Business

‘Banks should fight against financial crime’ 16 Oct 2014 - 01:11 am

Doha Bank Group CEO Seetharaman speaking at the fifith US-Mena Private Sector Dialogue on correspondent banking at BNY Mellon, New York. DOHA: The...

Ukrainian workers protest 16 Oct 2014 - 01:11 am

Members of Ukrainian trade unions attend a mass rally in Kiev yesterday against government policies of budget expenditure restriction amid the financial crisis...

Tallest residential skyscraper in US 16 Oct 2014 - 01:10 am

A view of New York City to the north from the 75th floor of 432 Park Avenue yesterday, a day after it earned...

Lufthansa unit to strike today 16 Oct 2014 - 01:09 am

Lufthansa aeroplanes at Munich’s airport. German pilots at Lufthansa’s low-cost unit Germanwings are to go on strike today as a dispute over an...

Lockheed makes breakthrough in new fusion energy project 16 Oct 2014 - 12:52 am

WASHINGTON: Lockheed Martin Corp said yesterday it had made a technological breakthrough in developing a power source based on nuclear fusion, and the...

Blackstone, investors buy stake in GEMS Education 16 Oct 2014 - 12:51 am

DUBAI: Dubai’s Fajr Capital said that it led a group including Blackstone and Bahrain sovereign fund Mumtalakat in acquiring a “significant minority stake”...

Barwa Real Estate to liquidate four subsidiaries 16 Oct 2014 - 12:51 am

DOHA:Barwa Real Estate Group yesterday announced that it intends to liquidate its four local subsidiaries, based on a decision by its board of...

Oil prices hit new depths on oversupply 16 Oct 2014 - 12:50 am

LONDON: Oil prices reached new multi-year low points yesterday owing to a supply glut and weak global demand, before clawing back some ground...

Tata in talks to sell UK steel plants to Swiss group Klesch 16 Oct 2014 - 12:50 am

MUMBAI/LONDON: India’s Tata Steel Ltd is in talks to sell loss-making European operations including mills in northern England and Scotland to Geneva-based Klesch...

Drop in oil prices not to impact Qatar: Minister 16 Oct 2014 - 12:49 am

DOHA: The drop in Global oil prices is not going to affect Qatar’s proposed development projects. The market fluctuations will have neither short-term...

Bankers’ allowances breach bonus rule: EU 16 Oct 2014 - 12:49 am

LONDON: New types of allowance paid to bankers are nearly all in breach of the European Union’s cap on bonuses and must be...

China inflation slips to near five-year low 16 Oct 2014 - 12:49 am

BEIJING: China’s consumer inflation slowed more than expected in September to a near five-year low, adding to concerns that global growth is cooling...

Qatar bourse index falls by 182.09 points 16 Oct 2014 - 12:48 am

Doha: Qatar Exchange (QE) index fell 182.09 points yesterday when trading closed at 13,329.02 points. Trading volume increased to 9,748,287 shares from 5,421...

A350 cleared to fly record distance on one engine 16 Oct 2014 - 12:48 am

PARIS/NEW YORK: Airbus has won permission for its twin-engined A350 to fly more than six hours on one engine in the event of...

South Africa outlines oil exploration plans 16 Oct 2014 - 12:47 am

JOHANNESBURG: South African President Jacob Zuma outlined ambitious plans yesterday for oil and gas exploration in coastal waters that he said could contain...

Norsk Hydro customers want ‘green’ aluminium 16 Oct 2014 - 12:45 am

OSLO: Some major customers of Norwegian aluminium maker Norsk Hydro want it to certify metal made with clean hydro power to help a...

IEA cuts oil demand outlook, prices to fall further 15 Oct 2014 - 06:55 am

LONDON: Demand for oil in 2015 will grow far slower than previously forecast as global economies remain weak, the International Energy Agency said...

Qatalum takes part in Dusseldorf event 15 Oct 2014 - 06:54 am

Officials at the Aluminium 2014 event in Dusseldorf. DOHA: Qatalum has participated in the just-concluded “Aluminium 2014” at the 10th World Trade Fair...