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Lebanon credit rating cut deeper into junk by Fitch

Lebanon credit rating cut deeper into junk by Fitch

Lebanon’s credit ranking was cut deeper into junk by Fitch Ratings as one of the world’s most indebted nations finds its finances stretched with a dwindling flow of cash from abroad.

Bolsonaro’s Amazon flame throwing unsettles farming support base

Bolsonaro’s Amazon flame throwing unsettles farming support base

As Europeans threaten to block access to Brazilian exports over President Jair Bolsonaro’s environmental policies, some of the agribusiness players loyal to the former Army captain are starting to fret about the consequences of his rhetoric.

Trump heaps another 5% tariff on Chinese goods

Trump heaps another 5% tariff on Chinese goods

US President Donald Trump on Friday lashed back at a new round of Chinese tariffs by heaping an additional 5% duty on some $550bn in targeted Chinese goods in the latest tit-for-tat trade war escalation by the world’s two largest economies.

Japan and US reach framework trade pact; no US concessions seen: Nikkei

Japan and US reach framework trade pact; no US concessions seen: Nikkei

The United States and Japan have reached the broad framework of a trade agreement, Japan’s Nikkei business daily said yesterday, with Tokyo making concessions on its agriculture but none immediately apparent from Washington on automobiles.

Pakistan PM orders to prepare roadmap to revive economy

Pakistan PM orders to prepare roadmap to revive economy

Taking notice of plunging into severe slowdown, Prime Minister Imran Khan has directed his economic team to prepare a roadmap for revival of national economy aligned with IMF conditions to kickstart sluggish economic activities.

Amazon inks deal to buy 49% stake in India’s Future Retail

Amazon inks deal to buy 49% stake in India’s Future Retail

Amazon.com Inc struck a deal that gives it the right to eventually buy a stake in India’s Future Retail Ltd, as the US giant seeks to bolster its presence in one of the world’s fastest-growing retail markets.

Trump roils currency market, reigniting intervention speculation

Trump roils currency market, reigniting intervention speculation

President Donald Trump’s latest missives against China on Friday sent the dollar tumbling and fuelled chatter about a possible US move to weaken the currency. Trump took to Twitter to bemoan a “very strong dollar and a very weak Fed,” and said that he’ll be responding to China’s

Copper seen ‘heading south’ on route Fed rate cuts can’t reverse

Copper seen ‘heading south’ on route Fed rate cuts can’t reverse

If you’re seeking reassurance that the global economy will soon pull out of its funk, don’t look to copper. That’s the view of analysts including Mike McGlone of Bloomberg Intelligence and Max Layton of Citigroup Inc

Divergent economic performance across euro area causes problems: QNB

Divergent economic performance across euro area causes problems: QNB

The divergence in performance across the euro area is a serious problem for policymakers and the European Central Bank (ECB) in particular, QNB has said in an economic commentary.

HSBC Qatar appoints new HR head

HSBC Qatar appoints new HR head

HSBC Qatar has appointed Shamsa al-Fahd as new head of its human resources in Qatar. Shamsa has more than 13 years of Human Resources experience in Qatar

UDC recognised at 10th edition of Asia’s Best Employer Brand Awards

UDC recognised at 10th edition of Asia’s Best Employer Brand Awards

United Development Company (UDC) has clinched two new awards at the 10th edition of Asia’s Best Employer Brand Awards, which celebrate excellence in HR and recognise the achievements of organisations

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