Business

DealBroker, Gulf Air unveil new travel packages 03 Dec 2014 - 01:05 am

Doha: Gulf Air, the Kingdom of Bahrain’s national carrier, launched a new service as part of its strategic partnership with DealBroker, a travel...

QBIC to select startup winners on Demo Day 03 Dec 2014 - 01:05 am

Doha: The Qatar Business Incubation Center (QBIC), founded by Qatar Development Bank (QDB) and Social Development Center (SDC), announces Demo Day, which is...

Qatar bourse index drops 98.58 points 03 Dec 2014 - 01:02 am

Doha: Qatar Exchange index dropped 98.58 points or 0.77 percent yesterday when the bourse closed trading at 12,756.98 points. Indices of major sectors...

Iraq govt, Kurds strike deal on budget, oil 03 Dec 2014 - 01:01 am

BAGHDAD: Iraq’s government and the autonomous Kurdish region announced yesterday an agreement resolving their longstanding disputes over the budget and oil exports, boosting...

Gold slips lower as dollar strengthens 03 Dec 2014 - 01:01 am

LONDON: Gold slipped lower yesterdy as a strong dollar and signals that the US economy is benefiting from a decline in oil prices...

North American airline earnings to rise 73pc 03 Dec 2014 - 01:01 am

DALLAS: North American airline earnings will climb 73 percent to $19bn in 2015, bolstered by lower jet fuel costs, a Bank of America...

Aviva agrees to $8.8bn Friends takeover terms 02 Dec 2014 - 11:22 pm

Caption LONDON: British insurer Aviva agreed terms yesterday for a £5.6bn ($8.8bn) all-share takeover of rival Friends Life, responding to pressures caused by...

Annual World Islamic Banking Conference 02 Dec 2014 - 11:19 pm

Islamic Financial Services Board Secretary-General Jaseem Ahmed (left) and UK Former Senior Minister & Minister for Faith & Communities Baroness Sayeeda Warsi attend...

Indonesia to boost reserves, refineries in oil reforms 02 Dec 2014 - 11:17 pm

JAKARTA: Indonesia’s new administration plans a major expansion of oil storage and will construct more refineries as part of sweeping energy reforms that...

US construction spending posts gain in October 02 Dec 2014 - 11:16 pm

WASHINGTON: US construction spending rose more than expected in October as both private and public outlays increased, which could ease concerns of a...

JLR reaches new UK pay deal with union 02 Dec 2014 - 11:16 pm

LONDON: British luxury carmaker Jaguar Land Rover said yesterday it has reached a deal over pay and pensions with union representatives after revising...

Luxembourg regulator to approve China stock link soon 02 Dec 2014 - 11:15 pm

HONG KONG: Europe’s main funds regulator has introduced a fast-track procedure for approving mutual funds that wish to participate in a landmark Hong...

No reason for ‘excessive worries’ on price dip 02 Dec 2014 - 01:22 am

By Satish Kanady DOHA: Given the current supply-demand dynamics for oil, Brent is expected to stabilise between $80-90 per barrel in the near...

Oil jumps 3pc after hitting five-year low 02 Dec 2014 - 01:20 am

NEW YORK: Crude markets jumped about 3 percent yesterday, rebounding from five-year lows and heading for their biggest daily gain since at least...

Preparing for Christmas rush 02 Dec 2014 - 01:17 am

Workers unpack goods at an Amazon Fulfillment Center, ahead of the Christmas rush, in Tracy, California.

Honda unveils hybrid Grace 02 Dec 2014 - 01:16 am

An employee of Japanese auto giant Honda Motor wipes water off the company’s new hybrid sedan “Grace” after a presentation at the company’s...

French bosses take to streets against taxes 02 Dec 2014 - 01:14 am

Locks and chains are held by people the protest march by the heads of small and mid-size French companies in Paris yesterday. PARIS:...

QNB is QIBWF’s official banking partner 02 Dec 2014 - 01:13 am

Aisha Alfardan and Raed Chehaib. DOHA: Qatar National Bank (QNB), the country’s largest lender, has extended its support to be the “Official Banking...