U.S.-based hedge fund Viking Global built a $526 million-worth new position in planemaker Boeing in the fourth quarter, with 2.9 million shares, and roughly doubled bets on JPMorgan Chase, a regulatory filing showed on Friday.

Honda and Nissan have discontinued talks related to a possible merger, several outlets report. The update comes after the Associated Press reported in December 2024 that plans to move forward on a merger could be finalized this summer in a combined entity and would yield the world’s third-largest automaker by sales.

Honda and Nissan on Thursday announced the scrapping of merger talks that would have created the world's third-biggest auto company by unit sales behind Toyota and Volkswagen. - When the merger talks were announced in December the plan was that the two automakers along with Mitsubishi Motors would integrate their businesses under a new holding company.