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Qatar eases bank laws for foreign workers

Qatar’s central bank is easing its banking rules for expats, as it grapples with a regional economic boycott about to enter its sixth month. The regulator ordered lenders to allow foreign workers to conduct normal banking transactions for 90 days after the expiry date of their visa, according...

U.S. new home sales race to nearly 10-year high in September

WASHINGTON (Reuters) - Sales of new U.S. single-family homes unexpectedly rose in September, hitting their highest level in nearly 10 years, offering hope that the housing market was regaining speed after appearing to stall recent months. The Commerce Department said on Wednesday new...

Oil dips from four-week highs; gasoline, heating oil rise

NEW YORK (Reuters) - Oil prices slipped on Wednesday from four-week highs after a surprising increase in U.S. crude inventories, even as top exporter Saudi Arabia reiterated its determination to end a three-year supply glut. The U.S. Energy Information Administration reported that crude...