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 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.
According to Fitch Solutions, “Qatar offers an e-commerce market worth almost $1.5bn in 2019. The Middle East and North Africa (Mena)
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 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 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 announced yesterday that it will invest $300mn over three years to support journalism, with an emphasis on promoting hard-hit local news organisations.
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’s economy narrowly avoided a recession at the end of 2018 after a slump in industry raised concerns over Europe’s growth engine.
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.
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.