Business

  CHICAGO: Toyota led the pack with double digit gains yesterday demand for replacement vehicles following the devastating Hurricane Sandy boosted US auto sales...

LONDON: BP is raising investment and betting its future on oil over gas, as the slimmed-down British group fights to recover from the...

Doha: Qatar Exchange (QE) received recognition from the Middle East Investor Relations Society (ME-IR Society) for its contribution to the development of IR...

DOHA: “Offshore Middle East 2013” — a three-day conference and exhibition — organised by Offshore and hosted by Qatar Petroleum,  will be held...

FRANKFURT: The European Central Bank will lower its growth forecasts for the euro area at its last policy meeting of the year, but...

DUBAI: Dubai is back in the business of unveiling mega projects, three years after a severe financial crisis crippled its booming property sector,...

  Al KHOBAR: Saudi mining firm Maaden signed deals worth SR977m ($260m) with US firms Fluor Corp and Bechtel to help develop an industrial...

Doha: Construction of Barwa Commercial Avenue (BCA), the iconic mixed-use development which stretches over an impressive 8.5km in length, is well on track...

Doha/dubai: Qatar Exchange index dropped 41.88 points or 0.50 percent to reach 8,358.66 points from the previous closing of 8,400.54 points.  The volume...

KARASU, Turkey: Russia would be willing to increase its gas supplies to Turkey this winter if Ankara asked it to and an agreement...

  KUWAIT:  Shareholders in Kuwait’s Global Investment House have approved the delisting of the stock from the Kuwait bourse, nearly a year after firm’s...

  Al KHOBAR: Five international engineering firms have bid to build a 50,000 tonnes-per-year polyacetal plant at Ibn Sina, an affiliate of Saudi Basic...

This week, markets saw German retail sales weakness and German Bundestag approving the Greek bailout package, by 473 to 100. The outcome came...

Various exhaust pipes on display at the Essen Motor Show in Essen, Germany. Around 500 exhibitors from 14 countries are presenting their products...

SEOUL: In August, workers at Samsung Electronics in the South Korean city of Suwon swathed 60 next-generation televisions in bubble wrap and nailed...

PARIS: French Prime Minister Jean-Marc Ayrault announced a deal with steel giant ArcelorMittal on Friday which he said saved part of a massive...

Doha: Qatargas Operating Company Ltd (Qatargas) announced yesterday that it will deliver the first ever cargo of Liquefied Natural Gas (LNG) to Singapore...

Doha: Despite a recent agreement by the eurogroup and the IMF on releasing further assistance for Greece under its bailout programme, the outlook...