Panama’s president rebuffed Donald Trump’s threat to reimpose US control over the Panama Canal, saying its shipping tolls aren’t inflated and that sovereignty over the waterway isn’t negotiable. “Every square meter of the Panama Canal and its adjacent zones is part of Panama, and it will continue to be,” President José Raúl Mulino said Sunday in a video statement on X, the social platform. In corporate news, Nissan Motor and Honda Motor agreed to start talks to merge under a holding company, which they plan to list in Aug. 2026. The two Japanese auto manufacturers signed a basic agreement for merger talks on Monday and held a joint media briefing in Tokyo. Honda also said it will buy back as much as ¥1.1 trillion yen ($7 billion) of its own shares.
Today’s guests: Paul Hollingsworth, BNP Paribas; Bruce Findlay, Land Securities Group (Source: Bloomberg)
