Business

UK firms to have more presence in Qatar 03 Mar 2013 - 06:07 am

Doha: Lord Mayor of the City of London Alderman Roger Gifford said his two-day visit has resulted in several investment opportunities that will...

Qatar third major contributor to GDP in the Gulf region 03 Mar 2013 - 05:43 am

DOHA: The nominal gross domestic product of the GCC region reached a new record high of $1.56 trillion in 2012, up from $1.44...

Commercialbank steps up private banking strategy 03 Mar 2013 - 05:41 am

Officials pose for a group picture. Doha: Commercialbank has stepped up its private banking strategy for its network of clients and prospects. The...

Falling yen not to herald currency war 03 Mar 2013 - 05:41 am

Doha: The sharp depreciation of the Japanese yen this year has contributed to growing concerns about the outbreak of an undeclared currency war....

US-EU trade deal is best stimulus, says De Gucht 03 Mar 2013 - 05:41 am

WASHINGTON: Europe’s top trade official said yesterday that a proposed trans-Atlantic trade pact would be the best way to boost the sagging economies...

China’s natural gas drive likely to cut oil demand 03 Mar 2013 - 05:40 am

BEIJING: China’s drive to fuel more vehicles with cleaner-burning natural gas could reduce oil demand by nearly a tenth — equivalent to Turkey’s...

Stocks face roadblocks on Wall Street this week 03 Mar 2013 - 05:40 am

NEW YORK: If Wall Street needs to climb a wall of worry, it will have plenty of opportunity next week. Major US stock...

Britain’s Rolls, Bentley fight luxury battle for German owners 03 Mar 2013 - 05:39 am

LONDON: British carmakers Rolls-Royce and Bentley will unveil new vehicles at the Geneva Motor Show next week, joining battle in the fast-growing luxury...

Qatar hosts Natural Gas Conversion Symposium today 03 Mar 2013 - 05:39 am

DOHA: The 10th Natural Gas Conversion Symposium (NGCS) will begin here today. The five-day NGCS will be attended by over 300 researchers, scientists...

US review gives boost to Keystone oil pipeline 03 Mar 2013 - 05:39 am

WASHINGTON: The Keystone XL oil pipeline got a boost on Friday when the US State Department said the project would not likely change...

Fiscal talks fail, US stumbles towards steep budget cuts 02 Mar 2013 - 04:32 am

US President Barack Obama answers a question about sequestration at the White House in Washington, yesterday, following a meeting with US Speaker of...

Cathay Pacific cancels freighter aircraft order 02 Mar 2013 - 04:31 am

Hong Kong: Cathay Pacific Airways, the world’s largest international air-cargo carrier, said yesterday it will cancel an order for eight Boeing 777-200F freighters...

Hikma eyes options for injectables business 02 Mar 2013 - 04:31 am

Bangalore: Hikma Pharmaceuticals Plc said it is reviewing options for its lucrative injectables business after receiving several unsolicited expressions of interest, driving up...

Smartphone makers target China’s wealthy 02 Mar 2013 - 04:30 am

HONG KONG: Fancy a smartphone with a sapphire crystal screen, or one encrusted with precious stones? Taking aim at consumers with deep pockets,...

European stocks drop as traders eye Italy deadlock 02 Mar 2013 - 04:25 am

LONDON: Europe’s main stock markets fell yesterday as investors fretted over Italy’s post-election deadlock, poor economic data, looming US budget cutbacks and a...

Spending cuts 02 Mar 2013 - 04:24 am

A pedestrian walks past a sale poster on a street in a shopping district in Tokyo, yesterday.

Opec oil output rises 02 Mar 2013 - 04:22 am

LONDON: Opec crude oil output rose in February, the first monthly increase since October, due to higher exports from Iraq and a slight...

Smart device launches set to boost Laird revenue 02 Mar 2013 - 04:21 am

New York: Laird Plc, whose products include electronic components used in Apple Inc’s iPhones and iPads, said it expected 2013 revenue to be...