Nissan hits out at Renault, leaving alliance on shaky ground

The decades-old alliance of Renault SA and Nissan Motor Co. descended into open enmity as the two sides sparred over governance changes at the Japanese automaker, an apparent tit-for-tat following Nissan’s refusal to endorse a deal with Fiat Chrysler Automobiles NV. Nissan Chief Executive Officer Hiroto Saikawa said it was “most regrettable” that Renault planned […]

Pakistan budget to be presented Tuesday

Islamabad: Imran Khan’s government in Pakistan will present its federal budget for the fiscal year 2019-20 on Tuesday, with an estimated outlay of around Rs6 trillion (Dh147.32 billion). The National Assembly has already been summoned for the budget presentation, an official notification said. “The budget focuses on ensuring economic stabilisation, undertaking projects which create jobs […]

Amazon Prime now available in the UAE

Dubai: Just over a month after Souq.com became amazon.ae officially, UAE consumers can now enjoy Amazon’s premium offering. called Amazon Prime. Prime membership gives buyers a lot of advantages on the e-commerce website including free shipping, free next-day delivery, entertainment offers and discounts that may not be available to non-subscribers. Other touted benefits of Prime include free access […]