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8.27am BST
Renault, Nissan and Mitsubishi have announced new plans to work together more closely on developing and producing cars, as they seek to move forward with an alliance that was severely dented by the dramatic arrest and flight of Carlos Ghosn.
8.04am BST
As expected, European shares have gained at the opening bell.
The FTSE 100 is up by 0.6%, while the more UK-focused FTSE 250 has gained 0.8% in early trades.
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