Qatar Tribune - Business

AgenciesGone are the days of six-fingered hands or distorted facesAI-generated video is becoming increasingly convincing attracting Hollywood artists and advertisers while shaking the foundations of the creative industry.To measure the progress of AI video you need only look at Will Smith eating spaghetti.Since 2023 this unlikely sequenceentirely

AgenciesJeep-maker Stellantis said Wednesday it was pulling the plug on plans to build light vans using hydrogen fuel cells saying it saw no prospects for it to be commercially viable. The company whose stable of brands also includes Peugeot Citroen and Fiat had planned to begin serial production of commercial vans equipped with hydrogen fuel cells this summer a

AgenciesMorgan Stanleys profit climbed as market volatility buoyed its trading desk echoing second-quarter results among its Wall Street rivals. Equity markets swung sharply during the quarter after US President Donald Trump announced sweeping tariffs against major economies. The turbulence spurred trading as investors repositioned their portfolios and hedged risks driving

AgenciesThe European Commission will kickstart two years of tense negotiations when it unveils its proposal Wednesday for the EUs long-term budget including funding reforms that risk renewed confrontation with farmers. EU chief Ursula von der Leyen has to balance a growing list of priorities including bolstering the blocs security ramping up Europes compet

AgenciesDutch tech giant ASML said Wednesday it booked higher net profits in the second quarter of 2025 compared with the same period last year but warned that geopolitical headwinds had darkened the 2026 outlook.The firm which makes cutting-edge machines for the manufacture of semiconductors said net profits came in at 2.3 billion euros compared with 1.6 billion

AgenciesAbroad rise in prices from coffee and audio equipment to home furnishings pushed U.S. inflation higher in June which economists view as a sign that the Trump administrations escalating import tariffs are being passed on to consumers.Overall consumer prices rose 0.3% in June a roughly 3.5% annual rate after a 0.1% increase in May official data showed

AgenciesPakistanis are increasingly ditching the national grid in favor of solar power prompting a boom in rooftop panels and spooking a government weighed down by billions of dollars of power sector debt.The quiet energy revolution has spread from wealthy neighborhoods to middle- and lower-income households as customers look to escape soaring electricity bills and

AgenciesIndonesias leader lauded on Wednesday a new era of trade relations with the U.S. following President Donald Trumps announcement that he had lowered the tariff rate faced by Southeast Asias largest economy from 32% to 19%.The Trump administration has been under pressure to finalize trade pacts after promising a flurry of deals recently as cou

Tribune News NetworkDoha Aamal Company (Aamal) one of the regions largest and most diversified companies is on Tuesday announced that through its subsidiary Aamal Real Estate (ARE) it has entered into an agreement to purchase the Golden (Aamal) Tower located in Onaiza Doha for a total price of QR478.4 million. The purchase price was determined

ANIDoha Qatar Islamic Bank (QIB) Qatars leading digital bank and Mastercard have launched a Summer Spend Campaign offering QIB Mastercard Credit and Debit Cardholders the chance to win a share of 10 million Absher rewards points when using their cards internationally over the summer.During the 3-month campaign ending on October 14 2025 60 winner

Tribune News NetworkDoha Qatar Fuel Company (Woqod) Qatars sole distributor and marketer of refined petroleum products and gas announced its financial results for the first half of 2025 posting a net profit of QR460 million. The results approved by the companys board of directors chaired by Ahmed Saif Al Sulaiti reflect Woqods performance for the six-m