Business

Millions of SE Asian jobs may be lost to automation in next two decades-ILO 07 Jul 2016 - 09:36 am

File photo of garment workers in Cambodia. Reuters SINGAPORE: More than half of workers in five Southeast Asian countries are at high risk...

France wants to build financial capital of the future: Prime Minister 07 Jul 2016 - 01:18 am

FROM LEFT: French Finance Minister Michel Sapin, Paris Mayor Anne Hidalgo, French Prime Minister Manuel Valls and President of the Ile-de-France Region Valerie...

Airbus lags Boeing in order race ahead of Paris airshow 07 Jul 2016 - 01:17 am

An Airbus A380, the world’s largest jetliner, flies over a Boeing flag while landing at Le Bourget airport near Paris. Paris: Airbus goes...

Oil prices edge lower on demand worries 06 Jul 2016 - 04:56 pm

By Karolin Schaps LONDON: Oil edged lower for a third day on Wednesday, in response to uncertainty over the outlook for consumption due...

Siemens’ new electric motor makes first flight 06 Jul 2016 - 01:58 am

Record-setting propulsion system powering an Extra 330LE aerobatic airplane completing its first public flight at Schwarze Heide Airport near Dinslaken, Germany. DOHA: Siemens...

Fitch affirms Nakilat’s bonds rating 06 Jul 2016 - 01:57 am

DOHA: Fitch Ratings has affirmed Nakilat Inc’s senior bonds and the junior bonds. The $850m series A senior secured bonds due in 2033...

Saudi Arabia's oil reserves: how big are they really? 06 Jul 2016 - 12:00 am

By John Kemp LONDON: "How much oil lies beneath the desert sands of Saudi Arabia and how long will it last before running...

Shell seeks $2bln from Aramco in Motiva JV breakup 05 Jul 2016 - 01:01 pm

A Shell logo is seen reflected in a car's side mirror at a petrol station in west London, Britain. (REUTERS/TOBY MELVILLE/FILE PHOTO) By...

Sterling skids to new 31-year low on Brexit fallout worries 05 Jul 2016 - 12:28 pm

A generic picture of a some British sterling money in coins and bank notes. Reuters By Jemima Kelly LONDON: Sterling hit a fresh...

Oil falls below $50 on economic concerns 05 Jul 2016 - 12:07 pm

By Alex Lawler LONDON: Oil fell below $50 a barrel on Tuesday as concern about a potential slowdown in economic growth that would...

Gulf Craft launches second award-winning Majesty 122 05 Jul 2016 - 01:28 am

Majesty 122 superyacht. DOHA: Gulf Craft, the world’s innovative builder of luxury yachts and leisure boats, is set to announce the launch of...

Deloitte predicts revolutionary disruptive technologies in telecommunications 05 Jul 2016 - 01:27 am

DOHA: Deloitte in the Middle East has launched new services which provide support to clients in managing revolutionary disruptive technologies. The service has...

SriLankan Airlines launches Arabic website for Mideast travellers 05 Jul 2016 - 01:26 am

DOHA: SriLankan Airlines, the national carrier of Sri Lanka and a member the ‘One World’ alliance, has launched its Arabic website, providing its...

Petrochemicals to weigh on GCC’s Q2 earnings 05 Jul 2016 - 01:24 am

By Satish Kanady DOHA: GCC companies’ aggregate second quarter (Q2, 16) profits are expected to decline 10 percent year-on-year, led by 40 percent...

Qatar's Barwa Real Estate Q2 net profit nearly trebles 04 Jul 2016 - 09:25 am

DUBAI: Qatar's Barwa Real Estate, one of the Gulf Arab state's largest listed developers, reported a near-trebling of second-quarter net profit on Monday,...

Oil prices edge up as Brent pushes further above $50 04 Jul 2016 - 07:51 am

Singapore: Crude prices edged up in Asia on Monday, building on recent gains with Brent holding above $50 after Nigerian militants claimed fresh...

Siemens appoints new CFO for Mideast region 04 Jul 2016 - 12:56 am

DOHA: The German engineering giant Siemens has appointed Alia Al Rifai (pictured) as new Chief Financial Officer (CFO) of the company’s Middle East...

Al Tamimi appoints four new partners 04 Jul 2016 - 12:55 am

DOHA: Al Tamimi & Company, one of the largest law firms in the Middle East region, announced yesterday it appointed four lawyers to...