Business

Global demand to keep LNG prices high: QNB 22 Jun 2014 - 04:41 am

Doha: Qatar National Bank Group (QNB) said in its weekly report that the robust global demand on liquefied natural Gas (LNG) is likely...

RasGas showcases studies at WPC 21 Jun 2014 - 12:38 am

Hani Al Kharaz giving a presentation. Moscow: Three specialists from RasGas Company Limited (RasGas) showcased different studies conducted by RasGas delivering presentations on...

China eyes further boost to Piraeus hub 21 Jun 2014 - 12:37 am

Greek Prime Minister Antonis Samaras (third left) and Chinese Premier Li Keqiang (third right) stand with port workers at the port of Piraeus...

France picks GE for alliance with Alstom 21 Jun 2014 - 12:36 am

Chairman and CEO of the German group Siemens Joe Kaeser (centre), Siemens France President Christophe De Maistre (third left) and Mitsubishi CEO Europe...

Japanese firms expect windfall 21 Jun 2014 - 12:35 am

A man takes pictures on the overpass of a building at a business district in Tokyo yesterday. More than half of Japanese companies...

Putin to push South Stream in Austria 21 Jun 2014 - 12:33 am

MOSCOW: Russian President Vladimir Putin will seek to exploit disagreement within a deeply divided EU over a Kremlin-backed gas pipeline as he looks...

First oil from Kurdish pipeline set for Israel 21 Jun 2014 - 12:32 am

LONDON: Iraqi Kurdistan looked set to unload in Israel a first cargo of disputed crude oil from its new pipeline after weeks of...

Crude price nears $115, on Iraq supply disruptions 21 Jun 2014 - 12:32 am

LONDON: Crude oil held near $115 a barrel yesterday, close to a nine-month high, and was headed for its second weekly gain on...

Global crude steel output up in May as China hits record 21 Jun 2014 - 12:31 am

LONDON: Global crude steel production rose at an annual 2.2 percent rate in May as output in China hit new record levels and...

Debenhams’ quarterly sales rise slightly 21 Jun 2014 - 12:30 am

LONDON: Britain’s No. 2 department store chain Debenhams said underlying sales rose slightly in its latest trading period, as it shifted its strategy...

Strong TSB debut lifts prospects for share sales 21 Jun 2014 - 12:30 am

LONDON: Shares in TSB rose sharply following its debut on the London Stock Exchange after Lloyds Banking Group sold more of the offshoot...

India to clear pending Iran oil payments through UAE 21 Jun 2014 - 12:29 am

NEW DELHI: India plans to clear some pending oil payments to Iran through the United Arab Emirates central bank, three sources with knowledge...

Energy sector reaffirms sustainability strategy 20 Jun 2014 - 12:22 am

Ministers, dignitaries and award winners at the ceremony. DOHA: H E Dr Mohamed bin Saleh Al Sada, the Minister of Energy and Industry,...

German, US officials meet 20 Jun 2014 - 12:20 am

German Economy Minister Sigmar Gabriel (left) and US Treasury Secretary Jack Lew (right) arrive for a news briefing after talks at the economy...

Markit goes public 20 Jun 2014 - 12:20 am

Markit employees and CEO Lance Uggla (centre) celebrate at the Nasdaq MarketSite in Times Square during the launch of the initial public offering...

Upbeat in Japan economy 20 Jun 2014 - 12:19 am

People at a luxury department store in Tokyo yesterday. Confidence of Japanese manufacturers held steady in June while the service-sector mood rebounded from...

QE in correction mode; foreign investors turn bearish 20 Jun 2014 - 12:18 am

By Satish Kanady DOHA: Triggered by a broader sell-off, Qatar stocks saw one of its biggest weekly pull backs of the year yesterday....

Oil touches new 9-month peak on Iraq woes 20 Jun 2014 - 12:18 am

LONDON: Oil prices soared yesterday to a new nine-month high point on escalating violence in Iraq, as militants attacked the crude producer’s biggest...