Business

US economy grew more than expected in third quarter 24 Nov 2015 - 05:10 pm

Washington: The US economy expanded more than expected in the third quarter but growth remained well below the pace of the second quarter,...

QNB Organizes 3rd Asset Management Forum 24 Nov 2015 - 05:02 pm

Doha: Qatar National Bank (QNB) hosted the 3rd Asset Management Forum, which focused on providing financial corporate solutions and discussed relevant economic and...

German prosecutors confirm launch of second probe at Volkswagen 24 Nov 2015 - 03:17 pm

HAMBURG: German prosecutors in Braunschweig said they had launched a second formal probe related to the emissions scandal at Volkswagen, focusing on five...

Oil rises on Middle East tensions, weaker US dollar 24 Nov 2015 - 12:54 pm

By Karolin Schaps LONDON: Oil prices rose on Tuesday as tensions in the oil-rich Middle East escalated following the downing of a Russian-made...

Rolls-Royce sets out turnaround strategy 24 Nov 2015 - 10:58 am

LONDON: British engineering company Rolls-Royce said it would launch a major restructuring programme, as its new chief executive Warren East gave further details...

Oil prices up in Asia ahead of OPEC meeting, US report 24 Nov 2015 - 09:37 am

Singapore: Oil prices climbed in Asia Tuesday before a meeting of the OPEC oil cartel and a report on US commercial crude inventories...

Dollar holds euro gains but dips against emerging units 24 Nov 2015 - 09:16 am

Tokyo: The dollar held its gains against the euro Tuesday as markets bet on a Federal Reserve rate hike next month, while emerging...

Milaha’s Halul brings first ship handling simulator to Qatar 24 Nov 2015 - 01:54 am

Milaha Chairman Sheikh Ali bin Jassim Al Thani, Milaha’s President and CEO Abdulrahman Essa Al Mannai and Halul’s CEO Vivek Seth at the...

Lulu finalises Malaysian launch plan 24 Nov 2015 - 12:04 am

Lulu Group Chairman and Managing Director Yusuffali MA (right) during the official luncheon hosted by Malaysian Prime Minister Najib Abdul Razak (centre) in...

QP honours 629 long-serving staff 24 Nov 2015 - 12:03 am

Abdulaziz Mohammed Al Mannai, Executive VP, Human Capital, honouring a QP staff yesterday in Doha. DOHA: Qatar Petroleum (QP) has honoured its 629...

Financial leaders to attend 2015 Euromoney Conference 24 Nov 2015 - 12:03 am

DOHA: Some of the most influential figures from Qatar’s government, financial and public sectors are set to attend and speak at the upcoming...

Qatar stock index drops 160.45 points 24 Nov 2015 - 12:02 am

Doha: Qatar Exchange index dropped 160.45 points, or 1.48 percent when it closed at 10,675.74 points yesterday. Banks and financial services sector dropped...

Mannai Corporation plans to acquire 51% Gfi Informatique's share 24 Nov 2015 - 12:00 am

Doha: Mannai Corporation, together with Apax France (jointly with Altamir) and Boussard & Gavaudan, today announced they have entered into exclusive negotiations to...

QNB ‘Best Foreign Exchange Provider’ 24 Nov 2015 - 12:00 am

DOHA: Qatar National Bank (QNB), ‘The Leading Financial Institution in the Middle East and North Africa’, was recently distinguished as the “Best Foreign...

Qatargas forum facilitates exchange of ideas on LNG 24 Nov 2015 - 12:00 am

DOHA: Qatargas recently hosted the 12th Annual Engineering Forum at Al-Waha Club Ballroom, Al Khor, which provided engineering experts from the LNG sector...

Kia to introduce autonomous driving technologies by 2020 24 Nov 2015 - 12:00 am

SEOUL: Kia Motors has today announced significant investment into the development of new autonomous driving technologies. By 2020, Kia plans to introduce a...

Qatar Airways wins award for China service 24 Nov 2015 - 12:00 am

Qatar Airways VP, North Asia Paul Johannes (right) accepts the award at the 2015 Business Traveller China Awards. DOHA: Qatar Airways has once...

Oil slides back lower after spike on Saudi statement 23 Nov 2015 - 04:32 pm

By Amanda Cooper LONDON: Oil prices fell on Monday, releasing fleeting gains made after the Saudi Arabian cabinet reiterated its commitment to work...