Business

Winners of Global Economy Prize 23 Jun 2014 - 10:16 am

The winners of the Global Economy Prize US economist Richard Thaler (left), Liberian President and Nobel Peace Prize winner Ellen Johnson Sirleaf (centre)...

$100m for 15 Canadian firms 23 Jun 2014 - 10:14 am

Canada’s Prime Minister Stephen Harper (centre) speaks to employees at Communitech in Kitchener, Ontario. Harper announced the organisations that have been chosen to...

Sri Lanka oil tank farm 23 Jun 2014 - 10:13 am

A Sri Lankan worker walks past the $76m oil tank farm at the southern deep sea port of Hambantota yesterday. Sri Lanka is...

SNCM woes 23 Jun 2014 - 10:11 am

A file picture of car ferries operated by the SNCM (National Maritime Corsica-Mediterranean company) are seen at docks in the port of Marseille....

ExxonMobil honours Al Attiyah at WPC 23 Jun 2014 - 10:09 am

Mark Albers of ExxonMobil (left) with H E Abdullah bin Hamad Al Attiyah, at a felicitation in Moscow. DOHA: ExxonMobil honoured H E...

Japan is Qatar’s biggest export destination in 2013 23 Jun 2014 - 10:06 am

By SACHIN KUMAR Doha: Japan emerged as the biggest export destination (QR145bn) from Qatar in 2013, while South Korea and India were the...

Qatari banks record strongest growth in loan book, NII in Q1 23 Jun 2014 - 10:06 am

DOHA: Qatar-based banks witnessed the highest increase in their loan book growth in the GCC during the first quarter of 2014. The banks’...

Oman scraps price controls for most goods 23 Jun 2014 - 10:05 am

MUSCAT/DUBAI: Oman has scrapped price controls for all but 23 basic products, prompting rare public criticism of government policy, after companies demanded freer...

GM board warned of serious problems in 2002 23 Jun 2014 - 09:34 am

WASHINGTON/DETROIT: A former head of General Motors corporate quality audit warned the company’s board in a letter in 2002 that it needed to...

Panasonic to sell birthplace of its TV business 23 Jun 2014 - 09:33 am

TOKYO: Japan’s electronics giant Panasonic will sell the plant where it first got into the television business half a century ago as it...

After eurozone crisis, IMF rethinks rescues 23 Jun 2014 - 09:31 am

WASHINGTON: The International Monetary Fund is rethinking bailouts in the wake of the eurozone crisis, with an eye to giving governments near default...

Alstom board backs bid by General Electric 23 Jun 2014 - 09:26 am

PARIS: The board of directors of French power-to-rail group Alstom unanimously approved US conglomerate General Electric’s €12.35bn ($16.8bn) bid to acquire its energy...

Oman power firms to start trading today 23 Jun 2014 - 09:25 am

DUBAI: Shares in Omani power firms Al Suwadi Power Co and Al Batinah Power Co will begin trading today after their initial public...

ADX signs bonds listing, trading deal 23 Jun 2014 - 09:22 am

DUBAI: Abu Dhabi Securities Exchange (ADX) has signed an agreement paving the way for bonds and other debt instruments to be listed and...

ECB warns against relaxing stability pact 23 Jun 2014 - 09:21 am

BERLIN: A European Central Bank executive warned against proposals by centre-left leaders in Europe to relax EU public deficit rules, in comments published...

Qatar bourse index ends in the green 23 Jun 2014 - 09:20 am

Doha: Qatar Exchange ended in the green yesterday adding 6.39 points or 0.05 percent to 12,460.15 points from 12,453.76 on Thursday. Qatar National...

BA faces threat of strikes 23 Jun 2014 - 09:19 am

LONDON: British Airways is facing the threat of renewed strikes after cabin crew said they were prepared to take industrial action after their...

Small farms making big impact in US agriculture 23 Jun 2014 - 09:18 am

LOGAN: As a teenager, Danelle Myer wanted nothing more than to leave her family’s farm in Iowa and become a big-city advertising executive....