Business

Italy starts summer sales 07 Jul 2014 - 01:24 am

A couple walks by shop windows advertising sale yesterday in downtown Rome, as Italian retailers started their summer sales.

Yemen oil export income tumbles 64pc 07 Jul 2014 - 01:23 am

DUBAI: Yemen’s income from oil exports tumbled by over 64 percent to $73.4m in May from a year ago, due to attacks on...

Germany could outlaw fracking until 2021 07 Jul 2014 - 01:23 am

BERLIN: Germany could ban fracking until at least 2021 and strictly regulate the use of any such technology in future under policy proposals...

Emaar EC port unit agrees capital hike to fund expansion 07 Jul 2014 - 01:23 am

ABU DHABI: Emaar Economic City said yesterday shareholders of its Port Development Company subsidiary agreed to an increase in capital to SR5.21bn ($1.39bn)...

China sets up yuan clearing bank in Seoul 07 Jul 2014 - 01:22 am

SHANGHAI: China designated a clearing bank in Seoul for yuan transactions in South Korea on Friday, coinciding with a visit by President Xi...

Volkswagen denies Paccar bid move 07 Jul 2014 - 01:22 am

A Peterbilt truck is seen at a dealership in Bolingbrook near Chicago. Volkswagen denied planning a bid for US truck maker Paccar. Peterbilt...

Petrol prices go up in US 07 Jul 2014 - 01:21 am

A customer pumps petrol into his car at a Chevron gas station in Mill Valley, California. As the conflict in Iraq continues to...

Swiss get edge on EU with China trade deal 07 Jul 2014 - 01:20 am

BASEL: Switzerland has one-upped its European Union neighbours with a free trade deal with China that its politicians and business sector say is...

Labour row clouds French job-creation summit 07 Jul 2014 - 01:20 am

PARIS: French President Francois Hollande today kicks off a summit with business leaders aimed at creating half a million vitally-needed jobs in return...

BNP Paribas fine shows dollar’s key role 07 Jul 2014 - 01:19 am

PARIS: As the world’s reserve currency, the dollar gives Washington a powerful influence over global financial markets — a point underlined again last...

France’s CMA CGM invests in Indian port 07 Jul 2014 - 01:19 am

MUMBAI: France’s CMA CGM Group, one of the world’s top container shipping companies, plans to develop India’s largest container port in a joint...

S Korea’s economy shows signs of delayed recovery 07 Jul 2014 - 01:19 am

Seoul: South Korea’s economy is showing signs of a “delayed recovery” amid lingering negative impacts from the deadly ferry disaster in April that...

China’s trade policies still too opaque: WTO members 07 Jul 2014 - 12:59 am

GENEVA: World Trade Organisation member states urged China to make its trade policies more transparent amid a “striking” lack of clarity on its...

At 40, QP aims bigger as assets soar 85 times 06 Jul 2014 - 01:56 am

H E Dr Mohamed bin Saleh Al Sada (centre), the Minister of Energy and Industry, with Qatar Petroleum employees on the occasion of...

QFBA, MOF work for skills development 06 Jul 2014 - 01:32 am

The officials at the programme. Doha: Nine participants from the Qatar Ministry of Finance (MOF) have successfully graduated from a programme on Leadership...

LuLu Hypermarket Group achieves HACCP 06 Jul 2014 - 01:31 am

Doha: Lulu Hypermarket Group has successfully achieved certification to the HACCP Standard for their Qatar Region. Lulu Hypermarket chain is the first retail...

Barwa Bank opens office in Dubai 06 Jul 2014 - 01:29 am

Jeffrey Singer (left), CEO of DIFC Authority and Khalid Al Subeai, Acting CEO of Barwa Bank, announcing the opening of the bank. Doha:...

Primark opens in Berlin 06 Jul 2014 - 01:27 am

A Primark staff member at a store of clothing retailer Primark before its opening in Berlin. Thousands of bargain hunters flocked to a...