Business

Yusuff Ali tops Forbes ‘100 top Indian leaders in Arab World’ 18 May 2014 - 10:03 am

Dubai: Lulu Group boss Yusuff Ali MA (pictured) has topped the Forbes “100 top Indian leaders in the Arab World 2014”. Forbes, world’s...

Bernanke talks of low interest rates 18 May 2014 - 10:02 am

Former US Federal Reserve Chairman Ben Bernanke. NEW YORK/BOSTON: In a series of quarter-million-dollar dinners with wealthy private investors, Ben Bernanke has been...

Hedge fund industry meet 18 May 2014 - 10:01 am

Paul Ryan, US Congressman, speaks at the SALT conference in Las Vegas. SALT is the $2.7 trillion hedge fund industry’s biggest annual event...

Boeing vows to fight unfair US labour practices ruling 18 May 2014 - 10:00 am

Henry Noble, a retired Boeing machinist, hands out fliers during a rally organised by the Washington State Labour Council to show support for...

Fight against takeover plans 18 May 2014 - 09:59 am

FROM LEFT: Sweden’s Education Minister Jan Bjorklund, Enterprise Minister Annie Loof and Finance Minister Anders Borg at the government headquarters Rosenbad in Stockholm....

Qatar main engine of growth in Mena: QNB 18 May 2014 - 09:58 am

Doha: GCC countries continue to be the main engine of economic growth in the Middle East and North Africa (Mena), with Qatar leading...

Apple, Google call truce in smartphone patent war 18 May 2014 - 09:57 am

SAN FRANCISCO: Google and Apple, the two technology titans behind the world’s top smartphone platforms, called a truce in a long-running patent war....

Morocco’s royal investment vehicle to sell stake in Lesieur 18 May 2014 - 09:56 am

RABAT: The Societe Nationale d’Investissement (SNI), the investment vehicle of Morocco’s royal family, will sell its remaining 23.6 percent stake in cooking oil...

Russia-China gas deal soon, says Gazprom 18 May 2014 - 09:55 am

MOSCOW: Russian state-run Gazprom said it was still “one digit” away from finalising a 30-year gas supply deal with Beijing which is expected...

New issues hit Bitcoin Foundation 18 May 2014 - 09:55 am

SAN FRANCISCO: As the most prominent trade group pushing adoption of the electronic currency, Bitcoin begins its annual conference on Friday, it is...

US industry complacent about cyber risks, say experts 18 May 2014 - 09:54 am

WASHINGTON: After warning for years that the US electric grid and other critical infrastructure are dangerously vulnerable to hacking, security experts fear it...

Venezuela’s April inflation jumps to 5.7pc 18 May 2014 - 09:54 am

CARACAS: Venezuela’s consumer prices rose 5.7 percent in April, local media reported yesterday, jumping from 4.1 percent the month before as the Opec...

Brazil mulls investor unit to reassure investors 18 May 2014 - 09:53 am

SAO PAULO: The Brazilian government is creating a department to foster relations with and explain policy moves to market participants, a source with...

Moody’s upgrades Ireland by 2 notches 18 May 2014 - 09:53 am

WASHINGTON: Moody’s raised its credit grade for Ireland by two steps, to Baa1 from Baa3, citing the impact faster growth will have on...

Malaysia’s economy grows 6.2pc in Q1 18 May 2014 - 09:52 am

Kuala Lumpur: Malaysia’s economy registered a robust growth of 6.2 percent in the first quarter of 2014 compared with 5.1 percent growth registered...

Inflation, job goals within sight: US Fed 18 May 2014 - 09:52 am

LITTLE ROCK: The US economy is within sight of the Federal Reserve’s inflation and employment goals, and is expected to grow at a...

Rio Tinto not shopping assets but would consider offers: CEO 18 May 2014 - 09:52 am

WASHINGTON: Rio Tinto is not actively seeking to divest assets this year but would consider any attractive offers, Chief Executive Sam Walsh said....

US business group scolds French protectionism 18 May 2014 - 09:51 am

WASHINGTON: The leading US business group called France protectionist, after Paris asserted its right to veto any foreign takeover of key French companies....