Business

Ghosn 'very comfortable' after Lebanon questioning: Lawyer 09 Jan 2020 - 05:46 pm

BEIRUT/TOKYO: Carlos Ghosn's lawyer said he was "very comfortable" with legal proceedings in Lebanon on Thursday, after the fugitive ex-Nissan boss was questioned...

Al Meera opens new branch as part of strategic expansion plan 09 Jan 2020 - 09:29 am

Al Meera Consumer Goods Company yesterday opened its latest branch in Rawdat Al Hamama area as part of the company’s expansion plan. Al...

Geopolitical uncertainty weighs on MENAT banking system: S&P 09 Jan 2020 - 09:29 am

Doha: Increased geopolitical uncertainty is weighing on the economic prospects of the Middle East, North Africa, and Turkey (MENAT), potentially undermining their banking...

Qatari non-oil exports set to exceed pre-blockade levels: QDB official 09 Jan 2020 - 09:17 am

Doha: Qatar, which is intensifying its economic diversification efforts, is set to exceed the value of its pre-blockade non-oil exports, an official from...

Qatargas launches 'Warm Their Hearts' campaign 09 Jan 2020 - 08:55 am

Doha: Qatargas Operating Company Limited (Qatargas) launched a new Corporate Social Responsibility (CSR) initiative in Korea, entitled “Warm Their Hearts,” in line with...

Middle Eastern airlines’ freight capacity increased by 2.6% in November 09 Jan 2020 - 08:48 am

Doha: The airlines in the Middle East region, including the three-major Gulf carriers, saw a freight capacity increase of 2.6 percent in November...

Buenos Aires bold slum renewal forges ahead amid hopes and concerns 08 Jan 2020 - 11:38 pm

BUENOS AIRES: Standing next to his self-built home reached by a steep ladder in a Buenos Aires slum, resident Miguel Romero is sceptical...

London, New York mayors urge cities to divest from fossil fuels 08 Jan 2020 - 11:37 pm

LONDON: The mayors of New York City and London have urged other cities to divest their pension funds from fossil fuel producers, as...

Stripping Italy's Atlantia of motorway concession may not be easy 08 Jan 2020 - 09:54 pm

MILAN: Leading members of Italy's ruling 5-Star Movement have called for Atlantia's motorways unit to be stripped of its concession following the deadly...

European shares rebound from early losses as US-Iran tensions ebb 08 Jan 2020 - 07:53 pm

European shares ended higher on Wednesday after Iran indicated the overnight missile strikes "concluded" its retaliation to the U.S. killing of General Qassem...

Citi struck a deal to offer hedge fund-like investments to the masses 08 Jan 2020 - 06:50 pm

Citigroup Inc. is teaming up with an online platform to make credit investments normally reserved for hedge funds and billionaires available in small...

Foreign firms wary as China launches investment law 08 Jan 2020 - 06:50 pm

Beijing: Accustomed to unfulfilled promises from the Chinese government, foreign businesses are keeping a wary eye on a nascent law aimed at addressing...

US legal firm hired by Nissan becomes target of Ghosn’s wrath 08 Jan 2020 - 06:16 pm

Latham & Watkins LLP, one of the world’s largest legal firms, was singled out by fugitive auto titan Carlos Ghosn as one of...

Markets stabilize after being roiled by Iran missile attack 08 Jan 2020 - 05:43 pm

NEW YORK: Markets are stabilizing in early trading on Wall Street after being roiled overnight following an Iranian missile attack on U.S. bases...

Takata recall of 10M inflators could be last of air bag saga 08 Jan 2020 - 05:43 pm

DETROIT: Takata is recalling 10 million more front air bag inflators sold to 14 different automakers because they can explode with too much...

Assassination elevates Soleimani as icon of resistance 08 Jan 2020 - 05:43 pm

Dubai: Portraits of Qasem Soleimani have been carried aloft in rallies from Gaza to Yemen, raising the prospect that his violent death will...

Ghosn claims Nissan, Renault lost billions since his arrest 08 Jan 2020 - 05:19 pm

Beirut: Fugitive auto tycoon Carlos Ghosn Wednesday claimed automaker Nissan lost $40 million daily and Renault 20 million euro per day since his...

US-Qatar Business Council to help enhance bilateral economic ties 08 Jan 2020 - 12:36 am

DOHA: The establishment of US-Qatar Business Council will further help enhance the bilateral trade and economic cooperation between Qatar and the US, noted...