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Category: Industry

US wages jump by the most in records dating back 20 years

Washington, Wages jumped in the three months ending in September by the most on records dating back 20 years, a stark illustration of the growing ability of workers to demand higher pay from companies that are desperate to fill a near-record number of …

US consumer spending up a modest 0.6% with inflation high

Washington, American consumers slowed their spending to a gain of just 0.6% in September, a cautionary sign for an economy that remains in the grip of a pandemic and a prolonged bout of high inflation, the Associated Press (AP) reported.At the same tim…

Asia shares slip despite signs of optimism on global economy

Tokyo, Asian shares slipped on Friday, despite recent signs of optimism about the global economy, including recent rallies on Wall Street., reports AP.Japan’s benchmark Nikkei 225 edged down 0.9% in morning trading to 28,559.89, as investors mostly too…

QIC Group’s nine-month net profit jumps 491% to QR511mn

Qatar Insurance Company (QIC) posted a net profit of QR511mn for the first nine months of this year, witnessing a 491% rise compared to the same period in 2020.The nine-month results the leading insurer in the Middle East North African (MENA) region we…

Launch of “Rowad Qatar 2021” Conference Next November

Qatar Development Bank (QDB) announced the launch of the seventh edition of the Qatar Entrepreneurship Conference “Rowad Qatar 2021” under the slogan Digital Transformation and the New Economy: Opportunities for Innovation and Prosperity, which will be…

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