Honda & Nissan Aim to Merge by 2026, Musk Targets ‘Overstaffed’ Fed | The Opening Trade: 12/23/2024

Estimated read time 1 min read


Honda and Nissan took their first historic steps toward merging to create a new force in the world’s automotive industry, as aggressive competition from China forces legacy carmakers to rethink their business models. Elon Musk calls the Federal Reserve ‘absurdly overstaffed’, as he prepares to lead a new agency aimed at making the US government more efficient, with a goal of $2 trillion in spending cuts.
The Opening Trade has everything you need to know as markets open across Europe. With analysis you won’t find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Guy Johnson and Tom Mackenzie. (Source: Bloomberg)

Source link

You May Also Like

More From Author

+ There are no comments

Add yours