Business

Saudi likely to keep oil output steady 26 Sep 2014 - 08:13 am

DUBAI: Saudi Arabia is likely to keep its oil output steady throughout the rest of the year as world oil consumption is expected...

Apple to fix bug in iPhone software update 26 Sep 2014 - 08:12 am

WASHINGTON: Apple yesterday acknowledged a bug in its iPhone software update that caused users to lose cellular service, offering a temporary fix and...

Facebook set to win EU nod for $19bn WhatsApp bid 26 Sep 2014 - 08:12 am

BRUSSELS: Facebook, the world’s leading social network, will win unconditional EU approval for its $19bn offer for mobile messaging startup WhatsApp in a...

Rosneft may back out of Morgan Stanley oil deal 26 Sep 2014 - 08:12 am

LONDON: Rosneft, Russia’s biggest crude oil producer, may back out of a deal to buy Morgan Stanley ‘s oil trading unit because Western...

After sukuk, Japan’s BTMU to offer Islamic ringgit loans 26 Sep 2014 - 08:11 am

KUALA LUMPUR: Bank of Tokyo-Mitsubishi UFJ (BTMU), Japan’s largest lender, hopes to secure a licence for its Malaysian unit to expand operations by...

BlackBerry launches square-screen Passport phone in turnaround push 25 Sep 2014 - 08:26 am

TORONTO: BlackBerry Ltd’s unconventional square-screened smartphone, the Passport, earned mixed reviews at its launch yesterday as the company’s turnaround push moved into a...

QE includes Ezdan Holding in three key indicators 25 Sep 2014 - 08:26 am

DOHA: Real estate major Ezdan Holding Group yesterday said Qatar Exchange’s decision to include the group in the bourse’s three key indicators reflects...

Gulf Air wins award 25 Sep 2014 - 08:25 am

Gulf Air, the national carrier of the Kingdom of Bahrain, was recently honoured at this year’s Airline Passenger Experience Association (APEX) Passenger Choice...

Growth concerns in China 25 Sep 2014 - 08:24 am

A worker of an Industrial and Commercial Bank of China Ltd (ICBC) branch counts money as she serves a customer in the China...

Qatar stocks close lower 25 Sep 2014 - 08:23 am

Doha: Qatar Exchange index declined by 74.16 points, or 0.53 percent, when trading closed yesterday at 13,932.30 points. The trading value fell to...

QCB Governor meets Chinese counterpart 25 Sep 2014 - 08:17 am

Beijing: H E Governor of Qatar Central Bank (QCB) Sheikh Abdullah bin Saud Al Thani met Governor of People’s Bank of China (China’s...

Samsung unveils Note 4 ‘phablet’ 25 Sep 2014 - 08:16 am

SEOUL: South Korea’s Samsung launched the latest version of its oversized Galaxy Note smartphone earlier than expected yesterday after US rival Apple reported...

EU eyes Iran gas imports if sanctions go 25 Sep 2014 - 08:16 am

LONDON: The European Union is quietly increasing the urgency of a plan to import natural gas from Iran, as relations with Tehran thaw...

Oil would hit $150 without US shale: EIA 25 Sep 2014 - 08:16 am

DICKINSON: Crude oil would cost at least $150 a barrel due to supply disruptions in the Middle East and North Africa were it...

Al khaliji gets Bank of the Year 2014 award 25 Sep 2014 - 08:15 am

Doha: Al Khalij Commercial Bank (al khaliji) QSC has been announced as the “Bank of the Year 2014 in Qatar”, by the Arabian...

Starbucks to buy Japan unit for $900m 25 Sep 2014 - 08:15 am

TOKYO: Starbucks is to take full ownership of its Japanese operations at a cost of more than $900m, a move which the company...

Saudi GDP growth falls to 3.8pc in Q2 25 Sep 2014 - 08:14 am

DUBAI: Saudi Arabia’s economic growth eased to an annual 3.8 percent in the second quarter of 2014, the lowest rate in a year,...

GM expects record 2014 sales in China 25 Sep 2014 - 08:13 am

SHANGHAI: US auto giant General Motors (GM) expects to sell a record number of cars in China — its biggest market — this...