Nidec Secures $3.9 Billion Credit Line, Easing Liquidity Fears Nidec Corp. secured a ¥600 billion ($3.9 billion) credit line from MUFG Bank Ltd. and SMBC, easing concerns about potential liquidity strains at the maker of precision motors amid an ongoing probe into accounting issues. Related Posts:Nidec Withdraws Full-Year Forecasts, Cancels Buyback…Nidec Shares Sink 22% on Fears of Systematic…Nidec Withdraws $1.8 Billion Hostile Bid for Makino MillingNidec Shares Tumble 19% on Removal From Japan’s Nikkei 225Nvidia’s Upbeat Forecast Soothes Fears of AI Spending BubbleBitcoin Retakes $100,000 Amid an Easing of Global…See also Waymos Froze, Blocked Traffic During San Francisco Power Outage
