Business

Uber CEO Travis Kalanick resigns

June 21, 2017

SAN FRANCISCO — Travis Kalanick has resigned as CEO of Uber, the ride-hailing company he helped found. Kalanick stepped down late on Monday Pacific time, after receiving a letter from some of the largest investors in the company. The letter, titled “Moving Uber Forward,” asked that [...]

Qatar Airways wins ‘Airline of the Year’ award 2017

June 20, 2017

PARIS (CNNMoney) – For Qatar Airways, it was the best of times and it was the worst of times. During a glitzy awards ceremony Tuesday at the Paris Air Show, Qatar Airways was named “Airline of the Year” by the international air transport ratings group, Skytrax. The award comes as [...]

Barclays Four Former Top Executives Charged With Fraud Over Fundraising With Qatari Investors

June 20, 2017

Bank, ex-chief executive and three others accused, marking first time any top bankers have faced charges over financial crisis The Serious Fraud Office has charged Barclays, its former chief executive and three other former top executives with fraud over the way it raised billions of pounds from [...]

Qatar Airways CEO Warns of ‘Lasting Wound’

June 20, 2017

The CEO of Qatar Airways says the blockade imposed on his country by its Gulf neighbors “will leave a lasting wound.”. PARIS (AP) — The CEO of Qatar Airways said Monday that the blockade imposed on his country by Gulf neighbors “will leave a lasting wound” and that he [...]

Qatar begins shipping cargo through Oman to bypass Gulf rift

June 12, 2017

DOHA, Qatar (AP) — Qatar said Monday it had begun shipping cargo through Oman to bypass Gulf countries that have cut off sea routes to the tiny, energy-rich nation, the latest move by Doha to show it can survive a diplomatic dispute with its neighbors. Qatar’s port authority published video [...]

Gulf crisis threatens Qatar Airways transit business: experts

June 12, 2017

Dubai (AFP) – Qatar Airways has made Doha a global hub in just a few years, but barring it from Gulf states’ airspace threatens its position as a major transcontinental carrier, experts say.Along with its Gulf peers — Dubai’s Emirates Airlines and Abu Dhabi’s Etihad [...]

Who Are the Corporate Winners and Losers of the Saudi, UAE lead blockade with Qatar

June 11, 2017

June 11, 2017, 12:36 PM GMT+3 Sanctions against Qatar may hurt U.A.E. construction companies Qatar Airways is set to be one of the biggest losers With Qatar increasingly isolated from its Gulf neighbors in an escalating geopolitical crisis, the economic and financial implications are starting to [...]

UK vote sparks uncertain outlook for financial sector

June 9, 2017

London (AFP) – Financial markets dislike uncertainty but were handed a hugely clouded outlook Friday after the Conservative party of Prime Minister Theresa May lost its parliamentary majority in Britain’s snap general election. Traders and analysts in the City of London financial [...]

Qatar’s dispute with Arab states puts LNG market on edge

June 6, 2017

Saudi Arabia and key allies on Monday cut ties with Qatar, the world’s top seller of liquefied natural gas (LNG), stoking concern over any supply disruptions to neighboring countries spilling over into global gas markets. Saudi Arabia, along with the United Arab Emirates and Egypt – [...]

Some Sri Lankan banks stop buying Qatar Riyal

June 6, 2017

Some Sri Lankan banks stopped buying Qatar Riyal QARLKR=R on Tuesday, saying their counterpart banks in Singapore advised them not to accept the currency a day after the Arab world’s biggest powers cut ties with Qatar. Saudi Arabia, Egypt, the United Arab Emirates and Bahrain on Monday [...]

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Business

Uber CEO Travis Kalanick resigns

Qatar Airways wins ‘Airline of the Year’ award 2017

Barclays Four Former Top Executives Charged With Fraud Over Fundraising With Qatari Investors

Qatar Airways CEO Warns of ‘Lasting Wound’

Qatar begins shipping cargo through Oman to bypass Gulf rift

Gulf crisis threatens Qatar Airways transit business: experts

Who Are the Corporate Winners and Losers of the Saudi, UAE lead blockade with Qatar

UK vote sparks uncertain outlook for financial sector

Qatar’s dispute with Arab states puts LNG market on edge

Some Sri Lankan banks stop buying Qatar Riyal