More cases of the new coronavirus outside China along with warnings by major companies that their earnings could be hurt caused most stock markets to pull back yesterday.
Business activity in the eurozone picked up more than expected this month, a business survey showed on Friday, in welcome news for policymakers at the European Central Bank who are trying to revive growth and chronically low inflation.
British entrepreneur Richard Branson heralded his first cruise ship “Scarlet Lady” on Friday as targeting a younger generation of holidaymakers with a range of attractions that he believes will outweigh any fears around coronavirus.
Tesla Inc has overcome a legal roadblock standing in the way of Elon Musk’s plan to build an electric-car factory in Germany.
A M Best, an international insurance rating agency, has affirmed Qatar General Insurance and Reinsurance Company's (QGIRC) financial strength rating at 'A- (Excellent)' and the long-term issuer credit rating at “a-”.
The Qatar Stock Exchange witnessed strong rebound, especially in the last three sessions, to overall settle 87 points higher this week which saw QNB brokerage QNBFS licensed as liquidity provider.
A team from the International Monetary Fund (IMF) met Lebanese government officials yesterday at the start of a visit to advise on how to tackle the country’s crippling financial and economic crisis.
Higher margins, continued cost control, and a clear focus on risk have enabled Qatar’s listed banks to report, on average, a 5.5% profit increase year-on-year in 2019, a KPMG analysis has shown.
Investors are growing increasingly concerned about the rise in coronavirus cases outside China, threatening gains in riskier assets that propelled the S&P 500 Index to an all-time high this week.
China yesterday announced it would cut interest rates in a bid to boost the economy, as it battles the economic fallout of the new coronavirus outbreak.
Shares in affiliates of HNA Group surged yesterday following a news report that China plans to take over the debt-laden conglomerate as the coronavirus outbreak has further hit its ability to meet financial obligations.