Business

Bulgaria eyes 2.1% growth in 2016 budget 31 Oct 2015 - 09:19 am

Bulgarian government unveiled its 2016 budget, while also revising its 2015 deficit target of the previous budget. Sofia: The Bulgarian government unveiled Friday...

Oil groups slash costs, but investors spared 31 Oct 2015 - 12:00 am

Paris: Oil titans are slashing costs and investments as a plunge in oil prices batters profits but there is still one area they...

Oil prices rise as US production dips 31 Oct 2015 - 12:00 am

New York: Oil prices in New York rose for the third straight session Friday as US data showed a drop in oil output...

Demand for halal products rising: Report 31 Oct 2015 - 12:00 am

By Sachin Kumar DOHA: The Gulf Cooperation Council (GCC) countries are set play more crucial role in the fast growing halal market in...

Qatar Chamber launches training programme for customs agents 30 Oct 2015 - 02:01 am

DOHA: A training programme for customs agents started on Sunday at Qatar Chamber(QC) headquarters. The event is being jointly organized by the chamber...

Qatar calls for improving access to loans 30 Oct 2015 - 01:59 am

DOHA: The situation in the developing countries calls for broadening trade and investment activities, improving access to grants and loans along with putting...

Apple opens first Middle East outlets in UAE 30 Oct 2015 - 12:00 am

Customers queue outside a US tech-giant Apple shop during its opening day on October 29, 2015, at the Mall of the Emirates in...

LG mobile business sinks into the red in Q3 30 Oct 2015 - 12:00 am

Seoul: LG Electronics' mobile business dived into the red for the first time in 18 months during the third quarter, pulling down overall...

Sony, Panasonic post big profits as turnaround plans take hold 30 Oct 2015 - 12:00 am

People testing the new Playstation TV consoles. Tokyo: Two of Japan's biggest electronics giants booked soaring profits Thursday in a sign that efforts...

Shell suffers vast Q3 loss after scrapping projects 29 Oct 2015 - 05:10 pm

London: Shell dived into a $7.4-billion third-quarter net loss on huge write-downs after scrapping costly projects in Alaska and Canada, and on falling...

NY Times swings to profit as online subscriptions rise 29 Oct 2015 - 04:41 pm

New York: The New York Times Co. swung to profit in the third quarter as it boosted digital subscribers and kept a lid...

Tunisia central bank cuts interest rate to 4.25 pct from 4.75 pct 29 Oct 2015 - 01:52 pm

Tunis: Tunisia's central bank said on Thursday it had cut its main interest rate to 4.25 percent from 4.75 percent to boost economic...

Sony, Panasonic post big profits as turnaround plans take hold 29 Oct 2015 - 11:37 am

Sony CFO Kenichiro Yoshida speaks at a press conference to announce the company's first half financial results in Tokyo. AFP Tokyo: Two of...

Santander posts profit rise even as Brazil dwindles 29 Oct 2015 - 10:23 am

MADRID: Santander (SAN.MC), the euro zone's biggest bank, posted a near 5 percent rise in net profit in the third quarter from a...

Sony swings to big first-half profit on videogames, weak yen 29 Oct 2015 - 09:50 am

Tokyo: Sony on Thursday posted a six-month net profit of almost $1.0 billion, crediting its PlayStation videogame unit and a weak yen for...

China signs deal for 100 Airbus A320s: manufacturer 29 Oct 2015 - 09:20 am

Beijing: China signed a contract to buy 100 A320 aircraft from European manufacturer Airbus on Thursday, a spokesman for the firm told AFP,...

Dollar up on Fed's rate hint, yen boosted by Japan data 29 Oct 2015 - 09:13 am

The Federal Reserve headquarters in Washington, D.C. Tokyo: The dollar rallied Thursday on the Federal Reserve's upbeat outlook for the US economy and...