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KPMG and CIPS Qatar discuss the country’s procurement challenges

KPMG and CIPS Qatar discuss the country’s procurement challenges

The Chartered Institute of Procurement and Supply (CIPS) Qatar Branch recently held its annual general meeting (AGM) where two experts from KPMG Qatar discussed the challenges in the field of procurement and how it can improve the bottom line.

Rolls-Royce deepens job cuts as profit jump sends shares higher

Rolls-Royce deepens job cuts as profit jump sends shares higher

Rolls-Royce Holdings Plc surged the most in 20 months after the aero-engine maker ended years of earnings declines and chief executive officer Warren East said he’d double down on management job cuts.

Goldman said to put some London staff on notice for German move by June

Goldman said to put some London staff on notice for German move by June

Goldman Sachs has put more than a dozen UK-based banking, sales and trading staff on notice to move to Frankfurt within weeks, two sources with knowledge of the matter said, ..

Prudential unit in stake sale talks with pension fund

Prudential unit in stake sale talks with pension fund

Prudential PLC’s Malaysian unit is in talks with the country’s No 2 pension fund to sell a 30% stake, valued at about $435mn, said people with knowledge of the matter, as overseas insurers race to comply with new foreign ownership rules.

Trump threat unlikely to derail China financial sector opening

Trump threat unlikely to derail China financial sector opening

China will probably stay true to its pledge to further open its financial industry to foreign companies, even as the Trump administration ratchets up the threat of a trade war.

Australia central bank chief slams US plan to hike tariffs

Australia central bank chief slams US plan to hike tariffs

The head of Australia’s central bank is upbeat about domestic economic growth despite a disappointing end to last year, but fears the spectre of a trade war calling threatened US tariffs “highly regrettable.”

Debt-conscious millennials ditch credit cards, threaten industry

Debt-conscious millennials ditch credit cards, threaten industry

Millennials have been accused of disrupting many industries, from newspapers to brick-and-mortar stores. Credit cards appear to be next in line.

Turkey bank keeps hawkish inflation tone in holding the rates

Turkey bank keeps hawkish inflation tone in holding the rates

Turkey’s central bank kept all its main interest rates unchanged yesterday and pledged to keep liquidity tight until it sees indications of a permanent slowdown in inflation.

Abu Dhabi inflation jumps with VAT rollout in Jan, restrained by weak realty

Abu Dhabi inflation jumps with VAT rollout in Jan, restrained by weak realty

Abu Dhabi consumer price inflation more than doubled in January as the UAE introduced a 5% value-added tax, with a weak real estate market preventing inflation from increasing even further, official data showed yesterday.

Europe stock markets regain early losses; Wall St drops

Europe stock markets regain early losses; Wall St drops

Stock market investors across the world got a jolt from the sudden resignation of a key Trump adviser yesterday, prompting a drop on Wall Street and in Asia, although Europe regained its poise after an early slump.

Treasuries as trade war leverage? Big creditors already cut back

Treasuries as trade war leverage? Big creditors already cut back

Owning $1tn of US Treasuries just doesn’t mean as much as it used to.

Japan yields may drop back below zero as yen restricts central bank

Japan yields may drop back below zero as yen restricts central bank

Japanese money managers are betting the benchmark 10-year bond yield may drop back below zero as a strengthening yen restricts the central bank’s ability to scale back debt purchases.

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