Business

Asian shares largely up, Tokyo at fresh 15-year high 26 Feb 2015 - 12:00 pm

Hong Kong---Asian markets were mostly up Thursday as Tokyo hit a fresh 15-year high, driven by dip buying after the previous day's fall...

RBS bank posts £3.5bn annual loss on US writedown 26 Feb 2015 - 11:59 am

London---State-rescued Royal Bank of Scotland on Thursday reported a massive net loss for 2014, caused by a writedown on its US operations. RBS,...

German consumer confidence hits 13-year high: survey 26 Feb 2015 - 11:53 am

Frankfurt---Consumer confidence in Germany is at its highest since late 2001, as rising optimism about the economy and income expectations persuade German shoppers...

Greek bank deposits return after bailout extension 26 Feb 2015 - 11:33 am

Athens---Confidence is returning in Greece with money deposited in banks following an extension of the stricken eurozone country's bailout after weeks of huge...

Bank regulator eyes tougher rules to fight hacking 26 Feb 2015 - 10:13 am

New York---Banks could be required to beef up their online password systems under new regulations designed to avert a so-called "cyber 9/11," a...

Oil prices down in Asian trade 26 Feb 2015 - 10:05 am

Singapore---Oil prices fell in Asia Thursday but losses were curtailed as dealers focused on positive elements of a mixed US energy stockpiles report,...

Ezdan net profit jumps 27pc to QR1.36bn 26 Feb 2015 - 01:28 am

Sheikh Dr Khalid bin Thani bin Abdullah Al Thani and Ali Al Obaidli. DOHA: Ezdan Holding Group’s full year net profit rose by...

Milaha profits increase 10pc to QR1.04bn 26 Feb 2015 - 01:23 am

Sheikh Ali bin Jassim Al Thani (left) and Khalifa Ali Al Hetmi. DOHA: Qatar Navigation Company’s (Milaha) net profit for the full year...

Currency fall threatens Ukraine 26 Feb 2015 - 01:20 am

Ukrainian Finance Minister Natalia Jaresko (right) and Head of the Ukrainian National Bank Valeria Gontareva during a press conference in Kiev yesterday. KIEV/MAKIYVKA:...

Nod for SIIL to buy more shares of Salam Bounian 26 Feb 2015 - 01:12 am

Salam International Investment Ltd Chairman Issa Abdulsalam Abu Issa with other officials of the company attending the General Assembly in Doha yesterday. Salim...

Mena sovereign ratings on decline, Qatar stable 26 Feb 2015 - 01:07 am

DOHA: The sharp drop in oil prices since mid-2014 is likely to lead to weakening economic, external and fiscal profiles for the region,...

Al Khaliji gets assent for $1.75bn bond sale 26 Feb 2015 - 01:06 am

DOHA: Al Khaliji Commercial Bank won shareholder assent yesterday to issue up to $1.75bn in bonds which its chief executive said would be...

Doha Bank to hold interactive session on Indian budget 26 Feb 2015 - 01:05 am

Doha: Doha Bank and its associate financial service provider in India, Doha Brokerage and Financial Services (DBFS) is arranging a detailed coverage on...

Avaya unveils SDN architecture 26 Feb 2015 - 01:05 am

Doha: Avaya introduced a new, open software-defined networking (SDN) architecture that will help companies create the agile networks required by today’s dynamic applications....

France sees slight drop in unemployment from record highs 25 Feb 2015 - 08:48 pm

Paris--After a string of record unemployment figures in recent months, France finally saw a slight improvement in January, with statistics published Wednesday showing...

Turkish Airlines doubles profits, targets more expansion 25 Feb 2015 - 08:44 pm

Istanbul--Turkey's flag carrier Turkish Airlines, which has grown exponentially in the last decade, said Wednesday its net profit more than doubled last year...

EU gives France until 2017 to fix deficit: commissioner 25 Feb 2015 - 08:32 pm

Brussels--The EU on Tuesday gave France a further two years until 2017 to bring its budget deficit back into line with Brussels rules,...

Petrobras shares plunge after new Moody's downgrade 25 Feb 2015 - 06:27 pm

Sao Paulo--Shares in Brazilian oil giant Petrobras fell more than six percent Wednesday after ratings agency Moody's downgraded the scandal-plagued company for the...