Business

Nissan’s Ghosn wary of Abe’s target of 30pc women in top jobs 18 Jul 2014 - 01:21 am

TOKYO: Nissan Motor Co Chief Executive Carlos Ghosn raised doubts over Japanese Prime Minister Shinzo Abe’s call to appoint women to 30 percent...

Fiat denies merger talks report with VW 18 Jul 2014 - 01:21 am

BERLIN/MILAN: Fiat Chrysler has denied a magazine report saying it’s in merger talks with Volkswagen, while the German carmaker said it had no...

Ithmar Capital, Gulf Capital planning IPOs 18 Jul 2014 - 01:20 am

DUBAI/ABU DHABI: United Arab Emirates-based private equity firms Ithmar Capital and Gulf Capital are looking to sell shares to the public as they...

New UAE rules to boost listing, private equity 18 Jul 2014 - 01:20 am

DUBAI: The United Arab Emirates’ Ministry of Economy has published new rules allowing firms in the Gulf Arab state to use existing shares...

QE index jumps 2.83 percent in past week 18 Jul 2014 - 01:19 am

DOHA: Qatar Exchange continued its good run yesterday lifting the index by 0.84 percent to close at 13,284.65 points. The trading value reached...

Time Warner investors want bigger cash ratio 18 Jul 2014 - 01:06 am

BOSTON: To clinch a deal to buy Time Warner Inc, Rupert Murdoch’s Twenty-First Century Fox Inc will not only need to raise the...

BBC News to cut 415 jobs in austerity drive 18 Jul 2014 - 01:05 am

LONDON: The BBC said yesterday it will cut 415 jobs from its news department in the latest cost-cutting measures by the world’s largest...

South America hails new BRICS bank 18 Jul 2014 - 01:05 am

BRASïLIA: South American presidents hailed the creation of a development bank by the BRICS group of emerging powers as an alternative to the...

China picks development bank site 18 Jul 2014 - 01:05 am

SHANGHAI: China has already chosen a site for the future Shanghai headquarters of the BRICS development bank, state media said yesterday just two...

Qatar’s outward FDI increases to $8.02bn 17 Jul 2014 - 05:52 am

By Satish Kanady DOHA: Qatar’s outward foreign direct investment (FDI) flow surged to a huge $8.02bn last year, accounting for 14 percent of...

Doha Bank profit up 5.2pc at QR787m 17 Jul 2014 - 05:52 am

FROM LEFT: Doha Bank Chairman Sheikh Fahad bin Mohammad bin Jabor Al Thani, Managing Director Sheikh Abdul Rehman bin Mohammad bin Jabor Al...

QIB, Noor Bank, Warba Bank lead arrangers for $155m loan 17 Jul 2014 - 05:51 am

Saeed Alkhayareen, QIB Acting GM of Wholesale Banking, signing the deal documents in the presence of representatives and officials from the client’s side,...

Time Warner rebuffs $80bn Fox bid 17 Jul 2014 - 05:50 am

Rupert Murdoch (left) with his son James at the Allen and Co media conference in Sun Valley, Idaho last week. NEW YORK: Rupert...

Samsung battles on two fronts as Apple readies iPhone 6 17 Jul 2014 - 05:50 am

SEOUL: Samsung Electronics Co Ltd is losing smartphone ground not only to cheaper Chinese rivals but also at the high end to Apple...

Etihad to complete Alitalia deal this month 17 Jul 2014 - 05:49 am

ROME: Etihad Airways chief James Hogan said yesterday he aimed to complete negotiations on buying 49 percent of Alitalia by the end of...

Yellen defends Fed independence 17 Jul 2014 - 05:48 am

US Federal Reserve Chair Janet Yellen testifying before the House of Representatives Financial Services Committee on Capitol Hill in Washington yesterday. WASHINGTON: Federal...

Freer trade, capital flows key for growth: B20 17 Jul 2014 - 05:47 am

SYDNEY: Business leaders from the G20 major economies called yesterday for free flows of trade, capital and jobs to boost growth, but avoided...

Mena cloud services sector investments to hit $4.7bn 17 Jul 2014 - 05:45 am

DOHA: Given the cost efficiency and other benefits of Cloud Computing Services, the innovative technology for data storage is becoming increasing popular in...