Business

US expands China hiring probe to Morgan Stanley 28 Nov 2013 - 08:49 am

Washington: The US Justice Department is probing Morgan Stanley for its hiring practices in China, according to a person familiar with the matter....

India looking at more Iranian oil in next 4 months 28 Nov 2013 - 08:48 am

NEW DELHI: India could buy more crude from Iran in the next four months and intends to increase purchases further in the next...

Greece to stay in recession next year, says OECD 28 Nov 2013 - 08:48 am

ATHENS: Greece will remain mired in recession in 2014 for a seventh straight year, and is likely to need more financial assistance, the...

GCC to set up integrated logistics firm 28 Nov 2013 - 06:46 am

BY MOHAMMAD SHOEB DOHA: The Gulf Cooperation Council (GCC) is gearing up to establish an integrated logistics company for speedier and hassle-free transportation...

All-New Genesis debuts 27 Nov 2013 - 07:23 am

South Korean models pose with Hyundai Motors’ new luxury sedan, the All-New Genesis, during a photo opportunity before its unveiling in Seoul yesterday....

German steel production to pick up 27 Nov 2013 - 07:20 am

A worker controlling a tapping of a blast furnace at Europe’s largest steel factory of Germany’s industrial conglomerate ThyssenKrupp AG in Duisburg. The...

UDC appoints acting CEO 27 Nov 2013 - 07:19 am

DOHA: United Development Company (UDC), one of Qatar’s major publicly traded shareholding companies, has appointed Badr Al Meer (pictured) as its Acting Chief...

HSBC begins Mideast roadshow 27 Nov 2013 - 07:16 am

HSBC officials during the roadshow. Doha: More than 170 people gathered in Doha for the start of HSBC’s 16th Middle East Economics Roadshow....

Protest against energy power 27 Nov 2013 - 07:15 am

Demonstrators march to the headquarters of energy company Npower during a protest against energy prices in London yesterday. German utility RWE has scrapped...

UBL expands reach, supports local business: Group executive 27 Nov 2013 - 07:14 am

Wajahat Husain giving a speech during the annual dinner at Sharq Village and Spa. (Shaival Dalal) Doha: United Bank Limited (UBL) has taken...

Turkish lira slips 27 Nov 2013 - 07:12 am

People withdraw money from ATMs in Istanbul yesterday. The Turkish lira slipped yesterday as oil prices made up some of the ground lost...

Zurich railway tunnel 27 Nov 2013 - 07:11 am

Workers at the construction site of the new Weinbergtunnel railway tunnel in Zurich yesterday. Swiss rail operator SBB will start to use the...

Hospitality firm Al Hokair plans to list on Riyadh bourse 27 Nov 2013 - 07:09 am

DUBAI: Saudi Arabia’s Al Hokair Group, one of the largest entertainment and hospitality firms in the Middle East, is planning to list on...

Deal failure overshadows WTO summit 27 Nov 2013 - 07:08 am

GENEVA: Negotiators have failed to fix a deal for a crunch summit next week, casting a shadow over efforts to revive stalled talks...

Annual Middle East Cooling Summit kicks off in Doha 27 Nov 2013 - 07:08 am

Doha: Under the patronage of H E Dr Mohammed bin Saleh Al Sada, the Minister of Energy & Industry and Chairman & Managing...

Ooredoo prices $1.25bn sukuk issuance 27 Nov 2013 - 07:07 am

DOHA: Ooredoo yesterday announced the successful pricing of the inaugural $1.25bn issuance (sukuk) under its recently established $2bn Trust Certificate Programme which was...

Lukoil to launch West Qurna-2 field by April 27 Nov 2013 - 07:07 am

MOSCOW: Lukoil, Russia’s second largest oil producer, will launch its West Qurna-2 field in Iraq by the end of March or April next...

Dubai to issue new sukuk standards soon 27 Nov 2013 - 07:06 am

DUBAI: Dubai expects to publish in one or two weeks new standards for issuing and trading Islamic bonds, which it hopes will become...