Business

Venezuela's Maduro is a suspect in PDVSA probe: Miami Herald 28 Jul 2018 - 09:00 pm

Venezuela’s President Nicolas Maduro is a principal suspect in a U.S. investigation into a scheme that’s embezzled more than $1 billion from the...

Cuba to study whether climate change is hurting sugar harvests 28 Jul 2018 - 08:26 pm

Havana: Cuba is studying whether to adjust its sugar-harvest calendar in response to damaging changes in the island's climate, an official newspaper reported...

Mideast set to emerge as major oil product exporters 28 Jul 2018 - 03:48 am

DOHA: The Middle East has been actively building refineries, not only to displace product imports, but to become a net refined product exporter....

China, BRICS push to shift world order amid trade threats 28 Jul 2018 - 03:48 am

Brazil, Russia, India, China and South Africa, representing about 40 percent of the world’s population and almost a quarter of its output, think...

Toyota plans to expand production, shrink cost of hydrogen fuel cell vehicles 28 Jul 2018 - 03:48 am

TOYOTA CITY: Toyota Motor Corp is doubling down on its investment in hydrogen fuel cell vehicles, designing lower-cost, mass-market passenger cars and SUVs...

Fox holders approve Disney merger and megadeal reaches next stage 28 Jul 2018 - 03:48 am

21st Century Fox Inc. shareholders approved the sale of the company’s entertainment assets to Walt Disney Co. Friday, moving one of the biggest...

Thomson Reuters Financial & Risk Business announces new firm Refinitiv 28 Jul 2018 - 01:22 am

DOHA: Thomson Reuters Financial & Risk business yesterday announced that following the closing of the strategic partnership transaction between Thomson Reuters and private...

Serbia refuses to extradite fugitive Romanian businessman Sebastian Ghita 27 Jul 2018 - 09:30 pm

BELGRADE, Serbia: A Serbian court has refused to extradite to Romania a fugitive businessman and former lawmaker indicted on wide-ranging corruption charges, saying...

New York City Council to consider pause in granting Uber licenses 27 Jul 2018 - 09:08 pm

New York City Council leaders are seeking a one-year halt on issuing new licenses for Uber and similar ride-hail vehicles, while a comprehensive...

Marchionne's final days leave Fiat investors in the dark 27 Jul 2018 - 09:08 pm

On a warm afternoon in Rome last month, Sergio Marchionne walked alongside uniformed officers during a ceremony to hand over a Jeep Wrangler...

China 'waterfall' skyscraper hit by torrent of ridicule 27 Jul 2018 - 10:42 am

Beijing: A skyscraper in southwest China that boasts what its owner calls the world's largest man-made waterfall has become the latest example of...

BRICS emerging economies reaffirm support for multilateral trade under WTO rules 27 Jul 2018 - 07:47 am

JOHANNESBURG: Leaders of the BRICS bloc of emerging economies, meeting in the wake of tariff threats by U.S. President Donald Trump, signed a...

An economic crisis awaits Pakistan's new leader Imran Khan 27 Jul 2018 - 07:47 am

A new government under Pakistan’s incoming leader Imran Khan will need to move quickly to tackle a brewing economic crisis. The former cricket...

QIMC reports QR108.2m net profits for H1, 2018 27 Jul 2018 - 06:16 am

DOHA: Qatar Industrial Manufacturing Company (QIMC) has reported a net profit of QR108.2m for the first half of this year (H1, 2018) marginally...

Draghi heads for summer break with sun shining on euro economy 27 Jul 2018 - 06:16 am

Mario Draghi can probably breathe a sigh of relief and enjoy his summer vacation. High levels of business and consumer confidence, expanding credit,...

BRICS nations pledge unity as trade war threatens 27 Jul 2018 - 06:16 am

Johannesburg: Five of the biggest emerging economies on Thursday stood by the multilateral system and vowed to strengthen economic cooperation in the face...