Exclusive: Nissan orders drastic spending cuts to stem profit slide and 'conserve every yen' - sources
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BEIJING (Reuters) - Japan's Nissan Motor Co has told its managers to slash non-essential spending as the automaker grapples with slumping car sales and tumbling profits, three company sources with knowledge of the matter told Reuters.The penny-pinching drive is in place for the rest of financial year until end-March and will most likely continue into the coming business year, they said. Managers have been told to put the kibosh on unnecessary travel, sales incentives and promotional events to..