Business

Trade ministers begin TPP talks in Singapore 08 Dec 2013 - 01:02 pm

A view of the container port in Singapore yesterday. Trade ministers from the US and 11 other countries opened talks in Singapore in...

Focus on poverty reduction: IMF to Myanmar 08 Dec 2013 - 01:01 pm

YANGON: International Monetary Fund chief Christine Lagarde urged Myanmar —which is enjoying an economic boom after decades of international isolation under the junta...

Boeing deal with South Carolina 08 Dec 2013 - 01:00 pm

A Boeing 777 sits on the assembly line at the company’s operations in Everett, Washington. South Carolina will clinch a long-awaited land sale...

QCB to announce details of market rules today 08 Dec 2013 - 12:59 pm

DOHA: Qatar Central Bank (QCB) will formally announce the details of its renewed strategy to regulate Qatar’s financial market at an event today....

Qatar’s non-energy sector to form half of GDP by 2015 08 Dec 2013 - 12:58 pm

DOHA: Qatar’s diversifying economy is reaching the key milestone of the non-hydrocarbon sector being worth more than half of the country’s GDP by...

Qatar Investment Fund proposes tender offers 08 Dec 2013 - 12:58 pm

DOHA: Qatar Investment Fund (QIF) has announced the proposal for a tender offer to purchase up to 10 percent of the issued share...

Experts from 20 countries to attend AMAN meet 08 Dec 2013 - 12:56 pm

DOHA: Scores of experts from insurance and banking sector from over 20 countries will participate in the 4th Annual AMAN Union Meeting to...

After soft landing, China taking off again 08 Dec 2013 - 12:56 pm

Doha: Rather than the hard landing that many feared in 2012 and early 2013, the Chinese economy seems to be taking off again...

QNB convenes strategy conference in Dubai 08 Dec 2013 - 12:55 pm

Dubai: Qatar National Bank (QNB) has convened its strategy conference entitled “Shaping a Mena Icon” in Dubai. This was the first time this...

Egypt spent $1bn of stimulus package, says minister 08 Dec 2013 - 12:54 pm

CAIRO: Egypt has spent 7bn Egyptian pounds ($1.02bn) of a package of 29.7bn pounds intended to stimulate an economy ravaged by more than...

Tunisia 2013 growth not to exceed 2.6pc: World Bank 08 Dec 2013 - 12:53 pm

TUNIS: The World Bank predicted that growth in Tunisia, where the economy continues to suffer from a political impasse and security problems, will...

Greek lawmakers to approve tentative growth budget 08 Dec 2013 - 12:53 pm

ATHENS: Greece’s parliament prepared to approve next year’s budget, which forecasts an end to the recession that has gripped the country since 2008....

GE to pay $18m to settle bond-rigging lawsuit 08 Dec 2013 - 12:52 pm

NEW YORK: General Electric Co has agreed to pay as much as $18.25m to settle a class action lawsuit accusing it of rigging...

European markets rise; gold shines 07 Dec 2013 - 07:33 am

LONDON: European stock markets posted solid gains yesterday following unexpectedly strong US jobs data, despite this raising the odds that the Federal Reserve...

Asian petrol margins to drop as Mideast deficit narrows 07 Dec 2013 - 07:32 am

A view of Khurmala oilfield on the outskirts of Arbil in Iraq’s Kurdistan region. SINGAPORE/KHOBAR: Asian petrol margins have peaked and are set...

2015 Ford Mustang 07 Dec 2013 - 07:31 am

Ford Motor Co CEO Alan Mulally sits in the driver seat of its all new 2015 Ford Mustang in New York.

US oil trades higher; Brent at $111.44 07 Dec 2013 - 07:29 am

NEW YORK: US oil traded higher in choppy trade yesterday, still on track for its biggest weekly percentage gain since July, supported by...

Tourism revenues rise in Cyprus 07 Dec 2013 - 07:29 am

NICOSIA: Tourism spending in Cyprus in the first 10 months of 2013 hit ¤1.95bn, more than last year’s total, boosting hopes the sector...