Deutsche Bank AG has started cutting at least 250 jobs globally at its corporate and investment bank as Germany’s largest lender seeks to keep a lid on expenses amid a sustained slide in the securities unit, according to people with direct knowledge of the matter.
The Qatar Stock Exchange on Monday crossed 9,100 levels mainly on the back of strong buying interests in the realty, transport and insurance equities.
Qatar Islamic Insurance has reported more than 1% year-on-year rise in gross written contribution (premium) of QR316.6mn in 2017.
The Hamad International Airport is accelerating its capacity expansion plans as Qatar is gearing up to host the 2022 FIFA World Cup with approximately 96,000 passengers to welcome per day during the world cup, said HIA chief operating officer Badr al-Meer.
America’s booming crude production is bypassing its biggest storage hub.
A controversial pipeline plan that would increase the supply of Russian gas to German industry is dangerous for Europe, according to the US deputy energy secretary.
As shareholders push the world’s cash-rich miners to maintain lush dividends and make the most of existing assets, Glencore is taking a slightly different tactic that positions it for shrewd acquisitions.
Renewed risk appetite has been led by the recovery in global stocks which posted their best week of gains in six years.
Avis Budget Group’s top shareholder kicked off a proxy battle with the rental-car company’s board, citing its failure to meet financial targets and prepare the company for the transformation of the auto industry.