Ankara: The Turkish Central Bank on Thursday cut interest rates by 2.5 percentage points, days after announcing official statistics showing a slowdown in inflation that has eroded households’ purchasing power. The bank’s Monetary Policy Committee said…
Berlin: German postal company Deutsche Post announced on Thursday that it will cut 8,000 jobs by the end of the year, citing high costs.
According to Qatar News Agency, the cuts will affect about 4% of the domestic letter and parcel division’s 187,0…
Kuwait City: Kuwait Bourse closed trading on Thursday as the All Share Index lost 46.87 points to reach 8,119.35 points, a decrease of 0.57 percent.
According to Qatar News Agency, 344.3 million shares valued at KWD 96.6 million (roughly USD 297.5 m…
Doha: Deposit rates at opening as issued on Thursday by Qatar National Bank (QNB) are as following: USD JPY CHF GBP 1M 4.31397 0.35000 0.12000 4.40000 2Ms 4.29992 0.06000 0.24000 4.44000 3Ms 4.28586 0.17000 0.20000 4.37000 6Ms 4.17565 0.13000 0.22000 …