Business

Officials exchange documents during the signing ceremony. Doha: Qatar Industrial Manufacturing Company (QIMC), announced that it has awarded the consultancy services for their...

H E Dr Mohammed bin Saleh Al Sada and Ibrahim J Al Othman signing the contracts. DOHA: Gulf Drilling International (GDI), a subsidiary...

Containers of Dinh Vu port are seen from a seaplane of Hai Au Aviation during its first flight from Hanoi to Ha Long,...

Hharvesters work on a wheat field of the Solgonskoye farming company in the village of Solgon, southwest from Krasnoyarsk, Russia. Russian wheat prices...

A sapling stands in front of blocks of flats in the Taby suburb of Stockholm. For many Swedish businesses and prosperous households, years...

Tesla Motors Inc Chief Executive Elon Musk poses with a Tesla Model S electric car in Tokyo yesterday. Musk said yesterday that he...

LONDON/DUBAI: Oil’s slide below $100 a barrel yesterday brings prices closer to levels where more Opec countries face financial worries, prompting some in...

LONDON/EDINBURGH: The British pound slid and the stock market shuddered yesterday after an opinion poll showed for the first time that Scots may...

STOCKHOLM: Sweden’s Electrolux said yesterday it would double US sales by paying $3.3bn in cash for General Electric Co’s appliances business in its...

DOHA: Issuance of corporate and infrastructure sukuk (securities that conform with Islamic law) has trended downward this year in the Gulf region and...

LISBON: Portugal, which exited a multi-billion euro bailout scheme in May, returned to growth in the second quarter, avoiding recession in spite of...

TOKYO: Japan’s economy shrank more than estimated in April-June, revised data showed yesterday, piling pressure on the government to delay another sales tax...

LONDON: State-backed Royal Bank of Scotland aims to raise up to $4bn from the share flotation of its US bank Citizens Financial Group...

LONDON: Gold edged down yesterday as the dollar recovered losses made after a disappointing US jobs report eased concerns about an early interest...

DUBAI: Stock markets in Qatar and Dubai resumed their uptrend yesterday after mild profit-taking in the previous session, while most markets in the...

HONG KONG: Ratings agency Moody’s warned yesterday prolonged discord in Hong Kong over China’s refusal to grant the key financial hub full democracy...

GAMMARTH, Tunisia: Tunisia is seeking foreign investors for $6.82bn worth of infrastructure and development projects, as the government tries to prop up its...

PARIS: International Monetary Fund (IMF) head Christine Lagarde urged Germany to increase investments to help spur the euro zone’s flagging economic recovery, adding...