Business

Canon ropes in Creative Force for Iraq 08 Jul 2014 - 11:17 pm

Doha: Canon Middle East, a leader in imaging solutions, has appointed Creative Force to expand it Professional Video business in Iraq. Focused on...

Commercial Bank of Kuwait gets nod to raise KD120m via bond 08 Jul 2014 - 11:10 pm

Kuwait City: Commercial Bank of Kuwait, the Gulf state’s fifth-largest lender by assets, has received regulatory approval to issue up to KD120m ($425.8m)...

Boeing, QCRI to develop new product 08 Jul 2014 - 12:15 pm

BY MOHAMMAD SHOEB DOHA: Boeing, the world’s largest aerospace company, and Qatar Computing Research Institute (QCRI) are developing a unique commercial product to...

Walmart back on top of Fortune 500 list 08 Jul 2014 - 12:14 pm

GCC fertiliser industry fastest growing 08 Jul 2014 - 12:13 pm

Khalifa Al Sowaidi, Chairman of the GPCA’s Fertiliser Committee and Chief Executive Officer of Qatar Fertiliser Company (QAFCO). DOHA: The fertiliser industry in...

Argentine economy minister to meet debt case mediator in New York 08 Jul 2014 - 12:12 pm

Argentina’s Economy Minister Axel Kicillof (second left) at the New York airport yesterday. NEW YORK/BUENOS AIRES: Argentina’s Economy Minister, Axel Kicillof, will meet...

Austria releases economy report 08 Jul 2014 - 12:11 pm

FROM LEFT: Austrian Economy Minister Reinhold Mitterlehner, Chancellor Werner Faymann, Transport, Innovation and Technology Minister Doris Bures and Vice Chancellor and Finance Minister...

UK fetes Modi, seeks business ties 08 Jul 2014 - 12:10 pm

Britain’s Chancellor of the Exchequer George Osborne (right) with Britain’s Foreign Secretary William Hague in Mumbai yesterday. MUMBAI: Britain’s Finance Minister George Osborne...

SNCM strike continues 08 Jul 2014 - 12:09 pm

The car ferry ‘Corse’ operated by the SNCM (National Maritime Corsica-Mediterranean company) is seen in the port of Marseille yesterday. SNCM employees have...

China, Germany in auto, plane deals 08 Jul 2014 - 12:09 pm

BEIJING: China and Germany signed a series of trade and investment deals yesterday during a visit by Chancellor Angela Merkel, including agreements on...

Hero goes to Colombia 08 Jul 2014 - 12:08 pm

Pawan Munjal, Managing Director and CEO of Hero MotoCorp, India’s largest maker of motorcycles and scooters, in Villa Rica, Colombia. Munjal announced that...

UAE regulator to tighten bourse supervision after market crash 08 Jul 2014 - 12:07 pm

DUBAI: The financial market regulator of the United Arab Emirates said it would tighten supervision of the stock exchanges, after wild trading in...

GIS completes buyout of JDC’s 30pc stake in GDI 08 Jul 2014 - 12:07 pm

DOHA: The Gulf International Services (GIS) has completed the purchase of Japan Drilling Co. Ltd’s (JDC) 30 percent shares in Gulf Drilling International...

Nissan fourth in Best Global Green Brands 08 Jul 2014 - 12:06 pm

Doha: Nissan has again risen in the ranks of the world’s greenest brands. The company improved its position to fourth place in Interbrand’s...

Anglo American to sell stake in Lafarge Tarmac 08 Jul 2014 - 12:06 pm

London: Global miner Anglo American Plc said it would sell its 50 percent stake in Lafarge Tarmac to Lafarge for a minimum consideration...

Eurozone leaders in tussle over new budget rules 08 Jul 2014 - 12:06 pm

BRUSSELS: Leaders from struggling eurozone economies continued a push to loosen strict European Union budget rules yesterday despite firm opposition from Germany, which...

After beating Google, Naver goes global with app Line 08 Jul 2014 - 12:05 pm

SEOUL: The billionaire founder of web portal operator Naver Corp beat back Google Inc to leave South Korea one of few countries where...

Samsung profits falling as succession looms 08 Jul 2014 - 12:05 pm

SEOUL: Smartphone leader Samsung Electronics Co Ltd faces a third straight quarter of profit decline that could become a fourth as cheaper models...