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Nissan ‘green wheels’ to roll on Jordan roads

  Dubai / Emirates Business Nissan has signed a historic Memorandum of Understanding (MoU) with the Greater Amman Municipality in Jordan as part of a landmark initiative to provide the Kingdom with its first 100 Nissan LEAF and Nissan e-NV200 electric vehicles (EVs). The vehicles, to be supplied by Bustami & Saheb (BSTC), Nissan’s exclusive distributor in the Kingdom, will ...

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IMF revives recession warning for UK economy

  Bloomberg The IMF weighed in once more with its thoughts on Britain’s referendum, warning the U.K. could slide into a recession if it quits the EU. In a 64-page document, the Washington-based fund said that the size of the hit would depend on a multitude of factors, though its overall assessment is that the U.K. “would likely be worse ...

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Brexit or Bremain, Pound is set for big swings as vote looms

  Bloomberg It’s almost upon us: the week when Britain takes the historic decision of whether to remain in the EU. And whatever the polls say in the days to come — and regardless of the result on June 24 — the pound is set for a wild ride. One-week anticipated volatility surged to the highest on record, posting the ...

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