Business

Rakuten buys chat app Viber for $900m 16 Feb 2014 - 07:29 am

Viber’s Founder and CEO Talmon Marco at the Mobile World Congress in Barcelona. TOKYO: Japanese e-commerce giant Rakuten Inc, controlled by billionaire Hiroshi...

Ezdan honours best employees 16 Feb 2014 - 07:28 am

An employee receiving the award during the ceremony. DOHA: Ezdan Holding group recently honoured about 50 of its outstanding employees during an annual...

Malabar Gold’s showroom relocated 16 Feb 2014 - 07:26 am

Kannada Actress Thara receiving the first sale from Power Star Puneeth Rajkumar at the inauguration of Malabar Gold and Diamonds’ newly relocated showroom...

Trader Joe’s for expansion 16 Feb 2014 - 07:24 am

Shoppers look over the offerings at the new Trader Joe’s store in Boulder, Colorado. Trader Joe’s opened in Colorado for the first time...

China’s consumer prices rise 16 Feb 2014 - 07:23 am

A trailer carrying cars travels past vans parked at a port in Dalian, Liaoning province, yesterday. China’s consumer prices rose 2.5 percent in...

ThyssenKrupp posts impressive profit 16 Feb 2014 - 07:22 am

A plant and blast furnace of ThyssenKrupp Steel Europe AG in Duisburg. The German industrial posted a better than expected quarterly operating profit,...

QIC enters Lloyd’s market with Antares’ buy 16 Feb 2014 - 07:20 am

DOHA: Qatar Insurance Company (QIC) has reached an agreement to acquire the entire share capital of Antares Holdings Limited, together with its subsidiaries...

QIA fund not restricted to any specific country: CEO 16 Feb 2014 - 07:20 am

DOHA: Qatar Investment Authority’s (QIA) global fund is open to partnerships across the world and not limited or restricted to a specific area...

VW workers reject UAW union plan 16 Feb 2014 - 07:20 am

CHATTANOOGA: The United Auto Workers union suffered a major defeat on Friday when workers at German auto giant Volkswagen’s Tennessee plant rejected its...

Qatargas carries out first ship-to-ship LNG transfer 16 Feb 2014 - 07:19 am

DOHA: Qatargas chartered LNG ships recently carried out the first ship-to-ship (STS) transfer operation of LNG between two Q-Flex type ships following an...

Eurozone coming out of recession: QNB 16 Feb 2014 - 07:19 am

Doha: The eurozone is finally coming out of recession, Qatar National Bank Group (QNB) said in its weekly analysis. Without higher growth and...

India regulator issues notice to Etihad on Jet deal 16 Feb 2014 - 07:18 am

MUMBAI: India’s market regulator has issued a show-cause notice to Etihad Airways, asking whether the Abu Dhabi-based carrier violated takeover rules in acquiring...

US to pursue trade dispute over China, Taiwan solar imports 16 Feb 2014 - 07:18 am

WASHINGTON/LOS ANGELES: The United States took a step on Friday towards potentially extending import duties on Chinese solar energy products to also cover...

Rakuten buys chat app Viber for $900m 16 Feb 2014 - 07:18 am

TOKYO: Japanese e-commerce giant Rakuten Inc, controlled by billionaire Hiroshi Mikitani, will buy call and messaging app provider Viber Media Inc for $900m...

China January lending soars to four-year high 16 Feb 2014 - 07:17 am

BEIJING: China’s banks disbursed the most loans in any month in four years in January, a surge that suggests the world’s second-biggest economy...

South Korea’s Iran oil imports dip 51pc in Jan 16 Feb 2014 - 07:17 am

SEOUL: South Korea’s crude imports from Iran fell 51 percent in January from a month earlier, and shipments are expected to remain at...

Buffett’s Berkshire dumps stake in Dish 16 Feb 2014 - 07:17 am

New York: Warren Buffett’s Berkshire Hathaway Inc eliminated its stake in Dish Network Corp in the fourth quarter and added a stake in...

ECB ready to take action if needed 16 Feb 2014 - 07:16 am

FRANKFURT: The European Central Bank is ready to take “decisive action if required” should inflation risk becoming entrenched below the ECB’s target of...