Business

Fiat Chrysler to list Ferrari stake 30 Oct 2014 - 01:33 am

MILAN: Fiat Chrysler Automobiles plans to list a 10 percent stake in luxury brand Ferrari and issue $2.5bn in convertible bonds to help...

Banking sector continuing to heal, slowly: ECB 30 Oct 2014 - 01:31 am

FRANKFURT: Europe’s battered financial sector is showing further signs of healing as conditions for bank loans ease and demand for loans picks up,...

Sanofi sacks CEO, shares nosedive 30 Oct 2014 - 01:31 am

PARIS: French drugmaker Sanofi, one of the country’s largest companies, fired its chief executive after a row over his management style, sending the...

IBM, Twitter to partner on business data analytics 30 Oct 2014 - 01:30 am

WASHINGTON: International Business Machines Corp (IBM) announced a partnership with Twitter to use data collected from tweets published around the world to help...

Qatar bourse index gains 128.05 points 30 Oct 2014 - 01:30 am

Doha: Qatar Exchange (QE) index gained 128.05 points or 0.94 percent when the bourse closed at 13,775.89 points yesterday. The traded value increased...

Algeria plans new oil, gas auction 30 Oct 2014 - 01:29 am

ALGIERS: Algeria is preparing a new auction for foreign energy firms, an official said yesterday, after the North African country awarded four out...

Singapore, New Zealand and Hong Kong best for business 30 Oct 2014 - 01:29 am

WASHINGTON: Small and well-run Singapore, New Zealand and Hong Kong are the world’s easiest places to run a business, while global giants China,...

SEC probing private equity performance figures 30 Oct 2014 - 01:29 am

NEW YORK: The US Securities and Exchange Commission is examining how private equity firms report a key metric of their past performance when...

Paltel unbowed by Gaza war 30 Oct 2014 - 01:28 am

DUBAI: Palestinian telecoms operator Paltel expects gains from its financial investments this year to offset the $30m of losses caused by Israel’s bombardment...

Real estate stocks lift Qatar bourse up 1.2pc 29 Oct 2014 - 01:19 am

By Satish Kanady DOHA: Spurred by real estate, Qatar bourse’ benchmark index jumped 1.2 percent to end the day at 13,647. On the...

Woqod net profit grows by 2.8pc 29 Oct 2014 - 01:09 am

DOHA: Qatar Fuel (Woqod) recorded a net profit of QR856m for the third quarter of 2014, up QR23m, or 2.8 percent, as compared...

Diversify to counter oil price fall: Kuwait Emir 29 Oct 2014 - 01:08 am

The Emir of Kuwait, H H Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah Al Sabah (centre) addressing the opening of the third regular session of...

QNB receives Best Affluent Card Award 29 Oct 2014 - 01:07 am

QNB official receiving the Best Affluent Card Award. Doha: QNB has been awarded the Best Affluent Card Award across all of the Middle...

Gulf Air’s maiden flight to Moscow takes off 29 Oct 2014 - 01:06 am

Officials at the celebration of the launch of Gulf Air flights to Moscow. Gulf Air’s direct four weekly Moscow flights will depart from...

Qapco teams with IBM and SAP 29 Oct 2014 - 01:05 am

Officials at the signing ceremony between Qapco and IBM. DOHA: Qatar Petrochemical Company (Qapco) QSC, one of the leading petrochemical powerhouses in the...

QDB showcases Qatari exporters’ products at Paris food expo 29 Oct 2014 - 01:04 am

QDB pavilion at the recently concluded SIAL expo in Paris. DOHA: Qatari companies, which participated in the recently concluded global food industry exhibition...

Qatar Rail signs MoU with QPMC 29 Oct 2014 - 01:03 am

Qatar Rail CEO Saad Al Muhannadi and QPMC CEO Eisa Al Hammadi at the MoU formalising ceremony. DOHA: Qatar Railways Company (Qatar Rail)...

Al Mansoori elected to World Federation of Exchanges board 29 Oct 2014 - 01:00 am

DOHA: The annual general meeting of the World Federation of Exchanges (WFE) held at Seoul yesterday elected Rashid bin Ali Al Mansoori (pictured),...