AnewZ Morning Brief - 16 September, 2025
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 16th of September, covering the latest developments you need t...
Nissan is set to unveil a major shake-up in its top management next month as part of an accelerated turnaround plan, sources familiar with the matter said on Thursday.
The announcement, expected on March 12, comes in the wake of two consecutive quarters of disappointing performance and follows failed merger talks with Honda.
According to the sources, the planned management streamlining is aimed at addressing Nissan’s ongoing crisis. While discussions continue about the strength of the company’s turnaround strategy and the capabilities of its current team, current CEO Makoto Uchida is reportedly expected to retain his position—for now. However, if Uchida were to step down, Nissan might opt for an interim CEO rather than immediately appointing a permanent replacement.
Nissan’s board is carefully evaluating both the progress of its turnaround initiatives—which include the closure of three plants—and the potential need for leadership changes. “It’s only natural for a CEO to eventually pass on the baton,” said Seiji Sugiura, a senior analyst at Tokai Tokyo Intelligence Laboratory. He cautioned, however, that a change at the top would not provide an instant solution to the company’s broader challenges.
The management shake-up is part of a broader effort to reinvigorate Nissan following a series of setbacks. This month, the automaker reduced its forecast for the current fiscal year for the third time amid a challenging outlook in key markets such as the United States and China. The company had also been exploring a merger with Honda to create a $60 billion car company, but those talks collapsed after Honda proposed a structure that would have made Nissan a subsidiary.
Nissan’s shares rose 3.7% in Tokyo on Thursday, outpacing the Nikkei index’s 0.4% gain. A Nissan spokesperson declined to comment on the forthcoming changes. As the company continues to refine its turnaround strategy, industry observers will be watching closely to see if leadership adjustments will help reverse its recent performance trends.
AnewZ has learned that India has once again blocked Azerbaijan’s application for full membership in the Shanghai Cooperation Organisation, while Pakistan’s recent decision to consider diplomatic relations with Armenia has been coordinated with Baku as part of Azerbaijan’s peace agenda.
A day of mourning has been declared in Portugal to pay respect to victims who lost their lives in the Lisbon Funicular crash which happened on Wednesday evening.
A Polish Air Force pilot was killed on Thursday when an F-16 fighter jet crashed during a training flight ahead of the 2025 Radom International Air Show.
At least eight people have died and more than 90 others were injured following a catastrophic gas tanker explosion on a major highway in Mexico City’s Iztapalapa district on Wednesday, authorities confirmed.
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 16th of September, covering the latest developments you need to know.
A massive attack on Ukraine's south eastern city of Zaporizhzhia has killed a 41-year-old man and injured 13 people on Tuesday according to officials. The regional governor said that the strikes triggered a large number of fires.
Israeli Prime Minister Benjamin Netanyahu said he did not rule out further strikes on Hamas leaders "wherever they are", as the heads of Arab and Islamic states held a summit to back Qatar after Israel's attack last week in the Gulf state.
Google said on Tuesday it would make £5 billion pounds ($6.80 billion) in new investments into Britain ahead of U.S. President Donald Trump's state visit to the country, which is expected to feature a flurry of business deals and partnerships.
U.S President Donald Trump said on Monday he would file a $15-billion lawsuit for defamation and libel against the New York Times, days after the newspaper released articles on his ties to disgraced financier Jeffrey Epstein.
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