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Doha's hotels suffer in Eid holiday due to Arab sanctions

26 June 2017

DOHA (Reuters) - A boycott imposed by four Arab nations that accuse Qatar of supporting terrorism is squeezing the tourism sector and Doha's hotels which would normally be full in the Eid al-Fitr holiday have seen steep falls in their occupancy rates.

Push on with the 'great unwinding', BIS tells central banks

26 June 2017

LONDON: Major central banks should press ahead with interest rate increases, the Bank for International Settlements said on Sunday, while recognising that some turbulence in financial markets will have to be negotiated along the way.

Takata decides to file for bankruptcy

26 June 2017

TOKYO: Japan's Takata Corp, the firm at the centre of the auto industry's biggest ever product recall, will file for bankruptcy protection in Japan on Monday with liabilities of more than 1 trillion yen (US$9 billion), a source said.

Investment, social justice top SPD's German election programme

26 June 2017

BERLIN (Reuters) - Germany's Social Democrats (SPD) agreed on their policy platform for a Sept. 24 election in which they want to deny conservative Chancellor Angela Merkel a fourth term in office despite polls showing them trailing by around 15 percentage points.

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