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German investors cheered by tariff talks, new government
German investors cheered by tariff talks, new government
by  AFP

German investor sentiment has jumped, buoyed by rollbacks of US tariffs, and the formation of a new national government, a closely-watched survey showed Tuesday. Almost all German sectors experienced a rise in confidence, the survey showed, but optimism grew fastest in export-intensive industries such as steel and chemicals.

Nissan posts $4.5 billion annual net loss, says to cut 20,000 jobs
Nissan posts $4.5 billion annual net loss, says to cut 20,000 jobs
by  AFP

Japan's Nissan posted a huge annual net loss of $4.5 billion on Tuesday while confirming reports that it plans to cut 15 percent of its global workforce and warning about the possible impact of US tariffs. The company's shares closed three percent higher on Tuesday after reports, later confirmed by Nissan, said it was planning a total of 20,000 job cuts worldwide.

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