Business

Dubai's Al Maktoum airport to gear up for Emirates' move 07 Oct 2015 - 05:28 pm

DUBAI: Dubai's Al Maktoum International Airport will begin the preparations next year for Emirates Airlines to move operations there in about a decade,...

Gulf surges on strong oil, bank earnings; Egypt up 07 Oct 2015 - 05:06 pm

By Andrew Torchia DUBAI: Major Middle East stock markets rose on Wednesday as a leap in oil prices boosted petrochemical and energy-related shares...

Head of UK fund industry trade body quits abruptly 07 Oct 2015 - 02:20 pm

By Simon Jessop and Carolyn Cohn LONDON: The head of Britain's fund industry trade body quit his job on Wednesday following reports that...

VW recall to start in January, be completed end-2016: CEO 07 Oct 2015 - 12:23 pm

New Volkswagen CEO Matthias Mueller BERLIN: Volkswagen Chief Executive Matthias Mueller said in an interview with a German newspaper that the company would...

Tokyo stocks close higher as BoJ holds on stimulus 07 Oct 2015 - 10:47 am

Tokyo: Japanese stocks extended gains to a sixth session Wednesday after the Bank of Japan decided to hold fire on fresh stimulus measures...

Attiyah: Technology key for sustainable development 07 Oct 2015 - 12:35 am

H E Abdullah bin Hamad Al Attiyah addressing the forum. DOHA: The role of technology in the future of sustainable energy is quite...

QPMC signs affreightment deal with Hyundai Glovis 07 Oct 2015 - 12:34 am

Hyundai Glovis CEO, Kyung-Bae Kim (left) and QPMC CEO Eisa Al Hammadi exchanging documents at the signing ceremony. DOHA: Qatar Primary Materials Company...

European equities build on hefty gains 06 Oct 2015 - 05:02 pm

London: European stock markets rose on Tuesday, building on hefty gains won in the previous session, with the aviation and beverage sectors were...

Gold gains on softer dollar, views on Fed rate outlook 06 Oct 2015 - 03:35 pm

By Clara Denina LONDON: Gold continued to gain on Tuesday as the dollar eased in the wake of disappointing US economic data that...

Changes won't be painless: New VW CEO tells staff 06 Oct 2015 - 02:02 pm

WOLFSBURG, Germany: New Volkswagen Chief Executive Matthias Mueller warned staff at a meeting on Tuesday that changes at the company would not be...

Trade deal, easy monetary policy boost Asia stocks 06 Oct 2015 - 09:10 am

Hong Kong: Agreement on a Pacific-wide free-trade agreement and hopes major central banks will maintain extra-loose monetary policies fired another rally in Asian...

Qatar pension fund focuses heavily on local equities 06 Oct 2015 - 12:07 am

GCC public pension funds hit $397bn GCC public pension funds hit $397bn DOHA: The size of GCC’s public pension funds stands at $397bn,...

US motorists opt for larger vehicles, lower fuel economy 05 Oct 2015 - 06:21 pm

By John Kemp LONDON: U.S. motorists are opting for larger, more powerful cars with worse fuel economy in response to the sharp drop...

China appetite for pricey contemporary art 'suddenly evaporates' 05 Oct 2015 - 05:51 pm

Representational image PARIS: A cooling national economy has apparently decimated China's appetite for high-priced contemporary art, according to the latest figures from Artprice,...

Doha to Host Euromoney 2015 05 Oct 2015 - 05:26 pm

DOHA: Under the patronage of HE the Prime Minister and Minister of Interior Sheikh Abdullah bin Nasser bin Khalifa Al Thani, The State...

European equities rebound on receding rate fears 05 Oct 2015 - 05:02 pm

LONDON: European stock markets rebounded strongly Monday, after hefty gains elsewhere, as weak US data fuelled talk the US Federal Reserve would not...