Business

Sharp returns to profit after two years 13 May 2014 - 08:39 am

TOKYO: Struggling Japanese electronics maker Sharp said it had swung back to profit for the full year to March after two years of...

Serbia to pass measures to boost its economy 13 May 2014 - 08:39 am

BELGRADE: Serbia plans to adopt measures this week including subsidies for commercial corporate loans and tax relief for new job hires to revive...

Chamber polls put off due to lack of quorum 13 May 2014 - 03:44 am

FROM LEFT: Abdul Rahman Al Najjar, Abdul Lateef Al Missned and Suhaila Rabia Al Hareb. DOHA: The election to the 17-member Board of...

QE investors richer by QR95.8bn in 2013 12 May 2014 - 01:57 am

DOHA: Investors on the Qatari bourse (Qatar Exchange) became richer by QR95.8bn ($26.3bn) in 2013 as the market capitalisation of the bourse rose...

Free Internet on NY buses 12 May 2014 - 01:55 am

Passengers line up to board Megabus buses in New York City. Discount US carriers are luring a new generation of riders from young...

Greece’s jobless rate improves 12 May 2014 - 01:54 am

A woman stands inside a Greek Manpower Employment Organisation office in Athens. Greece’s jobless rate improved in February to its lowest rate in...

Venezuela auto industry collapses 12 May 2014 - 01:53 am

An empty car concessionaire store in Caracas. CARACAS: Venezuelans, who enjoy free highways and dirt-cheap gas, are struggling to buy cars as production...

Ice cream demand goes up 12 May 2014 - 01:52 am

Indian factory workers at their production lines at the Havmor Ice Cream Ltd plant at Naroda near Ahmedabad in Gujarat. Havmor produces some...

Infosys battles exodus, attrition rate hits 18.7pc 12 May 2014 - 01:50 am

Employees in front of the Infosys campus in Bangalore. MUMBAI: Infosys Ltd, once a bellwether for India’s $100bn-plus IT outsourcing industry, is losing...

China’s vehicle sales up 12 May 2014 - 01:49 am

Employees assemble trucks at a production lines at a factory of the Anhui Jianghuai Automobile Co. Ltd (JAC Motors) in China’s Anhui province....

Protest against green energy 12 May 2014 - 01:49 am

Activists wear caricature heads of Germany’s Economy and Energy Minister Sigmar Gabriel (left) and Chancellor Angel Merkel during a protest against Germany’s shift...

Real estate market remains stable 12 May 2014 - 01:35 am

Doha: Qatar’s real estate market remained firm in April with rents and transactions maintain upward trend. Upmarket West Bay witnessed highest rentals with...

Qatar bourse at new high, Dubai drops 12 May 2014 - 01:34 am

DUBAI: Dubai’s bourse posted its biggest daily loss in a month yesterday as retail investors booked profits, while Qatar’s benchmark hit a new...

Fitch upgrades International Islamic ratings 12 May 2014 - 01:33 am

DOHA: International credit ratings agency ‘Fitch Ratings’ has upgraded Qatar International Islamic Bank’s (QIIB) Long-term Issuer Default Ratings (IDR) to ‘A’ from ‘A-’...

BlackBerry steps up fightback with new Indonesian phone 12 May 2014 - 01:32 am

JAKARTA: BlackBerry will this week launch a new budget handset in Indonesia, one of its last bastions, a major step in the ailing...

US economic growth could top 3pc in Q2 12 May 2014 - 01:32 am

DUBAI: The US economy should accelerate in the second quarter to an annual growth rate of 3 percent or more, but it may...

Solid regional partnerships key to petrochemical industry growth 12 May 2014 - 01:32 am

Doha: Strong regional multi-stakeholder partnerships will be the key for a dynamic, flexible and growth-driven petrochemicals industry, said industry experts at the sixth...

Tribunal upholds action of QFC Regulatory Authority 12 May 2014 - 01:31 am

Doha: Disciplinary action taken by the QFC Regulatory Authority to fine Karim Paul Noujaim $20,000 and prohibit him from being employed by any...