Business

DOHA: Qatar’s trade balance showed a surplus of QR33.2bn, an increase of QR0.3bn or 0.8 percent in July 2014 on year-on-year basis. In...

A man moves a bicycle loaded with plastic boxes as he passes a woman cleaning the street in Guangzhou, Guangdong province, yesterday. Any...

  Young employees of the Ustream start-up company work on their computers at their headquarters in Budapest yesterday. Availability of capital, well-trained engineers and...

MILAN: Italy will struggle to stay warm this winter if Russia’s conflict with Ukraine disrupts gas supplies and Libya veers towards collapse, putting...

MOSCOW: The Russian government has approved injecting 239bn rubles ($6.6bn) into two of the country’s largest, state-controlled banks that have been hit with...

DUBAI: Saudi Arabia’s bourse, encouraged by the prospect of opening up to direct foreign investment, resumed its uptrend yesterday on the back of...

BEIJING:  Microsoft Corp’s Windows web browser and media player are being targeted in a Chinese antitrust probe, raising the prospect of China revisiting...

A woman walks past Portuguese Novo Banco (New Bank) banners at its headquarters office in Lisbon yesterday. The banners read, “To be born...

An employee of US printing firm RR Donnelley holds a banner that reads “Pay our wages now” outside a court building in Buenos...

  SOFIA: A Bulgarian court has ordered the seizure of property belonging to the main owner of troubled Corporate Commercial Bank (Corpbank), a central...

NEW DELHI: India’s anti-trust watchdog has fined 14 automakers a total of $420m for restricting competition in the spare parts market and driving...

ISTANBUL: Turkish assets firmed yesterday one day before the central bank in Ankara holds an interest-rate-setting meeting and with investors expecting the European...

NEW DELHI: Indian e-commerce site Snapdeal said yesterday it would sell real-estate online, partnering with the Tata conglomerate to supply “affordable housing” in...

A Best Buy store in Westminster, Colorado. The largest US speciality retailer of consumer electronics, reported lower-than-expected quarterly revenue for the third straight...

People walk near an office of Portuguese bank Banco Espirito Santo (BES) in downtown Lisbon yesterday. Espirito Santo family issued $6.6bn of new...

COPENHAGEN: Denmark’s government yesterday unveiled a budget proposal which would raise deficit spending, prompting allegations from the opposition that it was pandering to...

DUBAI: Standard Chartered is aiming to sell part of its business in the United Arab Emirates (UAE) after it agreed to close some...

BUDAPEST: Hungary’s central bank left its benchmark interest rate on hold at a record low 2.1 percent yesterday in line with its guidance...