Qatar Tribune - Business

AgenciesBritains economy expanded slightly more than expected in the first quarter official data showed Thursday covering the period before business tax hikes and U.S. President Donald Trumps tariffs blitz took effect.Gross domestic product (GDP) rose 0.7% in the January-to-March period after only growing slightly in the final quarter of last year the Offic

AgenciesFord workers at plants in the western German city of Cologne started a historic first strike on Wednesday bringing production largely to a standstill as they tried to push back against planned job cuts.The walkout is the first to take place in almost 100 years of operation at the two plants which were founded in 1930.Pickets were set up at fac

AgenciesIndia had offered a trade deal that proposed no tariffs for American goods U.S. President Donald Trump claimed on Thursday while also expressing his dissatisfaction with Apples plans to invest in India.New Delhi is seeking to clinch a trade deal with the U.S. within the 90-day pause announced by Trump on April 9 on tariff hikes for major trading p

Agencies LondonIndian ready-made garment exports to the United Kingdom are expected to double after the Free Trade Agreement between India and UK are implemented. Currently the UK levies a 12 percent duty on ready-made garments made in India. This could potentially become zero after the implementation of the FTA. This is according to a report by Care E

Tribune News NetworkDohaMinister of State for Energy Affairs HE Saad Sherida Al Kaabi chaired the energy sectors 25th annual Qatarisation review meeting in the presence of senior executives and representatives from the companies participating in the Energy Sector Strategic Qatarisation Plan.Al Kaabi congratulated the participating companies on their

Tribune News NetworkDohaQatar Financial Centre Authority (QFCA) the legal and tax arm of the Qatar Financial Centre (QFC) a leading onshore financial and business centre in the region has signed a memorandum of understanding (MOU) with the Hong Kong Trade Development Council (HKTDC) and a Heads of Terms (HOT) with Hang Seng Indexes CompanyLimited (HSIL).

Tribune News Network DohaCommercial Bank a leader in innovative digital banking solutions has unveiled its all-new Corporate Mobile Banking App setting a new standard for business banking in the region. This state-of-the-art mobile app has been redesigned to transform how corporate clients manage their financial operations by delivering unprecedented speed secur

Tribune News Network DOHA Qatar Airways announced that the carrier has placed the largest aircraft order in its history with manufacturing partner Boeing NYSE: BA. As part of its strategic fleet growth plan the landmark order includes up to 210 Boeing widebody jets 160 firm and 50 option which is the largest widebody order and the largest 7

AgenciesPresident Donald Trumps rollercoaster tariff row with Beijing has wreaked havoc on US companies that rely on Chinese manufacturing with a temporary de-escalation only expected to partially calm the storm analysts and business owners say.The only option is to try to keep your head above water and be tossed by the waves or to go out of business sa

AgenciesMost US stocks rose Tuesday following an encouraging report that showed inflation unexpectedly slowed across the country last month.The S&P 500 climbed 0.7% coming off an even bigger gain to start the week after the United States and China announced a 90-day pause in their trade war to allow for negotiations. The Dow Jones Industrial Average fell 269 points

AgenciesThe U.S. tariffs barrage and the bounding cost of producing games have prompted manufacturers like Sony and Microsoft to announce price hikes on consoles in an industry shift experts say is set to last.Sonys 2020-vintage Playstation 5 has seen its price hiked by tens of dollars worldwide in recent weeks a move matched on Microsofts Xbox Series X.