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Ooredoo, QIB offer co-branded corporate credit card for business customers

Ooredoo, QIB offer co-branded corporate credit card for business customers

Ooredoo has launched a new co-branded credit card in partnership with Qatar Islamic Bank (QIB).

QIIB strengthens Qatari cadre in line with  QNV 2030 principles

QIIB strengthens Qatari cadre in line with QNV 2030 principles

QIIB announced the recruitment of some 12 new Qatari female and male employees “in line with the principles of Qatar National Vision 2030 in the field of human resources that focus on empowering citizens in various sectors.”

Ship-fuel seller to boost trading team as IMO morphs market

Ship-fuel seller to boost trading team as IMO morphs market

Peninsula Petroleum Ltd, the biggest supplier to vessels in the fuelling hub of Gibraltar, will add positions in trading next year and expand its chartering business as the global shipping industry moves to clean up emissions.

Google wants US Fed to follow India’s UPI example

Google wants US Fed to follow India’s UPI example

In a thumbs up to the Indian government’s Unified Payments Interface (UPI) scheme, Google has written to the US Federal Reserve Board detailing the successful example of UPI-based digital payment in India in order to build “FedNow” – a new interbank real-time gross settlement service (RTGS) for fast

Sumitomo Mitsui eyeing more overseas buyouts

Sumitomo Mitsui eyeing more overseas buyouts

Sumitomo Mitsui Financial Group Inc plans to make room for more spending on technology and overseas acquisitions as it moves away from its traditional brick-and-mortar business model in Japan.

Rare hostile clash in Japan as Hoya bids for Toshiba unit

Rare hostile clash in Japan as Hoya bids for Toshiba unit

Japan’s Hoya Corp offered to spend as much as ¥147.7bn ($1.35bn) for NuFlare Technology Inc, seeking control of the Toshiba Corp affiliate in a rare hostile takeover bid among Japanese companies.

Thousands of cheap houses lie mostly empty in China

Thousands of cheap houses lie mostly empty in China

Even China can’t fix its affordable housing crisis. When Beijing introduced price caps for almost two-thirds of apartments in late 2016 as part of a programme to provide homes for millions of middle-class citizens to buy, an array of cheap condominiums began springing up on the city’s outskirts.

Porsche bets rich Indians will pay to show off electric cars

Porsche bets rich Indians will pay to show off electric cars

Porsche plans to start selling its electric Taycan model in India next year, in a bet that ultra-rich Indians are willing to splash out as much as $370,000 on an electric car to boost their street cred.

Philippine central bank governor sees about 50bps rate cuts in 2020

Philippine central bank governor sees about 50bps rate cuts in 2020

The Philippine central bank may resume cutting interest rates next year and is considering “around 50 basis points” of easing, governor Benjamin Diokno said Friday.

Cuomo runs up $6.1bn NY deficit despite strong economy

Cuomo runs up $6.1bn NY deficit despite strong economy

New York Governor Andrew Cuomo may be spending much of the new year explaining how he was caught off-guard by a $6.1bn hole looming in his next state budget, caused mostly by rising Medicaid costs.

Trade deal removes major hurdle for rally in Apple and tech

Trade deal removes major hurdle for rally in Apple and tech

US President Donald Trump’s limited trade deal with China removes a major hurdle for Apple and other technology stocks on Wall Street that have already surged this year to record highs.

Deutsche Bank considers cutting bonus pool by as much as 20%

Deutsche Bank considers cutting bonus pool by as much as 20%

Deutsche Bank AG is considering deep cuts to bonuses for this year as chief executive officer Christian Sewing seeks to eliminate billions of euros of costs in a radical restructuring.

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