Qatar Tribune - Business

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China’s industrial output, fixed-asset investment rise

QNABeijingChinas industrial production picked up pace in the first two months of 2024 accompanied by faster growth in the high-tech manufacturing and the consumer goods manufacturing sectors official data showed M

Mar 19, 2024
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EasyJet opens first new UK base in 12 years

PA Media/dpa LondonEasyJet has said its first new UK base in more than a decade will give passengers additional flight options and could reduce fares.The airlines new operation at Birmingham Airport wil

Mar 19, 2024
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Al-Attiyah Foundation, Centre for the National Interest sign MoU

Tribune news network doha The Abdullah Bin Hamad Al-Attiyah International Foundation for Energy and Sustainable Development and the Center for the National Interest (CFTNI) have embarked on a significant partnership by

Mar 19, 2024
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EPA bans asbestos, a deadly carcinogen still in use decades after a partial ban was enacted

Agencies The Environmental Protection Agency on Monday announced a comprehensive ban on asbestos a carcinogen that kills tens of thousands of Americans every year but is still used in some chlorine bleach brake pads and other products.The final rule marks a major expansion of EPA regulation under a landmark 2016 la

Mar 19, 2024
United Airlines CEO CEO Scott Kirby

United CEO tries to reassure customers airline is safe despite recent incidents

Agencies The CEO of United Airlines says that a slew of recent incidents ranging from a piece of aluminum skin falling off a plane to another jet losing a wheel on takeoff will cause the airline to review its safety training for employees.CEO Scott Kirby said the airline was already planning an extra day of training

Mar 19, 2024
Federal Reserve Board Chair Jerome Powell in Washington recently.

Fed likely to preach patience as consumers and markets look ahead to rate cuts

Agencies Across the United States many people are eagerly anticipating the Federal Reserves first cut to its benchmark interest rate this year: Prospective home buyers hope for lower mortgage rates. Wall Street traders envision higher stock prices. Consumers are looking for a break on credit card debt at record-high interest

Mar 19, 2024
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QNBFS upgrades Baladna to outperform as volumes grow

Satyendra PathakDohaQNB Financial services (QNBFS) recently announced that it has upgraded Baladna Qatars largest locally-owned food and dairy producer from accumulate to outperform.In a company report published recently QNBFS said We upgrade our call to outperform from accumulate but maintain our 12-month TP of QR1.767 implying a 52.5 percen

Mar 19, 2024
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Agreement reached between German union IG Metall and Ford suppliers

dpa SaarlouisAfter days of negotiations the German industrial union IG Metall and five companies in the supplier park at Ford in the western town of Saarlouis have reached a negotiation outcome.We have concluded agreements with the five plants Ralf Cavelius lead negotiator for the local branch of union told dpa on Sunday evening.

Mar 19, 2024
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Britain in ‘better position’ against cyber attacks, but businesses at risk

PA Media/dpa LondonThe UK and its allies are in a better position against cyber attacks than a few years ago Microsofts UK head of security has said even as the tech giant warned that a vast majority of businesses in the UK are vulnerable to threats.Paul Kelly director of security for Microsoft UK said that the UK is the second most attacked count

Mar 19, 2024
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Flying taxis could take off in two years under UK govt plan

PA Media/dpa London The first piloted flying taxi could take to the UK skies in two years under Government plans which could also see regular drone deliveries by 2027.The Department of Transport (DoT) has released its Future of Flight Action Plan which also proposes flying taxis without pilots on board by 2030.It also foresees regular use o

Mar 19, 2024
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Apple faces $490 mn action over claims Cook misled shareholders

dpa San Jose CaliforniaA few sentences from Apple boss Tim Cook more than five years ago could cost the iPhone company almost half a billion dollars.Apple wants to settle a class action lawsuit that has been running for years with a payment of $490 million according to court documents from the weekend.In a conference call following the pr

Mar 19, 2024
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Most Europe banks able to handle current headwinds, say experts

dpa Frankfurt The majority of banks in Germany and Europe will be able to cope with the crisis in the office and real estate markets coupled with a weakening economy senior banking officials said at a conference in Frankfurt on Monday.We as supervisors do not need to be nervous. We have our instruments and have engaged with these risks at a very ea

Mar 19, 2024
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Uber settles with Australian taxi drivers and car hire companies

dpa SydneyUS-based ride-hailing company Uber settled a long-running legal dispute with Australian taxi and car hire services on Monday by agreeing to a payout of almost A$272 million ($179 million) according to the Australian Associated Press (AAP).A court hearing on Monday for the class action brought by 8000 taxi drivers and car hire companies again

Mar 19, 2024
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Austria inflation unrevised at 26-month low

BrusselscTypeface:> Austrias consumer price inflation eased to the lowest level in more than two years as initially estimated in February the latest data from Statistics Austria showed on Monday. The consumer price index climbed 4.3% year-over-year in February slower than the revised 4.6% increase in January. That was in line with the flash data published on March 1. Further this was

Mar 19, 2024
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Norway’s GDP expands 0.4%

Oslo: The Norwegian economy recovered at a faster-than-expected pace in January amid positive contributions from wholesale and retail trade and the electricity industry Statistics Norway reported Monday. Gross domestic product advanced a seasonally adjusted 0.4% month-on-month in January in contrast to a 0.3% decrease in December. The expected increase was 0.1%. Meanwhile overall GDP rema

Mar 19, 2024

A Nissan Leaf EV car and portable battery on display at Nissan Gallery in Yokohama.

Nissan, Honda to study tie-up on EVs amid Chinese dominance

According to the settlement agreement Apple still does not believe that it has violated any laws or misled investors

Mar 19, 2024
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Building on its success in accelerating Qatari exports QDB launches 4th edition of Go Global Program

Tribune news network Doha Qatar Development Banks Export Development and Promotion Agency Tasdeer has announced the launch of the fourth edition of the Go Global Export Accelerator Program which empowers Qatari companies to access global markets.The latest edition builds on the programs significant contribution to boosting Qatari exports

Mar 18, 2024
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Qatar Tribune was launched on the 35th Independence Day of Qatar, under the parentcompany QIM Group, which has a history in the publishing, printing & distribution field.

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MoPH intensifies measures to ensure food safety

QNADohaThe Ministry of Public Health (MoPH) has intensified control over local food and its outlets to ensure the safety of products that are handled marketed and consumed during the Holy Month of Ramadan in addition to tightening control over food consignments imp

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EAA Foundation, Awqaf honour student achievers at special iftar

Tribune News NetworkDohaThe Education Above All Foundation (EAA) and the General Directorate of Endowments (Awqaf) hosted a celebratory iftar for beneficiaries of the Qatar Scholarship programme. This years event is marked by the introduction of more than 100 new s

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Coach Lopez names Qatar squad for double-header against Kuwait

Tribune News NetworkDohaHead coach Marquez Lopez announced the 25-man Qatar squad that will face Kuwait twice this month in the FIFA World Cup 2026 and AFC Asian Cup Saudi Arabia 2027 joint qualifiers.Its Lopezs first squad after being confirmed as

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Oil prices inch higher amid attacks on Russian facilities

Agencies LondonBrent crude briefly topped $86 per barrel on Monday for the first time since November before pulling back as Ukraine stepped up its attacks on Russian energy infrastructure.Brent crude oil futures for May delivery were up 51 cents at $85.

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