Business

QNB gets new global domain name QNB.com 06 Jan 2015 - 01:43 am

DOHA: QNB Group has revealed a key milestone in its global banking ambitions with the announcement of its new domain name QNB.com Starting...

US drivers will pay up to $1,499 for tech features, says study 06 Jan 2015 - 01:42 am

Detroit: A majority of US drivers are willing to pay as much as $1,499 to have high-tech entertainment and safety devices in their...

Fiat Chrysler, GM lead US car sales in 2014, a best year since 2006 06 Jan 2015 - 01:42 am

Michigan: General Motors Co, Ford Motor Co and other major automakers reported rising vehicles sales in the US in December, capping the best...

Abenomics halts Japan property slide, briefly 06 Jan 2015 - 01:41 am

OSAKA: An economic rebound and loose money policy under Prime Minister Shinzo Abe briefly halted a long slide in Japan’s commercial property market,...

British banks plan to protect ordinary customers 06 Jan 2015 - 01:41 am

LONDON: Britain’s biggest lenders have only a day before the deadline passes for submission of their plans to protect ordinary customers from the...

Brazil posts first trade deficit in 14 years 06 Jan 2015 - 01:41 am

Sao Paulo: Brazil in 2014 posted its first annual trade deficit in 14 years as commodity prices fell and trade with Argentina shrank....

Cyprus plans two international debt issues 06 Jan 2015 - 01:40 am

NICOSIA: Cyprus plans two international debt issues this year, its finance minister said yesterday, seeking a firmer footing in markets after a near...

Euro falls to nine-year low 06 Jan 2015 - 01:16 am

A pedestrian looks at rates in the window of a currency exchange in London yesterday. TOKYO: The euro fell to a nine-year low...

'Grexit' fears hammer European markets 05 Jan 2015 - 08:16 pm

ATHENS--Fears that Greece could end up leaving the eurozone after elections later this month rattled European markets on Monday, with stock prices hammered....

UAE's Air Arabia buys 49 pct of Jordan's Petra Airlines 05 Jan 2015 - 08:05 pm

DUBAI--Sharjah-based budget carrier Air Arabia said Monday it acquired 49 percent of Jordan's Petra Airline and plans to turn Amman into a new...

China expansion sees Volvo Cars beat sales record 05 Jan 2015 - 07:53 pm

STOCKHOLM--Swedish automaker Volvo Cars announced Monday it had beaten its historical sales record in 2014, mainly due to a successful expansion in China....

US stocks tumble as euro hits nine-year low 05 Jan 2015 - 06:17 pm

NEW YORK - US stocks tumbled in early trade Monday as renewed concerns about the eurozone sent the euro to a nine-year low....

Gold up on Chinese buying 05 Jan 2015 - 05:03 pm

LONDON-- Gold rose for a second straight session on Monday as buying from top consumer China picked up ahead of the Lunar New...

German inflation hits five-year low in December 05 Jan 2015 - 04:40 pm

FRANKFURT--Inflation in Germany, Europe's biggest economy, slowed to just 0.2 percent in December, its lowest level in more than five years, and averaged...

European stocks drop, euro hits nine-year low 05 Jan 2015 - 04:10 pm

LONDON--European stock markets fell on Monday and the euro struck a nine-year low against the dollar with the ECB appearing on course to...

Shanghai jumps 3.58%, Hong Kong ends lower 05 Jan 2015 - 01:15 pm

HONG KONG---Shares in Shanghai surged 3.58 percent to a five-and-a-half-year high Monday on hopes for fresh economic stimulus, but Hong Kong finished the...

Turkey 2014 inflation ticks up to 8.17% 05 Jan 2015 - 01:03 pm

ISTANBUL---Annual inflation in Turkey ticked up to 8.17 percent in 2014, slightly higher than 2013 and well over the central bank's medium-term target,...

China shares higher in morning trade 05 Jan 2015 - 11:17 am

SHANGHAI---Chinese shares gained on Monday morning, the first trading day of 2015, on hopes of further monetary easing by the government to boost...