Business

MIPCOM in Cannes 15 Oct 2014 - 06:53 am

People visit the MIPCOM in Cannes, southeastern France, yesterday. Held each year on the French Riviera, the audiovisual trade fair brings together the...

Ford to add jobs 15 Oct 2014 - 06:51 am

Ford Motor President of the Americas Joseph Hinrichs with a new 2015 F-150 pick-up truck following a press conference at the Rouge Plant...

Darwin waters down Etihad deal 15 Oct 2014 - 06:50 am

Chief Commercial Officer Christian Schneider of Etihad Regional airline with CEO Maurizio Merlo (right) at a news conference in Zurich yesterday. Etihad Airways,...

Oil rout unrelenting, Brent falls 3pc to under $87 15 Oct 2014 - 06:49 am

NEW YORK: Global oil prices plunged further yesterday, with Brent crude falling almost 3 percent to another post-2010 low after the West’s energy...

Gold retreats from 4-week high 15 Oct 2014 - 06:49 am

NEW YORK: Gold fell yesterday as sharply lower crude oil prices and a dollar rebound prompted the bullion market to take a breather...

Iran ready to live with lower oil prices 15 Oct 2014 - 06:47 am

LONDON: Iran, in a change of tack, is saying it can live with lower oil prices, moving closer to the views of Saudi...

Islamic Bank of Britain appoints CCO 15 Oct 2014 - 06:47 am

Doha: Islamic Bank of Britain Plc (IBB), the UK’s only wholly Shariah-compliant retail bank, announced the appointment of Keith Leach to the newly...

Qatargas announces successful PMP start 15 Oct 2014 - 06:46 am

DOHA: Qatargas has announced the successful start-up of the Plateau Maintenance Project (PMP). The objective of the project is to ensure the production...

Egypt imposes tariffs to protect steel sector 15 Oct 2014 - 06:45 am

CAIRO: Egypt has imposed temporary tariffs to protect domestic steel rebar manufacturers from cheap foreign imports amid a long-running local energy crunch that...

Masraf Al Rayan’s call for shareholders 15 Oct 2014 - 06:45 am

Doha: On its quest to protect the interest of shareholders who have not received their dividend payments, and in compliance with the instructions...

Global wealth soars to $263 trillion 15 Oct 2014 - 06:44 am

GENEVA: Global wealth skyrocketed 8.3 percent over the past year to a record $263 trillion, but the distribution of the riches has also...

Indonesia GDP to fall to 4.5pc in 2015: QNB 15 Oct 2014 - 06:43 am

Doha: The real GDP growth of Indonesia is to slow further from 5.1 percent in 2014 to 4.5 percent in 2015 as the...

British inflation slows to five-year low 15 Oct 2014 - 06:43 am

LONDON: Britain’s inflation slowed to a five-year low in September, official data showed yesterday, dimming prospects of a hike to British interest rates...

DLF faces tough choices after fund-raising ban 15 Oct 2014 - 06:42 am

NEW DELHI/MUMBAI: DLF Ltd will be forced to sell assets, even unfinished projects, to meet debt obligations, say bankers, after India’s biggest property...

India wholesale inflation tumbles to 5-year low 15 Oct 2014 - 06:42 am

NEW DELHI: India posted better inflation data for a second straight day yesterday, stirring hopes it is making headway in taming prices and...

Citi profits up as it exits 11 consumer bank markets 15 Oct 2014 - 06:42 am

NEW YORK: Citigroup yesterday reported higher third-quarter quarterly earnings on a big jump in revenues as it unveiled plans to exit consumer banking...

Islamic banks in Qatar continue to grow faster 14 Oct 2014 - 12:23 am

DOHA: The Islamic banks in Qatar will continue to grow faster than their conventional peers in the next couple of years. The credit...

Qatar bourse to review index model 14 Oct 2014 - 12:22 am

DOHA: The Qatar Exchange (QE) will review its existing index methodology applied to QE indices. In case the bourse decides to restructure the...