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Warning lights flash at Nissan after monster profit warning
Warning lights flash at Nissan after monster profit warning
Economy
by  AFP

The road ahead looks treacherous for Nissan after the Japanese auto giant predicted an enormous loss just as US President Donald Trump's tariffs on car imports hit the industry. In any case, given the unpredictability of Trump's policies, analysts said it was unlikely that Nissan -- or any Japanese automaker -- would announce any major shift for now.

P&G cuts outlook as consumers pull back amid tariffs
P&G cuts outlook as consumers pull back amid tariffs
Economy
by  AFP

Procter & Gamble cut its sales and profit forecast Thursday, citing a pullback in consumer behavior as uncertainty over tariffs and the economy cloud the picture. Consumers are adopting a "wait and see attitude" as they monitor stock market gyrations in light of tariff headlines and weigh uncertainty around the job market, mortgage rates and other factors, Schulten said.