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Aramco has emerged from attacks ‘stronger than ever’: CEO

Aramco has emerged from attacks ‘stronger than ever’: CEO

Saudi Aramco has emerged from attacks on its oil facilities “stronger than ever”, chief executive Amin Nasser told employees in a message, adding that full oil production would resume by the end of this month.

Ahlibank completes new 5-year bond transaction raising $500mn

Ahlibank completes new 5-year bond transaction raising $500mn

Ahli Bank (Ahlibank), rated A2 by Moody’s and A by Fitch, has completed its third bond issuance for $500mn under its $1.5bn EMTN Programme in the international debt capital markets.

ECB’s monetary stimulus to continue, says QNB report

ECB’s monetary stimulus to continue, says QNB report

The European Central Bank (ECB) has decided to launch a new stimulus package at the latest monetary policy meeting of its Governing Council on September 12

Qatar Chamber, China trade centre hold meeting to strengthen co-operation ties

Qatar Chamber, China trade centre hold meeting to strengthen co-operation ties

Qatar Chamber held a meeting Saturday with a Chinese trade delegation led by the Chinese Foreign Trade Centre (CFTC).

Saudi vows quick recovery despite damage to oil plants

Saudi vows quick recovery despite damage to oil plants

Saudi Arabia vowed yesterday to quickly restore oil production as it revealed extensive damage to key oil plants following weekend aerial strikes, which have been blamed on Iran by Washington.

Trump dismisses ‘partial deal’ with China to end rift

Trump dismisses ‘partial deal’ with China to end rift

US President Donald Trump said he doesn’t want to make a partial trade deal with China and that voters won’t punish him for the ongoing trade war in his 2020 bid for re-election. “I am not looking for a partial deal. I am looking for a complete deal,” Trump said yesterday at the White House during a

Britain’s Thomas Cook scrambles for $251mn to avert collapse

Britain’s Thomas Cook scrambles for $251mn to avert collapse

Britain’s Thomas Cook needs to find an extra £200mn ($251mn) to satisfy its lenders or one of the world’s oldest holiday company risks collapse, potentially stranding thousands of holidaymakers across Europe.

Fed officials put their divisions over the state of US economy

Fed officials put their divisions over the state of US economy

After delivering a split-decision rate cut earlier this week, US Federal Reserve officials put their divisions over the state of the economy and what should be done about it on full display yesterday with warnings of a slowdown and financial risks book-ending talk of how well things are going.

Danske overtakes rival banks with shrewd debt-sale tactics

Danske overtakes rival banks with shrewd debt-sale tactics

Danske Bank A/S is racing ahead of its rivals in issuing a key type of debt as investors desperate for yield look past the lender’s history of financial scandal.

Sensex surges on fiscal stimulus

Sensex surges on fiscal stimulus

Indian equity benchmarks clocked their biggest intraday gains in a decade as the government lowered corporate tax rate to spur growth and trigger jobs.

Stimulus-hooked China market traders shift focus to easy monetary conditions

Stimulus-hooked China market traders shift focus to easy monetary conditions

China traders disappointed by a lack of policy rate cuts this week are now shifting focus to a new gauge of borrowing costs for signs of easier monetary conditions.

Asian markets enjoy gains as focus turns back to trade talks

Asian markets enjoy gains as focus turns back to trade talks

Asian markets edged up yesterday as investors turn their attention to the China-US trade talks, while keeping an eye on the Gulf region after last week’s air strikes on Saudi oil facilities fanned geopolitical tensions.

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