Business

ECB poised to pull QE trigger on deflation 18 Jan 2015 - 12:13 pm

Frankfurt--The stage is set this week for the European Central Bank to unleash its biggest weapon yet in the battle against deflation in...

Gulf Warehousing profit jumps 38pc 18 Jan 2015 - 02:27 am

DOHA: Gulf Warehousing Company (GWC), Qatar’s leading logistics provider, has recorded a strong 38 percent increase in net profits throughout the year, achieving...

Need to close development gaps, says Doha Bank CEO 18 Jan 2015 - 02:26 am

Doha Bank MD Sheikh Abdul Rehman bin Mohammad bin Jabor Al Thani (left) receiving a book from UN High Representative Nassir Abdul Aziz...

QBA, QC heads meet Slovenian President 18 Jan 2015 - 02:25 am

FROM LEFT: Aleڑ Cantarutti, State Secretary at the Ministry of Economic Development and Technology, Republic of Slovenia, Slovenian President Borut Pahor, Sheikh Khalifa...

ECB compromises with Germany over QE plan: FT 18 Jan 2015 - 02:20 am

London: The European Central Bank (ECB) will this week announce plans to directly buy government bonds, creating new money to fight off possible...

Goldman Sachs earnings hit by weak trading 18 Jan 2015 - 02:19 am

New York: Goldman Sachs reported a dip in quarterly profits as a weak performance in bond trading and some other segments offset lower...

‘Raise wages to reflect gains from low oil price’ 18 Jan 2015 - 02:19 am

British Prime Minister David Cameron (right) talks to members at 1776, a business incubator, during a visit in Washington, DC. Cameron is on...

SNB defends shock move on franc 18 Jan 2015 - 02:16 am

Geneva: Switzerland’s central bank yesterday defended its shock decision to let the franc soar, insisting that the subsequent turbulence rocking global markets and...

Goldman Sachs earnings hit by weak trading 17 Jan 2015 - 10:07 pm

New York - Goldman Sachs on Friday reported a dip in quarterly profits as a weak performance in bond trading and some other...

Oil price slump puts at risk clean energy push: experts 17 Jan 2015 - 09:38 pm

Falling oil prices hinder global efforts to develop renewable energy Abu Dhabi - Falling oil prices could have a negative impact on global...

ECB compromises with Germany over QE programme 17 Jan 2015 - 09:20 pm

European Central Bank chief Mario Draghi (left) talks to Germany's Chancellor Angela Merkel during an EU meet in Brussels London - The European...

Oil price slump could cripple clean energy push: experts 17 Jan 2015 - 07:32 pm

Abu Dhabi - Falling oil prices could have a negative impact on global efforts to develop renewable energy sources, experts warned Saturday at...

Argentina inflation hits 23.9%, second after Venezuela 17 Jan 2015 - 02:46 pm

BUENOS AIRES--Argentina's inflation hit 23.9 percent last year, according to official figures released Friday, the second worst in South America after Venezuela, but...

Moody's cuts Russia debt rating one notch 17 Jan 2015 - 02:42 pm

WASHINGTON--Moody's cut Russia's credit rating to one step above junk level Friday and warned the country was under review for a further downgrade....

Swiss central bank defends franc move despite turbulence 17 Jan 2015 - 02:26 pm

Geneva---Switzerland's central bank on Saturday stood by its shock decision to let the franc soar, insisting the subsequent turbulence rocking global markets and...

Sri Lanka flag-carrier ditches ex-president's 'vanity' airport 17 Jan 2015 - 02:21 pm

Colombo---Sri Lanka's national airline on Saturday announced it will stop all flights to the country's second international airport built and named after Mahinda...

US stocks surge, ending five-day skid 17 Jan 2015 - 01:49 pm

NEW YORK--Wall Street stocks jumped Friday as oil prices rebounded, snapping a five-day losing streak that had left the equity market looking oversold...

Franc surge rocks global currency brokers 17 Jan 2015 - 01:53 am

People line up at a currency exchange office in Geneva, Switzerland, yesterday. The Swiss National Bank (SNB) abandoned its exchange rate control on...