Business

Top investors shun 12% bank returns in Nordic region 30 Aug 2016 - 12:00 am

By Frances Schwartzkopff It may seem odd to turn down returns of 12 percent in these days of negatives yields, but that’s what...

Wall Street fights to manage $100bn at endowments 30 Aug 2016 - 12:00 am

By Michael McDonald When the University of Connecticut sought help managing a slice of its small endowment, TIAA found it was competing with...

Qatar outperforms; adds 64.03 points 30 Aug 2016 - 12:00 am

Doha: Qatar’s stock market outperformed the Gulf yesterday as large-caps carried the index higher, but other bourses were little changed as a fresh...

Thomson Reuters Lipper announces 2016 Fund Awards 30 Aug 2016 - 12:00 am

DOHA: Thomson Reuters Lipper yesterday announced the winners of the Middle East and North Africa Markets and Global Islamic Fund Awards 2016. These...

Leading Arab banks set to participate in SWIFT event 30 Aug 2016 - 12:00 am

DOHA: QNB Group will be among more than 200 delegates and exhibitors from the Arab region expected to take part in Sibos 2016,...

Facebook will not become a media company: CEO 30 Aug 2016 - 12:00 am

Rome: Facebook Inc will not become a media company, its founder and CEO Mark Zuckerberg said yesterday, telling students the firm would remain...

NMC Health expands into Saudi and raises 2017 EBITDA forecast 30 Aug 2016 - 12:00 am

ABU DHABI: NMC Health said yesterday it had expanded into Saudi Arabia through an investment and an acquisition, the first foray into the...

Automobile sales push US consumer spending 30 Aug 2016 - 12:00 am

Cars for sale at a Toyota Scion dealer in Hollywood, California. US consumers spent at a solid pace in July while the key...

Nissan’s 2017 Patrol with new V6 engine to make debut in Mideast 30 Aug 2016 - 12:00 am

A Nissan official with the new 2017 Patrol. Doha: Nissan yesterday announced the launch of its new ‘2017 Patrol V6’ which makes its...

Genesis G90 to arrive in Mideast market next month 30 Aug 2016 - 12:00 am

DOHA: Genesis, the luxury automotive division of the South Korean automobile manufacturer Hyundai Motor Company, will enter the Middle East market, with the...

Fiat Chrysler CEO eyes Samsung deal in hunt for tech partner 30 Aug 2016 - 12:00 am

Rome: Fiat Chrysler Automobiles NV Chief Executive Officer Sergio Marchionne (pictured) is looking into a tie-up with Samsung Electronics Co, as the Italian-American...

Cyber threat grows for bitcoin exchanges 30 Aug 2016 - 12:00 am

A Bitcoin paper wallet with QR codes and coins at La Maison du Bitcoin in Paris. By Gertrude Chavez-Dreyfuss When hackers penetrated a...

India’s $120bn tourism industry woos Qatari investors 30 Aug 2016 - 12:00 am

From left: Varun Sood of Invest India, India Tourism Assistant Director I R V Rao, Ambassador of India to Doha Sanjiv Arora, CII...

Nakilat-Damen delivers 5 vessels to New Port Project 30 Aug 2016 - 12:00 am

Caption DOHA: Nakilat Damen Shipyards Qatar (NDSQ), one of the region’s leading ship-building companies, has delivered five brand new vessels as part of...

QFBA launches Kawader programme for fourth year 30 Aug 2016 - 12:00 am

Qatar Finance and Business Academy CEO Dr. Abdulaziz Al Horr and Qatar Financial Center Authority CEO Yousuf Mohamed Al Jaida at the meeting. ...

German trade group slashes exports forecast as Brexit hit looms 29 Aug 2016 - 03:44 pm

BGA cuts 2016 growth view to 1.8-2.0 pct from 4.5 pct Its head sees “massive” Brexit repercussions soon Says German exports to stagnate,...

Adani clears another legal hurdle for Australian coal project 29 Aug 2016 - 03:09 pm

Indian billionaire Gautam Adani speaks during an interview with Reuters at his office in Ahmedabad April 2, 2014. REUTERS / Amit Dave Sydney:...

Iraqi government, Kurds to start talks about oil dispute: Iraqi spokesman 29 Aug 2016 - 02:34 pm

BAGHDAD: The Iraqi government and the Kurdish regional authorities in northern Iraq will discuss a dispute on oil revenue sharing during bilateral talks...