Business

MUMBAI: India is considering a radical plan to direct commercial banks to buy gold from ordinary citizens and divert it to precious metal...

LONDON: Vodafone is in talks on a possible sale of its stake in US joint-venture Verizon Wireless said to be worth more than...

The Minister of Energy and Industry H E Dr Mohammed bin Saleh Al Sada (forth right), Prime Minister of Japan Shinzo Abe (fifth...

DOHA: The visiting Japanese Premier, Shinzo Abe yesterday urged Qatar to lift import restrictions on Japanese food and fruits here at the opening...

DOHA: The problems that are pushing the Indian currency down are of India’s own making and the Indian government is wrongly blaming external...

DOHA: Qatar’s foreign trade surplus widened to QR32.1bn in June 2013. The figure shows an increase of QR0.6bn, up two percent compared to...

Guests listening to Ambassador Dato Ahmad Jazri bin Mohd Johar (inset) during a presentation on 4th Global Entrepreneurship Summit 2013 of Malaysia in...

LONDON: Britain’s eight top lenders can cut their cash reserves by a collective £90bn ($140bn) and use the funds to support economic growth,...

KIEV: Ukraine’s prime minister, seeking to ward off Russian pressure, urged Moscow yesterday to accept his country’s drive towards a new trade relationship...

YANGON: Myanmar’s parliament has passed a telecoms bill paving the way for licensed international firms to operate, state media said yesterday, in the...

LONDON: Irish no-frills airline Ryanair must slash its almost 30-percent stake in rival Aer Lingus on grounds of unfair competition, a British watchdog...

Employees spray water to cool down oil tanks at a storage facility, which belongs to one of China’s biggest state-owned firms PetroChina oil,...

Doha: Even with the Middle East’s fertilizer capacity expected to grow to 50.4 million tonnes by 2016, global developments in the petrochemical sector...

DOHA: On the back of an extended selling pressure Qatar Exchange (QE) declined  223.68 points or 2.29 percent to 9,547.73 points yesterday. All...

  LONDON: Iraq expects exports of crude from its southern terminals to fall in September due to maintenance, according to a preliminary loading schedule,...

  CAIRO: The Egyptian pound  strengthened on both the official and black markets yesterday as concerns the country faced sustained instability eased further, traders...

MUMBAI/NEW DELHI: India’s rupee hit a record low and posted its biggest percentage fall in 18 years yesterday as parliament’s approval of a...

NEW YORK: Brent crude jumped to a six-month high near $114 a barrel yesterday amid reports that Western powers were readying a military...