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Qatar, Ukraine bilateral trade scaling up, says al-Kuwari

Qatar, Ukraine bilateral trade scaling up, says al-Kuwari

Agreements and memoranda of understanding in trade and investment played a key role in bolstering bilateral trade between Qatar and Ukraine, which reached QR257.6mn in 2017, said HE the Minister of Commerce and Industry, Ali bin Ahmed al-Kuwari.

Ford CEO open to investors in autonomous vehicles

Ford CEO open to investors in autonomous vehicles

Ford Motor Co chief executive Jim Hackett told Reuters the company was open to investment by automakers and others in its autonomous vehicle business, but cautioned that expanding partnerships with German automaker Volkswagen AG was a “delicate dance.”

Powell says economy faces headwinds as Fed mulls rate hikes

Powell says economy faces headwinds as Fed mulls rate hikes

Federal Reserve chairman Jerome Powell said the US economy is strong but could face headwinds next year as policymakers weigh how far and fast to raise interest rates.

Boeing, FAA weigh software fix on 737 Max plane after crash

Boeing, FAA weigh software fix on 737 Max plane after crash

Boeing Co and US aviation regulators are weighing whether to issue a software fix for the 737 Max, the aircraft type involved in a deadly crash in Indonesia last month, to ensure that the plane won’t dive aggressively without pilot commands.

Germany to invest more than $3.39mn by 2025 to beef up AI capabilities

Germany to invest more than $3.39mn by 2025 to beef up AI capabilities

Cabinet agrees to invest €3bn on AI research; opposition Greens say plan is ‘more than fuzzy’; German economy risks losing out if fails to embrace change

UK credit impulse: There is nothing new under the sun

UK credit impulse: There is nothing new under the sun

The wave of optimism we observed on Wednesday after a Brexit deal was announced was clearly premature. The warning from Scottish PM was already a negative sign regarding the evolution of the situation.

Swiss banks probed over payments system boycott

Swiss banks probed over payments system boycott

Watchdog looks at suspected boycott of Apple Pay, Samsung Pay; targets include Swiss units of Credit Suisse, UBS; Credit Suisse says allegations will prove to be unfounded; Swiss payments rival says made complaint against Apple

British stocks battered on Brexit deal backlash

British stocks battered on Brexit deal backlash

British shares suffered and sterling tumbled yesterday as the growing risk of a disorderly divorce from the European Union spooked investors, with leading index the FTSE 100 moving for most of the day in rare lockstep with the domestic currency.

‘US equities will outshine their international peers’

‘US equities will outshine their international peers’

US equities will outshine their international counterparts over the coming year, despite slowing corporate profit growth and increased stock market volatility, several big-name investors said.

Asia stocks jump on hopes for easing of China-US trade war

Asia stocks jump on hopes for easing of China-US trade war

Asian markets mostly rose yesterday, with Hong Kong and Shanghai rallying on hopes for an easing of the China-US trade war, while energy firms also enjoyed a much-needed bounce as oil prices stabilised.

PetroChina’s gas marketing consolidation worries independent sellers

PetroChina’s gas marketing consolidation worries independent sellers

PetroChina will merge its wholesale natural gas sales unit with retail provider Kunlun Energy to shore up profits though the move worries independent gas sellers that fear the combination will create a monopoly.

China Southern Airlines to quit SkyTeam alliance

China Southern Airlines to quit SkyTeam alliance

China Southern Airlines said it will leave the SkyTeam airline alliance on January 1 next year to meet the needs of the company’s own development strategy.

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