Business

‘World Cup feat will boost Qatar’s Stock Exchange’ 19 Jan 2023 - 08:19 am

Doha: Having grabbed the headlines for all the good reasons, Qatar plans to provide a fresh boost to its Stock Exchange opening up...

Musk 'lied' about funding to take Tesla private, investors' lawyer says 18 Jan 2023 - 08:58 pm

San Francisco: A lawyer for Tesla Inc investors said on Wednesday that CEO Elon Musk "lied" when he tweeted in 2018 that funding...

Davos 2023: China recovery could be very quick -IMF's Gopinath 18 Jan 2023 - 07:28 pm

Davos: China could see a sharp recovery in economic growth from the second quarter onwards based on current infection trends after the dismantling...

Global tax reform may add $250bn a year to public coffers 18 Jan 2023 - 07:12 pm

New York: The world’s governments stand to increase their collective tax revenues by about $250bn a year by enacting a deal to rewrite...

Microsoft to cut 10,000 jobs as tech layoffs intensify 18 Jan 2023 - 07:05 pm

Microsoft Corp on Wednesday said it would eliminate 10,000 jobs and take a $1.2-billion charge as its cloud-computing customers dissect their spending and...

US Producer Price Index declines by most since start of pandemic 18 Jan 2023 - 05:18 pm

US producer prices dropped in December by the most since the start of the pandemic, extending a months-long pullback in inflationary pressures. The...

OMODA 5 clinches award 18 Jan 2023 - 08:22 am

Doha:OMODA 5 has won wide attention as the first global vehicle of Chery since its birth, especially its technology configuration, which is comparable...

Real Estate trade reaches QR3.058bn in December 2022 18 Jan 2023 - 08:21 am

Doha:The volume of real estate trading in sales contracts registered with the Real Estate Registration Department at the Ministry of Justice in December...

IPI up10.4% in Nov 2022 18 Jan 2023 - 08:18 am

Doha: The Industrial Production index (IPI), November 2022 reached to 97.3 points decreased by 1.7 percent compared to the previous month (October 2022),...

Minister of Finance meets World Bank Managing Director of Operations 18 Jan 2023 - 08:17 am

Minister of Finance H E Ali bin Ahmed Al Kuwari met with World Bank Managing Director of Operations, Axel van Trotsenburg on the...

Qatar’s LNG production to expand in coming years 18 Jan 2023 - 08:13 am

Doha: Qatar’s Liquified Natural Gas (LNG) capacity forecasts a vital expansion in the coming years, a report by Fitch Solutions stated. The country’s...

Microsoft to cut engineering jobs this week as layoffs go deeper 17 Jan 2023 - 10:58 pm

Microsoft Corp. plans to cut jobs in a number of engineering divisions on Wednesday, according to a person familiar with the matter. The...

Bridgewater’s Prince says more jobs must vanish to tame inflation 17 Jan 2023 - 08:03 pm

Bob Prince, who helps manage the world’s largest hedge fund, said we’re seeing the return of the boom-bust cycle and more people need...

Electric car batteries could vastly boost grid storage: study 17 Jan 2023 - 07:31 pm

Paris: Electric car batteries could significantly boost the storage capacity of electricity grids and accelerate the transition away from planet-harming greenhouse gases, a...

Liberty mutual considers $1 billion Latin America sale 17 Jan 2023 - 07:23 pm

Liberty Mutual Holding Co. is exploring a sale of its Latin America businesses as part of the US insurer’s divestment plans from non-core...

Pfizer expands low-cost medicine program to include 500 products 17 Jan 2023 - 06:02 pm

Pfizer Inc. expanded its program to offer its products at not-for-profit prices in poor countries to include 500 drugs and vaccines. The program,...

Disciplinary action taken against investment manager at Horizon Crescent Wealth 17 Jan 2023 - 04:10 pm

Doha: The Qatar Financial Center (QFC) Regulatory Authority announced Tuesday that it had taken disciplinary action against a person associated with Horizon Crescent...