Business

Domino’s Pizza bites into Japan market 14 Aug 2013 - 12:20 am

SYDNEY: Australia’s Domino’s Pizza Enterprises said yesterday it is expanding into Asia, taking a 75 percent stake in the fast-food brand’s Japanese business...

Eurozone industrial output bounces back sharply 14 Aug 2013 - 12:20 am

BRUSSELS: A sharp rebound in eurozone industrial output for June is another pointer that the single currency bloc is finally edging out of...

QE index to stay stable, say analysts 13 Aug 2013 - 12:17 am

DOHA: Stock analysts and corporate circles do not expect a major correction to take place on the Qatari bourse at least over the...

Wind power storage woes 13 Aug 2013 - 12:16 am

Wind turbines are seen in the distance, blackened by the Silver Fire near Banning, California. California, whose green ambitions helped spawn the solar...

Brent crude falls below $108 13 Aug 2013 - 12:16 am

LONDON: Brent crude oil dropped below $108 per barrel yesterday after a sharp rally in the previous session as investors awaited US data...

MSCI upgrade to bring more funds to Qatar 13 Aug 2013 - 12:15 am

DOHA: Inclusion of Qatar in the MSCI Emerging markets index would aid in inflow of institutional money into the country’s capital market, Kuwait...

New Economic Zones to spur non-hydrocarbon growth in Qatar 13 Aug 2013 - 12:15 am

DOHA: Qatar’s ongoing policy to diversify its economy into non-hydrocarbon sector is expected to get a huge boost with the opening of three...

GCC inflation rates accelerate: QNB Group 13 Aug 2013 - 12:15 am

Doha: Consumer Price Index (CPI) inflation in the GCC has accelerated since mid-2012, although, at 2.9 percent in May 2013, it remains well...

Gold climbs for fourth day 13 Aug 2013 - 12:14 am

LONDON: Gold climbed to its highest in nearly two weeks on Monday, shrugging off dollar strength, as US economic data pointed to sluggish...

Deutsche, HSBC tussle with Saudi Telecom on $1.2bn loan 13 Aug 2013 - 12:14 am

DUBAI: Lenders including Deutsche Bank, HSBC and China Development Bank are resisting calls by Saudi Telecom (STC) to restructure a loan that could...

India struggles to arrest rupee fall as industrial output shrinks 13 Aug 2013 - 12:13 am

NEW DELHI: India pledged yesterday to curtail some imports to narrow a record current account deficit and arrest a sliding currency as a...

Japan growth slows in Q2, adds to sales tax uncertainty 13 Aug 2013 - 12:12 am

A Japanese national flag at a port in Tokyo, Japan. According to data released by the government, the Japanese economy expanded from April...

Greek recession eases to 4.6pc 13 Aug 2013 - 12:11 am

People make transactions at ATM machines outside a bank branch in Athens yesterday. ATHENS: The Greek economy showed improvement in the second quarter...

Libya strikes hit oil export terminals 13 Aug 2013 - 12:10 am

TRIPOLI/LONDON: Striking security guards reimposed a two-week-old shutdown at Libya’s two biggest crude export terminals yesterday, hours after they had reopened, and more...

iPhone launch report lifts Apple shares 13 Aug 2013 - 12:10 am

NEW YORK CITY: Apple shares gained ground yesterday after a report saying the California tech giant was set to announce its next iPhone...

Steinway shares jump on expected bidding war 13 Aug 2013 - 12:07 am

NEW YORK CITY: Shares of Steinway Musical Instruments yesterday shot up after the 160-year-old piano maker announced it received a superior takeover offer...

Indonesia growth dips 12 Aug 2013 - 12:44 am

An aircraft prepares to land at the International Ngurah Rai Airport on Indonesia’s popular tourist island of Bali yesterday. Indonesian growth slipped below...

Investors gain in high-end US luxury homes 12 Aug 2013 - 12:34 am

A Tudor-style home is being renovated for resale in the Silver Lake neighbourhood of Los Angeles, California. LOS ANGELES: Jan Brzeski stands in...