AAIA: Cathay Airbus defects could cause major damage

The engine defect in the Airbus A350 plane that led to the cancellation of dozens of Hong Kong-based Cathay Pacific Airways’ flights in early September could have escalated into “extensive damage,” public broadcaster Radio Television Hong Kong report…

Oil Prices Rise After US Interest Rate Cut

Oil prices rose on Thursday after a large interest rate cut from the US Federal Reserve, but concerns over global demand lingered and capped gains.

Brent crude futures for November were up 36 cents, or 0.5 percent, to USD 74.01 a barrel, while WTI cr…

QSE Index Rises 0.32% at Start of Trading

– The general index of Qatar Stock Exchange (QSE) rose 33.33 points, or 0.32%, at the start of trading on Thursday, to reach the level of 10,440 points, compared to yesterday’s closing.

QSE’s figures showed an increase in the performance of most sect…

Gold Holds Gains after US Rate Cut

Gold prices stabilized Thursday after hitting a record high in the previous session after the Federal Reserve decided to cut interest rates significantly.

Spot gold was little changed at $2,562.85 per ounce, after scaling a record high of $2,599.92 o…