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Barwa Real Estate Group posts QR724mn net profit in nine months

Barwa Real Estate Group posts QR724mn net profit in nine months

Barwa Real Estate Group reported a QR724mn net profit for the 9-month period that ended on September 30, the company announced on Tuesday.

IQ reports 9-month net profit of QR951mn on QR8bn revenues

IQ reports 9-month net profit of QR951mn on QR8bn revenues

Market heavyweight Industries Qatar (IQ) – one of the region’s industrial giants with holdings in petrochemicals, fertilisers and steel producers – has reported a net profit of QR951mn on revenues ...

AMD to buy chip peer Xilinx for $35bn in data centre push

AMD to buy chip peer Xilinx for $35bn in data centre push

Semiconductor designer Advanced Micro Devices Inc (AMD) said yesterday it would buy Xilinx Inc in a $35bn all-stock deal, intensifying its battle with Intel Corp in the data centre chip market.

China brokers test Goldman with best IPO ranking in decades

China brokers test Goldman with best IPO ranking in decades

Chinese brokerages are having a bumper year for equity deal-making, with Ant Group’s multi-billion dollar initial public offering poised to boost their showing in the global ranking to the best in at least two decades.

Asian markets drop after virus woes hammer Wall Street

Asian markets drop after virus woes hammer Wall Street

Most Asian and European markets fell yesterday following a sharp sell-off in New York that was fuelled by fears a coronavirus resurgence will force fresh economically painful containment measures.

Canadian dollar’s fate hooked to global stocks with Bank of Canada neutralised

Canadian dollar’s fate hooked to global stocks with Bank of Canada neutralised

A catalyst is emerging for the Canadian dollar that is gnawing at the central bank’s influence and potentially its monetary policy: The performance of global equities.

BP slashes losses as oil demand improves

BP slashes losses as oil demand improves

British energy giant BP yesterday reported a net loss of $450mn for the third quarter, down very sharply on the previous quarter’s mammoth losses due to the coronavirus pandemic.

Europe stock markets end lower as fears of virus resurgence rise

Europe stock markets end lower as fears of virus resurgence rise

European stock markets failed to mount a rebound yesterday, after dropping sharply the day before on fears that a coronavirus resurgence will force fresh economically painful containment measures.

Hedge funds’ shot at keeping stock investments secret fades

Hedge funds’ shot at keeping stock investments secret fades

US regulators are shelving a controversial plan to allow most hedge funds to keep their stock investments secret after public companies and other critics blasted the proposal as a major blow to market transparency, said people familiar with the matter.

Nakilat assumes full management and operations of Q-Max LNG carrier Lijmiliya

Nakilat assumes full management and operations of Q-Max LNG carrier Lijmiliya

Nakilat has assumed full ship management and operations of Q-Max LNG (liquefied natural gas) carrier Lijmiliya from Shell International Trading and Shipping Company (Shell) with effect from October 27, 2020.

Foreign funds’ buying interests steer QSE into positive trajectory

Foreign funds’ buying interests steer QSE into positive trajectory

The foreign funds’ increased buying interests on Tuesday steered the Qatar Stock Exchange into positive trajectory and its key index gained about 46 points.

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