Business

Toyota sells over 350,000 in Mideast in first half 03 Sep 2014 - 11:28 pm

Doha: Toyota yesterday announced a steady growth in sales in the Middle East (GCC, Yemen, Lebanon, Jordan and Iraq) selling 356,805 units in...

Two new officials appointed at Barwa Bank 02 Sep 2014 - 11:06 pm

DOHA: Barwa Bank yesterday announced the appointment of Abdulla Majed Al Malki as Group Chief Administrative Officer and Abdulaziz Sultan Al Kuwari as...

Qatar Exchange index gains 42.71 points 02 Sep 2014 - 11:03 pm

Doha: Qatar Exchange index gained 42.71 points, or 0.31 percent, when the bourse closed trading at 13,742.22 points yesterday. The trading value increased...

Q-Chem, Gasal in deal for RLOC nitrogen supply 02 Sep 2014 - 11:00 pm

A Q-Chem employee inspecting a pipeline network. DOHA: Qatar Chemical Company (Q-Chem) and Gasal have signed a long-term pipeline network agreement, a strategic...

Spain jobless rate creeps back after summer boost 02 Sep 2014 - 10:58 pm

People wait to enter a government-run employment office in Madrid yesterday. MADRID: Spain’s jobless queue lengthened slightly in August as the summer hiring...

Cavern storage in Singapore 02 Sep 2014 - 10:57 pm

Visitors tour one of two completed caverns at the Jurong Rock Caverns in Singapore yesterday. The Caverns, the first commercial underground facility for...

Slovakia opens pipeline to Ukraine 02 Sep 2014 - 10:56 pm

A security worker checks pipelines at a gas compressor station on the Slovakia-Ukraine border in Velke Kapusany yesterday. VELKE KAPUSANY, Slovakia: Slovakia opened...

Vale, Glencore break off talks over Canada nickel deal 02 Sep 2014 - 10:55 pm

LONDON: Vale and Glencore have broken off talks over combining their nickel assets in Canada in a deal that could have produced over...

QP District project completes 20m man hours without lost time incident 02 Sep 2014 - 10:55 pm

DOHA: QPM, the Project Management Company for the QP District project, said yesterday that the project completed another milestone of 20m man hours...

Gold falls to weakest in two-and-a-half months 02 Sep 2014 - 10:54 pm

LONDON: Gold fell to its weakest in 2-1/2 months yesterday, breaking through key support at August lows as stock markets steadied and the...

Gazprom starts mega pipeline to China 02 Sep 2014 - 10:50 pm

US KHATYN, Russia: President Vladimir Putin oversaw the start of construction on a giant pipeline that is due to ship $400bn worth of...

Clearance for Etihad, Alitalia deal likely by year-end 02 Sep 2014 - 10:49 pm

BRUSSELS: Italian airline Alitalia and Etihad Airways are expected to win EU regulatory clearance for their tie-up by the end of the year...

Demand fears push oil price to 15-month low 02 Sep 2014 - 10:49 pm

NEW YORK: Brent crude oil futures fell to the lowest level in 15 months yesterday, pressured by the prospect of slowing oil demand...

NYSE dips 02 Sep 2014 - 10:46 pm

Traders work on the floor of the New York Stock Exchange yesterday. In morning trading after the holiday weekend, the Dow was down...

Rouble down 02 Sep 2014 - 10:46 pm

An employee of a bank counts rouble banknotes in Moscow yesterday. Russian assets fell on Monday, with the rouble hitting a fresh record...

Ukraine may need bigger bailout: IMF 02 Sep 2014 - 10:45 pm

WASHINGTON: Ukraine may need as much as $19bn in additional funds from donors if its conflict with pro-Russian separatists continues during 2015, the...

Indian shares hit new highs 02 Sep 2014 - 10:45 pm

MUMBAI: Indian shares swept past the 27,000-point mark yesterday, a record high buoyed by investor hopes that the country will see stronger economic...

Gasunie to boost gas storage capacity as demand rises 02 Sep 2014 - 10:44 pm

AMSTERDAM: Dutch gas company Gasunie will expand capacity at its northern, underground storage facility as strong demand for space drove up prices at...