Business

China’s growth speeds up to 7.5pc in Q2 17 Jul 2014 - 05:43 am

BEIJING: China’s economic growth picked up slightly in the second quarter as a burst of government stimulus paid dividends, but analysts said Beijing...

BMW to double China models 17 Jul 2014 - 05:43 am

FRANKFURT: BMW said it will increase the number of models it builds in China from three to six in the coming years to...

BMW to recall 1.6m cars for air bag issues 17 Jul 2014 - 05:43 am

DETROIT/FRANKFURT: German automaker BMW said yesterday it is recalling about 1.6 million cars worldwide to replace passenger-side front airbags made by Takata Corp...

Ukraine hikes rate to highest level in decade 17 Jul 2014 - 05:42 am

KIEV: Ukraine’s central bank said yesterday it will raise its key lending rate by a hefty three percentage points to its highest level...

London gold market closer to reforms 17 Jul 2014 - 05:41 am

LONDON: London’s gold market moved a step closer to reform of a century-old method of setting the price of gold, authorities said yesterday....

Eurozone trade surplus higher in May 17 Jul 2014 - 05:41 am

BRUSSELS: Countries in the eurozone posted a €15.4bn ($20.9bn) trade surplus in May, official data showed yesterday, with export powerhouse Germany again leading...

US factory output surges in Q2, housing improving 17 Jul 2014 - 05:41 am

WASHINGTON: US manufacturing output rose at its fastest pace in more than two years in the second quarter, suggesting the economy was regaining...

Lenders wrap up Greek audit 17 Jul 2014 - 05:40 am

ATHENS: Inspectors from Greece’s EU/IMF lenders have concluded a short, interim checkup of the country’s performance under its bailout and will return for...

London Stock Exchange first quarter revenues boosted by IPOs 17 Jul 2014 - 05:40 am

LONDON: A boom in stock market flotations helped boost revenues for the London Stock Exchange Group by a fifth in the first quarter...

Doha Festival City Mall to host Monoprix 17 Jul 2014 - 05:27 am

Doha: Doha Festival City, Qatar’s largest retail and leisure destination, is partnering with leading business conglomerate, Ali Bin Ali Group, to bring the...

BRICS leaders join hands for ‘mini-IMF’ 16 Jul 2014 - 06:26 am

FROM LEFT: Russian President Vladimir Putin, Indian Prime Minister Narendra Modi, Brazilian President Dilma Rousseff, Chinese President Xi Jinping and South African President...

Gross National Income for Q1 hits QR184bn 16 Jul 2014 - 06:25 am

DOHA: Quarterly estimates of Qatar’s Gross National Income (GNI at current prices) for the Q1, 2014 is placed at QR183.58bn ($50.41bn) witnessing an...

Porsche extends heritage of custom tailoring 16 Jul 2014 - 06:25 am

Doha: Porsche’s legacy of delivering the ultimate in individual exclusivity, craftsmanship and customer service is the focus of the currently set up Exclusive...

Qatar index hits 13,000 on earning expectations 16 Jul 2014 - 06:24 am

By Satish Kanady DOHA: Qatar bourse advanced broadly yesterday to hit the 13,000 mark on earnings expectations. The index rose by 0.85 percent...

QA seeks compensation over Airbus A380 delay 16 Jul 2014 - 06:24 am

FARNBOROUGH: Qatar Airways is demanding compensation from Airbus for failing to deliver its A380 aircraft on time, the airline’s boss said yesterday, calling...

Airbus wins $60bn of deals, seduces with new ‘neo’ plane 16 Jul 2014 - 06:22 am

FARNBOROUGH: European aircraft maker Airbus racked up orders for its new long-haul A330neo plane yesterday, as airlines and leasing companies cash in on...

Net profit of QIC up 53pc in H1 16 Jul 2014 - 06:22 am

DOHA: Qatar Insurance Company, the largest insurer of the country, has reported a net profit of QR635m (about $174.4m) for the first half...

US F-35 fighter jet cleared to fly 16 Jul 2014 - 06:22 am

FARNBOROUGH: US military officials have approved limited flights for Lockheed Martin’s F-35 fighter jets, but the Pentagon said the newest US combat jet...