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Qatargas utilises boil-off gas to power LNG vessels

Qatargas utilises boil-off gas to power LNG vessels

Qatargas has successfully initiated a programme to utilise LNG boil-off gas to power its chartered conventional LNG vessels during unloading operations at Japanese LNG terminals.

UK startup seen to provide innovative technology for 2022 FIFA World Cup

UK startup seen to provide innovative technology for 2022 FIFA World Cup

A sports tech startup from the UK is producing unique immersive contents that could be useful for sports audiences, broadcasters, and sponsors during large scale events, such as the 2022 FIFA World Cup.

Blockchain paves the way for genuine innovation in Islamic finance

Blockchain paves the way for genuine innovation in Islamic finance

With the coronavirus continuing to ravage the world and close to a fifth of the world’s population — or 1.5bn people — being asked or ordered outright to stay home and work remotely as new virus infections soar,

Dollar squeeze worsens in Lebanon as govt seeks aid

Dollar squeeze worsens in Lebanon as govt seeks aid

Lebanon’s foreign-exchange crisis is intensifying, prompting another appeal by the government for financial aid after its debt default last month.

Gold bugs finally see their predictions of doom coming true

Gold bugs finally see their predictions of doom coming true

For years, gold bugs were relegated to the fringes of financial markets. Often viewed by mainstream investors as tinfoil-hat conspiracists with basements full of beans and bottled water, their warnings sounded apocalyptic: A coming collapse in financial assets, widespread devaluation of paper money

HSBC dividend cut stirs outrage among HK shareholders

HSBC dividend cut stirs outrage among HK shareholders

HSBC Holdings Plc’s decision to scrap dividends has created an uproar among retail investors in Hong Kong who have banded together to push for an extraordinary general meeting to reverse the move.

Japan planning to launch $990bn stimulus package

Japan planning to launch $990bn stimulus package

Japan is to impose a state of emergency in Tokyo and six other prefectures as early as today to contain the coronavirus, while the government prepares a $990bn stimulus package to soften the economic blow.

‘India faces greatest economic emergency since independence’

‘India faces greatest economic emergency since independence’

Former RBI governor Raghuram Rajan has said that due to the coronavirus crisis, India currently faces the greatest economic emergency since its independence.

Slump in Australian M&A has bankers eyeing rescue deals

Slump in Australian M&A has bankers eyeing rescue deals

Dealmakers are helping Australian companies with everything from urgent equity raisings to restructuring, after the coronavirus pandemic brought mergers and acquisitions to a standstill.

Philippine central bank chief is open to off-cycle monetary move

Philippine central bank chief is open to off-cycle monetary move

The Philippine central bank is open to tweaking monetary settings outside its review cycle, as it seeks to support the economy and keep financial markets functioning smoothly with most of the country locked down against coronavirus, according to governor Benjamin Diokno.

Virus hammers UK consumers, construction and car sales

Virus hammers UK consumers, construction and car sales

GfK consumer confidence -34 vs early March -9, biggest ever fall; SMMT says car sales down 44% in March, sees 25% fall for year; construction PMI weakest since 2009, record low all-sector PMI; Covid-19 lockdown expected to cause historic fall in output

GCC banking sector may see a ‘second wave’ of M&A, says S&P Global Ratings

GCC banking sector may see a ‘second wave’ of M&A, says S&P Global Ratings

The GCC region may see a “second wave” of mergers and acquisitions (M&A), S&P Global Ratings said, and noted that it will be “more opportunistic and driven by economic rationale.”

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