Business

US jobless rate at nine-year low 03 Dec 2016 - 01:48 am

US employers boosted hiring in November and the unemployment rate dropped to a more than nine-year low of 4.6 percent, making it almost...

Qatar First Bank wins prestigious Islamic finance award 03 Dec 2016 - 01:46 am

Qatar First Bank (QIB), a leading Shari’ah compliant bank listed on the Qatar Stock Exchange (QSE), has been recognized as the ‘Best Shari’ah...

EPA to keep strict gas mileage standards in place 03 Dec 2016 - 01:39 am

The Obama administration has decided not to change government fuel economy requirements that force automakers to significantly increase the efficiency of new cars...

VW, BMW, Ford to set up charging network to spur E-Car demand 03 Dec 2016 - 01:37 am

Volkswagen AG, BMW AG and Ford Motor Co. plan to set up a European network for speedy charging of electric-car batteries as the...

Turks urged to sell dollars for lira and gold 03 Dec 2016 - 01:32 am

Ankara: President Recep Tayyip Erdogan (pictured) urged Turks yesterday to convert their foreign currencies into gold and lira to stimulate the country's economy...

Opec to meet non-Opec members on December 10 03 Dec 2016 - 01:31 am

Dubai: Opec will meet non-Opec countries to finalise a global oil limiting pact on December 10 in the Russian capital Moscow, two Opec...

EU may fill 'void' in global trade 03 Dec 2016 - 01:30 am

Warsaw: The European Union might fill a void in global trade left by the United States if the world's biggest economy turns more...

Dollar dips on Italy’s constitutional referendum 03 Dec 2016 - 01:29 am

London: The dollar was on course for its first weekly fall in four weeks against a basket of currencies yesterday after investors trimmed...

Two British banks fined for 1MDB-linked lapses 03 Dec 2016 - 01:28 am

Singapore: Singapore's financial regulator said yesterday it has fined two British banks and barred a former Goldman Sachs banker in a widening crackdown...

Indiana agrees $7m tax-break to keep Carrier jobs in state 03 Dec 2016 - 01:27 am

Washington: Indiana state officials have agreed to give United Technologies Corp $7m worth of tax-breaks to encourage the company to keep at least...

South Korea economy grows 0.6% 03 Dec 2016 - 01:26 am

South Korea's economy expanded 0.6 percent on-quarter in the third quarter of 2016 on the sagging growth of the manufacturing sector, the country's...

Airbnb plans to impose limit on home-sharing 03 Dec 2016 - 01:25 am

Airbnb will impose a 90-day limit on the sharing of private homes in London, the home rentals website has revealed amid fears over...

Peaks, black swans and bonanzas: Market tips, bold calls and eyecatchers for 2017 02 Dec 2016 - 12:54 pm

LONDON: Politics, economics and finance have all been turned on their head in 2016, and investors are already looking ahead to 2017 with...

Germany says receiving growing protectionism complaints in China 02 Dec 2016 - 12:39 pm

BEIJING: Germany is getting an increasing number of complaints from its companies about a rise of protectionism in China, while Germany is keeping...

Austria to bolster ties with Qatar 02 Dec 2016 - 11:51 am

Austria is looking to further bolster its ties with Qatar. After witnessing a jump in Austria’s exports to Qatar in 2015, the country...

Tunisia to turn $15bn investment pledges into jobs and growth 01 Dec 2016 - 11:20 pm

Tunis: Tunisia received nearly $15bn in pledges of investment and financial support (including $1.25bn from Qatar) at an international conference aimed at energising...

Nakilat transitions LNG vessel to in-house management 01 Dec 2016 - 11:18 pm

Nakilat has assumed full ship management and operations of Q-Max LNG carrier Al Ghuwairiya from STASCo (Shell Trading and Shipping Company Ltd) with...