Business

Leading French unions boycott job creation summit 08 Jul 2014 - 12:05 pm

PARIS: A summit aimed at creating half a million badly needed jobs in France got off to a rocky start yesterday, with two...

Tablets to overtake PCs by 2015 08 Jul 2014 - 12:04 pm

WASHINGTON: Tablet computers will outsell personal computers by 2015 globally in another sign of the shifting tech landscape, a survey showed yesterday. A...

China Q2 growth better, more policy steps ahead 08 Jul 2014 - 12:04 pm

BEIJING: China’s economic growth quickened in the second quarter from the previous three months, but further modest government support measures will still be...

Al Sada, UK’s Simmonds talk energy issues 08 Jul 2014 - 06:19 am

DOHA: H E Dr Mohamed bin Saleh Al Sada, the Minister of Energy and Industry, met with Mark Simmonds, British Member of Parliament...

Real estate, contracting chew most bank credits 07 Jul 2014 - 02:23 am

By Satish Kanady DOHA: Real estate and contracting sectors together make up one of the biggest shares of commercial banks’ total domestic credit...

Dubai finances still vulnerable: IMF 07 Jul 2014 - 02:22 am

H H Sheikh Mohammed bin Rashid Al Maktoum (second right), Prime Minister and Ruler of Dubai, looking at the mock-up of the “Mall...

Merkel in driver’s seat 07 Jul 2014 - 02:20 am

German Chancellor Angela Merkel sits in an All New Jetta as she visits the FAW-Volkswagen production plant with other company officials in Chengdu,...

India to target record asset sales in budget 07 Jul 2014 - 02:20 am

India’s Finance Minister Arun Jaitley at a meeting in New Delhi. NEW DELHI: India’s new government will seek to raise up to a...

Negative outlook for Ontario’s debt 07 Jul 2014 - 02:19 am

Ontario’s Finance Minister Charles Sousa (right) and Ontario Premier Kathleen Wynne at the Ontario Legislature in Toronto. Moody’s Investors Service assigned a “negative”...

Porsche Centre unveils benefits during Ramadan 07 Jul 2014 - 02:17 am

Doha: Porsche Centre Doha, Al Boraq Automobiles Co, is celebrating this year’s Ramadan season with a special programme of benefits to further build...

IMF hints at world growth forecast cut 07 Jul 2014 - 02:16 am

AIX-EN-PROVENCE: Global economic activity should strengthen in the second half of the year and accelerate in 2015, although momentum could be weaker than...

Qatar Exchange index loses 43.08 points 07 Jul 2014 - 02:15 am

Doha: Qatar Exchange index lost 43.08 points, or -0.35 percent, to finish the first day of week at 12,333.54 points compared to 12,376.62...

Almarai Q2 net profit rises 8.8pc 07 Jul 2014 - 02:15 am

DUBAI: Saudi Arabia’s Almarai, the Gulf’s largest dairy company, reported an 8.8 percent increase in second-quarter net profit yesterday as sales rose. Almarai...

Debt-laden Serbia braces for reforms 07 Jul 2014 - 02:15 am

BELGRADE: With one in five people unemployed and pensioners outnumbering those in work, Serbia is struggling with a record budget deficit and could...

Spanish wifi company Gowex faked results 07 Jul 2014 - 02:14 am

MADRID: Spanish free wifi provider Let’s Gowex revealed yesterday its accounts have been falsified for at least four years and said it is...

Sawiris-led EFG Hermes bid in doubt as holders baulk at price 07 Jul 2014 - 02:06 am

CAIRO: Billionaire Naguib Sawiris’ second bid for a stake in Egypt’s biggest investment bank EFG Hermes hung in the balance yesterday as shareholders...

Cuba resists speedier path to free enterprise 07 Jul 2014 - 02:06 am

HAVANA: Cuban President Raul Castro told Parliament the communist country’s market-oriented reforms must remain gradual, a clear signal he would resist calls to...

Libya to pump oil from eastern ports 07 Jul 2014 - 01:25 am

Workers are seen next to pipelines at the Zueitina oil terminal. TRIPOLI: Libya plans to resume exports from the major eastern Ras Lanuf...