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Doha Bank posts 11% jump in 9-month net profit to QR819mn

Doha Bank posts 11% jump in 9-month net profit to QR819mn

Robust growth in investment income and control on operating expenses helped Doha Bank report 11% year-on-year jump in net profit to QR819mn for the nine-month ended September 30, 2019.

Gulfstream unveils G700 in race for world’s biggest private jet

Gulfstream unveils G700 in race for world’s biggest private jet

Gulfstream is angling to reclaim bragging rights as builder of the world’s biggest private jet. The plane maker unveiled plans to make a roomier version of its flagship G650, which was unseated last year as the largest luxury jet by Bombardier Inc’s Global 7500.

Boeing ousts airliner chief as 737 MAX crisis worsens

Boeing ousts airliner chief as 737 MAX crisis worsens

Boeing Co on Tuesday ousted the top executive of its commercial airplanes division, Kevin McAllister, marking the first high-level departure since two fatal crashes of its 737 MAX jets.

Qatar Chamber explores co-operation ties with Serbia, Kenya delegations

Qatar Chamber explores co-operation ties with Serbia, Kenya delegations

The Qatar Chamber (QC) held two separate meetings yesterday with delegations from Serbia and Kenya to discuss ways of enhancing joint co-operation, especially in the field of labour.

Future of automotive industry and its impact on oil and gas producing countries discussed

Future of automotive industry and its impact on oil and gas producing countries discussed

Energy expert and former Austrian Foreign Affairs Minister Dr Karin Kneissl tackled the ‘The Future of the Automotive Industry and Its Impact on Oil and Gas Producing Countries’ in her lecture, held recently (October 17) in Doha.

French industry morale drops to 4 1/2-year low as trade tensions bite

French industry morale drops to 4 1/2-year low as trade tensions bite

Industrial confidence far weaker than expected; drop comes as new US duties hit Airbus; French industry has resisted broader slump

Europe stock markets mixed; pound firms

Europe stock markets mixed; pound firms

The pound firmed against the dollar and euro yesterday as the European Union prepared to grant a further delay to Brexit, averting the prospect of Britain departing the bloc next week without a deal.

A $50bn bond trade embraced by Goldman hinges on ETF gains

A $50bn bond trade embraced by Goldman hinges on ETF gains

Bond traders at some of the world’s largest banks have more than $50bn riding on the success of the exchange-traded fund market, according to a new report from BlackRock Inc.

Eurozone bonds rise; Swiss bonds outperform

Eurozone bonds rise; Swiss bonds outperform

Eurozone government bonds were moving higher yesterday with safe-haven German Bunds leading the way, as investors grew more wary about how and when Britain will leave the European Union.

Brexit weighs on EM stocks; Russia deal lifts Turkish lira

Brexit weighs on EM stocks; Russia deal lifts Turkish lira

Emerging-market shares retreated from their highest in more than two months yesterday as Britain’s chaotic efforts to leave the European Union weakened demand for riskier assets.

Asia stock markets drop as Johnson’s Brexit bid fails

Asia stock markets drop as Johnson’s Brexit bid fails

The pound clawed back earlier losses yesterday in Asia after Boris Johnson’s failure to push through his Brexit deal fuelled fresh uncertainty, while regional equities ticked lower as investors took a step back after recent gains.

Nissan likely to axe its Datsun brand

Nissan likely to axe its Datsun brand

Nissan Motor Co Ltd is likely to axe its Datsun brand, drop some unprofitable products and close a number of assembly lines worldwide as it seeks to boost profits by getting smaller, two company sources with direct knowledge of the matter said.

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