Business

Qatar Producer Price Index rises 4.1 percent 24 Aug 2014 - 10:46 pm

DOHA: The Monthly Producer Price Index (PPI) of the Industrial sector for June 2014 increased 4.1 percent to 171.3 compared to June last...

Qatar Exchange index drops 22.68 points 24 Aug 2014 - 10:45 pm

Doha/Dubai: Qatar Exchange index dropped slightly yesterday, down 22.68 points, or 0.16 percent, as it closed trading at 13,753.51 points. The trading value...

Swedish property prices triple 24 Aug 2014 - 10:43 pm

Apartment blocks in Stockholm. Four out of 10 borrowers in Sweden are not paying off their debt and on average it takes Swedes...

BTM in New York 24 Aug 2014 - 10:43 pm

A customer uses a Bitcoin ATM located in Flat 128, a boutique in New York’s West Village. The Bitcoin ATM producers Lamassu and...

Swedish govt cuts growth forecast, says to raise taxes if re-elected 24 Aug 2014 - 10:15 pm

HARPSUND, Sweden: Sweden’s centre-right government delivered a gloomy message to voters ahead of next month’s general election, cutting its growth forecast due to...

China urges more private investment in troubled railways 24 Aug 2014 - 10:15 pm

SHANGHAI: Chinese Premier Li Keqiang urged the heavily scrutinised railway sector to seek more private investment and rely less on state support as...

Dynegy to spend $6.2bn on plant acquisition 24 Aug 2014 - 10:09 pm

New York: Dynegy plans to spend more than $6bn to buy several coal and gas power generation plants from Duke Energy and Energy...

WTO rules against Argentina in import curbs case 24 Aug 2014 - 10:09 pm

GENEVA/WASHINGTON: A World Trade Organisation (WTO) dispute panel ruled against Argentina in a 2012 case brought by the United States, European Union and...

Russia says no plan to ban McDonald’s 24 Aug 2014 - 10:08 pm

MOSCOW: Russian authorities are not planning to close the McDonald’s chain in the country, Deputy Prime Minister Arkady Dvorkovich was quoted saying on...

Aeroflot defies sanctions to create new low-cost airline 24 Aug 2014 - 10:08 pm

MOSCOW: Russian flag carrier Aeroflot will create a new low-cost unit after Western sanctions grounded its first effort to enter the market, the...

Tax fraud drains Romania economy 24 Aug 2014 - 10:07 pm

BUCHAREST: Tax evasion is eating away at the heart of Romania and holding back the country, among the poorest in the European Union,...

Clean-up struggle 24 Aug 2014 - 10:07 pm

A worker cuts reed while trying to clean the area from leaked oil at an irrigation canal in Cadereyta. An oil pipeline spill...

BoJ may ease policy, says Kuroda 24 Aug 2014 - 10:06 pm

Bank of Japan Governor Haruhiko Kuroda (right) and Tetsuya Sakamoto, the bank’s General Manager for the Americas, at the Jackson Hole Economic Policy...

Phone registry firm Neustar weighs sale 24 Aug 2014 - 10:05 pm

NEW YORK: Neustar Inc, a company which helps North American telecommunication carriers route calls and text messages, is considering a potential sale amid...

China business growth slows 24 Aug 2014 - 10:04 pm

A saleswoman waits for customers at a red gallery at a shopping mall in Beijing’s central business district. Business growth in China slowed...

Boeing completes key review of space taxi design 24 Aug 2014 - 10:03 pm

WASHINGTON: Boeing Co has completed a key review of its design for a new commercial venture to fly astronauts to the International Space...

GM reviewing timing of Russia plant expansion 24 Aug 2014 - 10:03 pm

MOSCOW: General Motors Co said it was reviewing the timing of the expansion of its Russian plant near St Petersburg because of a...

Microsoft announces affordable Nokia 130 24 Aug 2014 - 10:03 pm

Doha: Recognising the rapid growth of ultra-affordable mobile phones, Microsoft Devices Group unveiled the Nokia 130, a mobile phone designed to introduce millions...