Qatar has made an offer of nearly one billion British pounds ($2 billion) for Nasdaq’s 31% stake in the London Stock Exchange (LSE), joining Singapore in a bidding war for a share in the European bourse. Nasdaq last month said it might sell its stake in LSE to bolster its chances of buying Nordic exchange operator OMX. (Getty Images)
A few months after buying FRHI Hotels & Resorts from investors including Qatar Investment Authority and Kingdom Holding, AccorHotels CEO Sébastien Bazin denies the hotel management firm is growing too fast. In fact, he intends to pick up the pace – especially in the GCC.