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Nissan says expects $1.8 bn operational loss in 2025-26
Nissan says expects $1.8 bn operational loss in 2025-26
Economy
by  AFP

Struggling Japanese carmaker Nissan said it expected to suffer an operating loss of 275 billion ($1.8 billion) in its fiscal year that ends in March as it faces further economic headwinds. It also said it expected an operating loss of 30 billion yen for the first six months of the fiscal year, which runs through September.

Italy court stalls Sicily bridge, triggers PM fury
Italy court stalls Sicily bridge, triggers PM fury
Economy
by  AFP

Italy's government said Thursday it would address concerns over a new bridge to Sicily, after Prime Minister Giorgia Meloni condemned a court ruling against the project as an "intolerable intrusion". Meloni, leader of the far-right Brothers of Italy party, condemned Wednesday's ruling as "yet another encroachment on the jurisdiction of the government and parliament".