Business

Bradma Qatar Foods launches new identity 22 Jun 2018 - 05:45 am

DOHA: Bradma Qatar Foods, the leading name in food wholesale and retail, recently revealed the organisation’s new visual identity at an event here....

Junior UK trade minister resigns over plans to expand Heathrow airport 21 Jun 2018 - 08:56 pm

LONDON: A British trade minister resigned from the government on Thursday to oppose its plans to build a third runway at London's Heathrow...

Venezuela says U.S. sanctions hurt oil market stability 21 Jun 2018 - 02:43 pm

VIENNA: U.S. sanctions on Venezuela are an attack against the stability of the global oil market, Venezuelan Oil Minister Manuel Quevedo said on...

Merkel pledges $100M loan for troubled Jordan 21 Jun 2018 - 02:14 pm

AMMAN, Jordan: German Chancellor Angela Merkel on Thursday promised a $100 million loan to troubled Jordan, where mass protests over austerity measures forced...

Barwa Bank and International Bank of Qatar in advanced merger talks: Report 20 Jun 2018 - 02:45 pm

LONDON: Qatari lenders Barwa Bank and International Bank of Qatar are in advanced talks to merge after discussions for a three-way merger with...

European shares post modest rebound as trade war fears linger on 20 Jun 2018 - 11:42 am

LONDON: European shares opened higher on Wednesday but the modest rebound failed to erase the previous session's losses as investors' fears about the...

European business lobby says time is running out for China's reforms 20 Jun 2018 - 10:35 am

BEIJING: Time is running out for Beijing to fulfil its reform promises if it hopes to maintain stable growth, a top European business...

Lapses at many levels of bank led to India's huge PNB fraud, internal report shows 20 Jun 2018 - 09:03 am

MUMBAI/NEW DELHI: A $2 billion fraud at India's Punjab National Bank (PNB) may have been orchestrated by a few rogue employees, but it...

France, Germany agree to set up eurozone budget: Merkel 19 Jun 2018 - 06:35 pm

Meseberg, Germany: France and Germany have agreed to set up a common budget for the eurozone, Chancellor Angela Merkel said Tuesday, announcing a...

EU leaders to urge progress on digital tax despite concerns, draft says 19 Jun 2018 - 03:07 pm

BRUSSELS: European Union leaders are expected to call for progress on new rules to tax companies' digital revenues at a summit next week...

VW, Audi resume crisis talks after Audi CEO arrest - sources 19 Jun 2018 - 01:18 pm

Munich: Volkswagen bosses were locked in a second day of hastily convened meetings to address a leadership crisis sparked by the arrest of...

China accuses Trump of 'blackmail' after new tariffs threat 19 Jun 2018 - 09:32 am

Beijing: Beijing on Tuesday accused Donald Trump of "blackmail" and warned it would retaliate in kind after the US president threatened to impose...

Second oil storage tank on fire in fighting at Libya's Ras Lanuf 17 Jun 2018 - 08:21 pm

BENGHAZI, Libya: An oil storage tank at the Ras Lanuf port in Libya was ablaze on Sunday amid fighting between rival factions for...

Fears about US economic recession premature: QNB 17 Jun 2018 - 05:15 pm

DOHA: The US economy’s current golden conjuncture of strong growth, moderate inflation, and gentle interest rate hikes looks set to extend into at...

Trump sets $50 bln in China tariffs with Beijing ready to strike back 15 Jun 2018 - 03:56 pm

WASHINGTON/BEIJING: US President Donald Trump announced hefty tariffs on $50 billion of Chinese imports on Friday as Beijing threatened to respond in kind,...

Volkswagen agrees to $1.2bn fine as diesel crisis grinds on 15 Jun 2018 - 12:43 am

Volkswagen AG will pay $1.2bn fine imposed by German prosecutors for cheating to get around diesel-emissions regulations, closing one chapter in a three-year-old...