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QDF’s TAG Heuer store at HIA is global ‘top performing boutique’

QDF’s TAG Heuer store at HIA is global ‘top performing boutique’

Qatar Duty Free (QDF) has announced its TAG Heuer signature store at the Hamad International Airport (HIA) is the top performing boutique amongst all TAG Heuer stores in the travel retail sector globally.

QNBFS tops 10 QSE brokerages in Jan-April trading turnover

QNBFS tops 10 QSE brokerages in Jan-April trading turnover

QNB Financial Services (QNBFS), a subsidiary of QNB, topped among the 10 brokerage houses in the QSE (Qatar Stock Exchange), constituting 26.32% of the total share trade turnover during January-April this year, according to the collated data from the bourse.

Why UAE is turning to expats to boost growth

Why UAE is turning to expats to boost growth

The UAE is easing rules on the foreign ownership of companies as the country seeks to attract investment and boost an economy battered by lower oil prices.

Australia’s Santos gets $10.8bn sweetened offer from Harbour

Australia’s Santos gets $10.8bn sweetened offer from Harbour

US-based Harbour Energy raised its bid for Australia’s Santos Ltd to $10.8bn yesterday, hiking its offer for a fifth time in nine months after a steep rise in oil prices and potentially deterring any rival bids.

Japan’s trade surplus with US rises

Japan’s trade surplus with US rises

Japan’s politically sensitive trade surplus with the US edged up in April, government data showed yesterday, after Tokyo warned it may take retaliatory measures against US tariffs.

European stock markets rise as China, US avert trade war

European stock markets rise as China, US avert trade war

Global stock markets mostly rose yesterday after the US and China said they had agreed to hold off imposing tariffs, averting a damaging trade war at least for now.

BP back on its feet, but CEO senses no respite

BP back on its feet, but CEO senses no respite

After the near collapse of his company following the 2010 Gulf of Mexico disaster and a three-year slump in oil prices, BP chief executive officer Bob Dudley is hardly relaxed. “It doesn’t feel like we are in a serene time for any energy company,” Dudley told Reuters in an interview.

Ryanair warns of airline shakeout as fuel costs claim weakest

Ryanair warns of airline shakeout as fuel costs claim weakest

Ryanair Holdings Plc warned that profit will slump for the first time in five years as rising labour costs compound a fuel-price surge that may force weaker competitors out of business.

Asia markets rise as China, US agree to avert trade war

Asia markets rise as China, US agree to avert trade war

Asian and European markets mostly rose yesterday and the dollar extended gains after the US and China said they had agreed to hold off imposing tariffs, averting a potentially damaging trade war.

Sensex drops; rupee weakens

Sensex drops; rupee weakens

Indian shares declined for a fifth day amid concerns rising oil prices will curb economic and profit growth.

GE’s revamp picks up pace after $11.1bn Wabtec rail deal

GE’s revamp picks up pace after $11.1bn Wabtec rail deal

General Electric Co chief executive officer John Flannery is taking the biggest step yet in his plan to revitalise the beleaguered manufacturer, agreeing to merge its century-old locomotive business with Wabtec Corp in a deal valued at $11.1bn.

Brent crude to average $73 in 2018, says BMI

Brent crude to average $73 in 2018, says BMI

While geopolitical conflicts and financial market dislocations threaten the global growth outlook, BMI continues to see a broadening global economic expansion overall this year.

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