Business

British inflation holds at zero in March 14 Apr 2015 - 12:37 pm

London--Britain's annual inflation rate languished at a record-low of zero in March, as falling clothing and gas prices were offset by gains for...

ECB says banking sector continuing to heal 14 Apr 2015 - 12:35 pm

Frankfurt--Europe's battered financial sector is showing further signs of healing and the European Central Bank's raft of different policy measures are contributing to...

UK election uncertainty tops business concerns 14 Apr 2015 - 12:32 pm

London--British companies are chiefly concerned about uncertainties over next month's general election leading to caution over investment, according to a survey published by...

Nokia is in talks to buy all of Alcatel-Lucent 14 Apr 2015 - 11:19 am

Helsinki--Finland's Nokia announced on Tuesday that it was in advanced talks to purchase all of its Franco-American rival Alcatel-Lucent. "Nokia and Alcatel-Lucent confirm...

Major miners on credit watch as iron ore price plunges 14 Apr 2015 - 10:53 am

Sydney--Some of the world's biggest iron ore miners were Tuesday placed on "credit watch negative" by Standard and Poor's, as ore prices plunge...

Asian share markets lacklustre, profit-taking hits Hong Kong 14 Apr 2015 - 10:41 am

Hong Kong--Hong Kong retreated on profit-taking Tuesday after a near-15 percent rise over eight days, while Tokyo was hurt by a stronger yen...

Holcim AGM 14 Apr 2015 - 12:39 am

India woos German industry at Hannover 14 Apr 2015 - 12:37 am

German Chancellor Angela Merkel (left) and Indian Prime Minister Narendra Modi eye the robot ‘YuMi’ at the stand of ABB during the opening...

GIS drags down index after profit warning 14 Apr 2015 - 12:35 am

DUBAI: Qatar’s bourse fell yesterday after Gulf International Services (GIS) said weak oil prices were starting to hurt its drilling rig business. Most...

Low oil prices unlikely to dent most project ratings: S&P 14 Apr 2015 - 12:35 am

DOHA: Standard & Poor’s Ratings Services said yesterday the current low price of crude oil and natural gas is unlikely to have a...

Qatar IT market set for fast growth 14 Apr 2015 - 12:34 am

DOHA: The IT services market of Qatar is changing at a rapid pace. Qatar is expected to lead IT services spending in the...

China exports shrink 15pc in shock fall 14 Apr 2015 - 12:31 am

Iron ores being transported in Qingdao port in east China’s Shandong province as China suffered an across-the-board decline in trade in March. Beijing:...

ConocoPhillips to launch US asset sale 14 Apr 2015 - 12:29 am

ConocoPhillips CEO Ryan Lance in New York. New York: ConocoPhillips is preparing the sale of non-core oil and gas producing acreage in the...

European stocks hit by weak Chinese data 13 Apr 2015 - 07:26 pm

London--Europe's main stock markets closed mixed Monday as investors digested poor Chinese trade data that signalled fresh weakness in the world's second-biggest economy,...

Stronger franc slowing but not stalling Swiss economy: S&P 13 Apr 2015 - 07:14 pm

Zurich, April 13, 2015 (AFP) ---iss franc's recent surge will hit economic growth in the wealthy alpine nation but not as badly as...

Canadian firms AuRico and Alamos Gold to merge 13 Apr 2015 - 07:03 pm

Ottawa--Canadian gold companies AuRico and Alamos announced a plan to merge on Monday, in a share swap valued at US $1.5 billion. The...

US stocks open busy week with gains 13 Apr 2015 - 05:13 pm

New York--US stocks edged higher in opening trade Monday as a heavy week of earnings and economic data got underway. Five minutes into...

China March exports dive 13 Apr 2015 - 12:33 pm

Beijing--China suffered an across-the-board decline in trade in March, the government said Monday, days ahead of GDP data expected to show another slowdown...