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Nissan described its quarterly results as 'challenging'

Nissan Shares Plunge After Profit Warning

Nissan tumbled more than 10 percent on Thursday after the Japanese automaker issued a profit warning, citing "intense sales competition", especially in the United States.
Ericsson has now written down more than half of its $6.2 billion acquisition of Vonage

Ericsson Posts $1bn Quarterly Loss On Vonage Write Down

Ericsson acquired Vonage in 2022 for $6.2 billion to expand its presence in wireless enterprise and broaden its global offerings, but already last year it wrote down its value by $2.9 billion as market conditions shifted.

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