Business

DP World’s annual revenue, volumes fall 20 Mar 2014 - 10:41 pm

DUBAI: Dubai-owned port operator DP World said domestic capacity constraints and tough market conditions were to blame after it reported declines in annual...

Kuwait may delay company rules 20 Mar 2014 - 10:39 pm

KUWAIT: Kuwait’s market watchdog may extend a year-end deadline for listed companies to comply with new corporate governance rules if it finds there...

Market share of Marks & Spencer down in UK 20 Mar 2014 - 10:38 pm

LONDON: Marks & Spencer, Britain’s biggest clothing retailer, lost market share over the last three months, industry data showed yesterday, reversing a small...

VW to go ahead with growth plan in Russia 20 Mar 2014 - 10:37 pm

HANOVER: Germany’s Volkswagen will stick with ambitious expansion plans in Russia even as European leaders consider sanctions over the country’s seizure of Crimea,...

QE index gains 23.93 points last week 20 Mar 2014 - 10:36 pm

Doha: Qatar Exchange index gained 23.93 points, or 0.21 percent, last week, when trading closed yesterday at 11,367.31 points. The trading value last...

Oman to privatise more firms 20 Mar 2014 - 10:36 pm

MUSCAT: Oman is likely to privatise one more state company this year, after offering a minority stake in telecommunications operator Omantel, Minister for...

Toyota workers suspended at India plants over unrest 20 Mar 2014 - 10:35 pm

BANGALORE: Toyota has suspended 17 workers at its Indian auto assembly plants which were temporarily closed this week following protests against delayed pay...

US jobs, factory data show improvement 20 Mar 2014 - 10:35 pm

WASHINGTON: The number of Americans filing new claims for unemployment benefits held near three-month lows last week and factory activity in the Mid-Atlantic...

Weekly Money Market Review with IBQ: Rising tensions in Eastern Europe fuel the flight to safety 20 Mar 2014 - 10:15 pm

Last week was quiet in terms economic indicators. However, fresh concerns over tensions between Russia and Ukraine strengthened the demand for safe-havens. Market...

Tenders for FIFA projects this year 20 Mar 2014 - 09:06 am

DOHA: Qatar’s FIFA 2022-related projects are well on track. The Supreme Committee for Delivery and Legacy is in the advanced stages of design...

CBQ gets new board 20 Mar 2014 - 09:04 am

The new Board of Directors. DOHA: Commercial Bank of Qatar (CBQ) has announced that Sheikh Abdullah bin Ali bin Jabor Al Thani has...

Toyota to pay $1.2bn fine over safety issues 20 Mar 2014 - 09:02 am

Brand new Toyota cars on display at Toyota Marin yesterday in California. WASHINGTON/DETROIT: Toyota Motor Corp will pay a record $1.2bn to resolve...

Zara growth stalls 20 Mar 2014 - 09:01 am

A woman looks at clothes inside a Zara store in Madrid yesterday. Inditex, the world’s biggest fashion retailer, will accelerate investment in 2014...

China in talks for $20bn Airbus deal 20 Mar 2014 - 09:00 am

Visitors look at Airbus A350-900 passenger aircraft models at an expo in Beijing. Beijing: China is in talks to buy at least 150...

IMF chief questioned in French corruption case 20 Mar 2014 - 08:58 am

Christine Lagarde arrives at the Justice court in Paris yesterday. PARIS: IMF chief Christine Lagarde was yesterdya questioned for the third time by...

Deposit growth in Feb outpaces loan growth 20 Mar 2014 - 08:56 am

DOHA: Deposit growth outpaced loan growth in the month of February. Loans climbed by 1 percent month-over-month (MoM) in February 2014. This is...

Plot sale tops real estate deals 20 Mar 2014 - 08:56 am

DOHA: Transactions of open plots continue to dominate Qatar’s real estate deals. Vacant plots recorded transactions worth QR1.86bn in February 2014, making an...

US Fed slashes stimulus plan by another $10bn 20 Mar 2014 - 08:56 am

WASHINGTON: The Federal Reserve cut back its stimulus programme by another $10bn yesterday despite the recent US economic slowdown, which it blamed “in...