Qatar Chamber vice chairman Mohamed bin Towar al-Kuwari and officials from the Qatari-Russian Business Council review cooperation ties between Qatar and Russia during a meeting held yesterday.
Turkey can choose to “close the valves” on oil exports from Iraq’s Kurdish region through the Turkish port of Ceyhan, President Recep Tayyip Erdogan warned as Kurds voted yesterday in a referendum on independence from Iraq.
French President Emmanuel Macron and Italian Prime Minister Paolo Gentiloni are close to an accord that would give Fincantieri majority control of the French shipyard STX, ending a diplomatic dispute between the two countries.
Insolvent German airline Air Berlin hopes to conclude talks with Lufthansa and easyJet on a carve-up of its assets by the middle of next month as it races to secure jobs and keep flying.
Australia’s prudential regulator should be given powers as soon as October to cap bank executives’ salaries, delay their bonuses and drive them out of the industry if they were guilty of wrongdoing, Treasurer Scott Morrison said yesterday.
Unilever has agreed to pay €2.27bn ($2.71bn) to buy fast-growing cosmetics company Carver Korea in its latest move to build a global beauty business.
The euro lost ground yesterday as investors worried about looming political infighting in Germany after an election that won Angela Merkel a fourth term as chancellor, but also gave a hard-right opposition party parliamentary seats for the first time.
Things are looking up for oil and it’s bringing hedge funds back.
Emerging equities hit two-week lows yesterday, weighed down by global politics, the prospect of higher US interest rates, a retreat in tech stocks and weak Chinese property shares.