Business

Subway to add 13,000 jobs 23 Jan 2014 - 12:17 am

A man walks past a Subway sandwich store in central London yesterday. Subway, one of the largest fast-food chains in the world, plans...

Banking shares push QE index up 0.29pc 23 Jan 2014 - 12:15 am

Doha: Qatar Exchange pursued its upswing trend yesterday adding 32.22 points, or 0.29 percent, to advance to 11,179.61 points from 11,147.39 on Tuesday....

Canada keeps key lending rate at 1pc 23 Jan 2014 - 12:15 am

OTTAWA: The Bank of Canada kept its key lending rate at one percent yesterday, as inflation drops further below its two percent target....

Etihad secures US route-sharing deal with JetBlue 23 Jan 2014 - 12:14 am

ABU DHABI: Abu Dhabi’s state-owned Etihad Airways has secured a deal to share route codes with US carrier JetBlue Airways, it said yesterday,...

Eyeing Watson IPO, Li Ka-shing goes for low price Electric sale 23 Jan 2014 - 12:14 am

HONG KONG: Tycoon Li Ka-shing made the initial public offering of a Hong Kong utility as cheap as he could, seeking to bolster...

Putin rejects devaluation as ruble hits 5-year low 23 Jan 2014 - 12:14 am

MOSCOW: President Vladimir Putin yesterday dismissed growing speculation about an imminent currency devaluation as the Russian ruble hit five-year lows amid growing capital...

Iraq oil exports and revenues fell in 2013 23 Jan 2014 - 12:14 am

BAGHDAD: Iraq’s oil exports and revenues declined in 2013 compared to the previous year, official figures showed yeterday, despite efforts to dramatically ramp...

Gulf Helicopters to buy 15 AW189s from Italian firm 22 Jan 2014 - 12:06 am

H E Dr Mohamed bin Saleh Al Sada and Daniele Romiti exchanging documents during the signing ceremony yesterday. DOHA: Gulf Helicopters, a company...

Doha Bank expects 15-20 percent growth 22 Jan 2014 - 12:05 am

The CEO of Doha Bank R Seetharaman announcing the bank’s annual results with other officials yesterday. (Abdul Basit) Doha: Doha Bank, Qatar’s fifth-largest...

Experts at IPTC tackle complex energy issues 22 Jan 2014 - 12:04 am

The Minister of Energy and Industry, H E Dr Mohamed bin Saleh Al Sada, and Andrew Swiger, Senior Vice-President of Exxon Mobil Corporation...

Lenovo eyes IBM unit 21 Jan 2014 - 11:56 pm

People stand under a sign showing the Lenovo company at a computer market in Shanghai yesterday. Lenovo Group Ltd has resumed talks to...

Fitch affirms Dolphin Energy’s bonds A+ rating 21 Jan 2014 - 11:55 pm

DOHA: Fitch Ratings has affirmed Dolphin Energy Limited’s (DEL) $1,250m 5.888 percent bonds at ‘A+’; Outlook Stable. The Ratings Agency has also affirmed...

Patton Boggs elects two partners 21 Jan 2014 - 11:55 pm

WASHINGTON/DOHA: Patton Boggs announced the election of Charbel M Maakaron and Lacy L Kolo to the partnership, effective immediately. Both were previously associates...

Gold falls one percent on strong dollar 21 Jan 2014 - 11:54 pm

LONDON: Gold fell one percent yesterday, dragged down by firmer equities and a stronger dollar after renewed talk that the US Federal Reserve...

Unilever sticks with emerging markets 21 Jan 2014 - 11:54 pm

LONDON: Unilever said it would stick to its emerging markets growth strategy as a fourth-quarter recovery in sales in the region boosted the...

Oil reaches $108, IEA says demand to accelerate 21 Jan 2014 - 11:54 pm

LONDON: Oil rose to touch $108 a barrel yesterday after the International Energy Agency (IEA) raised its forecast for global oil demand this...

IMF raises global growth forecast 21 Jan 2014 - 11:53 pm

WASHINGTON: The International Monetary Fund raised its global growth forecast for the first time in nearly two years yesterday, saying fading economic headwinds...

Pakistan forecasts robust growth 21 Jan 2014 - 11:39 pm

Pakistani labourers prepare a steel pillar at a construction site in Lahore yesterday. Pakistan’s central bank estimated economic growth for the current fiscal...