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Qatar central bank raises policy rates

  DOHA / Reuters Qatar’s central bank said that it raised its overnight lending rate by 25 basis points to 5.0 percent after the U.S. Federal Reserve tightened policy by a similar margin. The central bank also increased its overnight deposit rate by 25 bps to 1.25 percent. However, the central bank reduced banks’ reserve requirement — the amount of ...

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Google to revamp ad policies after UK, big brands boycott

  Bloomberg Google, the primary revenue driver for Alphabet Inc., announced changes to its advertising policies after major brands pulled ads from the platform because they appeared alongside offensive content, such as videos promoting terrorism or anti-Semitism. The US company said in a blog post it would give clients more control over where their ads appear on both YouTube, the ...

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Toshiba attracts more potential bidders for chips unit

  Bloomberg Toshiba Corp.’s memory chips business is attracting more potential bidders ahead of an end-March deadline, including Japanese government-backed entities, people with knowledge of the matter said. The Development Bank of Japan is considering a joint offer with US financial bidders, people familiar with the matter said, asking not to be identified discussing a private matter. The electronics conglomerate ...

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