Business

NEW DELHI: Car sales in India slid by over 12 percent in May, data showed yesterday, marking an unprecedented seventh straight month of...

Doha: Qatar Exchange index slipped 18.37 points or 0.20 percent yesterday to 9,354.50 points from the previous closing of 9,372.87 points.  The volume...

MUMBAI: Shares in India’s ICICI, Axis and HDFC banks fell yesterday after the central bank found them guilty of violating guidelines relating to...

KHARTOUM: Sudan’s currency has fallen close to a record low against the dollar on the black market since Khartoum threatened to halt cross-border...

  DUBAI: Dubai’s ruler yesterday pressed for the Gulf emirate to be given the right to host the 2020 Universal Exposition, as the Paris-based...

  DUBAI: Economic Zones World (EZW), a unit of government-owned conglomerate Dubai World, has sold its British-based logistics firm Gazeley to Brookfield Asset Management,...

DOHA: Qatar’s leading Islamic financial institution Qatar Islamic Bank (QIB) has been awarded the title of “Islamic Bank of the Year, Qatar 2013”...

    JUBA: South Sudan continues to pump oil to Sudan despite a threat from its neighbour to stop cross-border flows in a row over...

Prime Minister David Cameron arrives at the top of a 138-metre-high crane at the new London Gateway container port, which is under construction...

DOHA: As the index compiler Morgan Stanley Capital International (MSCI) is set to announce the   results of its market classification review of Qatar...

SAN FRANCISCO: Apple is throwing out most of the real-world graphical cues from its iPhone and iPad software, like the casino-green “felt” of...

MUMBAI: India’s rupee slid to a record low against the dollar yesterday as dealers moved into the US currency following robust US jobs...

NEW YORK/LONDON: Oil pared losses yesterday but was still trading lower as the dollar slid off its session high and as weak data...

KUALA LUMPUR: Malaysian long-haul carrier AirAsia X said yesterday it plans use cash from a public listing worth up to $418m to more...

DOHA: The First Investor QSCC (TFI) and Hines yesterday announced the closing of a JP Morgan-led bank syndication to provide construction financing for...

DUBAI: Standard Chartered plans to expand its transaction banking business to capture global trade flows that are increasingly shifting east, a senior executive...

BRUSSELS: Delta Air Lines is expected to secure unconditional European regulatory approval to buy a 49 percent stake in Virgin Atlantic, allowing it...

  DUBAI: Bahrain has picked four banks to arrange investor meetings ahead of a potential sovereign bond issue, a document from lead managers said...