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Renault and Nissan automobile logos are pictured during the Brussels Motor Show on January 9, 2020 in Brussels. (Photo by KENZO TRIBOUILLARD/AFP via Getty Images)Nissan and Renault said on Monday they would invest $600 million to make six new models in India. The six models, with each automaker making three, will be built on joint platforms and will also be exported, they said. The new models will consist of two electric vehicles, the first EVs to be rolled out by the automakers in India, and four sports utility vehicles (SUVs). The automakers last week unveiled details of their redesigned alliance and gave details of new joint projects in Latin America, India and Europe.
This week it will run into some big tests, given the earnings schedule dominated by big tech names (more on that below) and the Federal Reserve's next moves. Here's a look at the earnings week ahead: Tuesday: General Motors McDonald's UPS Pfizer Spotify Snap AMDWednesday: Peloton MetaThursday: Apple Alphabet Amazon Ford Starbucks Qualcomm3. Renault aims to cut Nissan stakeRenault and Nissan automobile logos are pictured during the Brussels Motor Show on January 9, 2020 in Brussels. France's Renault and Japan's Nissan have agreed to restructure their agreement, which they struck in 1999. The overall health and size of its business allows it to mix things up and try new things.
Renault and Nissan automobile logos are pictured during the Brussels Motor Show on January 9, 2020 in Brussels. (Photo by KENZO TRIBOUILLARD/AFP via Getty Images)Automobile giants Renault and Nissan on Monday agreed to restructure their decades-long alliance, in a move that will see Renault transfer 28.4% of Nissan shares into a French trust, the companies said. Renault would instruct the trustee to sell those shares if "commercially reasonable" and as part of a "coordinated and orderly process." The deal still pends board approvals, but would see Renault's shareholdings in Nissan reduced from around 43% to 15%, bringing its interest down to equal the Japanese company's current stake in Renault. Both companies would be able to "freely exercise the voting rights attached to their 15% direct shareholdings, with a 15% cap," the companies said.
Kenzo Tribouillard | Afp | Getty ImagesThe dust has barely settled on the decision by the U.S. and Germany to supply battle tanks to Ukraine, but talk has already turned to the possible use of other firepower, namely, fighter jets. Kyiv appears confident that, as with Western tanks, it will eventually be given F-16s too. The U.S. has been tight-lipped about giving Ukraine F-16s, or allowing other countries to re-export their own U.S.-made fighter jets to Ukraine (National Security Council spokesman John Kirby said he had no announcement to make on the issue Wednesday). How helpful fighter jets would be to Ukraine is a matter for debate, and depends on the aircraft, its weaponry and flying conditions, experts note. Germany arrived at its decision to send tanks after months of pressure and deliberation, making any question over fighter jets a very distant prospect, according to Carsten Nickel, deputy director of research at analysis firm Teneo.
[1/2] Mairead McGuinness, EU commissioner of financial services, financial stability and Capital Markets Union speaks during the European Parliament's plenary session in Brussels, Belgium November 23, 2020. This could include the ban on "inducements" or commission as part of efforts to give EU retail investors better value for money. Insurers and banks have already begun lining up to lobby against the potential ban on this sales model, which dominates how retail financial products are sold in the EU. Products sold through inducements are on average 35% more expensive than products sold where no inducements are paid, she said. EU states and the European Parliament would have the final say on any proposal to ban inducements.
Britta Pedersen-Pool/Getty Images; Arif Hudaverdi Yaman/Getty Images; KENZO TRIBOUILLARD/Getty Images; Mike Cohen/Getty Images; Yuqing Liu/Business Insider1. Besides the fallen crypto king, many of these shrinking fortunes can be chalked up to this year's bloodbath in the tech stocks. How has Elon Musk's involvement with Twitter impacted your outlook for Tesla stock? Tesla stock price on December, 29, 2022 Markets Insider10. Tesla stock climbed Wednesday as dip-buyers poured into the EV maker.
World Cup guide: Teams and players to watch
  + stars: | 2022-11-20 | by ( Ben Church | ) edition.cnn.com   time to read: +8 min
Doha, Qatar CNN —In just over 24 hours, Qatar 2022 will burst into life as the host nation takes on Ecuador in the opening game of the World Cup. Tournament favoritesOnly eight nations have ever won the men’s World Cup, many of which are among the favorites this time around. After being knocked out by England in the Euro 2020 semifinals, the team waltzed through World Cup qualification, winning nine of its 10 matches and conceding only three goals. In addition to making its World Cup debut, Qatar is a relatively unknown quantity with most of its players spending their careers in the nation’s top league. He will be an important player in Japan’s World Cup campaign and has already been dubbed the ‘Japanese Lionel Messi’ back home.
If a nuclear bomb were headed toward the US, residents would have 30 minutes or less to shelter. Russian Presidential Press Service/APA nuclear attack remains highly unlikely, but it's not out of the question, experts say. Redlener said the best way to learn of an impending nuclear attack would probably be TV or radio. Survivors of a nuclear attack would have about 15 minutes before sandlike radioactive particles, known as nuclear fallout, reached the ground. The US Department of Health and Human Services recommends staying indoors for at least 24 hours after a nuclear explosion.
The metaverse: How it became real estate's new frontier
  + stars: | 2022-09-23 | by ( Thomas Page | ) edition.cnn.com   time to read: +12 min
The metaverse – a growing number of immersive virtual online worlds where users live and play – has become a hotbed of real estate speculation. Look beyond the numbers, however, and you’ll find whole professions being shaken up, from architects and designers to developers and real estate agents. But could real estate in the metaverse ever become as reliable an investment as bricks and mortar? “It’s hard to know if the real estate inside (metaverses) is going to be stable … Least of all us, and we’re deeply in it,” said Yorio. “It’s very possible that real estate in the metaverse is a stable investment in the future,” said Robson, of analytics company WetMeta, in an email.
"We're already there … savings this month have already surpassed the 15% target," said senior energy strategist from Goldman Sachs, Samantha Dart. Kenzo Tribouillard | Afp | Getty ImagesShe added that northwestern Europe's estimated August gas consumption was 13% below average. "We believe this is more than enough savings to go through winter without blackouts or a heating crisis," Dart said, assuming that the average winter weather scenario holds. "Achieving the 15% reduction target vs business as usual will be difficult, but not impossible," Gloystein told CNBC. A cold winter could make it difficult to achieve the demand reduction needed in Europe.
Личная коллекция покойного японского дизайнера и модельера Кэндзо Такады, который основал известную марку Kenzo, продана в Париже с аукциона за 2,44 миллиона евро. Альбом ушел с молотка за 46,8 тысяч евро. евро) работы японского мастера Кацу Хаманаки, деревянная лошадь (41,6 тыс. евро), сделанная около двух тысяч лет назад в Китае в период правления династии Хань, автопортрет Кэндзо, который ушел с молотка почти за 21 тысячу евроДизайнер Кэндзо Такада умер в прошлом году во Франции в возрасте 81 года после заражения коронавирусом. Свою первую коллекцию женской одежды Такада представил в 1970 году, в 1983-м он занялся также дизайном мужской одежды, а в 1988-м - парфюмерией.
Persons: Кэндзо Такады, Уильям Эгглстон, Кацу Хаманаки, Хань, Кэндзо, Кэндзо Такада, Такада Locations: Париж, Китай, Франция
KENZO TRIBOUILLARD | AFP | Getty ImagesBRUSSELS –European leaders have roundly declared that it's now time to get on with Brexit after U.K leader Boris Johnson secured an emphatic win in the country's general election. He told CNBC: "We are ready, we have decided what are our priorities," adding that it will be "important to keep this close cooperation with the United Kingdom." A new trade agreementJohnson has said that it is his aim to reach a trade deal with the EU within this transition period. However, European leaders told CNBC that it will be possible to reach a deal. "In 11 months you can do a lot of things, if you have the political will," Pedro Sanchez, the Spanish prime minister told CNBC Thursday.
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