Honda and Nissan are in talks to establish a holding company, signalling a significant shift in Japan's auto industry as it faces challenges from Tesla and other EV competitors. In another development, Bitcoin's soaring value is turning heads in the luxury fashion world. High-end brands and retailers are showing more interest in accepting cryptocurrencies as payment. They aim to tap into new pockets of wealth and build loyalty with crypto investors. Until now, only a few luxury names have ventured into crypto payments. Watch The World Report for the latest updates.