Business

Commercial Bank’s new mobile banking app a major hit 24 Nov 2013 - 10:49 am

DOHA: Commercial Bank’s recently launched mobile banking application has become a hit with customers with its improved digital banking experience and cutting edge...

German minister says no more risks of contagion in eurozone 24 Nov 2013 - 10:48 am

BERLIN: German Finance Minister Wolfgang Schaeuble said yesterday that there were no longer any risks of contagion in the euro zone, and Greek...

Brazil awards $9bn airport deals 24 Nov 2013 - 10:48 am

SAO PAULO: Brazil opened two of its busiest airports to private investors on Friday, awarding $9bn worth of contracts in a hotly contested...

Leak halts Iraqi oilfield output, Turkey exports not affected 24 Nov 2013 - 10:47 am

KIRKUK: Oil production from a major oilfield near Iraq’s northern city of Kirkuk was completely halted yesterday after a pipeline leak, but exports...

Guangzhou motor show 23 Nov 2013 - 06:03 am

A site organiser walks by a Bugatti Veyron at the Guangzhou International Automobile Exhibition in Guangzhou, China, yesterday. Luxury car dealers are resorting...

Worst year for European refiners 23 Nov 2013 - 06:03 am

A general view of Austrian energy group OMV’s refinery in Schwechat. European refiners are battling to salvage what is poised to be one...

Up for sale 23 Nov 2013 - 06:00 am

A charged slab exiting one of three hot strip mill furnaces at the ThyssenKrupp Steel USA factory in Calvert, Alabama. ThyssenKrupp has been...

Russia House approves LNG export law 23 Nov 2013 - 05:59 am

MOSCOW: Russia’s lower house of parliament gave its final backing yesterday to amendments that would end Gazprom’s gas export monopoly by letting rival...

Plexus on verge of oil tech breakthrough 23 Nov 2013 - 05:58 am

LONDON: Oil equipment supplier Plexus is finalising a piece of subsea kit that should revolutionise production of oil and gas from reservoirs under...

Gulf carriers eye prize as Australia airlines duke it out 23 Nov 2013 - 05:58 am

SYDNEY: The bad-tempered battle between Virgin Australia Holdings Ltd and Qantas Airways Ltd over Australia’s skies is a proxy for increasingly tough regional...

Oil rises towards $111 as Iran talks drag on 23 Nov 2013 - 05:58 am

LONDON: Brent crude oil pushed towards $111 a barrel yesterday and was on track to end higher for the second week running, as...

South Korea to buy 40 Lockheed F-35s 23 Nov 2013 - 05:57 am

SEOUL: South Korea will buy 40 Lockheed Martin Corp F-35 stealth fighter jets, the country’s military chiefs decided yesterday, with the first delivery...

Gold set for big weekly loss 23 Nov 2013 - 05:57 am

LONDON: Gold headed for its sharpest weekly drop in more than two months yesterday as strong US economic data lifted uncertainty over the...

China set to overtake Japan in M&A deals 23 Nov 2013 - 05:56 am

HONG KONG: China is set to become Asia’s leader in outbound corporate acquisitions this year, ending Japan’s two-year reign, as the country’s appetite...

Reform package within days: WTO chief 23 Nov 2013 - 05:56 am

GENEVA: The World Trade Organisation may agree its first worldwide trade reform package before the end of the weekend, its director-general, Roberto Azevedo,...

Kurdish oil seen flowing through Turkish pipeline soon 23 Nov 2013 - 05:56 am

ISTANBUL: Iraqi Kurdistan’s oil exports may start flowing through its own pipeline via Turkey within weeks, and without necessarily agreeing payment protocol with...

Polish delegate visits QC 22 Nov 2013 - 06:22 am

The Vice Chairman of Qatar Chamber (QC), Mohammed bin Ahmed bin Towar Al Kuwari (third right), addressing a meeting with a Polish trade...

QE index gains 70.60 points this week 22 Nov 2013 - 06:21 am

Doha: Qatar Exchange index gained 70.60 points (0.69 percent) this week when the bourse closed at 10,283.00 points here last afternoon. The trading...