Business

Al Khaliji picks Closir for better shareholder engagement 27 Jul 2014 - 02:19 am

DOHA: Al Khalij Commercial Bank QSC has announced its decision to associate with leading financial technology company Closir, becoming the first Qatari bank...

HSBC, Deutsche Bank in silver price-fix case 27 Jul 2014 - 02:18 am

NEW YORK: HSBC, Deutsche Bank and Canada’s Bank of Nova Scotia have been accused of conspiring to fix the price of silver in...

Aamal Company net profit up 30.6pc to QR169.9m in H1 27 Jul 2014 - 02:18 am

DOHA: Aamal Company yesterday announced its financials for the first six months ended June 30, 2014. The company reported a net of QR169.9m,...

US hoping to boost India trade ties 27 Jul 2014 - 02:17 am

WASHINGTON: The United States hopes to give a huge boost to its trade ties with India in an upcoming visit by US Secretary...

Disappointing corporate earnings 27 Jul 2014 - 02:16 am

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City yesterday. With poorer than expected earnings reports...

Caixabank second-quarter results 27 Jul 2014 - 02:15 am

Caixabank Chief Executive Gonzalo Gortazar stands before reporting second-quarter results at La Caixa headquarters in Barcelona, yesterday. Spain’s Caixabank said lending income continued...

US sanctions break WTO rules: Russia 27 Jul 2014 - 02:13 am

GENEVA: The latest US sanctions against Russia violate World Trade Organization rules and may force Moscow into a destabilising trade dispute, Russia’s ambassador...

General Motors may put Brazil workers on paid leave: Union 27 Jul 2014 - 02:13 am

SAO PAULO: General Motors Co wants to put nearly a fifth of its workers at a factory in Brazil on paid leave, an...

Carillion in merger talks with Balfour Beatty 27 Jul 2014 - 02:12 am

LONDON: British construction company Carillion is in talks with Balfour Beatty on a possible merger that would create a £3bn ($5.1bn) group with...

UN aviation body to meet IATA 27 Jul 2014 - 02:12 am

MONTREAL: The UN civil aviation agency will hold a broad international meeting next week to discuss airline safety in the industry’s most coordinated...

Indonesia’s economic turnaround seen: QNB Group 27 Jul 2014 - 02:11 am

DOHA: Joko Widodo (better known as Jokowi) and his vice-presidential candidate, Jusuf Kalla, won Indonesia’s presidential elections on July 22. The pair are...

Malabar Gold gets retail chain award 27 Jul 2014 - 12:38 am

Malabar Group Chairman M P Ahammed (second right) after receiving the ‘Regional Retail Chain of the year award- 2014’ for Malabar Gold &...

Air France surprises with recovery 27 Jul 2014 - 12:38 am

FROM LEFT: Air France-KLM Chief Financial Officer Pierre-Francois Riolacci, Air France CEO Frederic Gagey, Air France-KLM CEO Alexandre de Juniac and Dutch airline...

Argentine default looms as talks fail 27 Jul 2014 - 12:37 am

Argentinian Minister of Economy Axel Kicillof (left) and Argentinian Foreign Minister Hector Timmerman during the inauguration of the Council of Ministers of Bank...

Freeport set to resume Indonesian copper exports 27 Jul 2014 - 12:34 am

JAKARTA: Freeport-McMoRan Inc clinched a deal with the Indonesian government allowing the miner to resume copper concentrate exports from the country, effectively ending...

IMF in talks with Ukraine leaders on bailout plan 27 Jul 2014 - 12:34 am

WASHINGTON: International Monetary Fund chief Christine Lagarde held discussions with Ukraine’s leaders about the impact of recent political turmoil on the nascent IMF...

Germany to reject EU-Canada trade deal 27 Jul 2014 - 12:33 am

BERLIN: Germany is to reject a multi-billion free trade deal between the European Union and Canada which is widely seen as a template...

Fox may sell CNN if it buys Time Warner 27 Jul 2014 - 12:11 am

Rupert Murdoch, Twenty-First Century Fox Inc CEO (left), and his son James Murdoch at a media conference in Sun Valley recently. NEW YORK:...