The proposed Honda-Nissan merger is at risk of falling apart as the two Japanese carmakers struggle to agree on partnership terms, with Nissan reportedly planning to withdraw from talks due to disagreements over the proposed structure of the deal. Honda, with a market value of 7.92 trillion Yen, sees Nissan, valued at 1.44 trillion Yen and facing financial difficulties, as having less to offer in the partnership. While merger talks may potentially restart, Honda’s request for Nissan to buy out Renault’s stake has caused concerns, with Mitsubishi, initially considering joining the merger, now making arrangements to exist separately.
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Ferry passenger Shannon spotted two scuba divers allegedly stranded in water off Perth
An investigation is underway after two divers were allegedly left behind during a dive organized by Perth Diving Academy, prompting a response from the Australian Maritime Safety Authority (AMSA). The divers were spotted in distress by a ferry passenger and were eventually rescued, with one needing hospital treatment. AMSA officers visited the diving company for inspection, emphasizing the importance of safety regulations and procedures for commercial vessels. Full Article
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