Business

Iran eyes $185 billion oil, gas projects after sanctions 23 Jul 2015 - 01:27 pm

An Iranian flag flutters in front of the United Nations headquarters, during an International Atomic Energy Agency (IAEA) board of governors meeting, in...

Greece passes second crucial bailout bill 23 Jul 2015 - 12:26 pm

Greek prime minister Alexis Tsipras votes during a session at the Greek parliament in Athens early on July 23, 2015. Athens: Greece's parliament...

Greek businesses warn of closures 23 Jul 2015 - 09:09 am

ATHENS: Greece risks seeing a wave of companies forced out of business within weeks because of restrictions on foreign transfers that have persisted...

European stocks fall on China, US woes 23 Jul 2015 - 09:07 am

London: European shares slid yesterday , with the mining sector hit by renewed concern over China and after disappointing earnings figures from US...

Gold slides 1pc to new five-year low 23 Jul 2015 - 09:06 am

LONDON: Gold fell more than 1 percent to a five-year low yesterday as a bounce in the dollar fuelled downside momentum, with investors...

Oil falls amid increasing US crude stocks 23 Jul 2015 - 08:47 am

NEW YORK: Oil prices fell yesterday as US government data showed crude inventories rose last week and as a stronger dollar and weaker...

Qatar bourse index down 98.23 points 23 Jul 2015 - 08:37 am

Doha: Qatar Exchange (QE) index dropped 98.23 points or 0.82 percent when the bourse closed yesterday at 11,911.31 points. The market capitalisation decreased...

Boeing earnings fall 23 Jul 2015 - 08:36 am

An August 2011 Boeing file photo shows a KC-46A tanker refueling F15s. US aerospace giant Boeing reported lower profits yesterday and trimmed its...

Qatar stock index down 98.23 points 22 Jul 2015 - 07:20 pm

DOHA: Qatar Stock Exchange (QSE) dropped 98.23 points (0.82 percent) when the bourse closed Wednesday at 11,911.31 points. The market capitalization decreased to...

Indian official to visit Iran to discuss oil dues - sources 22 Jul 2015 - 06:31 pm

Finance Secretary Rajiv Mehrishi. NEW DELHI: India's top financial official will visit Iran this weekend to discuss how to pay its oil import...

UAE to scrap fuel subsidies from August 22 Jul 2015 - 05:47 pm

Dubai: Leading oil producer the United Arab Emirates will scrap subsidies on petrol and diesel from August to cut spending as low crude...

Iran slaps import duty on wheat, barley, hurting hope for fresh trade 22 Jul 2015 - 04:00 pm

HAMBURG/DUBAI: Iran has imposed import duties on wheat and barley, an Iranian government regulation document seen by Reuters on Wednesday showed, hurting hope...

New York sell orders in thin trade trigger Shanghai gold rout 22 Jul 2015 - 03:18 pm

Gold bullion is displayed at Hatton Garden Metals precious metal dealers in London, Britain July 21, 2015. NEW YORK: In early Asian trading...

$100bn BRICS bank opens in Shanghai 22 Jul 2015 - 09:55 am

from left: New Development Bank (NDB) President Kundapur Vaman Kamath of India, China’s Finance Minister Lou Jiwei and Shanghai’s Mayor Yang Xiong, attend...

Most markets in Mideast rise 22 Jul 2015 - 09:53 am

Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New York yesterday. DUBAI: Most stock...

Ford launches F-150 pickup 22 Jul 2015 - 09:48 am

The passenger side view of the 2016 Ford F-150 Limited. Ford rolled out a deluxe version of its F-150 aluminum-bodied pickup truck yesterday....

Germany’s first full-fledged Islamic bank 22 Jul 2015 - 09:46 am

Officials cut a green ribbon to open KT Bank AG, Germany’s first full-fledged Islamic bank, in Frankfurt yesterday. The bank, which is a...

Vodafone cuts European CEO job to become more nimble 21 Jul 2015 - 01:21 pm

A shopper walks past a Vodacom shop in Johannesburg February 4, 2015. LONDON: Vodafone said the bosses of its four biggest European markets...