Business

Armani creates foundation as succession issue looms 30 Jul 2016 - 05:21 am

Giorgio Armani appears at the end of a fashion show for Giorgio Armani Prive in Paris. MILAN: Italian fashion designer Giorgio Armani said...

Bank of Japan eases policy by doubling ETF buying, underwhelms expectations 30 Jul 2016 - 05:20 am

Bank of Japan (BOJ) Governor Haruhiko Kuroda (centre) attends a policy board meeting at the BOJ headquarters in Tokyo yesterday. TOKYO: The Bank...

GCC, Iran and Iraq to see higher oil output 30 Jul 2016 - 05:16 am

By Satish Kanady DOHA: The collapse in the capital expenditure has started to take the toll on global conventional energy output. The effects...

Insight: Iran’s global banking problems deepen with rise of Trump, Brexit 30 Jul 2016 - 12:00 am

A money changer displays U.S. and Iranian banknotes at the Grand Bazaar in central Tehran October 7, 2015. To match Insight IRAN-BANKING/ REUTERS/Raheb...

Opinion: Distressed debt diva Lynn Tilton speaks out on ‘unfair’ SEC trial 30 Jul 2016 - 12:00 am

New York financier Lynn Tilton arrives for an appeal hearing at the U.S. District courthouse in New York, September 16, 2015. Reuters/Brendan McDermid...

With eye on China, India doubles down on container hub ports 30 Jul 2016 - 12:00 am

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

Amazon revenue beats estimates as cloud sales surge 29 Jul 2016 - 02:03 am

An Amazon Fire tablet is displayed during a media event in San Francisco California, September 16, 2015. Reuters / Beck Diefenbach Amazon.com Inc...

QE index gains 117.91 points during past week 29 Jul 2016 - 12:49 am

DOHA: Qatar Exchange (QE) main index gained 117.91 points, or 1.12 percent, during the past trading week when the bourse closed yesterday at...

Special Report: In Venezuela’s murky oil industry, the deal that went too far 29 Jul 2016 - 12:00 am

A general view of the headquarters of the Venezuelan oil company PDVSA in Caracas, Venezuela July 21, 2016. REUTERS/Carlos Garcia Rawlins By Alexandra...

Analysis: EU leniency for Spain, Portugal signals softer economic path 29 Jul 2016 - 12:00 am

Portuguese president Marcelo Rebelo de Sousa makes a statement after the European Commission decided not to sanction Portugal, at Belem Palace in Lisbon...

Nobel economist Joseph Stiglitz calls Apple’s profit reporting in Ireland ‘a fraud’ 29 Jul 2016 - 12:00 am

“Our current tax system encourages companies to keep their money abroad, opens up a vast loophole through what is called the transfer-pricing system...

Insight: Turkey’s investment grade hangs in balance as post-coup purges deepen 29 Jul 2016 - 12:00 am

Men sit outside a discount clothing retail store in Istanbul, Turkey, July 13, 2016. REUTERS/Murad Sezer Purges raise concern about institutional weakening Moody’s...

Analysis: The identity crisis that led to Yahoo’s demise 28 Jul 2016 - 06:41 pm

A Yahoo logo is pictured in front of a building in Rolle, 30 km east of Geneva, in this file picture taken December...

Boeing says it could end 747 production 28 Jul 2016 - 03:55 pm

A Boeing 737 aircraft is seen during the manufacturing process at Boeing's 737 airplane factory in Renton, Washington May 19, 2015. (REUTERS/SAUL LOEB) ...

Lloyds plans 3,000 jobs cull, fresh branch closures after Brexit shock 28 Jul 2016 - 09:47 am

(Reuters) By Andrew MacAskill and Lawrence White LONDON: Lloyds Banking Group said on Thursday it would accelerate its cost cutting plan to help...

Qatar’s trade surplus touches QR8.3bn in June 28 Jul 2016 - 12:00 am

By Mohammad Shoeb DOHA: Qatar’s trade surplus in June 2016 stood at QR8.3bn, up nearly QR800m, or 10.6 percent, compared to QR7.5bn witnessed...

Oryx GTL awards 5-year contract to SNC-Lavalin 28 Jul 2016 - 12:00 am

DOHA: SNC-Lavalin, one of the leading engineering and construction groups in the world, yesterday announced that it has been awarded a five-year engineering...

Ezdan Holding’s profits jump 8% to QR927m in H1 28 Jul 2016 - 12:00 am

Ezdan Holding Group Chairman Sheikh Dr Khalid bin Thani bin Abdullah Al Thani and Group CEO Ali Mohammed Al Obaidli By Satish Kanady...