Business

Gold weighed down by stronger dollar 28 Dec 2016 - 08:58 pm

London: Gold was little changed yesterday, off a near two-week high hit in the previous session and weighed down by a stronger dollar...

Nissan introduces 'Drive Innovation' for test drive 28 Dec 2016 - 08:58 pm

Always looking to push boundaries and deliver the very best experience to its customers – including potential ones – Nissan has turned its...

Oil holds near annual peaks 28 Dec 2016 - 08:53 pm

London: Oil prices edged up for a fourth consecutive session yesterday, close to their peaks since mid-2015, with the market awaiting evidence of...

Kuwait to start importing gas from Iraq: ministers 28 Dec 2016 - 07:38 pm

Kuwait City: Kuwait is set to begin importing up to 200 million cubic feet of gas daily from neighbouring Iraq, oil ministers from...

Japan back in deflation doesn't mean all prices are falling 28 Dec 2016 - 06:49 pm

Shinzo Abe and Haruhiko Kuroda promised to drag Japan out of decades of deflation in 2013. That hasn't happened yet, with core inflation...

How JPMorgan could not save Italy’s problem bank 28 Dec 2016 - 05:49 pm

MILAN/LONDON: On the morning of July 29, former Italian Industry Minister Corrado Passera was travelling in a high-speed train towards the medieval city...

Behind Tata-Mistry clash, a distinct set of governance rules 28 Dec 2016 - 05:31 pm

NEW DELHI/MUMBAI: When Ratan Tata retired as chairman of Tata Sons Ltd in 2012, he proposed a change in the laws governing the...

Global diamond business roiled as cash crunch hits Indian stone cutting 28 Dec 2016 - 05:22 pm

SURAT, India/TORONTO: The global diamond industry is facing disruption that could stretch through the first few months of next year, including Valentine’s Day...

Tokyo stocks flat in thin holiday trade 28 Dec 2016 - 09:55 am

Tokyo: Tokyo shares closed flat in thin holiday trading on Wednesday, with Toshiba nosediving more than 20 percent after the firm said it...

Toshiba shares fall 20% after it flags one-off loss 28 Dec 2016 - 09:54 am

Tokyo: Toshiba shares dived more than 20 percent Wednesday, their second straight double-digit plunge, as the company said it may book a one-time...

LeEco sports unit reaches deal over unpaid English soccer rights bill 28 Dec 2016 - 09:48 am

SHANGHAI: The sports unit of cash-strapped Chinese technology giant LeEco will continue to broadcast English Premier League soccer games over the New Year...

Mexico to raise gas price by 20% 28 Dec 2016 - 09:10 am

Mexico City: Mexico announced double-digit price increases Tuesday for gasoline and diesel, its latest move to deregulate the energy sector and open the...

GWC receives coveted ISO certification 27 Dec 2016 - 09:06 pm

GWC, the leading logistics provider in Qatar, has recently received its certification for its Integrated Management System, renewing its suite of three international...

Early China data show economy on firmer footing 27 Dec 2016 - 09:03 pm

Beijing: China’s economy is closing out the year on a high note as the earliest December indicators show no sign expansion is faltering...

Gulf Air revamps Beirut schedule 27 Dec 2016 - 09:00 pm

Gulf Air, Bahrain’s national carrier, will implement a modified daily flight schedule to and from the Lebanese capital Beirut from January 19, in...

Sales of ultra-long US bonds unlikely 27 Dec 2016 - 09:00 pm

New York: The likely absence of a dip in the tail-end of the yield curve helps tell you why the US Treasury probably...

Qatar Airways Cargo to add four new destinations 27 Dec 2016 - 09:00 pm

Qatar Airways Cargo announced yesterday that it will launch freighter operations to four new destinations in the Americas starting February 2. Boeing 777...