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Qatar’s real estate market faces reality check ahead of World Cup

Qatar’s Doha Tower, a spike-tipped cylinder that glows orange at night, won an award when finished in 2012 amid a Gulf-wide real estate boom, but today about half of its 46 floors are empty.

Nissan panel to recommend outside director to chair board: Nikkei

A Nissan Motor governance committee will recommend the appointment of an external director as board chairman, a role distinct from company chairman, in a move to decentralize power at the top level, the Nikkei business daily reported on Sunday.

Canada’s Freeland pushes end of steel, aluminum tariffs in meeting with Pelosi

Canadian Foreign Minister Chrystia Freeland said on Saturday she had made clear in a meeting with U.S. House of Representatives Speaker Nancy Pelosi at the Munich Security Conference the importance of the U.S. lifting tariffs on steel and aluminum imports from Canada.

Russian court extends custody of Baring Vostok’s Calvey until April

A Russian court on Saturday ordered Michael Calvey, the U.S. founder of one of Russia’s biggest private equity firms accused of fraud, to be kept in custody until April 13.

Baring Vostok’s Calvey tells Russian court he will cooperate with investigation

Michael Calvey, the U.S. founder of one of Russia’s biggest private equity firms, told a Russian court on Saturday he would cooperate with an investigation into alleged financial misconduct and comply with terms if put under house arrest.

Russian court orders Baring Vostok’s Calvey to be kept in custody until April 13

A Moscow court has ordered Baring Vostok’s founder Michael Calvey to be kept in custody until April 13.

Exclusive: China ride-hailing giant Didi plans Chile, Peru launches to take on Uber

Chinese ride-hailing giant Didi Chuxing is planning to take on U.S. rival Uber in some of Latin America’s fastest-growing markets, recruiting managers in Chile, Peru and Colombia, according to job postings and a company official.

Famed Cullinan mine banks on big diamonds to drive down debt

The owner of one of the world’s most famous diamond mines could be about a decade away from clearing its multi-million-dollar debts, in a sign of the struggles facing an industry assailed by synthetic rivals and uncertain demand.

HNA cuts stake in Deutsche Bank to 6.3 percent: SEC filing

Chinese conglomerate HNA has cut its stake in Deutsche Bank to 6.3 percent, according to a filing with the U.S. Securities and Exchange Commission.

U.S.-China trade talks to resume next week, Trump hints at extension

The United States and China will resume trade talks next week in Washington with time running short to ease their bruising trade war, but U.S. President Donald Trump repeated on Friday that he may extend a March 1 deadline for a deal and keep tariffs on Chinese goods from rising.

China-U.S. trade talks ‘making a final sprint’: state media

Chinese state media on Saturday expressed cautious optimism over trade talks between the United States and China, a day after President Xi Jinping said a week of discussions had produced “step-by-step” progress.

Automakers brace for U.S. government report on import tariffs

A confidential Commerce Department report due to be sent to Donald Trump on Sunday is widely expected to clear the way for the U.S. president to threaten tariffs on imported autos and auto parts by designating the imports a national security threat, auto industry officials said on Friday.

Payless ShoeSource to start liquidation sales at stores

U.S. discount retailer Payless ShoeSource Inc said on Friday it would begin going-out-of-business sales at its U.S. and Puerto Rico stores on Feb. 17 and wind down its e-commerce operations.

Big U.S. exchanges to sue SEC over ‘overreaching’ fee experiment

The three largest U.S. stock exchange operators said they will sue the Securities and Exchange Commission for overstepping its authority by ordering a pilot program to test banning lucrative payments exchanges make to brokers for resting stock orders.

Starboard gauges Bristol-Myers shareholder support for Celgene deal

Activist hedge fund Starboard Value LP has asked a proxy solicitor to probe the level of support among Bristol-Myers Squibb Co shareholders for the U.S. drug maker’s $74 billion deal to buy Celgene Corp, people familiar with the matter said on Friday.

Mexico to inject $3.9 billion in Pemex, seeks to prevent credit downgrade

Mexico will inject $3.9 billion into ailing state oil company Pemex, officials said on Friday, promising to strengthen its finances and prevent a further credit downgrade, although investors saw the plan as only a short-term fix.

Analyst View: Investors divided over Mexico’s bailout of state oil company

The Mexican government promised on Friday to do what it takes to strengthen the finances of ailing state oil company Petroleos Mexicanos with an injection of at least $3.6 billion to prevent a further credit downgrade.

Mattel warns of weak 2019, shares drop most in 20 years

Mattel Inc on Friday issued a disappointing 2019 forecast and said demand for its iconic Barbie doll was slowing, triggering an 18 percent drop in its shares, their worst day in nearly two decades.

Wall Street Week Ahead: Profit estimates may be adding in too much cost risk

As Wall Street braces for the first quarterly decline in earnings in nearly three years, some investors are wondering if the market is factoring in a bigger erosion in profit margins than will actually come to pass.

Fed policymakers see one U.S. rate hike, or none, as growth slows

When the Federal Reserve last month adopted a new “patient” approach to monetary policy, it gave no specific guidance about how long its policy pause would last, or how many more interest-rate increases, if any, were in the offing.

Amazon invites Ocasio-Cortez for tour, calls worker claims untrue

A senior Amazon.com Inc executive on Friday disputed claims raised by Representative Alexandria Ocasio-Cortez that Amazon workers face “dehumanizing conditions” as being untrue and invited her to take a tour of company facilities.

Take Five: The R-word – World markets themes for the week ahead

Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them.

Venezuela opposition to leave Citgo funds, management untouched: envoy

Venezuela’s opposition has no plans to use funds belonging to U.S. refiner Citgo, which is owned by state oil company PDVSA, despite having named a new board for the company this week, the self-declared interim government’s U.S. envoy said on Friday.

Lyft to woo investors with fast U.S. growth in IPO race with Uber

Lyft Inc will pitch investors on its fast growth in the United States as it seeks to beat out Uber Technologies Inc to become the first publicly listed ride-hailing company, according to people familiar with the matter.

Wall Street rallies on trade optimism

Wall Street rallied on Friday, with the Dow and the Nasdaq posting their eighth consecutive weekly gains as investors grew hopeful that the United States and China would hammer out an agreement resolving their protracted trade war.

How Amazon scrapped its plans for a New York headquarters

More than a year of work to bring Amazon.com Inc’s headquarters and tens of thousands of jobs to New York City ended on Thursday with a couple of phone calls.

TSX rises 0.91 percent

* The Toronto Stock Exchange’s  S&P/TSX rose 142.26 points, or 0.91 percent, to 15,838.24.

Citigroup CEO gets $24 million as compensation in 2018

Citigroup Inc said on Friday its Chief Executive Michael Corbat will get a 4.35 percent raise, bringing his total compensation for 2018 to $24 million.

Amazon places big bet on aspiring Tesla rival Rivian

Amazon.com Inc said on Friday it would lead a $700 million investment in U.S. electric pickup truck startup Rivian Automotive LLC, in the e-commerce giant’s biggest bet on technologies with potential to reshape the automotive sector.

Progress in U.S.-China trade talks sparks world stock rally

Progress in the U.S.-China trade talks helped send world stock markets broadly higher on Friday and pulled investors out of the safety of government bonds.

Oil rises over 2 percent to 2019 highs on tightening supplies

Oil prices rose more than 2 percent to their highest this year on Friday after an outage at Saudi Arabia’s offshore oilfield boosted expectations for tightening supply, while progressing U.S.-Sino trade talks strengthened demand sentiment.

Mattel shares plunge on 2019 forecast

Mattel Inc said on Friday 2019 gross sales were expected to be flat, with weakness in Thomas & Friends and American Girl offseting comparatively stronger sales of its Barbie and Hot Wheels brands, sending the toymaker’s shares down 14 percent.

Mexico to inject $3.6 billion in Pemex, seeks to prevent credit downgrade

Mexico will inject $3.6 billion into ailing state oil company Pemex, officials said on Friday, promising to strengthen its finances and prevent a further credit downgrade, although investors saw the plan as only a short-term fix.

After strong 2019 start for U.S. stocks, trade verdict looms

Optimism about a U.S.-China trade agreement has helped drive U.S. stocks to more than two-month highs, creating a make-or-break moment for Wall Street as a year-long clash between the world’s two largest economies comes to a head.

Wall Street rallies on U.S.-China trade optimism

Wall Street rallied on Friday on growing hopes the United States and China can hammer out an agreement resolving their protracted trade war.

Alphabet unit seeks share of property taxes for Toronto smart city

Alphabet Inc’s Sidewalk Labs unit is proposing it get a share of property taxes, development fees, and the rising value of Toronto city land as part of a deal to build a smart city, according to the company’s slide presentation made public on Friday.

Oil prices rise 2 percent on signs of further Saudi tightening

Oil prices climbed more than 2 percent on Friday after an outage at Saudi Arabia’s offshore oilfield boosted investor expectations for tightening supply.

Hundreds of Chinese protest against BBVA in Madrid

Hundreds of Chinese citizens waving Spanish and Chinese flags took to the streets of Madrid on Friday to protest against BBVA, saying the bank had blocked their accounts.

Wall Street gains on U.S.-China trade optimism; Trump declares emergency

Wall Street’s main indexes were set on Friday to post their biggest weekly gain in nearly a month, as investors were optimistic about the ongoing trade talks to resolve a bruising tariff dispute between the United States and China.

Visa, Mastercard mull increasing fees for processing transactions: WSJ

Visa Inc and Mastercard Inc, the two biggest U.S. card networks, are preparing to raise certain fees levied on U.S. merchants for processing transactions from this April, the Wall Street Journal reported on Friday, citing people familiar with the matter.

Uber posts $50 billion in annual bookings as profit remains elusive ahead of IPO

Uber Technologies Inc had $50 billion in total bookings for its ride-service and food-delivery businesses last year, a testament to the size and global reach of the company as it prepares to woo investors in one of the biggest public stock listings to date.

U.S. drafts WTO reform to halt handouts for big and rich states

The United States proposed a reform of the World Trade Organization on Friday that would slash the number of countries that are eligible for “special and differential treatment”, a plan likely to be resisted by China, India and other countries.

Citgo Petroleum to dismiss workers in Aruba over U.S. sanctions: prime minister

A Citgo Petroleum Corp refining unit in Aruba plans to dismiss workers following sanctions imposed by the United States on Venezuela’s state-run PDVSA, the parent company of the U.S. refining firm, the island’s prime minister said on Friday.

Mexico will do whatever it takes to prevent Pemex downgrade

Mexico will inject $3.6 billion into ailing state-owned oil company Pemex, including by reducing taxes and refinancing debt, officials said on Friday, promising to do whatever it takes to strengthen its finances and prevent a further credit downgrade.

Trust in tailings? Vale dam disaster spurs investors into action

Seeking assurances from Brazilian miner Vale by phone after a second deadly dam disaster in three years is not enough for Sasja Beslik. He plans to fly there himself to get answers.