Business

South Africa cuts growth forecast 22 Oct 2014 - 11:51 pm

CAPE TOWN: South Africa slashed its 2014 growth expectations for the second time this year yesterday, with the Treasury forecasting expansion of just...

British American Tobacco says sales slump 22 Oct 2014 - 11:50 pm

LONDON: British American Tobacco said yesterday that sales sank in the first nine months of the year and blamed adverse currency moves and...

Apec nations vow to pursue flexible fiscal policies 22 Oct 2014 - 11:50 pm

BEIJING: Countries at an Asia-Pacific summit in Beijing pledged to pursue “flexible” fiscal policies to support the world economy and job creation, their...

Qatar Petroleum hosts farewell for ex-director 22 Oct 2014 - 11:49 pm

Al Kaabi presenting a Certificate of Appreciation to Brigadier Al Ansari. Doha: Saad Sherida Al Kaabi, Managing Director of Qatar Petroleum (QP), honoured...

US inflation ticks up unexpectedly 22 Oct 2014 - 11:48 pm

WASHINGTON: US consumer prices rose slightly in September, contrary to analysts’ expectations. The department’s consumer price index (CPI), a key measure of inflation,...

Total names new boss 22 Oct 2014 - 11:48 pm

PARIS: French oil company Total has appointed refining boss Patrick Pouyanne as chief executive to succeed Christophe de Margerie who was killed in...

Ezdan Holding launches media campaign 22 Oct 2014 - 11:48 pm

DOHA: Ezdan Holding Group has launched a wide-ranging media campaign to promote its array of investments in various key sectors in Qatar. The...

QR141.7m net profit for QIMC 22 Oct 2014 - 11:47 pm

Doha: Qatar Industrial Manufacturing Company (QIMC) has announced its quarterly financial results for the third quarter of 2014. It has achieved a net...

Qatar stocks rise on solid earnings 22 Oct 2014 - 07:41 am

DOHA: Qatar stocks staged a relief rally yesterday, after shedding 6.43 percent in the past week. Analysts noted the rally was triggered by...

Doha Bank’s Q3 net profit up 5pc to QR1.13bn 22 Oct 2014 - 07:39 am

Doha Bank Chairman Sheikh Fahad, Managing Director Sheikh Abdul Rehman and Group CEO R Seetharaman. DOHA: Doha Bank recorded an impressive net profit...

Embraer unveils new cargo jet 22 Oct 2014 - 07:38 am

Brazilian aircraft manufacturer Embraer unveils its new cargo KC-390, in Gaviao Peixoto yesterday. Embraer is betting it can not only match the gold-standard...

QIB announces winners of ‘Double Your Salary Campaign’ 22 Oct 2014 - 07:37 am

The winners of the Double Your Salary Campaign with QIB officials. Doha: Three lucky customers of Qatar Islamic Bank (QIB), Qatar’s leading Islamic...

QP sponsors IASP World Conference 22 Oct 2014 - 07:34 am

A QP official explaining to visitors the activities of the corporation’s Research & Technology Department. Doha: Qatar Petroleum (QP) is the “Silver Sponsor”...

China to pitch high-speed trains to California 22 Oct 2014 - 07:32 am

A high-speed train travelling to Guangzhou is seen running on Yongdinghe Bridge in Beijing. Beijing: State-backed China CNR Corporation is making a pitch...

Land Rover plant launch 22 Oct 2014 - 07:31 am

The Chery Jaguar Land Rover plant before the opening ceremony in Changshu, Jiangsu province, China. British luxury carmaker Jaguar Land Rover Ltd, owned...

Qatar’s GNI estimates for Q2 up by 7.9pc 22 Oct 2014 - 07:26 am

DOHA: Qatar’s Gross National Income (GNI) estimates for Q2, 2014 stood at QR182.6bn ($50.14bn), up 7.9 percent compared to the GNI estimates of...

China’s growth slowest since global crisis 22 Oct 2014 - 07:26 am

BEIJING: China grew at its slowest pace since the global financial crisis in the September quarter and risks missing its official target for...

MPHC nine-month profit hits QR1.4bn 22 Oct 2014 - 07:25 am

DOHA: Mesaieed Petrochemical Holding Company (MPHC), a subsidiary of Qatar Petroleum and one of the region’s premier diversified petrochemical conglomerates, recorded a net...