Taiwan's Foxconn in talks with Renault over Nissan stake: report

Taiwan's Foxconn is in talks with French auto giant Renault to buy its major stake in Japanese carmaker Nissan, a report said Thursday, after the Japanese firm rebuffed its inquiries about an investment. The report said Foxconn "had directly expressed" its willingness to Nissan to buy equity but after "Nissan did not agree" it approached Renault.