Bottom Lines
Nissan Motor Co. said it’s prepared to let a foreign rival take a controlling stake, a move that will make it more attractive to Renault SA and DaimlerChrysler AG, which are seeking to invest in Asia.
World Bank President James Wolfensohn said Latin American countries are dealing effectively with the continuing financial crisis in Brazil.
The Boeing Co. has agreed to sell the light helicopter product lines it acquired in its merger with McDonnell Douglas to a subsidiary of RDM, a European industrial group. That divests Boeing of all the civil and commercial helicopter products it inherited in the 1997 merger.