Business

UAE output growth at 32-month high 07 Jan 2014 - 08:10 am

DUBAI: Growth in overall business activity in the United Arab Emirates’ non-oil private sector slowed slightly in December, but output expanded at the...

Boeing delivers 648 jets in 2013 07 Jan 2014 - 08:10 am

NEW YORK: Boeing said yesterday that it ended 2013 setting company records for deliveries and unfilled orders for commercial aircraft as it ramps...

Libya aims to run economy and banking system on Islamic lines 07 Jan 2014 - 08:07 am

TRIPOLI: Libya will transform its banking and economic system to comply fully with Islamic law that bans interest payments, the economy minister and...

Syria’s state wheat import deals reach 2.4m tonnes 07 Jan 2014 - 08:07 am

ABU DHABI: War-torn Syria’s state wheat import deals surged to 2.4 million tonnes in 2013 from 550,000 a year earlier, the country’s General...

UK services activity slows in December 07 Jan 2014 - 08:06 am

LONDON: Growth in Britain’s services sector slowed unexpectedly in December, but confidence rose and the economy still looks likely to have recorded its...

JPMorgan Chase to pay $2bn in Madoff probe 07 Jan 2014 - 08:05 am

NEW YORK: JPMorgan Chase, the US bank used by Bernard Madoff who masterminded the biggest fraud on record, has agreed to pay about...

Qatari banks may post poor earnings growth 05 Jan 2014 - 11:38 pm

DOHA: Qatari banks are likely to witness poor earnings growth as their net interest margins (NIMs) continue to face pressure with the cost...

Nakilat Damen Shipyards lays keel for two Stan Tugs 05 Jan 2014 - 11:37 pm

Officials of Nakilat Damen Shipyards Qatar and Nakilat SvitzerWijsmuller during the keel laying ceremony. DOHA: Qatari shipbuilder Nakilat Damen Shipyards Qatar (NDSQ) yesterday...

Qatar Exchange index hits 52-week high 05 Jan 2014 - 11:36 pm

DOHA: Qatar Exchange extended the rally lifting its 20-stock benchmark index to a 52-week high yesterday. Driven by the buying interests of local...

Hossein Adeli is Secretary-General of the GECF 05 Jan 2014 - 11:35 pm

Doha: Dr SM Hossein Adeli, (pictured) an economist and diplomat with vast international experience, assumes office as Secretary-General of the Gas Exporting Countries...

Protest against French ‘ecotax’ 05 Jan 2014 - 11:34 pm

A protester wearing a red cap, the symbol of protest in Brittany, displays one of the Breton regional flags during a demonstration demanding...

Gearing up for Consumer Electronics Show 05 Jan 2014 - 11:34 pm

Technicians with TCL Communication put together a display near the Toshiba booth in preparation for the 2014 Consumer Electronics Show at the Las...

Google’s gigabit Internet 05 Jan 2014 - 11:33 pm

A technician picks up cones by his truck after installing Google Fiber in a residential home in Provo, Utah. Provo is one of...

HTC Q4 profit below expectations 05 Jan 2014 - 11:32 pm

TAIPEI: Taiwanese smartphone maker HTC reported a worse than expected net fourth-quarter profit yesterday, despite aggressive cost cutting and a one-time gain. The...

Sri Lanka infrastructure 05 Jan 2014 - 11:32 pm

A worker stands next to a light stand as another worker sleeps after an overnight shift at a road construction site in Colombo.

AT&T tries luring T-Mobile users with credit 05 Jan 2014 - 11:31 pm

AT&T mobile phones for sale alongside T-Mobile phones at a RadioShack electronics store in Los Angeles. NEW YORK: AT&T Inc offered customers of...

China housing controls 05 Jan 2014 - 11:30 pm

The sun sets behind a construction site in Guangzhou, Guangdong province. China will maintain controls on its property market in 2014 while increasing...

EU deal to close failed banks won’t break ‘doom loop’ 05 Jan 2014 - 11:25 pm

LONDON: The European Union’s blueprint to close failing banks won’t be enough to break the pattern of eurozone states haemorrhaging funds by propping...