Business

China, Norway may team up in search for Arctic oil 14 Nov 2013 - 07:08 am

OSLO: Norway is deciding whether to team up with China to explore for oil in Iceland, Icelandic authorities said, setting up a rare...

BoE more upbeat on economy 14 Nov 2013 - 07:07 am

An employee walks over a mosaic floor at the Bank of England in London yesterday. LONDON: Britain’s unemployment rate will fall much faster...

ECB urged to follow US in managing euro 14 Nov 2013 - 07:07 am

HANOI: European Commission Vice President Antonio Tajani yesterday said the euro was overvalued and urged the zone’s central bank to help exporters by...

Indian refiners puzzled over Iran request for euro oil payment 14 Nov 2013 - 07:06 am

NEW DELHI: Indian refiners have asked the government to clarify if they can pay Iran for crude in euros after the National Iranian...

H1 profits grow for Sainsbury’s 14 Nov 2013 - 07:06 am

LONDON: Supermarket chain Sainsbury’s yesterday announced a rise in first-half net profits as its share of Britain’s grocery market hit the highest level...

Committee to study carbon capture challenges 14 Nov 2013 - 06:06 am

Directorate at Qatar Petroleum Saif Al Naimi addresses the final session yesterday. DOHA: The second Doha Carbon and Energy Forum (DCEF) that concluded...

Emir meets Total chief 13 Nov 2013 - 07:23 am

The Emir H H Sheikh Tamim bin Hamad Al Thani with the Chairman of the Board of Directors and Chief Executive Officer of...

US solar tech leader plans to boost ties with Kahramaa, QP 13 Nov 2013 - 07:21 am

The Managing Director of SunPower Middle East, Laurent Loungeut. Shaival Dalal BY MOHAMMAD SHOEB DOHA: US-based solar technology leader, SunPower — backed by...

S&P upgrade will help attract more investors: QE CEO 13 Nov 2013 - 07:21 am

DOHA: The recent decision by Standard & Poors (S&P) Dow Jones to upgrade the Qatari market from a ‘Frontier Market’ to ‘Emerging Market’...

Oil prices mixed on Mideast, US supply factors 13 Nov 2013 - 07:20 am

LONDON: Global oil prices traded mixed yesterday as dealers weighed up supply factors in the Middle East and US, analysts said. New York’s...

Women discuss key issues in doing business 13 Nov 2013 - 07:17 am

Officials and the eight distinguished women who were honoured for their services to business and their professions with their awards at the gala...

US to be world’s top oil producer in 2015 13 Nov 2013 - 07:17 am

LONDON: The US will stride past Saudi Arabia and Russia to become the world’s top oil producer in 2015, the West’s energy agency...

Sterling set for more gains against euro 13 Nov 2013 - 07:16 am

LONDON: Sterling is poised to gain further against the euro, with the Bank of England expected to flag this week that interest rates...

WTO chief urges last-ditch talks 13 Nov 2013 - 07:16 am

GENEVA: Trading nations are achingly close to a draft deal on easing barriers to global commerce as a crunch summit looms and must...

Mixed trading across Gulf bourses 13 Nov 2013 - 07:15 am

Men walk pass a sign at the stock market in Dubai yesterday. Doha/DUBAI: Major Gulf stock markets went in opposite directions yesterday as...

Do not get overtaken by property market exuberance, IMF tells Dubai 13 Nov 2013 - 07:13 am

DUBAI: Dubai’s government has to make sure its property market is driven by fundamental factors, not speculation, and be ready to act if...

Arab oil exporters may see budget gaps in 2016: IMF 13 Nov 2013 - 07:13 am

DUBAI: The Arab world’s energy exporting states are not saving enough of their oil windfall and as a group may start running a...

Broadband lifts Omantel profits 13 Nov 2013 - 07:12 am

DUBAI: Oman Telecommunications (Omantel) reported a 3.9 percent rise in third-quarter profit yesterday, beating analyst estimates as broadband revenue increased. The former monopoly...