politicians, with more than 18,000 seats set to be filled. The midterm elections come ...

Credit: Linda Parton / Shutterstock.com. General Motors (GM) has revised its 2025 profit forecast downward due to an anticipated $5bn tariff impact and plans to increase production of its battery ...

TOKYO, - Japanese trading houses Mitsui & Co, Sumitomo Corp and Sojitz on Thursday issued cautious profit forecasts for the current fiscal year as U.S. tariffs threaten global supply chains and ...

DETROIT, May 1 (Reuters) - General Motors (GM.N), opens new tab cut its 2025 profit forecast on Thursday after receiving some clarity and a reprieve from the White House this week on automotive ...

General Motors also said its profit in the first three months of the year fell 7 percent from a year earlier. By Neal E. Boudette General Motors is abandoning a previous forecast for solid profit ...

Nissan forecast a $560 million USD loss for its 2024 fiscal year. This estimate has been revised sharply upwards: the brand now expects to lose between $4.9 and $5.3 billion USD. Operating profit ...

Espinosa, who replaced Makoto Uchida as head of Nissan on April 1, has vowed to make the company nimbler. Nissan expects to rack up a loss totalling 700 billion yen (USD 4.9 billion) to 750 ...

PepsiCo on Thursday cut its annual profit forecast as the soda and snacks giant signalled higher production costs and subdued consumer spending due to the uncertainty fuelled by U.S. President ...