Business

Vodafone Qatar, Advanced Tech sign agreement 19 Mar 2014 - 11:21 am

DOHA: Vodafone Qatar and IT service provider Advanced Technologies and Solutions have signed a partnership agreement to deliver vehicle tracking solutions and software...

Qatar Exchange index adds 17.11 points 19 Mar 2014 - 11:20 am

Doha: Qatar Exchange pursued its upswing trend yesterday adding 17.11 points, or 0.15 percent, to advance to 11,418.76 points from 11,401.65 on Sunday....

Indian shares hit new peak on foreign buying 19 Mar 2014 - 11:19 am

MUMBAI: India’s benchmark stock index raced to a record high yesterday as foreign investors bought shares on hopes that a new pro-business government...

Russia’s Rosneft considers $66bn rouble bond offer 19 Mar 2014 - 11:18 am

MOSCOW: Russia’s biggest oil company Rosneft is considering offering 2.4 trillion rubles ($66bn) in ruble-denominated bonds to finance its colossal debt in possible...

Ukraine issue hits Russian privatisation plans 19 Mar 2014 - 11:18 am

MOSCOW: Russia said its long-delayed privatisation programme could be postponed again, the latest victim of a deepening economic crisis over Ukraine that has...

Cairn Energy tax row puts India buy-back plan of shares on hold 19 Mar 2014 - 11:17 am

LONDON: London-listed oil and gas explorer Cairn Energy has called a halt to a $300m share buy-back programme until a review of its...

Oriental Weavers ups dividend, profit rises 19 Mar 2014 - 11:16 am

CAIRO: Egypt’s Oriental Weavers, the world’s biggest machine-woven carpet maker, said yesterday it would pay a dividend of 2 Egyptian pounds ($0.29) a...

FDI in China rises 10.4pc in Jan-Feb 19 Mar 2014 - 11:16 am

BEIJING: Foreign direct investment (FDI) into China increased 10.4 percent year on year in the first two months of 2014, the government said...

Moody’s slashes Argentina rating as inflation stays high 19 Mar 2014 - 11:16 am

WASHINGTON: Moody’s lowered its credit rating for Argentina by one step, citing a sharp fall in the country’s reserves and inconsistent economic policies....

Qatar ranked GCC’s top financial centre 18 Mar 2014 - 08:11 am

DOHA: Qatar has been ranked as the top financial centre in the GCC. The Global Financial Centres Index (GFCI 15) covering 83 financial...

Vodafone buys Ono for $10bn 18 Mar 2014 - 08:10 am

A shop assistant at an Ono shop in the Andalusian capital of Seville. LONDON: Vodafone agreed yesterday to buy Spanish cable firm Ono...

Twitter CEO in China ‘to learn more’ on tech landscape 18 Mar 2014 - 08:08 am

WASHINGTON: Twitter Chief Executive Dick Costolo (pictured)is visiting China, the biggest market where the popular messaging service is banned, the company said yesterday....

GM recalls 1.5m vehicles more 18 Mar 2014 - 08:07 am

Chevrolet cars are seen at a GM dealership in Miami. DETROIT: General Motors Co will take a $300m charge primarily to cover the...

Agency 222 wins big at Lynx Awards 18 Mar 2014 - 08:06 am

Doha: Celebrating the best of creative advertising, marketing and design in the Mena (Middle East and North Africa) region, Agency 222 won five...

Protest against debt team 18 Mar 2014 - 08:05 am

Public sector workers scuffle with police before the arrival of a team of inspectors from the IMF, the European Commission and the European...

DBS buys SocGen’s Asia private banking business 18 Mar 2014 - 08:03 am

Regional CEO, Asia Pacific of Societe Generale Private banking Asia in Singapore yesterday. SINGAPORE: Singapore’s DBS Bank said yesterday it had agreed to...

Yuan takes a hit after reform 18 Mar 2014 - 08:01 am

A clerk counts 100 Chinese yuan banknotes at a branch of China Merchants Bank in Hefei yesterday. SHANGHAI: China’s yuan weakened against the...

Emaar’s retail unit spin-off plan won’t affect rating, says S&P 18 Mar 2014 - 07:55 am

DUBAI: Standard & Poor’s plans no rating action relating to Dubai’s Emaar Properties after the emirate’s largest listed developer announced plans to spin...