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Huawei’s founder breaks silence to deny spying, praise Trump

Huawei’s founder breaks silence to deny spying, praise Trump

Ren Zhengfei, the billionaire founder of Huawei Technologies Co, broke a years-long silence to dismiss US accusations the telecoms giant helps Beijing spy on Western governments.

China signals more stimulus as economic slowdown deepens

China signals more stimulus as economic slowdown deepens

China yesterday signalled more stimulus measures in the near term as a tariff war with the United States took a heavy toll on its trade sector and raised the risk of a sharper economic slowdown.

Digital banking — a key enabler for Qatar’s e-commerce market

Digital banking — a key enabler for Qatar’s e-commerce market

According to Fitch Solutions, “Qatar offers an e-commerce market worth almost $1.5bn in 2019. The Middle East and North Africa (Mena)

Katara Hospitality subsidiary, Rixos Hotels ink MoU on Qetaifan Island North projects operations

Katara Hospitality subsidiary, Rixos Hotels ink MoU on Qetaifan Island North projects operations

Qetaifan Projects Company, a subsidiary of Katara Hospitality, signed a Memorandum of Understanding (MoU) with Rixos Hotels to manage and operate the hotels, the souq, the water park and the beach club in Qetaifan Island North.

Qatar Insurance recognised as ‘Best Motor Insurance Company Mena 2018’

Qatar Insurance recognised as ‘Best Motor Insurance Company Mena 2018’

Qatar Insurance has been recognised as the ‘Best Motor Insurance Company Mena 2018’ at the Global Banking & Finance Review awards conducted by the Global Banking & Finance review magazine.

JPMorgan misses Q4 profit estimates as bond trading slumps

JPMorgan misses Q4 profit estimates as bond trading slumps

JPMorgan Chase & Co, the largest US bank by assets, yesterday reported a slump in bond trading revenue that it blamed on market volatility and a smaller-than-expected quarterly profit.

Facebook follows Google with funds to support journalism

Facebook follows Google with funds to support journalism

Facebook announced yesterday that it will invest $300mn over three years to support journalism, with an emphasis on promoting hard-hit local news organisations.

Merkel seeks to preserve jobs while phasing out coal plants

Merkel seeks to preserve jobs while phasing out coal plants

Angela Merkel’s commission plotting Germany’s exit from coal faces a tricky balancing act: how to stop mining and burning the dirtiest fossil fuel without whipping up more voter anxiety over job losses.

Germany dodges recession with ‘slight’ growth in Q4

Germany dodges recession with ‘slight’ growth in Q4

Germany’s economy narrowly avoided a recession at the end of 2018 after a slump in industry raised concerns over Europe’s growth engine.

China said to eye near four-fold LNG import capacity jump by 2035

China said to eye near four-fold LNG import capacity jump by 2035

China may boost its liquefied natural gas import capacity by nearly four-fold within two decades as it pushes toward using more of the fuel.

Yuan firms as PBoC pledges FX stability

Yuan firms as PBoC pledges FX stability

China’s yuan edged up against the US dollar yesterday, buoyed by weakness in the greenback and repeated assurances from the central bank that the foreign exchange rate can be kept stable despite its shift to policy easing.

Asian markets resume rally as China plans to cut taxes

Asian markets resume rally as China plans to cut taxes

Asian markets yesterday rebounded from the previous day’s sharp losses, with Hong Kong and Shanghai lifted by Chinese plans to slash taxes to boost the economy, while the pound extended gains ahead of a crunch Brexit vote.

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