fiscal outlook News

Nissan Faces Staggering $5.3 Billion Net Loss in 2024 Amid Turnaround Plan Costs

Nissan Motor Co., Ltd. has revised its 2024 financial outlook, expecting a net loss of up to $5.3 billion due to turnaround plan costs, while maintaining a strong cash position.

UK Faces Economic Slowdown and Vanishing Surplus Amid Global Trade Tensions

The UK's economic outlook has been revised downward, with slower growth forecasts and potential risks from global trade tensions. A 20% tariff hike scenario could reduce GDP by 1%,...

Nissan Reports a Slight Revenue Increase Amidst a Challenging Quarter

Nissan Motor Corporation reported a 1.6% increase in Q3 revenue to ¥3.1 trillion (~$20.5 billion) but faced a net loss of ¥14.1 billion. Global sales declined, with a significant d...