Latest

Santander reports record profit for third straight year
Santander reports record profit for third straight year
Economy
by  AFP

Spanish banking giant Santander announced record annual profits for a third consecutive year on Wednesday as a strong commercial performance offset the impact of falling interest rates. But Santander UK chair William Vereker announced that he would leave his post this year, a decision which business media attributed to disagreements with Botin. vab/imm/bc

Nissan shares plunge as report says Honda merger talks off
Nissan shares plunge as report says Honda merger talks off
Economy
by  AFP

Nissan shares plunged on Wednesday after Japan's Nikkei business daily said the carmaker had decided to withdraw from merger talks with rival Honda. But the smaller automaker's chief said this week it would make a final decision on whether to join the Honda-Nissan merger talks in mid-February or later.