Business

Developed countries see wages fall: ILO 08 Dec 2012 - 01:36 am

GENEVA: A sluggish global economy hit world wage growth hard last year, taking an especially harsh toll on workers in developed countries, who...

Laos ratifies WTO membership 08 Dec 2012 - 01:36 am

BANGKOK: Laos has ratified its membership of the World Trade Organisation, state media said yesterday, the latest step in the small Southeast Asian...

Last edition of FT Deutschland 08 Dec 2012 - 01:34 am

A journalist holds up a copy of the last edition of the German business daily Financial Times Deutschland in Berlin yesterday. Writing on...

European stocks mixed on US jobs data 08 Dec 2012 - 01:34 am

LONDON: Europe’s main stock markets posted mixed results yesterday, while the euro declined against the dollar as traders digested positive US monthly jobs...

Six Greek banks to take part in bond buyback 08 Dec 2012 - 01:33 am

ATHENS: Greece’s five biggest banks said they would take part in the country’s debt buyback, putting Athens on track to meet targets set...

UK economy on verge of shrinking again 08 Dec 2012 - 01:33 am

LONDON: British industrial production unexpectedly fell in October after factory output posted its biggest drop since June, reinforcing fears that the economy will...

Car powered by solar panels 07 Dec 2012 - 01:27 am

The CEO of the IT services company Atos, Thierry Breton (left), and French industrial group Bollore’s head Vincent Bollore pose next to a...

Italian SMEs scout for investments in Qatar 07 Dec 2012 - 01:26 am

BY MOHAMMAD SHOEB DOHA: The Italian Business Council of Qatar (IBQC) is set to become the Italian Chamber of Commerce of Qatar (ICCQ)....

Brent falls below $108 a barrel 07 Dec 2012 - 01:25 am

LONDON: Brent crude oil fell below $108 a barrel yesterday after comments by European Central bank President Mario Draghi raised the prospect of...

European stocks hold on to gains 07 Dec 2012 - 01:24 am

LONDON: European stock markets held on to gains but the euro turned sharply lower yeterday after the European Central Bank said a decision...

Egypt bourse index tumbles by 4.6pc 07 Dec 2012 - 01:23 am

DUBAI: Egypt’s bourse tumbled yesterday after clashes between political parties killed five, spooking regional investors, while other Gulf markets were lackluster. Worsening political...

Air passengers to rise by 28.5pc over next five years, says IATA 07 Dec 2012 - 01:22 am

GENEVA: Airline passenger numbers are set to rise by over a quarter in the coming years to hit 3.6 billion in 2016, with...

QE market capitalisation falls to QR456.8bn 07 Dec 2012 - 01:21 am

Doha: Qatar Exchange’s main index dropped 40.24 points (0.48 percent) last week when the bourse closed yesterday afternoon at 8,360.30 points. The trading...

Gulf LPG secures $200m QNB deal 06 Dec 2012 - 02:47 am

From left: Najeeb Al Sada, Member of the Board of Gulf LPG and President & CEO of Milaha Maritime & Logistics, a subsidiary...

Qatar Airways and Korean Air interested in Czech Airlines 06 Dec 2012 - 02:46 am

PRAGUE: The Czech government will decide on the privatisation of Czech Airlines (CSA) as early as April next year after weighing possible bids...

Britain faces more austerity pain 06 Dec 2012 - 02:46 am

LONDON: Finance minister George Osborne yesterday warned Britons that they faced an extra year of austerity measures and insisted that reversing his belt-tightening...

QICDRC hosts regional business courts meet 06 Dec 2012 - 02:43 am

Officials at the trilateral meeting in Doha yesterday. DOHA: A trilateral meeting between the Qatar International Court and Dispute Resolution Centre (QICDRC), the...

Key European stocks rise; euro dips to $1.3076 06 Dec 2012 - 02:36 am

LONDON: European stock markets rose yesterday, unruffled by grim news on the eurozone and British economies. London’s FTSE 100 index of leading companies...