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Oil dips as Saudi rejects producer summitCrude oil prices eased on Friday due to a strong dollar and Saudi Arabia's dismissal of a producer summit, putting prices on track for a small weekly fall despite a strong rally in the previous session. Oct More… |
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Commercial Bank of Qatar net profit dips 3pcCommercial Bank of Qatar (CBQ) suffered a three per cent decline in second-quarter net profit, Reuters calculations based on half-year figures from the bank showed on Wednesday, as higher costs and provisions ove More… |
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Dollar dips on credit market woeThe dollar dipped against the yen on Friday as renewed worries about US financial institutions' losses from credit market turmoil eroded investors' risk appetite. The New York Times reported that Merrill Lynch was expected to suffer $15 bi More… |
