Culture and Entertainment

Nissan and Honda reportedly considering merger for competitive edge in global auto market

Nissan and Honda reportedly considering merger for competitive edge in global auto market

Japanese automakers Nissan Motor and Honda Motor are reportedly in discussions regarding a potential merger The Nikkei newspaper. The move, which could reshape the global automotive landscape, aims to improve their ability to compete in an industry that is rapidly shifting towards electric vehicles, autonomous technology and intensifying competition from Chinese automakers and Tesla . The report suggests that the two companies are considering operating under a holding company, with plans to formalize their intentions through a memorandum of understanding in the near future. Additionally, the potential merger could bring Mitsubishi Motors, in which Nissan holds a 24% stake, under…
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U.S. new vehicle sales expected to hit highest levels since 2019 amid easing prices and rising inventories

U.S. new vehicle sales expected to hit highest levels since 2019 amid easing prices and rising inventories

The U.S. auto market is poised for its strongest performance in years, with new vehicle sales expected to rise to levels not seen since 2019. Industry analysts expect a recovery in 2025, driven by improved affordability, lower interest rates and a gradual normalization of the vehicle market. stocks after years of supply chain disruptions and inflated prices. Cox Automotive expects new light-duty vehicle sales to reach 16.3 million units in 2025, slightly ahead of forecasts from S&P Global Mobility and Edmunds, which call for sales of about 16.2 million. These estimates represent a modest increase from this year's expected range…
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Legal battle over Trump’s falsified records case remains unresolved ahead of inauguration

Legal battle over Trump’s falsified records case remains unresolved ahead of inauguration

A judge has ruled against President-elect Donald Trump's attempts to throw out his guilty plea in a case involving allegations of falsifying business records, a case linked to a controversial payout during his 2016 presidential campaign. The ruling comes in context of a recent U.S. Supreme Court decision on presidential immunity, raising questions about the case's broader implications. Judge Juan M. Merchan of Manhattan rejected Trump's bid to overturn his guilty plea, delaying any potential resolution until he takes over the presidency next month. Trump's legal team has argued that the charges should be reconsidered, citing his imminent return to…
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K-pop stocks and global music markets see gains amid big announcements and strong performances

K-pop stocks and global music markets see gains amid big announcements and strong performances

JYP Entertainment, the powerhouse behind K-pop sensations like TWICE and Stray Kids, has been on a remarkable upward trajectory. On Friday, November 22, its shares closed at 66,100 won ($47.06), reflecting an 11.3% increase for the week and reaching the highest closing level since May 10. The surge appears to have been fueled by the announcement on Monday 18 November. of Stray Kids' upcoming 2025 stadium tour. This highly anticipated tour, which will hit North America, Latin America and Europe, has created considerable interest in the industry. However, JYP's stock rally has been gaining momentum for weeks, with the company's…
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