Business

ZURICH: Switzerland should be ready to share data on foreign depositors with the European Union even before a global standard is established, a...

TOULOUSE: Europe’s newest jetliner, the Airbus A350, successfully completed its maiden flight yesterday, stepping up the battle with arch-rival Boeing for sales of...

PARIS: Qatar-backed telecom group Ooredoo has withdrawn its bid for Vivendi’s 53 percent stake in Maroc Telecom, leaving rival Gulf operator Etisalat as...

WASHINGTON: The IMF cut its US growth forecast for 2014 to 2.7 percent yesterday, saying the economy is being held back by “excessively...

PARIS: Moody’s credit rating agency put debt issued by Bahrain on watch yesterday, warning of a possible downgrade because the country could face...

NEW DELHI: Indian authorities yesterday delayed approval of a plan by Abu Dhabi-based airline Etihad to acquire a stake in Jet Airways, as...

NEW YORK/LONDON: Brent crude rose and US oil struck a nine-month high yesterday after news that the United States had authorised sending US...

Traders work at their desks in front of the DAX board at the Frankfurt Stock Exchange yesterday. LONDON: Europe’s top stock markets managed...

TOKYO: A toy helicopter created from cannibalised smartphones was among the main attractions at a huge toy show in Tokyo yesterday, where producers...

SINGAPORE: Singapore yesterday censured 20 banks, including top global lenders, over attempts to manipulate local benchmark rates — part of a widening rate-rigging...

TUNIS: Tunisia has won $1.2bn in funding from the Saudi-based Islamic Development Bank (IDB), aimed at backing industrial, agricultural and trade projects in...

LONDON/HAMBURG: Iran has ramped up its campaign to import wheat, buying more than 800,000 tonnes in two weeks in what some traders said...

A TV cameraman films a stock market indicator board in Tokyo yesterday. LONDON/TOKYO: Europe’s main stock markets rode out a roller-coaster session following...

DOHA: Qatar Exchange gained 189.47 points or 2.04 percent last week to close at 9,479.80 points. Trading value increased by 65.21 percent to...

DOHA: United Development Company (UDC), master developer of The Pearl-Qatar, announced yesterday its intention to sign a loan agreement facility with Qatar National...

  DUBAI: Bank of America Merrill Lynch raised its assessment of Qatar’s stock market to overweight from neutral, and cut the United Arab Emirates...

LONDON: Global oil prices rebounded gently yesterday, reversing earlier losses on the back of improving economic data in top crude consumer the United...

Officials pose for a group picture. DOHA: Qatar German Pipes Company (QGPC), a subsidiary of Al Sulaiteen Group of Companies, for the first...