Business

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...

GM sweeps 2014 North American car, truck awards 14 Jan 2014 - 07:58 am

DETROIT: General Motors Co yesterday swept the coveted awards handed out each year at the start of the North American International Auto Show...

Auto sales to rise by 3.4pc worldwide 14 Jan 2014 - 07:58 am

DETROIT: Carmakers are upbeat about global auto sales this year despite fears of a slowdown in the United States, which generates big profits...

Chevron gives green light to North Sea Alder project 14 Jan 2014 - 07:58 am

LONDON: US oil firm Chevron Corp will go ahead with the development of the Alder gas field off the coast of Britain, helping...

QE breaches 11,000 mark 14 Jan 2014 - 02:45 am

DOHA: Qatar’s rallying stocks pushed the bourse’s main index beyond the psychological barrier of 11,000 points to 11,019.86 yesterday. The buoyancy in witness...

Indonesia bans mineral ore exports 13 Jan 2014 - 06:32 am

Stockpiles of nickel ore await shipment at a port in a nickel-mining area in Indonesia’s central Sulawesi. JAKARTA: Indonesia, one of the world’s...

India’s private sector job opportunities decline 13 Jan 2014 - 06:31 am

Indian staff work at a call centre for The Emergency Management and Research Institute (EMRI) in Hyderabad. Low business confidence and high interest...

Italian home base dragging down sofa king Natuzzi 13 Jan 2014 - 06:30 am

New Natuzzi’s easy chairs named Revive in a store in downtown Milan yesterday. SANTERAMO IN COLLE, Italy: From this hilltop town on the...

Jaguar Land Rover taps global markets 13 Jan 2014 - 06:30 am

LONDON: British luxury car manufacturer Jaguar Land Rover sold a record volume of vehicles last year, when rising demand in markets such as...