Business

82 firms bag British Safety Council honours 29 Nov 2016 - 12:02 am

The British Safety Council presented the prestigious Sword of Honour and Globe of Honour Awards for the exemplary management of health, safety and...

PwC acquires technology consulting company NSI 29 Nov 2016 - 12:01 am

PwC Middle East announced yesterday that it has entered into an agreement to acquire NSI DMCC, an industry-pioneering technology consulting company headquartered in...

Qatar Steel participates in Big 5 Show 28 Nov 2016 - 11:55 pm

As a part of its marketing and promotion strategy and to consolidate its brand image in the region, Qatar Steel participated in The...

WTO calls US state's Boeing subsidies illegal in win for EU 28 Nov 2016 - 07:53 pm

Geneva: Subsidies given by the US state of Washington to Boeing are illegal, the World Trade Organization said Monday, in a victory for...

Lufthansa cancels 1,700 more flights due to strike 28 Nov 2016 - 05:24 pm

FRANKFURT: Lufthansa is cancelling about 1,700 flights on Tuesday and Wednesday due to a strike by pilots, it said on Twitter on Monday....

Chinese government money backs buyout firm’s deal for US chip maker 28 Nov 2016 - 05:14 pm

SAN FRANCISCO/NEW YORK/HONG KONG: Canyon Bridge Capital Partners, a buyout fund that agreed to acquire U.S.-based chip maker Lattice Semiconductor Corp for $1.3...

FOREX-Trumped-up dollar pauses for breath 28 Nov 2016 - 04:24 pm

LONDON: The dollar steadied against a basket of major currencies on Monday along with U.S. Treasury yields, taking a pause for breath after...

EIB to lend Tunisia 400 million euros 28 Nov 2016 - 03:28 pm

TUNIS: The European Investment Bank has agreed to grant Tunisia loans worth 400 million euros for youth and infrastructure projects, the Tunisian government...

Italian banks weigh on European stock markets 28 Nov 2016 - 03:23 pm

London: European stock markets retreated Monday, dragged down by falling banking stocks ahead of a crucial Italian referendum at the end of week....

Zimbabwe issues new currency, bond notes 28 Nov 2016 - 02:47 pm

HARARE, Zimbabwe: Zimbabwe has issued its own currency for the first time since 2009 to try to ease biting shortages of the U.S...

Gulf may have soft tone on oil concern 28 Nov 2016 - 09:22 am

DUBAI: Middle East stock markets may have a soft tone on Monday because of weak oil prices and technical barriers. Brent crude oil...

Oil tumbles as output cut looks elusive; dollar sinks 28 Nov 2016 - 08:05 am

TOKYO: The dollar and U.S. bond yields fell on Monday as investors reversed a "Trumpflation" trade that has gripped markets since the U.S....

Qatar's GDP expected to grow by 3.9%: Minister 27 Nov 2016 - 10:07 pm

The Qatari economy will continue to remain vibrant due to its strong macroeconomic fundamentals. Despite lower oil & gas prices, and global economic...

Euro economies may grow on fiscal stimulus: QNB 27 Nov 2016 - 10:06 pm

Some large Euro Area economies are expected to increase fiscal stimulus, which should offset some of the slowdown and help strengthen growth, said...

Surging homeowner loans in China raise alarms over debt 27 Nov 2016 - 10:04 pm

Beijing: Chinese household debt has risen at an “alarming” pace as property values have soared, analysts say, raising the risk that a real...

Russia poised to gain from oil output freeze 27 Nov 2016 - 10:02 pm

Moscow: With its oil output at record levels and state coffers running low, Russia has little to lose and much to gain from...

Retail stock rally leaves few bargains for investors on Wall Street 27 Nov 2016 - 10:01 pm

San Francisco: Wall Street expects consumers to open their wallets a little wider this holiday shopping season but bargains among red-hot retail stocks...