Nissan and Honda merger plan falls through, Nissan will save the company by cutting costs and staff

Kathmandu. The companies announced the end of merger talks after the market closed on Thursday. Nissan, the world’s third-largest automaker, said it would adjust its cost structure. Nissan shares rose 8.17 percent to 449 yen on Thursday, while Honda shares rose 4.46 percent to 1,498 yen. Nissan said it...