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Nissan Infiniti aims to triple China sales: CEO

Nissan Infiniti aims to triple China sales: CEO

Nissan Motor Co’s premium brand Infiniti plans to at least triple sales in China within the next five years by making four additional car models locally and shifting to more of an electrified offering – a fast-emerging market in China.

Alibaba is ‘doing a lot of research’ on driverless cars, says Ma

Alibaba is ‘doing a lot of research’ on driverless cars, says Ma

E-commerce giant Alibaba is steering resources towards driverless car technology, its CEO Jack Ma confirmed yesterday, joining a global race to shape the future of driving.

US, Japan announce trade talks, don’t agree on what to discuss

US, Japan announce trade talks, don’t agree on what to discuss

President Donald Trump and Japanese Prime Minister Shinzo Abe announced another new trade dialogue on Wednesday, while disagreeing on what kind of deal they should aim for.

Trade war could have ‘big, negative impact’ on Singapore: Lee

Trade war could have ‘big, negative impact’ on Singapore: Lee

Singapore is very vulnerable to an escalation of a trade dispute between the world’s two major economies, the United States and China, the city-state’s prime minister said in an opinion piece published by the Washington Post.

European markets diverge; oil at highest level in years

European markets diverge; oil at highest level in years

Oil surged yesterday close to 3.5-year peaks on simmering Mideast tensions and keen US demand, while London stocks rose with drugmaker Shire boosted by a possible takeover battle.

Morgan Stanley seeks new court in derivatives case

Morgan Stanley seeks new court in derivatives case

Morgan Stanley yesterday asked to have a lawsuit against it for €2.7bn ($3.34bn) in damages thrown out of an Italian administrative court, an Italian judge said.

Morgan Stanley seeks new court in derivatives case

Morgan Stanley seeks new court in derivatives case

Morgan Stanley yesterday asked to have a lawsuit against it for €2.7bn ($3.34bn) in damages thrown out of an Italian administrative court, an Italian judge said.

P&G agrees to buy Merck’s consumer unit for $4.2bn

P&G agrees to buy Merck’s consumer unit for $4.2bn

Procter & Gamble Co agreed to buy Merck KGaA’s consumer-health business for €3.4bn ($4.2bn) to bolster growth, betting that vitamins and decongestants can hasten its comeback.

UK retail sales slide in Q1 after March snow

UK retail sales slide in Q1 after March snow

British shoppers stayed home in March as they felt the chill from the ‘Beast from the East’, leading to the biggest quarterly fall in retail sales in a year and weighing on first-quarter economic growth, official figures showed yesterday.

Qatar, US discuss co-operation in various sectors

Qatar, US discuss co-operation in various sectors

Qatar and the US discussed opportunities for co-operation and joint ventures between the two countries in finance, investment, real estate and small and medium-sized enterprises ...

Sheikh Ahmed says Qatar-US relations set model for strategic partnerships and productive co-operation

Sheikh Ahmed says Qatar-US relations set model for strategic partnerships and productive co-operation

HE the Minister of Economy and Commerce Sheikh Ahmed bin Jassim bin Mohamed al-Thani has stressed that Qatar’s ‘economic roadshow’ in the US, ...

QIMC signs MoU with US firm to study QR700mn float glass project

QIMC signs MoU with US firm to study QR700mn float glass project

Qatar Industrial Manufacturing Company signed a memorandum of understanding (MoU) with the US-based Stewart Engineers (SE) to study and evaluate the project.

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