Business

Toyota FT-1 concept car 14 Jan 2014 - 08:18 am

Members of the media surround the Toyota FT-1 concept car as it is unveiled on stage during press preview day of the North...

Euro banknotes will remain paper, not plastic: Official 14 Jan 2014 - 08:16 am

A new 10-euro banknote is pictured during its presentation at the Austrian national bank in Vienna yesterday. The banknote features new security characteristics...

Target apologises for data breach 14 Jan 2014 - 08:15 am

Customers walk through the cosmetics department at the Target store in Arvada, Colorado. BOSTON/NEW YORK: Target Corp began a major public relations effort...

1,619 new aeroplane orders for Airbus 14 Jan 2014 - 08:13 am

TOULOUSE: Airbus posted an industry record of 1,619 new aeroplane orders in 2013, pushing its backlog to almost nine years of production, and...

BMW remains world’s leading premium auto brand 14 Jan 2014 - 08:12 am

An employee attaching a BMW logo onto the hood of a new car at the factory in Regensburg, Germany. BMW has retained its...

First GM woman CEO in driver’s seat 14 Jan 2014 - 08:12 am

A rear view of the new Chevrolet Corvette Stingray ZO6 on display at the North American International Auto Show in Detroit. DETROIT: Mary...

No decision yet on Alitalia stake: Etihad 14 Jan 2014 - 08:11 am

BERLIN: Etihad will not be rushed into making a decision over an investment in struggling Italian airline Alitalia, the chief executive of the...

QCB to sell QR24bn in bonds, sukuk 14 Jan 2014 - 08:02 am

DUBAI: Qatar Central Bank plans to issue on Thursday conventional and Islamic government bonds worth a combined QR24bn ($6.6bn), it said yesterday, a...

Al Sada meets GECF official 14 Jan 2014 - 08:02 am

DOHA: Dr Adeli, Secretary-General of Gas Exporting Countries Forum (GECF), paid a courtesy call on H E Mohammed bin Saleh Al Sada, the...

Global investors bullish on Qatari companies 14 Jan 2014 - 08:01 am

BY SACHIN KUMAR Doha: Global investors have become bullish on Qatar listed companies. In the past one year Foreign Institutional Investors (FIIs), global...

Brent, US crude edge down 14 Jan 2014 - 08:01 am

NEW YORK: Brent oil fell yesterday as the market absorbed news of a deal between Western nations and Iran to curb its nuclear...

Passenger demand up, says IATA 14 Jan 2014 - 08:01 am

DOHA/GENEVA: The International Air Transport Association (IATA) announced global passenger traffic results for November 2013, showing a moderation in the pace of recent...

UAE sees keen interest for oilfields on revised terms: Minister 14 Jan 2014 - 08:00 am

NEW DELHI: Abu Dhabi has received strong interest from international firms for participating in its largest oilfields, the UAE oil minister said, as...

Total deal speeds up UK shale gas race 14 Jan 2014 - 08:00 am

LONDON: Total has become the first major oil and gas company to strike a deal to explore for shale gas in Britain, boosting...

World stock markets reverse early gains 14 Jan 2014 - 08:00 am

NEW YORK: A measure of world stock markets reversed early gains to trade slightly lower yesterday, weighed by a decline in US stocks,...

Indian rupee hits over 1-month high 14 Jan 2014 - 07:59 am

MUMBAI: The rupee rose to its highest level in over a month yesterday, boosted by hefty gains in domestic shares and after weaker-than-expected...

Amec to buy Foster Wheeler in $3.13bn deal 14 Jan 2014 - 07:59 am

LONDON: British oil and gas engineering firm Amec has agreed to buy Swiss-based rival Foster Wheeler for £1.9bn ($3.13bn), the first sizeable acquisition...

Kurds confident of compromise with Baghdad over oil exports 14 Jan 2014 - 07:59 am

ARBIL: Iraqi Kurdistan is confident it can soon find a compromise with Baghdad in a row over oil exports from the autonomous region...