Antinatalism appeals to human freedom inasmuch as it challenges human beings to liberate themselves from unproven intuitions nourished and sustained by biosocionomic imperatives and holds, moreover, human beings to be capable of such a self-liberation. Antinnatalistic moral theory summons and deploys human freedom in order to make of it something definitive: how much true freedom […]
FILE PHOTO: The logos of car manufacturers Renault and Nissan are seen in front of a common dealership of the companies in Saint-Avold, France, Jan. 15, 2019. REUTERS/Christian Hartmann
April 26, 2019
TOKYO (Reuters) – Renault SA will propose to Nissan Motor Co a plan to create a joint holding company which would give both firms equal footing as the French automaker seeks further integration with its Japanese partner, the Nikkei newspaper reported on Friday.
Under the proposal, both firms would nominate a nearly equal number of directors to the new company in which ordinary shares in both Nissan and Renault would be transferred on a balanced basis, the newspaper said without citing sources.
This would effectively dilute the stake held by the French government in Renault to around 7 to 8 percent, from its current 15 percent, it added. The new company would be headquartered in a third country, such as Singapore.
Renault plans to make the proposal to Nissan soon, the Nikkei said, having modified an earlier merger idea which Nissan rejected on April 12.
Nissan declined to comment on the issue.
The report of the proposal comes as the outlook for the alliance – one of the world’s top automaking partnerships – has clouded since the arrest in November of its main architect, Carlos Ghosn, for financial misconduct.
It also comes as Nissan’s financial performance struggles following years of focusing on volume sales over building its brand, particularly in the United States, its biggest market.
Earlier this week, the Japanese automaker slashed its profit forecast for the year just ended to its lowest in nearly a decade, citing weakness in its U.S. operations.
Renault for years has been vying for a closer merger with Nissan, which it rescued from the brink of bankruptcy two decades ago. Ghosn had been working to achieve a deeper integration before his arrest on financial misconduct charges in November last year.
While the automakers have been consolidating many of their operations over the past decade, including procurement and production, many executives at Nissan have opposed an all-out merger with Renault.
Instead, Nissan has argued for a more equal footing with Renault, which holds a 43 percent stake in its bigger partner. Nissan holds a 15 percent stake in Renault.
It was unclear whether Renault would hold the casting vote in major decisions at the new company, as it did in Renault-Nissan B.V., a strategic management company jointly held by both companies which oversaw operations for the partnership.
That company was disbanded last month after an internal investigation by Nissan following Ghosn’s arrest indicated that the company may have been involved with financial misconduct by the former chairman.
Nissan’s partnership with Mitsubishi Motors Corp, in which it hold a 34 percent stake, would remain unchanged under the new proposal, the Nikkei said.
(Reporting by Ran Kim and Naomi Tajitsu; Editing by Chris Gallagher and Christopher Cushing)
Global Moist Dressings Market Report 2019 – Market Size, Share, Price, Trend and Forecast is a professional and in-depth study on the current state of the Global Moist Dressings Industry. The global Moist Dressings market size of is xxx million in 2018 with XX CAGR from 2015 to 2018, and it is expected to reach xxx million by the end of […]
MarketResearchNest.com adds “Global Aberrometer Market Insights, Forecast to 2025” new report to its research database. The report spread across 115 pages with multiple tables and figures in it. The global Aberrometer market is valued at million US$ in 2018 and will reach million US$ by the end of 2025, growing at a CAGR of during […]
“The Disposable Surgical Kits market report is a complete research on the current state of the Disposable Surgical Kits market with a focus on the regional market. This report presents the global Disposable Surgical Kits market size (value, production, and consumption), splits the breakdown (data status 2013-2018 and forecast to ‘2025’), by manufacturers, region, type, and application. This […]
The CMS men’s and women’s tennis teams both beat the Sagehens handily in the Sixth Street Rivalry matches.
Kipchoge broke the marathon world record in Berlin in September Eliud Kipchoge’s eyes light up. He points to an electric blue band he is wearing on his wrist, where four simple words are written. “No human is limited.” It could sound like an inane Instagram post from a social media influencer. Coming from the greatest […]
Kipchoge broke the marathon world record in Berlin in September Eliud Kipchoges eyes shine. He points to an electric blue ribbon that he wears on his wrist, in which four simple words are written. "No one is limited." It might sound like a pointless Instagram post by a social media influencer. Coming from the greatest […]
FILE PHOTO: The sun sets behind an oil pump outside Saint-Fiacre, near Paris, France March 28, 2019. REUTERS/Christian Hartmann
April 26, 2019
By Henning Gloystein
SINGAPORE (Reuters) – Oil prices dipped on Friday on expectations that producer club OPEC will soon raise output to make up for a decline in exports from Iran following a tightening of sanctions by the United States against Tehran.
Brent crude futures were at $74.09 per barrel at 0029 GMT, down 26 cents, or 0.4 percent, from their last close.
U.S. West Texas Intermediate (WTI) crude futures were at $64.82 per barrel, down 39 cents, or 0.6 percent, from their previous settlement.
The dip followed Brent’s rise above $75 per barrel for the first time this year on Thursday after Germany, Poland and Slovakia suspended imports of Russian oil via a major pipeline, citing poor quality. The move cut parts of Europe off from a major supply route.
But prices were already gaining before the Russian disruption, driven up by supply cuts led by the Middle East dominated Organization of the Petroleum Exporting Countries (OPEC) and U.S. sanctions against Venezuela and Iran. Crude futures are up around 40 percent so far this year.
Washington said on Monday it would end all exemptions for sanctions against Iran, demanding countries halt oil imports from Tehran from May or face punitive action from Washington.
To make up for the shortfall from Iran, the United States is pressuring OPEC’s de-facto leader Saudi Arabia to end its voluntary supply restraint.
“The U.S. will continue to pressure Saudi Arabia to lift its production to cover the supply gap,” said Alfonso Esparza, senior market analyst at futures brokerage OANDA.
Energy consultancy FGE said “the need is now very apparent for OPEC+ to take action and increase production” in order to keep markets well supplied and prevent prices from spiking.
Despite U.S. efforts to drive Iranian oil exports down to zero, many analysts expect some oil to still seep out of the country.
“A total of 400,000 to 500,000 barrels per day of crude and condensate will continue to be exported,” said FGE, down from around 1 million bpd currently.
Most of this oil would be smuggled out of Iran or go to China despite the sanctions.
China, the world’s biggest buyer of Iranian oil, this week formally complained to the United States over its unilateral Iran sanctions.
(Reporting by Henning Gloystein; editing by Richard Pullin)
Menurut teori dan hasil pengamatan teleskop luar angkasa Hubble, cakram debu terbentuk di sekitar bintang yang baru lahir. Perbedaan fisis yang perlu digambarkan antara cakram circumstellar pasif dengan cakram circumstellar aktif adalah luminositas dan energi potensial gravitasi yang dilepaskan oleh gas yang mengalir di dalamnya. Struktur termal cakram pada saat awal didominasi oleh pemanasan internal […]
De Nederlandse dichter Erik Menkveld werd geboren op 25 april 1959 in Eindhoven. Zie ook alle tags voor Erik Menkveld op dit blog. Meisje met eekhoorns Goed als brood zit zij met het jong op schoot terwijl de groten om haar benen stoeien. En zo vertrouwd is haar dit schuwe dat haar uit het bos […]
[Source: US National Library of Medicine, full page: (LINK). Abstract, edited.] J Gen Virol. 2019 Apr 24. doi: 10.1099/jgv.0.001261. [Epub ahead of print] Assessment of the function and intergenus-compatibility of Ebola and Lloviu virus proteins. Kämper L1, Zierke L1, Schmidt ML1, Müller A1, Wendt L1, Brandt J1, Hartmann E1, Braun S1, Holzerland J2, Groseth A2, Hoenen T1. Author information: 1 Institute for Molecular Virology and Cell Biology, Friedrich-Loeffler-Institut, […]
Rejoice, another Netflix Original zombie series is making its way to Netflix! We now have confirmation that Brazilian production company Conspiração’s production will be adapting the British zombie series Dead Set into Reality Z. It was confirmed on the 24th of April during the Rio Creative Conference Primetime panel, that a Brazilian adaptation of the […]
An agenda of the things we are doing, wishing we could do, or are conspiring to do in Vancouver from April 24 to April 30, 2019.
The demographic change and the digitalization are shaking the trust in the labour market. It takes a lot of effort to avert the impending crisis. from Handelsblatt Online – Politik http://bit.ly/2XIHmPj via IFTTT
Five, Four, Three, Two, ONE …!!! We are ONE day away from National Poetry Month at Chappaqua Station If you are near the area, join us at the beautiful and elegant Chappaqua Station Farm to Town Cafe for a night of wonderful poetry, storytelling and art! Friday night, April 26th 7:00 PM – 9:30 PM […]
Deadline reports that Netflix has announced its first Brazilian zombie show, “Reality Z”, is which is based on the British production Dead Set, created by Charlie Brooker. Combining horror, humor and pop culture, the show’s five episodes reveal a zombie apocalypse that imprisons participants and producers of a reality show called Olimpo, The House of […]