Business

Eurozone inflation slows in new signal for ECB easing 04 Jun 2014 - 02:01 am

BRUSSELS: Inflation in the eurozone slowed last month to financial crisis levels, putting extra pressure on the ECB to act to fight a...

QE to take part in Arab bourses conference 04 Jun 2014 - 02:01 am

Doha: Qatar Exchange (QE) will participate in the Annual Conference of the Arab Federation of Exchanges (AFE)to be held in Dubai over the...

Chrysler’s US May sales jump 17pc 04 Jun 2014 - 02:00 am

WASHINGTON: US automaker Chrysler said yesterday US sales of cars and truck leaped 17 percent in May from a year ago as Jeep...

Libyan currency under pressure 04 Jun 2014 - 12:13 am

A man counts US dollars at a currency exchange in central Tripoli, yesterday. Libya’s currency is under heavy pressure as a breakdown in...

Pay TV network available for Arabic viewers 04 Jun 2014 - 12:12 am

BY ERIKA WIDEN Doha: OSN launched ‘Go’ recently in the region and the feedback from subscribers has been extremely positive. OSN is a...

Abu Dhabi grows 5.2pc in 2013, slower than expected 04 Jun 2014 - 12:09 am

DUBAI: Abu Dhabi’s economy expanded an inflation-adjusted 5.2 percent in 2013, its official statistics centre said yesterday, a much slower rate than the...

British bad bank warns against rate increase 04 Jun 2014 - 12:09 am

LONDON: The boss of Britain’s “bad bank” has warned that rising interest rates could push thousands of its customers into arrears, potentially making...

Most regional stock markets pull back 03 Jun 2014 - 11:55 pm

DUBAI: Most stock markets in the Gulf retreated on a wave of profit-taking yesterday, led by Qatar, where there was a pull-back in...

Abu Dhabi grows 5.2pc in 2013, slower than expected 03 Jun 2014 - 11:55 pm

DUBAI: Abu Dhabi’s economy expanded an inflation-adjusted 5.2 percent in 2013, its official statistics centre said yesterday, a much slower rate than the...

Weekly Commodity Update: What’s hot and what’s not in commodity RSI 03 Jun 2014 - 11:07 pm

By Ole S Hansen (Head of Commodity Strategy, Saxo Bank) Relative Strength Index (RSI) is a technical-momentum indicator that attempts to determine when...

New projects to push real estate recovery 03 Jun 2014 - 01:30 am

Doha: H E Sheikh Ahmed bin Jassim bin Mohamed Al Thani (pictured), the Minister of Economy and Trade, yesterday said the real estate...

Ezdan to raise QR3bn from real estate sales this year 03 Jun 2014 - 01:29 am

Doha: Real estate major Ezdan Holding Group is going to sell real estate with a value of QR3bn this year as a part...

‘Qatar needs more professional auditors’ 03 Jun 2014 - 01:26 am

FROM LEFT: Chris Adonis, Conference Chair, Hassan Al Mulla, President, IIA Qatar, Ibrahim bin Hashim Al Sada, Acting President, State Audit Bureau, H...

Computex in Taipei 03 Jun 2014 - 01:25 am

ASUSTeK Computer Inc Chairman Jonney Shih speaks about the company’s new ASUS Transformer Book V, a 12.5-inch device combined tablet, laptop and smart...

Solar aircraft makes test flight 03 Jun 2014 - 01:24 am

FROM LEFT: Solar Impulse’s Founder, Chairman and Pilot Bertrand Piccard, Solar Impulse’s German Test Pilot Markus Scherdel and CEO and Pilot Andre Borschberg...

US factory activity slows, construction up 03 Jun 2014 - 01:13 am

WASHINGTON: US manufacturing activity slowed last month and construction spending rose less than expected in April, which could temper hopes of a sharp...

Eurozone down as China growth accelerates 03 Jun 2014 - 01:12 am

LONDON/BEIJING: Signs of an economic revival in China have raised hopes that Beijing’s targeted measures to bolster growth are having an impact but...

Alfa Group to pour billions into European telecoms 03 Jun 2014 - 01:12 am

MOSCOW: Russian billionaire Mikhail Fridman’s Alfa-Group wants to invest billions of dollars of proceeds from the sale of oil firm TNK-BP into telecoms...