Bloomberg Nikon Corp plans to reduce about 2,000 employees, or 10% of its total workforce, due to a slump in its core camera business, Nikkei reported. Its business was also impacted by the performance of Intel Corp, one of Nikon’s key clients of semiconductor equipment, the daily reported, without saying where it got the information. In the company’s reform agenda, …

Bloomberg Oil rose on expectations that further progress in vaccines against the coronavirus will revive global demand, and amid signs of robust consumption in Asia. Brent futures advanced 1.4% as Pfizer Inc said a final analysis of clinical-trial data indicated its Covid-19 vaccine was 95% effective. The overall price structure of the market also showed the outlook is brightening, with …

Dubai/ WAM Emirates announced plans to operate its popular A380 aircraft four times a day to London Heathrow from November 27 and six times a week to Manchester from December 2, and to deploy additional A380 services to Moscow from the current two-a-week, to a daily service from November 25. Emirates will also increase flights to Birmingham and Glasgow from …