Business

Juncker survives no-confidence vote over tax deals 29 Nov 2014 - 12:13 am

BRUSSELS: The European Commission’s new president, Jean-Claude Juncker, comfortably survived a no-confidence vote brought over news that Luxembourg had lured multinational businesses with...

Ireland to repay IMF loans early thanks to recovery 29 Nov 2014 - 12:13 am

DUBLIN: Ireland will repay early ¤9bn ($11.22bn) of its International Monetary Fund bailout loans by the end of the year on the back...

Standard Chartered hit with first S&P downgrade 29 Nov 2014 - 12:13 am

LONDON: Ratings agency Standard & Poor’s (S&P) cut its credit rating on Standard Chartered for the first time in 20 years yesterday, citing...

Qatar calls for creating Common Islamic Market 28 Nov 2014 - 12:16 am

The Minister of Economy and Commerce, H E Sheikh Ahmed bin Jassim bin Mohamed Al Thani, at the Ministerial Session of the 30th...

Saudis block Opec output cut 28 Nov 2014 - 12:15 am

The Minister of Energy and Industry H E Mohammed bin Saleh Al Sada (left) attending the 166th Opec Conference in Vienna, Austria, yesterday....

Toyota, Daihatsu in Takata airbag recall 28 Nov 2014 - 12:13 am

TOKYO: Toyota said yesterday that it is expanding a recall of cars with airbags made by auto parts maker Takata which have been...

OECD positive on global economy 28 Nov 2014 - 12:11 am

US dollars and euro bank notes are seen at an exchange bureau in Paris. The global economy will gradually improve over the next...

Qatar bourse index down by 3.72pc last week 28 Nov 2014 - 12:05 am

DOHA: Qatari bourse fell on heavy selloff on latest Opec pessimism on output cut. The benchmark index plunged by 1.39 percent to finish...

WTO clinches first global trade deal 28 Nov 2014 - 12:04 am

GENEVA: The World Trade Organisation adopted the first worldwide trade reform in its history yesterday, after years of stalemate, months of deadlock and...

Bonds in Europe hit record, stocks gain 28 Nov 2014 - 12:03 am

LONDON: German and French government bonds leapt yesterday to record peaks on the prospect of quantitative easing in the struggling eurozone, while stocks...

UAE hints at body to monitor forex peg 28 Nov 2014 - 12:03 am

ABU DHABI/DUBAI: An advisory body to the UAE government has suggested that the central bank review the country’s currency peg to the US...

Pakistan sells Islamic bonds worth $1bn 28 Nov 2014 - 12:02 am

KARACHI: Pakistan has sold $1bn in Islamic bonds to raise its foreign exchange reserves in line with IMF demands. The government had initially...

The NR Eye: For the NRIs it’s a choice between good and better 28 Nov 2014 - 12:02 am

by Moiz Mannan With interest rates on bank deposits still quite high and the capital markets expected to keep zooming, it seems to...

Qatar world’s second infrastructure market 27 Nov 2014 - 01:57 am

By Satish Kanady DOHA: Qatar is the second most attractive market in the world for investments in infrastructure. A global Infrastructure Investment Spending...

‘Golden decade’ for GCC petrochemicals industry 27 Nov 2014 - 01:50 am

The Minister of Energy and Industry H E Dr Mohammed bin Saleh Al Sada addressing delegates at the forum. DOHA: The GCC petrochemicals...

Tenders for Airport City project only after two years: Official 27 Nov 2014 - 01:40 am

BY MOHAMMAD SHOEB DOHA: Official announcement about inviting tenders to award contracts for the construction of Qatar’s ambitious Airport City project will not...

Forum hears benefits of methanol 27 Nov 2014 - 01:18 am

DOHA: The first Middle East Methanol Forum (MEMF), organised by Qatar Fuel Additives Company Ltd (Qafac), effectively showcased the wide-ranging benefits of the...

Qatalum takes part in Arabal 27 Nov 2014 - 01:17 am

Qatalum is participating in the 18th edition of the Arab International Aluminium Conference and Exhibition (Arabal), the most important trade event for the...