Biden to rule on United States steel deal after panel deadlock
AgenciesA powerful government panel on Monday failed to reach consensus on the possible national security risks of a nearly $15 billion proposed deal for Nippon Steel of Japan to purchase U.S. Steel leaving the decision to Preside
Investors swoop in to save German flying taxi startup
AGENCIESDOHAGerman flying taxi firm was Tuesday saved from collapse after investors swooped in to take it over in a case that has fired debate about support for the countrys startup scene. Lilium had already filed
Lagarde: ECB very close to reaching its inflation goal
AgenciesEuropean Central Bank (ECB) President Christine Lagarde said the euro zone was getting very close to reaching the central banks medium-term inflation goal according to an interview published by the Financial Times
Commercial Bank named best digital bank in the Middle East
Tribune News NetworkDohaCommercial Bank the most innovative digital bank in Qatar proudly won Best Digital Bank in the Middle East prestigious award by World Finance.This distinguished accolade is a testament to the Banks ongoing commitment to providing innovative and customer-focused digital
China plans record $411 bn special treasury bond issuance next year
AgenciesChinese authorities have agreed to issue 3 trillion yuan ($411 billion) worth of special treasury bonds next year two sources said which would be the highest on record as Beijing ramps up fiscal stimulus to revive a faltering economy.The plan for 2025 sovereign debt issuance would be a sharp increase from
Japan’s labour shortage threatens small businesses and rural economies
AgenciesOver the last decade Masato Shiota brought his papermaking business back from the brink paying down debt and buying machinery to automate some production. But he struggles to find workers to keep output at full capacity.We have three machines but only have two running on any day said Shiota presiden
EU stocks close higher on thin volumes ahead of Christmas
dpa BrusselsEuropean stocks posted marginal gains in the shortened trading session on Tuesday with investors mostly staying away on the sidelines ahead of Christmas holidays. Some major markets in the region remained shut for Christmas Eve.The pan-European Stoxx 600 closed higher by 0.21 percent. The UKs FTSE 100 gained 0.42 percent and Frances C
Heavy travel day off to a rough start after AA briefly grounds all flights
AgenciesAmerican Airlines briefly grounded flights nationwide Tuesday due to a technical problem just as the Christmas travel season kicked into overdrive and winter weather threatened more potential problems for those planning to fly or drive.Government regulators cleared American flights to get airborne about one hour after the Federal Aviation Administration orde
Govts, banks once mocked Bitcoin. Now they want in on it
AgenciesBitcoin has proven to be one of the best-performing assets in modern history.The value of the cryptocurrency has increased some 1000 times over the past decade far outpacing US stocks and real estate.Buoyed by United States President-elect Donald Trumps crypto-friendly stance Bitcoins record rally hit a new high of $107000 on Monday af
Starbucks strike expands, closing nearly 60 US stores
AgenciesA five-day strike by Starbucks baristas had closed 59 stores as of Monday afternoon according to the union organizing the workers.The strike which began Friday in Los Angeles Chicago and Starbucks hometown of Seattle spread Monday to stores in Boston Dallas and Portland Ore. Workers in New York Denver Pittsburgh and other cities had also joined th
Trump’s policies set to shape markets amid Fed easing in 2025
AgenciesU.S. investors are gearing up for lots of changes likely coming in 2025 from tariffs and deregulation to tax policy that could ripple through markets as President-elect Donald Trump returns to the White House putting the focus on whether the U.S. economy can continue to outperform.The change of the guard in Washington has big implications for how stocks
Ooredoo boosts governance, adds ESG to board committees
Tribune News NetworkDohaOOREDOO today announced the issuance of two new resolutions for 2024. The first pertains to updating the companys governance framework and the second involves revising the Board Charter aiming to elevate standards of transparency accountability and compliance with global best practices in corporate governance.This updated
QNB wins MetLife Gulf award for excellence in ‘bancassurance’ services
Tribune News NetworkDohaQNB has been recognized by MetLife Gulf for its exceptional performance inbancassuranceservices and innovative product offerings in a ceremony held recently in Dubai to celebrate major bancassurance partners.The recognition highlighted the achievements of QNBs bancassurance team and QNBs commitment to deliveri
QFC wins two awards at the Global Economic Awards 2024
Tribune News NetworkDohaQatar Financial Centre (QFC)has received the Outstanding CEO in Driving National Economic Growth and Best FDI Strategy and Development Initiatives awards at the Global Economic Awards 2024.The Global Economic Awards recognise organisations that have made notable contributions to fostering a positive work culture and driving econ
Swiss business world welcomes deal to upgrade trade ties with EU
AgenciesSwiss businesses welcomed a new deal to overhaul the countrys relationship with the EU adding early holiday cheer to an economy that is expected to be one of Europes most resilient in a challenging 2025.Corporate lobbies economists and firms say the agreement unveiled on Friday stabilizes relations with the bloc which accounts for over half of Sw
Commercial Bank marks QND, 50th year with series of CSR activities
Tribune News NetworkDohaIn celebration of Qatar National Day and to commemorate its 50th anniversary Commercial Bank rolled out a series of impactful Corporate Social Responsibility (CSR) initiatives.Commercial Bank has long demonstrated solidarity with the wider community in Qatar especially on Qatar National Day and expressed the importance of incl
Shura Council approves income tax law amendments
Tribune News NetworkDohaDuring its regular weekly session convened on 23 December 2024 at the Councils premises the Shura Council under the chairmanship of His Excellency the Speaker Hassan bin Abdullah Al Ghanim approved amendments to select provisions of the Income Tax Law promulgated under Law No. 24 of 2018.This measure aims to uphold tax par
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QNADohaThe Ministry of Labour (MoL) has introduced significant updates to the Unified Complaints and Disputes Platform extending its services to include services for employers.This initiative forms part of the ministrys continuous efforts to enhance a
Tribune News NetworkDohaQatar Charity (QC) has sent a second humanitarian convoy to Syria as part of its ongoing Reviving Hope campaign to support the Syrian people. The convoy consists of 24 trucks carrying essential relief supplies including food warmth ess
Tribune News NetworkKuwait CityQatar slumped to a disappointing 1-2 defeat against Oman in the 26th Arabian Gulf Cup Jaber Al Mubarak Al Hamad Stadium in Sulaibikhat Kuwait on Tuuesday.After having drawn against the United Arab Emirates in their opening
AgenciesThe cryptocurrency industry is pushing President-elect Donald Trumps team to kick start his promised crypto policy overhaul when he takes office next month with executive orders that would help push tokens mainstream according to industry officials.Trump p
