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France to fight ‘appalling’ Bridgestone plant closure, says minister

France to fight ‘appalling’ Bridgestone plant closure, says minister

Plant in Bethune, northern France employs 863 people; French officials call for alternative to closure; Bridgestone says it will hold talks with employee reps

Lebanese banks turning to France to outflank government rescue plan

Lebanese banks turning to France to outflank government rescue plan

Lebanon’s banks are trying to outmanoeuvre the government before the new premier forms a cabinet, throwing prospects for a bailout further into disarray.

Iraq’s rising crude sales signal further lag on Opec+ quota

Iraq’s rising crude sales signal further lag on Opec+ quota

Iraq is exporting more crude so far in September than it shipped last month, a sign that the country is falling further behind in efforts to comply with its Opec+ production limit.

Fed warning sends global stock markets scurrying

Fed warning sends global stock markets scurrying

Stock markets slid around the world yesterday after the head of the US Federal Reserve warned about the “uncertain” outlook for the virus-hit US economy.

The Musk Method: Learn from partners, then go it alone

The Musk Method: Learn from partners, then go it alone

Elon Musk is hailed as an innovator and disruptor who went from knowing next to nothing about building cars to running the world’s most valuable automaker in the space of 16 years.

E-commerce demand sends FedEx earnings climbing

E-commerce demand sends FedEx earnings climbing

A wave of e-commerce demand has bolstered pricing power and propelled FedEx Corp earnings amid the coronavirus pandemic.

When to stop working from home? How about never, workers say

When to stop working from home? How about never, workers say

US workers who are being shepherded back to the office would rather continue doing their jobs from home, at least a few days a week.

Qatar's retail GLA may exceed 2mn sq m by end-2020: ValuStrat

Qatar's retail GLA may exceed 2mn sq m by end-2020: ValuStrat

The total gross leasable area (GLA) of organised retail space in Qatar grew 5% annually from 2018 to H1, 2020 up to 1.89mn sq m, with no addition during the first six months of 2020, a study has shown.

Asia stocks slip as US Fed warns of ‘uncertain’ outlook

Asia stocks slip as US Fed warns of ‘uncertain’ outlook

Asian markets mostly dropped yesterday following a broadly negative lead from Wall Street after the head of the Federal Reserve warned of an “uncertain” outlook for the US economy and stressed the need for fresh stimulus.

BoJ maintains policy, says economy reviving

BoJ maintains policy, says economy reviving

Japan’s central bank yesterday said it would maintain its ultra-loose monetary policy as the virus-hit economy gradually picks up, with no big changes announced the day after new Prime Minister Yoshihide Suga took office.

QIA to partner with Credit Suisse on multi-billion dollar direct private credit platform

QIA to partner with Credit Suisse on multi-billion dollar direct private credit platform

The Qatar Investment Authority (QIA) will partner with Credit Suisse Asset Management to form a multi-billion dollar direct private credit platform that will provide financing primarily in the form of secured ...

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