Business

Romanian farmers choose subsistence over shale gas 27 Oct 2013 - 11:51 pm

Men celebrate over a destroyed makeshift well during a protest against plans by US energy major Chevron to search for shale gas in...

Finland’s stellar credit rating at risk 27 Oct 2013 - 11:51 pm

HELSINKI: Finland’s image as an island of fiscal virtue in an ocean of European profligacy has eroded to the point that many ask...

NYSE runs Twitter IPO test to avoid FB chaos 27 Oct 2013 - 11:48 pm

NEW YORK: The New York Stock Exchange on Saturday did a test run of Twitter’s highly anticipated market debut, as it seeks to...

Small Japanese firms become gold mines to foreign investors 27 Oct 2013 - 11:47 pm

TOKYO: A resurgent Japanese stock market has seen a big boom in shares of the country’s corporate titans, but now rich returns are...

GCC continues to lead Mena growth 27 Oct 2013 - 01:25 am

Doha: The latest International Monetary Fund (IMF) World Economic Outlook projections suggest that economic performance in the Middle East and North Africa (Mena)...

PM to open Euromoney Qatar Conference 27 Oct 2013 - 01:25 am

DOHA: The Euromoney Qatar 2013 Conference, key meeting of the world’s leading players and thinkers in finance, will be held here in December...

Energy independence 27 Oct 2013 - 01:22 am

Pump jacks are seen in the Midway Sunset oilfield, California. Forty years after an Arab oil embargo throttled the US economy, surging North...

Toyota settles US acceleration case 27 Oct 2013 - 01:22 am

New YORK: Toyota Motor Corp reached a deal on Friday to resolve a lawsuit in the United States over unintended acceleration issues, one...

Wal-Mart to accelerate China expansion 27 Oct 2013 - 01:21 am

SHANGHAI: Wal-Mart Stores, the world’s largest retailer, plans to add as many as 110 stores over three years in China, while shutting some...

Qatar Exchange Roundup: Results fail to lift QE index 27 Oct 2013 - 01:18 am

By Basher Kahlout The week witnessed the disclosure of 14 listed companies of their results for the nine months, which showed a decline...

US jobs market 27 Oct 2013 - 01:17 am

A sign advertising jobs is posted along a street in the Brooklyn borough of New York. US employers added far fewer than expected...

JPMorgan Chase to pay $5.1bn to settle Fannie, Freddie claims 27 Oct 2013 - 01:17 am

NEW YORK CITY: JPMorgan Chase will pay $5.1bn to settle charges it overstated the quality of mortgages and mortgage-backed securities sold to Freddie...

Dubai refinery buys first Indian raw sugar cargoes in 2 years 27 Oct 2013 - 01:17 am

LONDON: Dubai’s Al Khaleej sugar refinery, one of the world’s largest, has bought the first cargoes of raw sugar from India in two...

$3bn loss for Pemex in Q3 27 Oct 2013 - 01:17 am

MEXICO CITY: Mexico’s state oil giant Pemex on Friday posted a massive $3bn third quarter loss, citing lower export volumes, falling fuel prices...

Italy eyes Eni stake sale in privatisation drive 27 Oct 2013 - 01:16 am

MILAN: The Italian government plans to start selling state-owned assets by the end of the year to reduce its debts, with a stake...

Asda’a Burson-Marsteller grabs 9 awards 27 Oct 2013 - 01:15 am

From left: Michael Gallagher, President and Founder of the Stevie Awards, with Sunil John, CEO, and Bashar Al Kadhi, Chief Operating Officer of...

UPS third quarter profits rise 27 Oct 2013 - 01:14 am

United Parcel Service (UPS) aircraft are being loaded with air containers bound for their final destination at the UPS Worldport All Points International...

Apple’s Russia push likely to fizzle on price 27 Oct 2013 - 01:14 am

MOSCOW: Apple.’s push to win users in Russia, one of the countries where the latest iPhones went on sale on Friday, may fall...