Confidence among U.S. consumers cooled in April from a one-year high, a sign the moderation in job growth may limit the biggest part of the economy.
The Thomson Reuters/University of Michigan’s preliminary index of sentiment dropped to 75.7 from 76.2 last month. The measure was projected to be unchanged, according to a median forecast in a Bloomberg News survey of economists.
Tempered optimism follows the slowest month of job growth since October and a drop in weekly earnings that may restrain household purchases that account for about 70 percent of the economy. Another report showed consumer prices advanced at a slower pace in March, giving Federal Reserve policy makers room to maintain low borrowing costs.
Ahli Bank posts 9-month net profit of QR503.5mn
Ahli Bank has posted a net profit of QR503.5mn for nine months up to September, thus “maintaining its underlying performance” as against the corresponding period of 2015.
The bank’s balance sheet gr
Mega projects drive insurance growth in Qatar’
Mege projects and this is why, as an international company, we are interested in Qatar,” country head Salim Mansour told Gulf Times on the sidelines of the opening of AXA’s new shop at The Pearl. The