AnewZ Morning Brief - April 11th, 2025
Start your day informed with AnewZ Morning Brief: here are the top news stories for April 11th, covering the latest developments you need to know.
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.
The Holy Fire ceremony stands as one of Christianity's most enduring and mysterious rituals, drawing thousands of pilgrims to Jerusalem each year.
Pope Francis's relationship with Azerbaijan has evolved significantly over the years, characterized by diplomatic exchanges, promotion of religious tolerance, and peace advocacy in the Caucasus region.
Severe rainfall on April 17 led to flooding and landslides in the Piedmont region, prompting a large-scale emergency response from over 400 firefighters.
China has rolled out the world’s first 10-gigabit (10G) fixed broadband network in Xiong'an New Area, promising ultra-fast speeds and low latency through cutting-edge optical infrastructure.
Pope Francis, the first Latin American pope and a transformative figure in the Roman Catholic Church, has passed away at the age of 88, the Vatican confirmed in a video statement on Monday.
On April 23, a ceremony for the signing of documents between Azerbaijan and China was held in Beijing, with the participation of Ilham Aliyev, President of the Republic of Azerbaijan, and Xi Jinping, President of the People’s Republic of China.
Beijing has criticized Washington's pressure tactics, warning that threats and coercion are not conducive to resolving trade tensions between the two countries.
The “Joint Statement on the Establishment of a Comprehensive Strategic Partnership between the Republic of Azerbaijan and the People’s Republic of China” was signed in Beijing on April 23 during the state visit of President of the Republic of Azerbaijan Ilham Aliyev to China.
On April 23, President Ilham Aliyev of Azerbaijan and President Xi Jinping of China convened an expanded meeting at the Great Hall of the People in Beijing.
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