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Honda, Nissan and Mitsubishi confirm they are in merger talks

Honda, Nissan and Mitsubishi have confirmed they are in talks over a possible three-way merger as the Japanese companies struggle with falling sales and competition from Chinese brands. The companies confirmed on Monday that Honda and Nissan had agreed to “start consideration towards a business integration through the establishment of a joint holding company”, and…

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The Guardian view on a ‘community right to buy’: unleashing the power of the local | Editorial

In his 2018 book The Social Edge, the prominent public health researcher and author Anthony Costello writes that social trust and the conditions that allow it to flourish are a neglected feature in studies of human progress. Small-scale “sympathy groups”, he suggests, through cooperating and organising together over shared concerns, can be the building blocks…

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Time for the Swedish chef: Ikea’s furniture profits are down in Australia, but food sales are booming

It’s not unusual for a trip through one of Ikea’s labyrinthine stores to end with a $2 hotdog, but more Australians are skipping the flat-pack furniture altogether and heading straight to the dining section. Ikea is seeing more growth from its in-store restaurants and food offerings than its home furnishings, according to its end-of-year results…