Business

Hilton Worldwide plans expansion in Qatar 06 Mar 2014 - 01:25 am

The officials of the Hilton Worldwide. DOHA: Hilton Worldwide, a leading global hospitality company, yesterday announced expansion plans in Qatar with the signing...

Qatar Steel signs iron ore pellets deal with Vale 06 Mar 2014 - 01:23 am

Jose Martins (left) and Ali bin Hassan Al Muraikhi signing the agreement. Doha: Qatar Steel yesterday announced it has signed an iron ore...

Italian Chamber opens in Qatar 06 Mar 2014 - 01:22 am

Qatari Business Association Chairman Sheikh Faisal bin Qassim Al Thani ( fourth left), Msheireb Properties Board Member Salah Al Jaidah (third right), Italian...

Sharaka Holdings opens Design Lounge 06 Mar 2014 - 01:20 am

Roberta Giorgetti (left) and Christopher Guy. Doha: Sharaka Holdings yesterday announced the opening of their Design Lounge showroom which will help the customers...

Japan may tax bitcoin deals, no bank status 06 Mar 2014 - 01:19 am

Kolin Burges, a self-styled cryptocurrency trader and former software engineer from London, holds up a placard to protest against Mt. Gox, in Tokyo...

Adidas sales up 06 Mar 2014 - 01:18 am

Shareholders of Adidas at Nuremberg office. German sportswear company warned yesterday that its results in 2014 would take a significant hit from weakening...

Luxury cars drive into booming SUV space 06 Mar 2014 - 01:17 am

Porsche’s Macan Turbo is displayed at the group’s stand at the Geneva Motor Show. GENEVA: Massive or small, affordable or off-the scale pricey:...

US private jobs increase 06 Mar 2014 - 01:16 am

People fill out application forms before a screening session for seasonal jobs at Coney Island in the Brooklyn borough of New York. US...

Dubai World prepays $284.5m to creditors 06 Mar 2014 - 01:08 am

DUBAI: Dubai World, one of the emirate’s big state-owned conglomerates, has prepaid $284.5m to creditors under its $25bn debt restructuring plan, sources familiar...

Japan makes $450m oil payment to Iran 06 Mar 2014 - 01:07 am

TOKYO: Japan made a second payment to Iran for crude imports under an interim nuclear deal yesterday, diplomatic sources said, as the West...

Qatar Cool to open third plant in West Bay 06 Mar 2014 - 01:07 am

DOHA: Qatar Cool, the leading provider of district cooling services in the country, will open its third plant in West Bay, with a...

China signals focus on leaner, cleaner growth 06 Mar 2014 - 01:06 am

BEIJING: China sent its strongest signal yet that its days of chasing breakneck economic growth were over, promising to wage a “war” on...

Bitcoin bank Flexcoin shuts after hacking theft 06 Mar 2014 - 01:05 am

Tokyo: Flexcoin, a Canada-based bitcoin bank, said it was closing down after losing bitcoins worth about $600,000 to a hacker attack enabled by...

Britain far from prime shale gas exploration location, experts say 06 Mar 2014 - 01:04 am

LONDON: Britain may be a prime location for shale gas exploration in Europe, but a lack of onshore drilling infrastructure and local opposition...

Greece, IMF disagree on bank tests 06 Mar 2014 - 01:04 am

ATHENS: Greece will release stress test results on its top banks this week without securing the agreement of the IMF, a source close...

Traders still shun new grain deals with Ukraine 06 Mar 2014 - 01:03 am

KIEV: Foreign trading houses have not resumed concluding new grain exports contracts due to continued tensions between Ukraine and Russia, Ukraine’s Agriculture Minister...

IMF calls for ECB rate cut, more liquidity 06 Mar 2014 - 01:03 am

BRUSSELS: The European Central Bank should cut interest rates and either inject more liquidity into the banking system via its Long-Term Refinancing Operations...

Chrysler to go ahead with Canada plans 06 Mar 2014 - 01:02 am

TORONTO/DETROIT: Chrysler Group LLC said on Tuesday that it would push ahead with development plans for two key assembly plants in the Canadian...