Business

Doha Bank CEO gets ABLF economist award 15 Dec 2014 - 01:13 am

Doha: Doha Bank CEO Dr R Seetharaman was honoured with “The ABLF Business Economist award “on December 13 for his outstanding contribution in...

Car market in Russia 15 Dec 2014 - 12:52 am

Used and new cars on sale at the 777 open air auto market in Siberian city of Krasnoyarsk. A state scheme to support...

Tencent wins approval to start banking business 15 Dec 2014 - 12:47 am

SHANGHAI: China’s Tencent Holdings Ltd has been given approval to start its banking operations, the banking regulator said, making the Internet firm the...

Apollo to buy PetSmart 15 Dec 2014 - 12:47 am

WASHINGTON: Apollo Global Management is nearing a buyout of PetSmart Inc for about $8bn in what would be the largest leveraged deal for...

Saudi crude oil supply inches up in November 15 Dec 2014 - 12:47 am

DUBAI: Crude oil supplies from Saudi Arabia inched up in November from a month earlier, an industry source said on Friday, signaling no...

Facebook dumps search results of Microsoft 15 Dec 2014 - 12:36 am

SAN FRANCISCO: Facebook Inc has stopped including results from Microsoft Corp’s Bing search engine on its social networking site. The move, confirmed by...

TUI in talks with investors on Hapag stake sale 15 Dec 2014 - 12:35 am

FRANKFURT: TUI AG is in talks with investors interested in buying its stake in Hapag-Lloyd as an option in its long-planned exit from...

IQ exhibition to feed growing demand for interiors, fit outs 15 Dec 2014 - 12:33 am

Doha: The organiser of IQ Exhibition, the first Qatar interior design exhibition taking place in Doha in February 2015, yesterday announced the findings...

Xiaomi’s India ban exposes patent risks 15 Dec 2014 - 12:33 am

MUMBAI/BEIJING: The court order that banned Chinese mobile maker Xiaomi from selling its phones in India has halted its breakneck expansion into the...

ArcelorMittal, Tata Steel to start hedging iron ore soon 15 Dec 2014 - 12:33 am

LONDON: Top steelmakers ArcelorMittal and Tata Steel are dipping their toes into iron ore derivatives, marking a crucial milestone in developing trade for...

TUI in talks with investors on Hapag stake sale 15 Dec 2014 - 12:32 am

FRANKFURT: TUI AG is in talks with investors interested in buying its stake in Hapag-Lloyd as an option in its long-planned exit from...

Berkshire buys oil logistics business Charter Brokerage 15 Dec 2014 - 12:32 am

NEW YORK: Warren Buffett’s Berkshire Hathaway Inc said it was buying oil industry logistics provider Charter Brokerage from private equity firm Arsenal Capital...

Weekly Commodity Update : Precious metals buck trend as oil woes rage through commodities 15 Dec 2014 - 12:09 am

By Ole S. Hansen (Head of Commodity Strategy, Saxo Bank) The ongoing fall in global oil prices is still setting the agenda for...

Qatar to remain resilient to low oil prices: QNB 14 Dec 2014 - 12:53 am

DOHA: Qatar’s economy is expected to remain resilient to lower oil prices. Oil prices are widely expected to recover gradually once the current...

QP to host 9th edition of IPTC next year 14 Dec 2014 - 12:51 am

QPI stand at the recently-concluded 8th ITPC in Kuala Lumpur. DOHA: Qatar Petroleum will serve as the host organisation for the 9th edition...

Qatar businesswomen meet to open Tuesday 14 Dec 2014 - 12:49 am

Participants of the Qatar International Businesswomen Forum. DOHA: The 5th Qatar International Businesswomen Forum, jointly hosted by the Qatari Businesswomen Association and Interactive...

Spanish consumer prices fall 14 Dec 2014 - 12:48 am

A man walks past under signs that read ‘lowest prices’ in the Andalusian capital of Seville. Spanish consumer prices fell 0.4 percent year-on-year...

Drones need more regulation: IATA 14 Dec 2014 - 12:47 am

GENEVA: The surging popularity of inexpensive radio-controlled airplanes and helicopters raises risks that require a firm response from regulators to ensure safety, the...