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Cayan Group signs agreement on philanthropic strategy

  Riyadh / Emirates Business Cayan Group, the leading property developer in the Middle East, has signed a strategic care agreement with ‘Patients Friends Committee’ Riyadh, in the context of twinning philanthropic strategy between both parties. Representing the mutual trust between them since 2014, this step underlines Cayan’s belief in the importance of the company’s contribution to society, and further ...

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Nissan to pay $280,000 for emissions cheating

  Seoul / AFP South Korea said on Monday it will fine Nissan for manipulating emissions data on a popular diesel sports utility vehicle, bringing the Japanese car giant into a widening global scandal that has already ensnared Volkswagen and Mitsubishi. Seoul said it would order recalls of hundreds of Qashqai model SUVs after tests revealed an emission defeat system ...

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India wholesale prices rise first time in 18 months

  New Delhi / Bloomberg India’s wholesale prices unexpectedly rose for the first time since October 2014, mirroring a hardening in consumer inflation that could prompt central bank Governor Raghuram Rajan to refrain from further cuts in interest rates. Wholesale prices rose 0.34 percent in April from a year earlier after an 0.85 percent decrease the previous month, the Commerce ...

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