Business

QFC sees growth in new firms 08 Mar 2015 - 01:38 am

BY MOHAMMAD SHOEB DOHA: The Qatar Financial Centre (QFC) witnessed a remarkable growth in the number of new firms registered in 2014 compared...

QIB gets annual STP award from StanChart 08 Mar 2015 - 01:34 am

Doha: Qatar Islamic Bank (QIB), Qatar’s leading Islamic Bank, has been conferred the prestigious annual STP Award presented by Standard Chartered Bank for...

Fitch upgrade confirms economy’s strength 08 Mar 2015 - 01:33 am

DOHA: H E Ali Sherif Al Emadi (pictured), Minister of Finance, said yesterday that Fitch Ratings update of Qatar’s credit rating to AA...

Greece must reform and forget Syriza’s promises: Coene 08 Mar 2015 - 01:31 am

Greek Finance Minister Yanis Varoufakis (centre) upon his arrival to attend the conference ‘Assessing Risk: Business in Global Disorder’ at the Aspen Institute...

Google chief, Huffington see new technology boosting jobs 08 Mar 2015 - 01:28 am

London: New technologies are capitalising on the jobs market and in the workplace, said Arianna Huffington and Google executive chairman Eric Schmidt at...

Qatargas to restart Train 4 on March 25 08 Mar 2015 - 01:12 am

DOHA: Qatargas has shut down one of its liquefied natural gas (LNG) production plants, known as Train 4, for planned maintenance and expects...

Microsoft sues Japan's Koycera for patent infringement 07 Mar 2015 - 10:41 pm

New York---US-based Microsoft is suing high-tech manufacturer Kyocera for patent infringement over technology used in the Japanese company's cellular phones. Microsoft claims Kyocera's...

Google gearing Android for virtual reality 07 Mar 2015 - 10:37 pm

New York---Internet giant Google is making a version of its Android operating system to power virtual reality apps, the Wall Street Journal reported....

France pledges 8.0 billion euros to Juncker growth plan 07 Mar 2015 - 10:52 am

Luxembourg--France will commit 8.0 billion euros ($8.7 billion) as part of European Commission President Jean-Claude Juncker's plan to boost economic growth, President Francois...

Alcoa mulls more capacity cuts 07 Mar 2015 - 10:39 am

New York--US aluminum giant Alcoa said Friday that it is weighing more cutbacks in its smelting and refining operations worldwide in the face...

Dollar soars on strong US jobs report 07 Mar 2015 - 10:36 am

New York--The dollar soared Friday after a surprisingly strong US jobs report lifted expectations the Federal Reserve will raise interest rates as early...

Oil price dives after US jobs report 07 Mar 2015 - 03:02 am

New York: A robust US jobs report yesterday sent the dollar soaring, driving a sell-off in the oil market that left the US...

European stocks close mixed 06 Mar 2015 - 11:04 pm

Paris - Europe's main stock markets finished the day mixed on Friday with London's benchmark FTSE 100 index down 0.71 percent to 6,911.80...

Euro tumbles though $1.09 as ECB bond-buying nears 06 Mar 2015 - 08:45 pm

London - The euro tumbled through the $1.09 level to strike a fresh 11.5-year low Friday as the ECB nears the launch of...

US trade deficit falls to $41.8 bn in January 06 Mar 2015 - 07:15 pm

Washington---The US trade deficit fell to $41.8 billion in January as imports declined more than exports, the Commerce Department said Friday. The trade...

US economy generates strong 295,000 new jobs in February 06 Mar 2015 - 07:07 pm

Washington---The US economy pumped out a strong 295,000 net new jobs in February despite some severe weather disruptions and mounting layoffs in the...

Malaysia Airlines increases aircraft tracking rate after MH370 06 Mar 2015 - 06:53 pm

Kuala Lumpur---Malaysia Airlines has increased the frequency with which its aircraft are tracked, the carrier said on Friday, a safety enhancement spurred by...

BP unveils $12 bn investment in Egypt gas fields 06 Mar 2015 - 06:39 pm

London---British energy giant BP unveiled plans Friday to invest a record $12 billion in Egyptian gas fields with Russian partner DEA in a...