Business

Wrath of Spaniards 10 Jun 2013 - 12:29 am

A man walks past a branch of Spain’s lender Bankia with posters depicting former Bankia CEO Rodrigo Rato (left ) and Emilio Botin,...

Eurozone crisis over: Hollande 10 Jun 2013 - 12:29 am

TOKYO: The crippling debt crisis that has ravaged Europe for years is finished, France’s President Francois Hollande has declared, despite high unemployment and...

German Day of Aviation 10 Jun 2013 - 12:28 am

A woman takes a picture of an Airbus of Lufthansa at the airport Frankfurt Main, Germany. On the first day of the two-day...

Ezdan Holding signs deal with E-SEC for hotel rooms security 10 Jun 2013 - 12:27 am

Officials from Ezdan Holding Group and E-SEC sign the agreement. DOHA: Ezdan Holding signed a partnership with E-SEC to develop security & safety...

GWC inks MoU with Al Othman Holding 10 Jun 2013 - 12:26 am

DOHA: The Gulf Warehousing Company (GWC) has signed a memorandum of understanding (MoU) with Saudi-based Al Othman Holding providing for the establishment of...

China industrial output slightly weaker in May 10 Jun 2013 - 12:25 am

BEIJING: China’s industrial output expanded at a slightly slower pace in May while big ticket investment growth eased, the government announced yesterday, the...

Petronas delays Johor refinery start-up 10 Jun 2013 - 12:25 am

KUALA LUMPUR: Malaysian state oil and gas company Petronas has pushed back the completion date for its Johor refinery-petrochemical project to 2017 as...

Argentina, China to increase soybean, corn trade: Minister 10 Jun 2013 - 12:25 am

BUENOS AIRES: Argentina and China have agreed to expand their commercial ties by increasing soybeans and corn exports to the Asian country, Buenos...

UK manufacturers shun loans 10 Jun 2013 - 12:24 am

LONDON: British manufacturers are increasingly turning away from external funding to grow their businesses, a survey found, despite tentative signs that the cost...

High-wire act 10 Jun 2013 - 12:23 am

Workers of the Manila Electric Company (Meralco) install plastic isolators on overhead power lines as they perform preventive maintenance on electric cables before...

Sudan edges back from oil showdown 10 Jun 2013 - 12:22 am

KHARTOUM/JUBA: Sudan edged back from a day-old order to block all oil exports from South Sudan yesterday, saying it could reverse its decision...

UK lawmakers to thrash out bank reforms 10 Jun 2013 - 12:21 am

LONDON: New proposals to improve standards and culture within UK banks will be thrashed out by British lawmakers in important meetings next week...

Turkey unrest threatens its vital foreign cash 10 Jun 2013 - 12:21 am

ISTANBUL: With few customers to serve, the money changers near Istanbul’s Taksim Square jabber in annoyance behind their glass partition. Their volume of...

Bid consortium mulls options for Severn Trent takeover 10 Jun 2013 - 12:21 am

LONDON: British water firm Severn Trent has rejected a raised $8.2bn takeover bid, with a deadline for the suitors to make a formal...

Ranbaxy fraud hits Daiichi 10 Jun 2013 - 12:20 am

NEW DELHI: Daiichi Sankyo believed it had scored a coup in 2008 when it outbid rivals to buy Indian generics giant Ranbaxy for...

Campaign for enough food 10 Jun 2013 - 12:18 am

Supporters of the Enough Food for Everyone IF campaign gather at the Big IF rally to demand G8 action on the causes of...

Qatar Exchange index adds 44.88 points 10 Jun 2013 - 12:18 am

Doha: The Qatar Exchange index added 44.88 points or 0.48 percent to advance to 9,335.21 points from 9,290.33 on Thursday. The volume of...

UK to launch public sale of Lloyds shares, RBS later 10 Jun 2013 - 12:18 am

LONDON: British finance minister George Osborne will launch the early sale to the public of shares in bailed-out lender Lloyds Banking Group, the...