Business

Europe’s carmakers warn of more cuts in weak recovery 11 Sep 2013 - 01:14 am

Journalists look at the Ford S-MAX Concept at the Ford exhibition booth during the press day of the Frankfurt Motor Show IAA in...

Jaguar eyes mass market SUVs, sedans 11 Sep 2013 - 01:14 am

LONDON: Luxury carmaker Jaguar said it would invest $2.4bn in a new range of lightweight aluminium sports sedans and crossover SUVs aimed at...

BMW accused of spying on Paris electric car scheme 11 Sep 2013 - 01:14 am

PARIS: The group that runs Paris car-sharing scheme Autolib’ said yesterday it had filed a criminal complaint accusing German carmaker BMW of using...

Unilever CFO stands by India investment 11 Sep 2013 - 01:13 am

LONDON: Unilever will keep investing in emerging markets like India even though growth is slowing, Chief Financial Officer Jean-Marc Huet said, pointing to...

Polish LNG terminal faces 6-month delay 11 Sep 2013 - 01:13 am

WARSAW: Poland’s proposed liquefied natural gas (LNG) terminal will be delayed by six months because of financial problems plaguing its builders and is...

Turkish economy picks up in Q2 11 Sep 2013 - 01:09 am

ISTANBUL: Turkey’s economy expanded more than expected in the second quarter, with strong domestic demand offsetting a huge trade shortfall, but ministers said...

Cowboys take advantage of error-prone Giants 10 Sep 2013 - 04:31 am

New York: The New York Giants kept giving Dallas the ball and it was only a matter of time before the Cowboys started...

Reinsurance premiums to grow faster 10 Sep 2013 - 04:26 am

From left: Dr Kai-Uwe Schanz, Shashank Srivastava and Akshay Randeva present the first annual Mena Reinsurance Barometer. DOHA: Mena reinsurance premiums will grow...

Qatar beats US, Italy in cost of construction 10 Sep 2013 - 04:26 am

DOHA: The construction costs in Qatar are much higher than the countries like US and Italy. An “International Construction Cost Report” released yesterday...

Muntajat’s LPG carrier Gas Ionian to carry vinyl chloride monomer 10 Sep 2013 - 04:25 am

A view of the new ship Gas Ionian. DOHA: Qatar Chemical and Petrochemical Marketing and Distribution Company (Muntajat) yesterday announced inducting a modern...

Osborne hails growing economy 10 Sep 2013 - 04:24 am

LONDON: Britain’s Finance Minister, George Osborne, said yesterday the UK economy had turned a corner and that its recovery was a vindication of...

Brent crude slips by $2.05 a barrel 10 Sep 2013 - 04:23 am

LONDON: Oil prices fell far from recent 28-month highs yesterday as weak US jobs data helped to offset fears of Middle East supply...

Qatar Exchange index drops 1.15pc; Dubai plunges 2pc 10 Sep 2013 - 04:22 am

Doha: Qatar Exchange index slipped by 106.53 points, or 1.15 percent, to 9,151.28 points from the previous closing of 9,257.81 points. The volume...

Bahrain’s Al Salam Bank to buy BMI Bank 10 Sep 2013 - 04:22 am

DUBAI: Bahrain’s Al Salam Bank has agreed to acquire fellow Bahraini lender BMI Bank, an affiliate of Oman’s Bank Muscat, through a share-swap...

TSB may still attract a buyer 10 Sep 2013 - 04:22 am

LONDON: More than 600 bank branches being rebranded as TSB by Britain’s Lloyds Banking Group could be bought by a trade or financial...

China to help South Sudan develop mining 10 Sep 2013 - 04:21 am

JUBA: China will help South Sudan develop a mining sector and is in talks to lend it between $1 and 2bn for road,...

WTO chief calls for breaking Doha deadlock 10 Sep 2013 - 04:20 am

The new Director-General of the World Trade Organization, Roberto Azevedo (left) of Brazil, arrives with Brazilian Foreign Minister Luiz Alberto at WTO headquarters...

Economy powerhouse Germany grapples with global role 10 Sep 2013 - 04:20 am

BERLIN: Chancellor Angela Merkel has been thrust into leading Europe back from the financial brink, but Germany remains reluctant to take on global...