Business

Amazon Fire on sale 28 Jul 2014 - 12:36 am

An AT&T worker helps a customer with information on the new Amazon Fire phone at an AT&T store in San Francisco, California. Amazon’s...

Nissan recalls 226,326 cars over faulty airbags 28 Jul 2014 - 12:35 am

An Infiniti G37 Coupe in New York. NEW YORK: Japanese carmaker Nissan said it was recalling 226,326 additional vehicles in the United States...

Investors eye US for growth amid EU gloom 28 Jul 2014 - 12:34 am

FRANKFURT: With the prospect of stiffer sanctions against Russia rattling confidence in Europe, investors will be looking to the United States and China...

Arabtec Q2 net profit up 11pc 28 Jul 2014 - 12:33 am

DUBAI: Arabtec, the construction company at the centre of Dubai’s stock market turmoil, reported an 11 percent rise in second-quarter profit yesterday, missing...

Polish LNG terminal seeks more money 28 Jul 2014 - 12:32 am

WARSAW: The consortium building Poland’s first liquefied natural gas (LNG) terminal is in talks to increase the amount it is being paid, but...

Batelco Q2 net profit slips on competition, one-off costs 28 Jul 2014 - 12:32 am

DUBAI: Bahrain Telecom-munications Co (Batelco) posted a 22.4 percent drop in second-quarter profit yesterday, according to calculations, hurt by continued intense competition in...

Goldman mortgage deal could reach $1.25bn 28 Jul 2014 - 12:31 am

NEW YORK: A deal to resolve a US regulator’s claims against Goldman Sachs Group Inc over mortgage-backed securities sold to Fannie Mae and...

Coal reserves offer no relief for India fuel crunch 28 Jul 2014 - 12:12 am

MUMBAI: India sits on one of the world’s biggest coal reserves, yet its power stations are starved of the fuel with some idle...

Kurdish oil nears Texas port despite US opposition 28 Jul 2014 - 12:11 am

HOUSTON: A tanker carrying crude oil from Iraqi Kurdistan is hours away from the Port of Galveston in Texas, according to ship tracking...

Scandal-hit China food firm withdrawing all products 28 Jul 2014 - 12:11 am

BEIJING: The parent company of a scandal-hit Chinese food supplier said it is withdrawing all products made by the subsidiary. Shanghai Husi Food...

MPHC’s H1 net profit touches QR899.4m 27 Jul 2014 - 03:54 am

DOHA: Mesaieed Petrochemical Holding Company (MPHC), a subsidiary of Qatar Petroleum and one of the region’s premier diversified petrochemical conglomerates, has recorded a...

Barwa Bank profit rises by 35pc 27 Jul 2014 - 02:23 am

Barwa Bank Group Chairman Sheikh Mohamad bin Hamad bin Jassim Al Thani and Acting Group Chief Executive Officer Khalid Al Subeai. DOHA: Barwa...

Al Khaliji picks Closir for better shareholder engagement 27 Jul 2014 - 02:19 am

DOHA: Al Khalij Commercial Bank QSC has announced its decision to associate with leading financial technology company Closir, becoming the first Qatari bank...

HSBC, Deutsche Bank in silver price-fix case 27 Jul 2014 - 02:18 am

NEW YORK: HSBC, Deutsche Bank and Canada’s Bank of Nova Scotia have been accused of conspiring to fix the price of silver in...

Aamal Company net profit up 30.6pc to QR169.9m in H1 27 Jul 2014 - 02:18 am

DOHA: Aamal Company yesterday announced its financials for the first six months ended June 30, 2014. The company reported a net of QR169.9m,...

US hoping to boost India trade ties 27 Jul 2014 - 02:17 am

WASHINGTON: The United States hopes to give a huge boost to its trade ties with India in an upcoming visit by US Secretary...

Disappointing corporate earnings 27 Jul 2014 - 02:16 am

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City yesterday. With poorer than expected earnings reports...

Caixabank second-quarter results 27 Jul 2014 - 02:15 am

Caixabank Chief Executive Gonzalo Gortazar stands before reporting second-quarter results at La Caixa headquarters in Barcelona, yesterday. Spain’s Caixabank said lending income continued...