Business

Brent futures near $105 on Fed stimulus woes 05 Nov 2013 - 10:01 am

LONDON: Brent crude futures fell towards $105 a barrel yesterday, extending heavy losses on Friday, as concerns the US Federal Reserve could trim...

BlackBerry calls off sale, to replace CEO 05 Nov 2013 - 10:00 am

TORONTO: BlackBerry Ltd is abandoning a plan to sell itself and will raise about $1bn from its largest shareholder and other institutional investors...

Mideast crude tanker rates at 18-month high 05 Nov 2013 - 10:00 am

LONDON: Crude oil tanker earnings on the major Middle East route rallied yesterday to their highest in 18 months helped by a surge...

Boeing in advanced talks to assemble 777X near Seattle 05 Nov 2013 - 09:59 am

Seattle: Boeing is in advanced talks with a leading union to assemble its new 777X jet and build its wings in the Seattle...

Deadlock in Libya oil talks 05 Nov 2013 - 09:58 am

Workers from the Libyan National oil and gas company walking at the the Zawiya oil installation. Talks between Libyan authorities and protesters blockading...

Damac to raise $500m from London IPO 05 Nov 2013 - 09:57 am

DUBAI: Dubai luxury housing developer Damac Properties said it plans to raise as much as $500m from an initial public share offer in...

Qnbn Central Offices to boost connectivity of 30,000 users 05 Nov 2013 - 09:57 am

DOHA: Qatar National Broadband Network (Qnbn) has reached a milestone in its mission to bring high-speed fibre optic broadband infrastructure to the country...

Al Sada to attend QSRTC Innovation Open House 05 Nov 2013 - 09:57 am

DOHA: Qatar Shell Research and Technology Centre (QSRTC) will host its first Innovation Open House on Wednesday and Thursday showcasing innovative deployment of...

Fitch affirms National Bank of Oman BBB+ rating 05 Nov 2013 - 09:56 am

DOHA: Fitch Ratings has affirmed National Bank of Oman’s (NBO) Long-term Issuer Default Rating (IDR) at ‘BBB+’ with a Stable Outlook. The Viability...

Future Concrete conference on November 19 in Doha 05 Nov 2013 - 09:56 am

DOHA: Advanced Construction and Technology Services (ACTS), a leading consulting organisation in the field of construction materials and geo-technical engineering, has announced the...

UK employers warn against EU exit 05 Nov 2013 - 09:55 am

Britain’s Prime Minister David Cameron (right) speaks at the annual Confederation of British Industry conference in central London yesterday. LONDON: Britain must remain...

Troika returns to Athens; unions to strike 05 Nov 2013 - 09:54 am

ATHENS: The so-called troika of international creditors returned to Athens yesterday for another round of crucial talks with Greece’s debt-wracked government, as unions...

Gold firms as investors await ECB, Fed policy moves 05 Nov 2013 - 09:54 am

LONDON: Gold edged higher yesterday as the dollar retreated but stayed under pressure from talk the European Central Bank may loosen monetary policy...

IIA, Argon Global conduct training on data analytics 05 Nov 2013 - 09:52 am

Auditors who attended the training. Doha: The Institute of Internal Auditors (IIA) Qatar in association with Argon Global organised a workshop on “Data...

Qatari bourse index adds 44.64 points 05 Nov 2013 - 09:52 am

Doha: Qatar Exchange index added 44.64 points, or 0.46 percent, yesterday to reach 9,841.30 points from the previous closing of 9,796.66 points on...

Dana Gas third quarter profit dips 05 Nov 2013 - 09:52 am

DUBAI: Dana Gas made a net profit of Dh102m ($27.8m) in the third quarter compared with Dh104m in the same period of last...

Turkish lira weakens on high inflation in October 05 Nov 2013 - 09:51 am

ISTANBUL: The Turkish lira weakened yesterday after October inflation came in higher than expected, with investors betting the data would do little to...

Shell to sell licences in Nigeria 05 Nov 2013 - 09:44 am

LAGOS: Anglo-Dutch oil giant Shell said yesterday that it intended to sell some assets in Nigeria after announcing a slump in global profits...