Emirates Business One of the finest business newspapers in the UAE brought to you by our professional writers and editors.

Bloomberg Nissan Motor Co ordered a furlough of employees for two days at the beginning of January, the latest cost-cutting move as US sales continue to slide. Nissan North America is closing US offices on January 2 and 3 to “optimise business performance and competitiveness,” the company said in an ...

Bloomberg Democratic Representative Alexandria Ocasio-Cortez and presidential candidate Bernie Sanders are taking a victory lap after Amazon.com Inc and other technology giants leased millions of square feet of office space in New York City — without the billions of dollars in government support that Amazon tried to negotiate earlier this ...

Bloomberg Apple Inc is taking delivery this month of the first batch of carbon-free aluminum produced by a Montreal-based venture, helping move the iPhone maker closer to its greenhouse-gas reduction goal. Elysis, a joint venture between Rio Tinto Group and Alcoa Corp backed by Apple, uses new technology that emits ...

Bloomberg A unit of Ericsson AB pleaded guilty to foreign bribery and the parent company agreed to pay more than $1 billion to resolve a long-running US corruption investigation involving payoffs in Asia and the Middle East. The Stockholm-based company admitted to a years-long campaign of corruption aimed at solidifying ...

Bloomberg The people of Hastings on England’s south coast know a thing or two about staging a battle. The decisive defeat to Norman invaders in 1066 is one of the most notorious events in British history. More recently, the seaside town has seen conflict as the country tears itself apart ...

Bloomberg French labour unions called for a new day of protests seeking to force President Emmanuel Macron to either sweeten his pension-reform plan or abandon it. After more than 800,000 protesters took to the streets across France — the biggest such turnout since Macron took office in May 2017 — ...

Bloomberg Denuclearisation is off the negotiating table with the US, North Korea’s ambassador to the United Nations said in a strongly-worded statement that also criticized EU member nations for playing “the role of pet dog” to Washington. Ambassador Kim Song said that the “sustained and substantial dialogue” sought by the ...

Bloomberg At least 43 people died in a blaze in New Delhi early Sunday morning, authorities said. The fire broke out in a factory operating in a residential area, Anil Mittal, a spokesman for the Delhi police said. The state government will give 1 million rupees ($14,000) to support families ...

Bloomberg Hundreds of thousands of protesters marched through Hong Kong to mark Human Rights Day and press for greater democracy in the city in the biggest rally in about six months. Protesters still clogged the main streets of the city hours after the masses began to leave the gathering point ...

Bloomberg The Pentagon chief wants to prioritise the deployment of US forces to the Asia-Pacific region from other areas, including Afghanistan, to confront a growing military competition with China. “What I want to do is reallocate forces” to the Indo-Pacific Command, Defense Secretary Mark Esper said at the Reagan National ...