Business

Anxiety over Q2 results depresses markets; Sensex down 159 points 12 Oct 2015 - 02:53 pm

MUMBAI: Investor-anxiety over the ongoing quarterly results subdued Indian equity markets on Monday and led a barometer index to provisionally close with loss...

QNB holds preliminary talks to buy Turkey's Finansbank 12 Oct 2015 - 02:29 pm

DUBAI: Qatar National Bank (QNB), the Gulf Arab region's largest lender, is holding preliminary talks to buy National Bank of Greece's Turkish arm...

China stocks, yuan jump in heavy trade on stimulus hopes 12 Oct 2015 - 02:16 pm

An investor walks past an electronic board showing stock information at a brokerage house in Fuyang, Anhui province, China. (File Photo) By Samuel...

Five arrested over Air France violence: Police 12 Oct 2015 - 01:49 pm

Air France executive Pierre Plissonnier (centre) runs away from the demonstrators, after several hundred employees stormed the airline's offices in Roissy-en-France, on October...

Glencore puts Australian, Chile mines up for sale 12 Oct 2015 - 01:45 pm

ZURICH: Mining giant Glencore, under pressure from a crash in commodity prices and weighed down by debt, announced Monday it had begun talks...

Qatari stocks climb as earnings season kicks off 12 Oct 2015 - 12:38 am

By Satish Kanady DOHA: Qatar Exchange’s (QE) benchmark index edged up 0.86 percent yesterday as local retailers continued to be bullish ahead of...

Kuwait says won't slow development of oil projects 12 Oct 2015 - 12:00 am

KUWAIT: Kuwait will not slow the development of its oil industry projects in response to the fall of crude prices, its oil minister...

Qatar sees oil price recovery in 2016 11 Oct 2015 - 06:59 pm

DOHA: Qatar's oil minister said on Sunday he saw signs of an oil price rise in 2016 because of a recovery in the...

Qatar largest investor from Mideast in global real estate 11 Oct 2015 - 01:23 am

By Satish Kanady DOHA: Qatar was the largest source of Middle East’s capital outflow into the global real estate sector last year. Driven...

ExxonMobil to increase rate of Qatarisation 11 Oct 2015 - 01:21 am

There had been no layoff of Qatari nationals from company: Al Naemi DOHA: Abdullatif Mohammed Al Naemi (pictured), National Development Manager at ExxonMobil...

Barzan project likely to start by year-end 11 Oct 2015 - 01:20 am

Project to meet rising domestic gas demand, says QNB report DOHA: The first production from Qatar’s ambitious Barzan gas project is expected later...

Qatar’s growth accelerates despite lower oil prices 10 Oct 2015 - 04:58 pm

Lusail City is under construction north of Doha. According to an analysis released by QNB Group, these projects include the new USD40bn Doha...

Qatar ‘a partner not a market for Turkey’: Olpak 10 Oct 2015 - 12:35 am

By Sachin Kumar DOHA: The trade and business sector of Turkey considers Qatar as a partner and not a market, said the president...

QNB, Garanti and Chinese group interested in Finansbank stake 10 Oct 2015 - 12:33 am

ISTANBUL: Qatar National Bank, Turkey’s Garanti Bank and Fibabanka are interested in an anticipated sale by National Bank of Greece of a stake...

World finance leaders upbeat on China, may be ignoring risks 10 Oct 2015 - 12:00 am

Christine Lagarde and George Osborne. File photo. By David Chance LIMA: Global finance leaders believe China will weather its slowing growth and manage...

European shares rise as car makers rally 09 Oct 2015 - 12:00 am

By Danilo Masoni MILAN: European shares closed higher on Thursday as auto stocks gained, but investors remained wary about the global economic outlook...

Volkswagen's US boss blames "individuals" for cheating 09 Oct 2015 - 12:00 am

By Andreas Cremer and David Morgan BERLIN/WASHINGTON: Volkswagen's rigging of diesel emissions tests was not a company decision but the result of actions...

QNB Group’s 9-month profit up 9pc to QR8.7bn 08 Oct 2015 - 12:30 am

DOHA: Qatar National Bank (QNB) Group, the region’s largest lender, recorded an impressive net profit of QR8.7bn ($2.4bn) for the nine months ended...