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Qatar reviews competitive growth, global thrust areas at Davos









qna

Doha

Qatar's high-level delegation participating in the World Economic Forum reviewed giant positive steps taken by the country in areas......

Global economy starts 2015 on wrong foot








qna

Doha

The global economy has started 2015 on the wrong foot. The sharp decline in oil prices pushed the Eurozone...
 
Oil majors to preserve dividends despite oil collapse, tap debt








Reuters

LONDON/DAVOS

Europe's oil majors will strike a sober note in their fourth-quarter results and investors will focus on companies'plans to...
 
QIB bags award for SME scheme and co-branded credit card








Tribune NEws Network

Doha

Qatar Islamic Bank (QIB), has received two awards from Global Banking & Finance Review. QIB has been...
 
Russia faces $40 bn battle to stave off banking crisis








Reuters

MOSCOW

Russia may have to spend more than $40 billion this year to avert a banking crisis, as the growing...
 
ECB's Coure defends economic stimulus plan








Reuters

DAVOS

A top official with the European Central Bank defended its long-awaited economic stimulus programme, saying it would be...
 
New Venezuela forex platform to have free-floating rate








Reuters

CARACAS

A new foreign exchange platform for Venezuela to be created as part of the three-tiered currency control system will...
 
ECB move, oil price have central bankers optimistic on global economy








dpa

Davos

Central bankers voiced cautious optimism Saturday about the global economy at this year's World Economic Forum, arguing that eurozone...
 
Big mortgage investors take first step toward suing Ocwen








Reuters

New York

Major mortgage bond investors including BlackRock, MetLife and Pimco on Saturday took a first step toward suing Ocwen...
 
Tepco, Chubu to buy LNG from Vitol, GDF Suez








Reuters

LONDON/MILAN

Japan's Tokyo Electric Power Co and Chubu Electric Power Co,, are expected to buy a total of six cargoes...
 
Why Target's Canadian expansion failed after less than 2 years








NYT news service

New York

It was a brief stint for Target in Canada. Less than two years after opening there,...
 
The strong dollar is always good, except when it isn't








nyt news service



US Treasury secretaries routinely say that they favor a strong dollar, regardless of circumstances or economic conditions....
 
Helping to lift the burden of student debt








nyt news service



Has the student loan crisis already been solved? This might seem an absurd question. Student loan debt...
 
Apollo to pay more on Presidio amid reputational, credit questions








Reuters

NEW YORK

The term debt financing backing Apollo Global Management LLC's buyout of information technology services provider Presidio Inc is...
 
Australia, China open skies in landmark air agreement








Reuters

PERTH

Australia and China are allowing more flights with each other, and paving the way for new routes, in an...
 
Blackstone to raise $4.5 bn for energy fund








Reuters

New York

The Blackstone Group has finished raising $4.5 billion for a new fund dedicated to investments in the energy...
 
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