UPDATE 2-Nissan sees FY net profit jump, but tough times in Europe

Newswire

(Adds comments, full-year forecast) YOKOHAMA, Japan, May 10 (Reuters) - Nissan Motor Co projected a 22.6 percent rise in net income for its current business year as the weakening yen allows Japanese carmakers to cash in overseas profits at more favourable rates. But Carlos Ghosn, who heads both the Japanese firm and France's Renault SA, said that while Nissan's annual global retail sales volumes will reach a record, he expects the European market to face ...

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