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China’s biggest electric-car maker to list in $4.5bn deal

China’s biggest electric-car maker to list in $4.5bn deal

China’s biggest electric-car maker will gain a stock market listing in an asset swap valuing the state-backed manufacturer at 28.8bn yuan ($4.5bn) and giving investors a bigger chance to participate in the world’s largest market for new-energy vehicles.

Rand hits highest level in more than 2 years

Rand hits highest level in more than 2 years

South Africa’s rand rose to its highest in more than two years yesterday amid growing expectations that scandal-tarnished President Jacob Zuma would soon be ousted, while emerging-market equities pushed to another near-decade high.

Sanofi chief delivers a $11.6bn Bioverativ deal after striking out twice

Sanofi chief delivers a $11.6bn Bioverativ deal after striking out twice

Sanofi is making big deals again, as chief executive Olivier Brandicourt agreed to pay $11.6bn for a Biogen Inc spinoff a little more than a year after his last takeover attempt floundered.

AIG to acquire reinsurer Validus for $5.56bn in cash

AIG to acquire reinsurer Validus for $5.56bn in cash

American International Group Inc, emerging from years of retrenching after its near demise in the financial crisis, agreed to buy Bermuda reinsurer Validus Holdings Ltd for about $5.56bn in cash.

US aviation agency clears Boeing's new Dreamliner

US aviation agency clears Boeing's new Dreamliner

The US Federal Aviation Administration has cleared Boeing Co's 787-10 Dreamliner for commercial use, the planemaker said on Monday.

Number of registered firms in Qatar rose 13.4% in 2017

Number of registered firms in Qatar rose 13.4% in 2017

Qatar Chamber has recorded a 13.4% increase in the number of registered companies in Qatar from 12,910 in 2016 to 14,639 last year.

Small businesses in Qatar benefit from MoTC’s workshops

Small businesses in Qatar benefit from MoTC’s workshops

Startups and small and medium-sized enterprises (SMEs) in Qatar stand to gain from the series of workshops being organised by the Ministry of Transport and Communications ..

Global benchmark oil futures pause, ending 4-week gains

Global benchmark oil futures pause, ending 4-week gains

The recent strong rally in global benchmark oil futures paused last week, bringing to an end a four-week period of gains which had seen prices rise by more than 10% since December.

Opec, Russia signal oil cuts may endure past 2018

Opec, Russia signal oil cuts may endure past 2018

Opec and Russia reaffirmed that they’ll persevere with oil-production cuts until the end of the year to clear a global glut and signalled they’re ready to co-operate beyond that.

QFBA celebrates certification of Qatari executives’ group in ‘Future CEO’ programme

QFBA celebrates certification of Qatari executives’ group in ‘Future CEO’ programme

The Qatar Finance and Business Academy (QFBA) recently organised a congratulatory event for the first cohort of senior Qatari executives in its pioneering ‘Future CEO’ (FCEO) programme.

Most of regional bourses fall, Saudi retreats further from technical barrier

Most of regional bourses fall, Saudi retreats further from technical barrier

Most Middle Eastern stock markets fell yesterday with Saudi Arabia pulling further away from a major resistance level, although a surge by fuel distributor Adnoc Distribution buoyed Abu Dhabi.

Focus on governance in reshaping global systems at Davos

Focus on governance in reshaping global systems at Davos

The 48th annual meeting of the World Economic Forum is going to be held this week at Davos, Switzerland.

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