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flag Renault reports a €9.5 billion paper loss on its Nissan stake due to accounting changes.

flag French carmaker Renault will report a non-cash loss of €9.5 billion ($11.2 billion) on its 35.7% stake in Nissan due to changes in accounting methods. flag This change reflects the fluctuation in Nissan's share price directly in Renault's equity, with no impact on its net income or dividends. flag The move follows Renault and Nissan's decision to adjust their long-standing partnership to aid Nissan's recovery.

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