Business

Nintendo shares plunge on smartphone game delay 29 Oct 2015 - 09:09 am

Tokyo: Shares in Japanese videogame giant Nintendo plunged as much as 10 percent in Tokyo on Thursday morning, weighing on the Nikkei index,...

Samsung Electronics snaps losing streak with Q3 profit surge 29 Oct 2015 - 08:42 am

Seoul: Favourable exchange rates and a renewed focus on components saw South Korea's Samsung Electronics pull out of an extended earnings dive Thursday,...

US House passes two-year budget deal that averts default 29 Oct 2015 - 08:39 am

US Speaker of the House John Boehner. Washington: The US House of Representatives on Wednesday passed a bipartisan, two-year budget deal that boosts...

Long-term fundamentals for natural gas, LNG bright 29 Oct 2015 - 02:57 am

Alaa Abujbara, Qatargas Chief Operating Officer – Commercial and Shipping, at Gastech 2015 Conference in Singapore. DOHA: The long-term fundamentals for natural gas...

Qatar Shell supports strengthening of women’s role 29 Oct 2015 - 02:56 am

DOHA: As part of its mission to empower and develop women within the oil and gas industry and beyond, Qatar Shell participated in...

Ezdan Hotels: 150 specially equipped rooms to serve IPC Championships 29 Oct 2015 - 02:54 am

Participants at the IPC Athletics World Championships. DOHA: Ezdan Holding Group has signed an agreement with a committee of IPC Athletics World Championships...

Industries Qatar records QR3.8bn net profit 29 Oct 2015 - 01:21 am

DOHA: Industries Qatar (IQ), one of the region’s industrial giants with interests in the production of a wide range of petrochemical, fertiliser and...

Customs agents training program launches at Qatar Chamber 29 Oct 2015 - 12:00 am

Doha: A training program for customs agents started Wednesday at Qatar Chamber headquarters with a joint organization between the chamber and the General...

RasGas awards two major deals for Helium 3 project 29 Oct 2015 - 12:00 am

Doha: RasGas Company Limited (RasGas) announced the awarding of Helium 3’s sales and purchase agreement (SPA) and engineering, procurement and construction (EPC) agreement,...

Mini recalls 86,000 cars to fix power steering problems 28 Oct 2015 - 06:02 pm

DETROIT: Under pressure from U.S. safety regulators, BMW's Mini brand is recalling more than 86,000 cars because the power steering could fail. The...

Nakilat showcases Qatar marine sector at Singapore Expo 28 Oct 2015 - 05:14 pm

Doha: Qatar Gas Transport Company (Nakilat) is showcasing Qatarian marine industry at the Gastech 2015 Conference and Exhibition in Singapore this week, the...

Kuala lumpur conference to mull islamic SMEs 28 Oct 2015 - 04:54 pm

Kuala Lumpur: The General Council for Islamic Banks and Financial Institutions (CIBAFI) and the International Centre for Education in Islamic Finance (INCEIF) will...

Barclays to pay new chief Staley up to 8.24 million pounds a year 28 Oct 2015 - 04:32 pm

By Steve Slater LONDON: Barclays (BARC.L) will pay incoming chief executive James "Jes" Staley up to 8.24 million pounds a year after appointing...

Ferrari third-quarter earnings jump on higher vehicle shipments 28 Oct 2015 - 04:31 pm

A Ferrari logo is pictured at an annual fall drive, organized by a Ferrari club, in Fishkill, New York October 18, 2015. REUTERS ...

European shares rise as Riksbank helps ease Fed wait 28 Oct 2015 - 02:10 pm

By Marc Jones London: European stocks rose for the first time in three sessions on Wednesday after Sweden's central bank increased its bond-buying...

VW slumps to first quarterly loss in at least 15 years 28 Oct 2015 - 12:24 pm

BERLIN: Volkswagen posted its first quarterly loss in at least 15 years, slammed by costs related to its rigging of diesel emissions tests,...

Twitter posts $131.6 net loss in Q3 28 Oct 2015 - 11:51 am

Los Angeles: Twitter posted a net loss of $131.6 million during the third quarter of this year, compared to $175 million in the...

Volkswagen apologizes for emissions scandal at auto show 28 Oct 2015 - 11:14 am

TOKYO: A top Volkswagen executive Herbert Diess apologized at the Tokyo auto show Wednesday for the automaker's emissions-cheating scandal, promising to win back...