A leading US bank regulator on Friday reversed course and positioned the agency to claw back pay of former executives at Wells Fargo & Co after a phony-accounts scandal.
The Qatar Stock Exchange (QSE) index declined by 185.97 points, or 1.87%, during the week to close at 9,774.98. Market capitalisation decreased by 1.40% to QR528.3bn versus QR535.8bn at the end of the previous week.
Aruna Desai has a problem with the thousands of Indian rupees she has with her in the US – she can’t find a bank to exchange her funds and couldn’t give the money away if she tried.
Optimistic on enhanced strategic relationship between Qatar and China, Doha Bank has said the recently held ‘Made in China’ exhibition will offer an opportunity for Doha to tap into the Asian country’s technological advancements.
Iraq must compensate firms for output curbs; Baghdad has already told Opec it will not cut production; says it needs every last dollar to fight Islamic State
China will position itself as free trade’s new champion at an Asia-Pacific summit this weekend, with the Communist government seeking to project economic leadership as a US-led Pacific Rim trade pact languishes under President-elect Donald Trump.
European stock markets mostly declined yesterday and the euro struck a near 12-month low against the dollar on sky-high expectations of a US interest rate hike in December.
Apple is weighing an expansion into digital glasses, a risky but potentially lucrative area of wearable computing, according to people familiar with the matter.
Venezuela said it would tap $2.2bn from a Chinese credit line to boost oil output at joint ventures with China National Petroleum Corp, in a boost for the South American country’s struggling oil industry and a show of unity with a key ally.
Carmakers in China are fretting over whether a tax break that has propped up sales this year will be extended, with an end to the policy possibly leading to the first annual decline in sales on record for the world’s largest auto market.