Business

Oil to rebound further this year: OPEC official 18 May 2015 - 05:22 pm

Kuwait City--Oil prices could continue to rebound in the second half of 2015 following signs of growth in demand and a drop in...

European stocks slide on Greek debt fears 18 May 2015 - 05:07 pm

London--Europe's main stock markets mostly slid Monday as the banking sector took a hit from concerns over Greece's unresolved crisis, dealers said. London's...

Endo to buy Par Pharmaceutical for $8.05 bn 18 May 2015 - 05:02 pm

New York--Endo International will buy Par Pharmaceutical Holdings in a $8.05 billion deal that will strengthen Endo's generic drugs business, the companies said...

Inquiry threat into Australian iron ore industry 18 May 2015 - 01:06 pm

Sydney---The huge iron ore industry in Australia faces the threat of a parliamentary inquiry amid claims the world's biggest miners, including BHP Billiton...

Cannes's glitz, B-grade movies booming TV trade 18 May 2015 - 01:00 pm

Cannes, France---You've seen the movie "Black Swan", but what about "White Swan"? Or "Avengers Grimm"? Or "Darker Shades of Grey"? Or "Attack of...

BHP spin-off South32 valued at $9.1 billion 18 May 2015 - 12:56 pm

Sydney---BHP Billiton's spin-off mining company South32 debuted on the Australian Securities Exchange on Monday at the lower end of expectations, valued at about...

Dollar rebounds after sinking 18 May 2015 - 12:51 pm

Tokyo---The dollar picked up on Monday after taking a hit from weak US data last week that had fuelled speculation the Federal Reserve's...

Tokyo stocks open 0.17% higher 18 May 2015 - 11:23 am

Tokyo---Tokyo stocks opened 0.17 percent higher on Monday after Wall Street chalked up another record close last week. The Nikkei 225 index at...

Qatar, Lebanon in business talks 18 May 2015 - 09:33 am

Doha: Minister of Economy and Commerce H E Sheikh Ahmed bin Jassim bin Mohammed Al Thani met Mohamed Choucair, Chairman of the Federation...

Commercial Bank launches leadership programme 18 May 2015 - 09:32 am

DOHA: Commercial Bank, Qatar’s first private bank, has launched its latest Future Leaders Executive Training Programme for staff at an official ceremony in...

Sheikh Abdul Aziz to head QIIB govt services 18 May 2015 - 09:31 am

DOHA: International Islamic (QIIB) has named Sheikh Abdul Aziz bin Abdullah bin Faysal Al Thani (pictured) as the head of the bank’s government...

QFC adds six more business network events 18 May 2015 - 09:30 am

Yousuf Al Jaida (fourth from left), Deputy CEO of QFC, and other senior business leaders at QFC’s 13th Networking Event for Business and...

Wyndham Grand Regency gets award 18 May 2015 - 09:28 am

Ayman Lotfy, Cluster General Manager of Wyndham Grand Regency Doha & Ramada Encore Doha, with other team members at the World Travel Awards...

QNB holds strategy meet in Muscat 18 May 2015 - 09:27 am

Participants at the annual strategy conference in Oman. DOHA: QNB Group held its Annual Strategy Conference in the Omani capital of Muscat. The...

Marriott Marquis City Center wins award 18 May 2015 - 09:26 am

FROM LEFT: Paul Marlow, Area Vice-President, Marriott International UAE & Africa; Philip Bryson, Senior Area V-P, Marriott International Middle East & Africa; Arne...

Global outlook brighter, but no rate hikes soon 18 May 2015 - 09:06 am

LONDON: Prospects for a step-change in global economic growth are better than they have been in many years, but much depends on solid...

Commercial Bank raises foreign ownership cap 18 May 2015 - 09:05 am

DOHA: Qatar Central Securities Depository (QCSD) yesterday announced the decision to raise the foreign ownership in Commercial Bank of Qatar (CBQ) to 49...

Qatar executives second highest paid 18 May 2015 - 09:05 am

Doha: With the GCC’s economic growth once again on an upswing, pay packages are now seeing a return to form following the dip...