Qatar Tribune - Business

AgenciesNestle and Unilever may be raising prices more slowly but it has not been enough to win back some cost-conscious customers with the consumer goods giants delivering disappointing first-half sales growth on Thursday. Shares of Dove soap maker Unilever rose 5 percent as it nonetheless maintained its annual sales forecast and posted a first half profit beat b

AgenciesChina will allocate 300 billion yuan ($41.40 billion) in ultra-long treasury bonds to support a program of equipment upgrades and consumer goods trade-ins the government said on Thursday in the latest step to spur an economic recovery. About half the planned bond funds will be used for supporting consumer goods trade-ins according to a notice issued by th

Tribune News NetworkDohaIn line with the Third Financial Sector Strategy the FinTech Strategy and Qatar Central Banks endeavor to regulate and develop the financial sector and enhance the FinTech ecosystem in the country Qatar Central Bank has issued the Distributed Ledger Technology (DLT) Guideline aimed at regulating the use of DLT in the financial sec

Tribune News NetworkDohaAamal Company one of the regions leading diversified companies on Wednesday announced that the company registered total revenue of QR1045.2 million in the first half of 2024 compared to QR1067.4 million in the first half of the same period. The slight fall was driven by the completion of the Aamal Cables contract.The compa

ribune News NetworkDohaCommercial Bank has successfully closed a 3-year $500 million syndicated term loan facility led by Bank of America Mizuho Bank and SMBC Bank as joint coordinators and bookrunners of the facility.According to a statement issued by the bank the syndication was launched at an initial value of $500 million. The transac

AgenciesBusiness activity growth in the eurozone came to a near halt this month as a modest expansion in the dominant services sector failed to counterbalance a more significant decline in manufacturing according to a survey released on Wednesday.HCOBs preliminary composite Purchasing Managers Index compiled by S&P Global dropped to 50.1 this month from Jun

AgenciesChinese officials warned a delegation of top U.S. executives visiting Beijing this week that higher tariffs on imports from China will harm their businesses inside the country.The delegation of influential business people belonging to the U.S. China Business Council including the CEOs of FedEx and Micron followed a top-level meeting last week where ruling

AgenciesVietnam will let electricity-guzzling factories buy electricity from wind and solar power producers helping big companies like Samsung Electronics meet their climate targets and relieving pressure on the countrys overstrained grid.The government decree allowing Direct Power Purchase Agreements or DPPAs was approved earlier this month. It lifts a regula

AgenciesAt the start of every work day construction worker Charles Smith puts on the essentials: hard hat. Safety glasses. A reflective vest. And a small watch-like band for his wrist.But rather than track time its purpose is to ensure he doesnt overheat while working during sweltering summer days in Texas. The wristband monitors his heart rate core body temp

AgenciesProponents of a nearly $3 billion project to restore part of southeast Louisianas rapidly vanishing coastline released a study Tuesday touting the expected economic benefits of its construction even as the project faces pushback and litigation from communities who fear the environment and their livelihoods will be severely affected.The Mid-Barataria Sedi

AgenciesBuenos Aires downtown has been paralyzed by anti-government rallies in recent months causing traffic-induced headaches as President Javier Mileis brutal austerity measures gain pace.Alejandra a street vendor saw people with nowhere to urinate.Plazas provided no privacy and cafes insisted on pricey purchases to use the toilet. With litt