Business

Award for Malabar Gold 04 Mar 2014 - 01:10 am

Malabar Gold & Diamonds team with the ‘Best Retail Chain of the Year’ award, in the National Jewellery Awards category, instituted by the...

Etihad profit up 48pc; Alitalia on radar 04 Mar 2014 - 01:04 am

Etihad Airways CEO James Hogan in Abu Dhabi yesterday. ABU DHABI: Etihad Airways’ Chief Executive said talks to pick an equity stake in...

Indonesian inflation eases 04 Mar 2014 - 01:02 am

A worker repairs a damaged boat, at a shipyard in north Jakarta yesterday. Indonesia’s annual inflation rate in February eased more than expected,...

All eyes on Geneva show 04 Mar 2014 - 01:02 am

People check a Peugeot 108 car ahead of the 84th Geneva Motor Show at the Palexpo Arena in Geneva yesterday. The Geneva Motor...

‘Low inflation menace to eurozone’ 04 Mar 2014 - 01:01 am

Spanish King Juan Carlos (left) with IMF Managing Director Christine Lagarde in Bilbao, Spain, yesterday. MADRID: IMF chief Christine Lagarde urged the eurozone...

Mideast markets tumble, QE index down 0.92pc 04 Mar 2014 - 12:54 am

Doha: Middle East stock markets slid yesterday as a heightened threat of conflict between Ukraine and Russia triggered widespread selling, despite the benefit...

Muntajat opens five international marketing units 04 Mar 2014 - 12:53 am

DOHA: Muntajat BV, the international marketing arm of Qatar Chemical and Petrochemical Marketing and Distribution Company (Muntajat) has recently announced the opening of...

Ivory Coast raises $315m 04 Mar 2014 - 12:53 am

RABAT: Ivory Coast raised 150bn CFA francs ($315m) in the regional market and hired banks for a $500m Eurobond issue, Morocco’s BMCE Bank...

Qatar, UAE markets gain strength 04 Mar 2014 - 12:52 am

DOHA: GCC equities got off to a flying start in the first two months of 2014, with Qatar and the UAE markets showing...

Japan LCD giant plans share sale 04 Mar 2014 - 12:52 am

TOKYO: Japan Display, the world’s biggest maker of screens for smartphones and tablet computers, yesterday announced details of a share offering that could...

Gates reclaims top of Forbes billionaire list 04 Mar 2014 - 12:52 am

New York: Bill Gates has returned to the top of Forbes magazine’s annual list of the world’s richest people, as rising stock markets...

Oman targets big rise in gas output 04 Mar 2014 - 12:51 am

MUSCAT: Oman expects a significant increase in its natural gas output over the next five years but little improvement in oil production, its...

Kuwait fines Ahli Bank chief over insider trade 04 Mar 2014 - 12:51 am

DUBAI/KUWAIT: A Kuwaiti court has fined the chairman of Al Ahli Bank, the country’s eighth largest bank by market capitalisation, KD1.5m ($5.3m) over...

UK on recovery path; more jobs created 04 Mar 2014 - 12:51 am

LONDON: British manufacturing grew more quickly than expected in February, adding to signs that the country’s economic recovery is broadening out, and job...

Manufacturing index in China at 7-month low 04 Mar 2014 - 12:51 am

BEIJING: Chinese manufacturing activity contracted in February at its worst rate in seven months, British banking giant HSBC said yesterday, the latest data...

Ferrari returns to turbo with more efficiency 04 Mar 2014 - 12:50 am

GENEVA: Italy’s Ferrari has mounted a turbocharged engine on its latest supercar for the first time in more than two decades, as even...

Spain ‘turns corner’ but jobs key: IMF 04 Mar 2014 - 12:50 am

MADRID: IMF chief Christine Lagarde declared yesterday that Spain’s economy has “turned the corner” but warned it must now focus on creating jobs...

Weekly Commodity Update: March unlikely to repeat February’s surge in commodities 04 Mar 2014 - 12:48 am

February was a strong month for commodities, with the broad-based DJ-UBS Commodity index returning more than 5 percent. This was more than the...