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Nissan unveils $18 billion electric-vehicle strategy

Bloomberg Nissan Motor Co. will invest 2 trillion yen ($17.6 billion) over the next five years to electrify more of its lineup and turn battery-powered cars into a pillar of its long-term growth. The Japanese automaker will introduce 23 new models by fiscal 2030, including 15 new electric vehicles, and aim for more than half of its sales to be ...

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Google delays January office return

Bloomberg Alphabet Inc’s Google is once again pushing back date it will require employees to return to US offices on renewed concern after cases of Covid-19 omicron variant have been confirmed, executives told employees. Google had set January 10 as its return date, asking a bulk of its workforce to come in three days a week. Chris Rackow, a Google ...

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Oil falls as omicron variant sows fears over demand

Bloomberg Oil falls as fears that omicron variant may resist vaccines sent risk assets tumbling. Futures in New York fell as much as 4.9% as part of a broader retreat among commodities and equities as a top drugmaker reiterated warnings that the new strain could withstand existing inoculations. Brent crude also tumbled, with the price structure of the global benchmark ...

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