Business

Doha Insurance gets regulatory nod for float 07 Jan 2014 - 08:54 am

DOHA: Doha Insurance received regulatory approval for the issuance of 24.26 million new shares to shareholders through a rights issue. The company would...

Turkish lira at new low 07 Jan 2014 - 08:54 am

Tourists check rates outside a currency exchange office in central Istanbul yesterday. ANKARA: The Turkish lira plunged to a new low against the...

World’s first Internet-connected toothbrush makes debut at CES 07 Jan 2014 - 08:53 am

The Kolibree toothbrush, the world’s first Internet-connected toothbrush, on display at CES in Nevada, Las Vegas, yesterday. LAS VEGAS: Brush smarter. That’s the...

Qatar bourse index ends in the green 07 Jan 2014 - 08:51 am

DOHA: Supported by a hunt for high-dividend stocks, Qatar Exchange continued its bullish run yesterday. Qatari index was the second strongest performer in...

Chevrolet to roll out 4G-connected cars 07 Jan 2014 - 08:50 am

Alan Batey, Senior Vice-President of Global Chevrolet, speaks during a Chevrolet Connected by OnStar press event at CES. LAS VEGAS: The new Chevrolets...

Bank merger woes 07 Jan 2014 - 08:48 am

Office workers pass an Oversea-Chinese Banking Corp (OCBC) building in the central business district of Singapore yesterday. Singapore OCBC’s bid to take over...

Strike at French shipping firm 07 Jan 2014 - 08:47 am

Ferries of the maritime transport company Societe Nationale Corse Mediterranee (SNCM) are docked in the port of Marseille, southern France, yesterday due to...

SNB hard hit by gold price fall 07 Jan 2014 - 08:44 am

ZURICH: Switzerland’s central bank said yesterday that it lost billions in 2013 as gold prices plunged and therefore could not pay dividends to...

Qatar second top fertilizer supplier to Brazil 07 Jan 2014 - 08:41 am

DOHA: Qatar emerged as the second top supplier of fertilizers to Brazil during the first three quarters of 2013 with a huge 268...

Turkish lira at new low 07 Jan 2014 - 08:41 am

ANKARA: The Turkish lira plunged to a new low against the dollar yesterday, as a high-level corruption scandal continued to hurt investor confidence....

Brent crude edges up 07 Jan 2014 - 08:40 am

NEW YORK: Brent crude oil edged higher yesterday in choppy trading as reports of restarted production at a Libyan oilfield, which hinted at...

European stock markets down; euro climbs 07 Jan 2014 - 08:40 am

LONDON: Upbeat eurozone data helped boost the euro yesterday but top European stock markets mostly ended in the red, dragged down by losses...

Opec December output falls 07 Jan 2014 - 08:39 am

LONDON: Opec’s oil output fell in December to the lowest since May 2011, a Reuters survey found, due to strikes and protests in...

Suez Canal master plan to be finalised in nine months 07 Jan 2014 - 08:19 am

CAIRO: Egypt has invited 14 consortia to bid for a chance to say how they would develop the Suez Canal area, officials said...

QDB holds Al Dhameen talks with partner banks 07 Jan 2014 - 08:19 am

DOHA: Qatar Development Bank (QDB) held its eighth Al Dhameen dialogue session with partner banks in Doha to identify ways to enhance the...

Egypt economy starting to pick up: Survey 07 Jan 2014 - 08:18 am

CAIRO: Business activity in Egypt grew for a second consecutive month in December, a survey showed yesterday, in a positive sign that the...

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...