Nissan Motor CEO Ghosn on Business Outlook
Nov. 4 (Bloomberg) -- Nissan Motor Co. Chief Executive Officer Carlos Ghosn talks about the company's business outlook. Nissan, Japan’s second-biggest carmaker, lowered its full-year profit forecast by 15 percent after demand in emerging markets slowed and recall costs mounted. Ghosn also announced an overhaul of Nissan's management as he pursues an operating profit margin target of 8 percent by the year ending March 2017. He spoke with Bloomberg News on Nov. 1. (Excerpts. Source: Bloomberg)
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"Preserving Bombardier C-Series Key Amid 7,500 Job Cuts"
43:35 - Bombardier has announced it will slash 7,500 jobs during a second round of job cuts within the past 8 months. Bloomberg Intelligence Analyst George Ferguson explains whether these cost saving measures were necessary as the struggling aircraft maker awaits $1 billion in federal aid from the Canadian government on Bloomberg TV Canada's The Daily Brief. (Source: Bloomberg)