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Nissan delays launch of electric car

Bloomberg Nissan Motor Co is pushing back the release of its flagship Ariya electric vehicle, highlighting the struggle automakers everywhere are facing in trying to launch new cars amid a persisting shortage of semiconductors. When the Ariya SUV was first unveiled in July last year, Nissan said it was scheduled to go on sale in mid-2021. The company said a ...

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Oil rises from highest since 2018 on bullish demand

Bloomberg Oil extended gains amid signs of a recovery in demand in parts of the western world, and after Opec+ provided an upbeat assessment of the market’s outlook. Futures in New York rise 0.8% after closing at the highest since October 2018. Brent also climbed after settling above $70 a barrel. US gasoline demand was the highest since the pandemic ...

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UAE to enforce midday work ban decision from June 15

ABU DHABI / WAM As of June 15, the Ministry of Human Resources and Emiratisation (MoHRE) will begin implementing the ban on works performed under the sun and in open places from 12:30 pm to 3:00 pm until September 15. Under the decision, daily working hours, for morning, evening or both shifts, are not to exceed eight hours. If a ...

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