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Parents Claim School Winter Uniforms Filled with Scrap Cloth, School Responds to DoubtsJapanese automakers Nissan and Honda on Monday announced they had entered into official talks to merge and create the world's third-largest automaker by sales . In a press conference on Monday, Honda CEO Toshihiro Mibe said the companies needed greater scale to compete in the development of new technologies in electric vehicles and intelligent driving. A business integration would give the companies an "edge that will not be possible under the current collaboration framework," Mibe said, according to a translation. The deal would aim to share intelligence and resources and deliver economies of scale and synergies while protecting both brands, he said. A holding company would be formed as the parent company of both Honda and Nissan, listed on the Tokyo Stock Exchange. The larger Honda will nominate most of the integrated entity's board members. The merged group has the potential to deliver revenue of 30 trillion yen ($191.4 billion) and operating profit of over 3 trillion yen, he said. Discussions are set to conclude in June 2025. Mibe added that if approved, the integration would be a mid to long-term project that is currently not expected to show visible progress until 2030 and beyond. Nissan's strategic partner Mitsubishi has been offered the chance to join the new group and will take a decision by the end of January 2025. The companies are grappling with intense global competition in the EV market from the likes of Tesla and China's BYD. The proposed deal was first reported by Japan's Nikkei newspaper on Dec. 17. Nissan shares spiked following the initial report of a merger. Analysts say the potential tie-up is a result of financial underperformance at the company and of the restructure of its longstanding partnership with France's Renault . In its most recent quarterly results, Nissan said it would cut 9,000 jobs and reduce global production capacity by a fifth. Honda CEO Mibe on Monday said some of the company's shareholders may feel that the deal would represent Honda supporting Nissan, but noted the merger was "based on the assumption that Nissan completes its turnaround action." "If Nissan and Honda fail to stand on their own feet the business integration talks will not come to fruition," he said. Nissan CEO Makoto Uchida told reporters that the discussion of integration did "not mean we have given up on a turnaround" and was instead about ensuring the company's competitiveness for the future. "After doing this turnaround action for future development, future growth, we need to look at ultimate size and growth. This growth will be through partnerships," he added. Nissan has "been struggling in the market, it's been struggling at home, it doesn't have the right product line-up," Peter Wells, professor of business and sustainability at Cardiff Business School's Centre for Automotive Industry Research, told CNBC's " Street Signs Europe " last week. "There are so many warning signs, so many red flags around Nissan at the moment that something had to happen. Whether this is the answer is another question," Wells added. — CNBC's Ruxandra Iordache and Sam Meredith contributed to this story.luck rabbit and steel 。

This heartbreaking incident serves as a stark reminder of the devastating consequences of untreated mental health issues and the destructive power of hate and extremist ideologies. It also highlights the importance of fostering a culture of empathy, understanding, and support for individuals struggling with mental health challenges, especially in high-pressure academic environments.Biden says Assad's fall in Syria is a 'fundamental act of justice,' but 'a moment of risk'

WASHINGTON — Pete Hegseth fought to save his nomination to be Donald Trump’s defense secretary Wednesday as the president-elect considered possible replacements in the face of growing questions about the former Fox News host’s personal conduct and ability to win Senate confirmation. Hegseth met with legislators on Capitol Hill and conducted a radio interview to deny allegations of sexual assault and excessive drinking, insisting he was “not backing down one bit” and that Trump still supports him. The president-elect’s team was looking at alternatives including Florida Gov. Ron DeSantis. Trump remained quiet about Hegseth while issuing a flurry of statements on social media Wednesday about other nominees and his news coverage. Hegseth is the latest nominee-designate to be imperiled by personal baggage after the recent withdrawal of Trump’s initial pick for attorney general, former Rep. Matt Gaetz, whose vulnerabilities were well-documented. But Hegseth’s past, including the revelation that he made a settlement payment after being accused of a sexual assault that he denies, was not widely known. Hegseth paid a woman who accused him of sexual assault at a California hotel in 2017 after Hegseth had given a speech at a Republican event. His lawyer said the payment was to head off the threat of a baseless lawsuit. The Trump transition team was increasingly concerned about Hegseth’s path to Senate confirmation and actively looking at potential replacements, a person familiar with the matter said. Three other people said DeSantis, who competed against Trump for the Republican presidential nomination in 2024, was being discussed as an option if Hegseth’s nomination does not move forward. The people spoke on condition of anonymity. Beyond DeSantis, there have also been discussions about shifting Michael Waltz, who was chosen by Trump for national security adviser, to the Defense Department, according to another person familiar with the matter who spoke on condition of anonymity. As he made the rounds on Capitol Hill, Hegseth told reporters that he had received a fresh message of support from Trump. He ignored questions about the allegations he faced. Hegseth, accompanied by his wife, held talks in private with GOP senators before shifting to the House to meet with legislators there. While House members have no direct role in the confirmation process, conservatives can hold outsize influence on the debate. Get local news delivered to your inbox!

Israeli robotics startup lauded by Elon Musk sinks into million in debt

Eddid Financial Collaborates Again With SOAS For 10Th Anniversary International Bursary To Support Global EducationMoreover, the program has been successful in raising awareness about the importance of vehicle renewal and the impact of older, less efficient vehicles on the environment. By encouraging the replacement of outdated vehicles with more modern and eco-friendly options, the trade-in subsidy program plays a crucial role in promoting sustainable practices within the automotive industry.

"From The Forgotten" has garnered attention from gamers worldwide due to its unique concept, innovative gameplay mechanics, and stunning visual design. The game promises to deliver a thrilling and strategic 5V5 multiplayer experience that will challenge players to showcase their skills, teamwork, and tactics in intense battles.