Business

Game Changer 17 Oct 2014 - 10:52 pm

Alibaba Group Holding Ltd founder Jack Ma (right) accepts the Game Changer of the Year award during the Asia Society’s Game Changer Awards...

Russia, Ukraine reach tentative gas supply deal 17 Oct 2014 - 10:51 pm

MILAN: Russia and Ukraine made progress yesterday towards resolving a row over gas supplies, but European leaders said Moscow had to do much...

Fed chief concerned by rise in US economic inequality 17 Oct 2014 - 10:50 pm

BOSTON: Federal Reserve Chair Janet Yellen said yesterday the growth of economic inequality in the United States “greatly” concerned her, and suggested in...

Moscow-Beijing rail line planned 17 Oct 2014 - 10:50 pm

BEIJING: China and Russia are considering building a high-speed rail line thousands of kilometres from Moscow to Beijing that would cut the journey...

Any German stimulus could backfire: Bundesbank 17 Oct 2014 - 10:50 pm

RIGA: The German economy, currently slowing sharply, does not need additional stimulus and any such measures could backfire, the head of the central...

Stakes high as LME bets on China expansion 17 Oct 2014 - 10:49 pm

LONDON: London Metal Exchange, the world’s biggest industrial metals market, heads into LME Week on Monday fresh from a legal victory that enables...

Ryanair sees space for more growth within Europe 17 Oct 2014 - 10:49 pm

DUBLIN: Ryanair’s bid to become one of the world’s biggest airlines will focus on higher-frequency routes and more domestic flights in core European...

Virgin takes full control of Tigerair Australia 17 Oct 2014 - 10:48 pm

SYDNEY: Virgin yesterday took full control of budget carrier Tigerair Australia, buying the remaining 40 percent it did not already own for A$1...

Volkswagen to recall over 500,000 cars in China 17 Oct 2014 - 10:48 pm

BEIJING: Volkswagen’s Chinese joint venture will recall more than 500,000 cars in China due to a defect in the rear axles, state media...

India to pay Iran $500m as second part of oil deal 17 Oct 2014 - 10:48 pm

NEW DELHI,: Indian refiners will pay $500m to Iran next week, the second instalment in an interim deal that allows Tehran to recover...

RasGas Milestones Gallery opens 17 Oct 2014 - 02:56 am

H E Dr Al Sada visiting the RasGas Milestones Gallery with RasGas’ directors and the Executive Leadership Team. DOHA: The Minister of Energy...

QCB absorbs QR16bn liquidity through T-Bond 17 Oct 2014 - 02:53 am

By Satish Kanady DOHA: The Qatar Central Bank’s (QCB) active liquidity management initiatives have helped absorb QR16bn liquidity from the country’s financial system...

Europe shares plunge 17 Oct 2014 - 02:51 am

Apple unveils new iPads with modest upgrades 17 Oct 2014 - 02:49 am

A man sells the new iPhone 6 on a sidewalk for almost double the price charged by Apple due to limited supplies and...

TCS posts 13.6pc rise in quarterly profit 17 Oct 2014 - 02:48 am

Caption Tata Consultancy Services (TCS) Chief Executive N Chandrasekaran after a news conference to announce the company’s Q2 results in Mumbai yesterdsay. TCS,...

QFC banks record rapid growth in 2013 17 Oct 2014 - 02:44 am

DOHA: Banks operating in the Qatar Financial Centre (QFC) saw rapid growth in 2013. The size of the QFC banking sector grew by...

Cross-border banks’ assets shift from Europe to Mena 17 Oct 2014 - 02:44 am

DOHA: The geographical distribution of Qatar banks’ cross-border assets witnessed a shift in 2013. The share of European assets steeply declined from over...

Lufthansa to drop services to Abu Dhabi 17 Oct 2014 - 02:44 am

FRANKFURT: German airline Lufthansa announced that it will pull the plug on its once-daily flights between Frankfurt and Abu Dhabi due to competition...