Business

Obama, Yellen discuss Wall St reforms, economy 05 Nov 2014 - 12:21 am

WASHINGTON: US President Barack Obama and Federal Reserve Chair Janet Yellen discussed the outlook for the US and global economies and the implementation...

Wider US trade deficit, weak exports point to slower growth 05 Nov 2014 - 12:21 am

WASHINGTON: The US trade deficit unexpectedly widened in September as exports hit a five-month low, suggesting slowing global demand could undercut economic growth...

Central bankers to challenge Draghi’s style 05 Nov 2014 - 12:20 am

FRANKFURT/PARIS: National central bankers in the euro area plan to challenge European Central Bank chief Mario Draghi today over what they see as...

Qatar Exchange index gains 18.70 points 05 Nov 2014 - 12:20 am

Doha: Qatar Exchange (QE) index gained 18.70 points, or 0.14 percent when the bourse closed at 13,799.29 points yesterday. The traded value dropped...

Cyprus central bank tells big business to pay up debts 05 Nov 2014 - 12:19 am

NICOSIA: Big business needs to repay debt to struggling banks if Cyprus is to enjoy a sustained economic recovery, central bank chief Chrystalla...

UK tribunal backs holiday overtime pay 05 Nov 2014 - 12:18 am

LONDON: A British employment tribunal ruled yesterday that companies should factor in overtime when calculating workers’ holiday pay, a decision that employers’ groups...

Vodafone Qatar’s revenue grows 24pc 04 Nov 2014 - 01:38 am

CEO Kyle Whitehill, flanked by CFO Steve Walters (right) and Yaman Al Jundi, Head of Investor Relations, Vodafone Qatar, addressing the media in...

QE index climbs 1.15pc on MSCI review hopes 04 Nov 2014 - 01:37 am

DOHA: Expecting a bigger weighting in MSCI’s Thursday review, Qatari stocks climbed 1.15 percent to close at 13,780 yesterday. Industrials sector was the...

Not worried on falling crude prices: QPI CEO 04 Nov 2014 - 01:35 am

BY MOHAMMAD SHOEB DOHA: International prices of natural gas have started facing downward pressure because they are indexed to the price of crude...

Qatar has 900 Tcf natural gas deposit: Al Sada 04 Nov 2014 - 01:31 am

Participants at the 18th Condensate and Naphtha Forum in Doha yesterday. Abdul Basit DOHA: As of January 2014, Qatar is sitting on the...

Coca-Cola expands in Malaysia 04 Nov 2014 - 01:28 am

Attendants watch on a production line at the Coca-Cola bottling plant in Nilai in Kuala Lumpur yesterday. Coca-Cola Malaysia inaugurated a new production...

Qafco, Belgian university sign deal on research programme 04 Nov 2014 - 01:27 am

Khalifa Abdulla Al Sowaidi, Vice Chairman and Chief Executive Officer of Qafco, and Professor Pascal Leory, Dean of the Faculty of Veterinary Medicine...

IBQ wins ‘Best Loyalty Programme’ award 04 Nov 2014 - 01:26 am

International Bank of Qatar (ibq) officials with the award. Doha: International Bank of Qatar (ibq) has won the “Best Loyalty Programme in the...

Qatar to renew UAE condensate contracts for 2015 04 Nov 2014 - 01:24 am

DOHA: Qatar International Petroleum Marketing Co, or Tasweeq, plans to renew its contract to supply condensate to the United Arab Emirates (UAE) for...

HSBC keeps $1.8bn for forex probe, misconduct 04 Nov 2014 - 01:24 am

LONDON: HSBC’s profits fell short of expectations in the third quarter after the bank set aside $1.8bn for misconduct settlements and compensation for...

Greece will still need help after bailout ends: EU official 04 Nov 2014 - 01:24 am

BRUSSELS: Greece is “highly unlikely” to make a clean exit from its huge EU-IMF bailout and will need some form of further international...

Al Khaliji to finance Al Rayyan road project 04 Nov 2014 - 01:23 am

DOHA: Al Khalij Commercial Bank QSC has extended financing facilities for a contract awarded to a joint venture between Boom Construction Company and...

Kuwait awards $4.8bn airport expansion plan 04 Nov 2014 - 01:23 am

KUWAIT CITY: Kuwait yesterday awarded a contract worth KD1.4bn ($4.8bn) to a local company for the expansion of the country’s only international airport,...