Nissan-Honda $60bn merger ‘basically over’, reports claim; UK interest rate cut expected – business live
Rolling coverage of the latest economic and financial news
German factory orders have jumped, bringing some relief to Europe’s largest, and most beleagured, economy.
Industrial orders jumped by 6.9% month-on-month in December, beating forecasts of a 2% rise, but were still 6.3% lower than a year ago.
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FTSE 100 hits record high ahead of expected interest rate cut
Gilt yields fall and stocks rise as Bank of England prepares to announce first decision of 2025Financial Times - 14m -
Bank of England expected to cut interest rates
A cut to interest rates could mean lower mortgage rates.BBC News - 41m -
Honda and Nissan Merger Talks in Peril
Two of Japan’s largest automakers have been in talks to combine their operations to form one of the world’s biggest car groups.The New York Times - 14h -
Nissan shares plunge on report of merger with Honda turning south
The struggling Japanese carmaker is withdrawing from talks, the Nikkei business daily and other local media reported.CBS News - 16h -
Nissan, Honda respond to reports of potential merger being scrapped
Yahoo News - 13h -
Nissan and Honda shares rise as report says automakers may call off merger talks
Honda and Nissan are considering calling off their merger talks, Japan's Asahi Shimbun reported on Wednesday citing several sources.CNBC - 1d -
Bank of England expected to cut rates again as UK economy stagnates
Quarter-point reduction forecast even as short-term inflation pressures are set to increaseFinancial Times - 3d -
Mitsubishi Won't Join The Honda-Nissan Merger: Report
Yahoo News - Jan. 24
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