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World economies brace for Trump tariffs ahead of deadline
World economies brace for Trump tariffs ahead of deadline
Economy
by  AFP

World economies were jittery Monday ahead of US President Donald Trump's "Liberation Day" when he is set to unleash tariffs against multiple countries, risking global turmoil to redress what he says are unfair trade imbalances. Trump insists that reciprocal tariffs are needed because the world's biggest economy has been "ripped off by every country in the world."

Renault and Nissan shift gears on alliance
Renault and Nissan shift gears on alliance
Economy
by  AFP

Renault and Nissan said Monday they had revised their partnership to allow for a reduction in their cross-shareholdings and other measures that would help the financially troubled Japanese carmaker. The new agreement will allow the carmakers to reduce their current 15 percent cross-shareholdings to 10 percent.