Month: October 2022

MOSCOW — Nissan will hand over its business in Russia to a state-owned entity for 1 euro ($0.97), it said on Tuesday, taking a loss of around $687 million and exiting the country months after it was forced to halt production there. The automaker will transfer its shares in Nissan Manufacturing Russia to state-owned NAMI,
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1:43 PM ET The all-woman W Series cancelled its remaining three races in the United States and Mexico for financial reasons on Monday and declared Britain’s Jamie Chadwick champion for the third season in a row. The series had been due to support Formula One at next week’s U.S. Grand Prix in Austin, Texas, before
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