Business

Swiss reject world’s highest minimum wage 19 May 2014 - 06:16 am

Swiss Economy Minister Johann Schneider-Ammann (left) with Justice Minister Simonetta Sommaruga in Bern yesterday. ZURICH: Swiss voters yesterday rejected proposals to introduce the...

Contract for final phase of Lusail City inked 18 May 2014 - 10:17 am

The officials at the ceremony to award contract. DOHA: The Lusail Real Estate Development Company (LREDC), which is responsible for execution of the...

QAFAC gold sponsor of IIA Qatar meet 18 May 2014 - 10:16 am

QAFAC and IIA team after handing over the gold sponsor cheque. Doha: Qatar Fuel Additives Company Ltd (QAFAC) is taking part as a...

Sunil John gets SABRE award 18 May 2014 - 10:05 am

Doha: Sunil John (pictured), founder and CEO of ASDA’A Burson-Marsteller, the region’s leading public relations consultancy, has been awarded the “SABRE Award for...

Portugal follows Ireland 18 May 2014 - 10:04 am

Portugal’s Secretary of State to the Prime Minister Carlos Moedas (right) with Minister of the Presidency and of Parliamentary Affairs Luis Marques Guedes...

Yusuff Ali tops Forbes ‘100 top Indian leaders in Arab World’ 18 May 2014 - 10:03 am

Dubai: Lulu Group boss Yusuff Ali MA (pictured) has topped the Forbes “100 top Indian leaders in the Arab World 2014”. Forbes, world’s...

Bernanke talks of low interest rates 18 May 2014 - 10:02 am

Former US Federal Reserve Chairman Ben Bernanke. NEW YORK/BOSTON: In a series of quarter-million-dollar dinners with wealthy private investors, Ben Bernanke has been...

Hedge fund industry meet 18 May 2014 - 10:01 am

Paul Ryan, US Congressman, speaks at the SALT conference in Las Vegas. SALT is the $2.7 trillion hedge fund industry’s biggest annual event...

Boeing vows to fight unfair US labour practices ruling 18 May 2014 - 10:00 am

Henry Noble, a retired Boeing machinist, hands out fliers during a rally organised by the Washington State Labour Council to show support for...

Fight against takeover plans 18 May 2014 - 09:59 am

FROM LEFT: Sweden’s Education Minister Jan Bjorklund, Enterprise Minister Annie Loof and Finance Minister Anders Borg at the government headquarters Rosenbad in Stockholm....

Qatar main engine of growth in Mena: QNB 18 May 2014 - 09:58 am

Doha: GCC countries continue to be the main engine of economic growth in the Middle East and North Africa (Mena), with Qatar leading...

Apple, Google call truce in smartphone patent war 18 May 2014 - 09:57 am

SAN FRANCISCO: Google and Apple, the two technology titans behind the world’s top smartphone platforms, called a truce in a long-running patent war....

Morocco’s royal investment vehicle to sell stake in Lesieur 18 May 2014 - 09:56 am

RABAT: The Societe Nationale d’Investissement (SNI), the investment vehicle of Morocco’s royal family, will sell its remaining 23.6 percent stake in cooking oil...

Russia-China gas deal soon, says Gazprom 18 May 2014 - 09:55 am

MOSCOW: Russian state-run Gazprom said it was still “one digit” away from finalising a 30-year gas supply deal with Beijing which is expected...

New issues hit Bitcoin Foundation 18 May 2014 - 09:55 am

SAN FRANCISCO: As the most prominent trade group pushing adoption of the electronic currency, Bitcoin begins its annual conference on Friday, it is...

US industry complacent about cyber risks, say experts 18 May 2014 - 09:54 am

WASHINGTON: After warning for years that the US electric grid and other critical infrastructure are dangerously vulnerable to hacking, security experts fear it...

Venezuela’s April inflation jumps to 5.7pc 18 May 2014 - 09:54 am

CARACAS: Venezuela’s consumer prices rose 5.7 percent in April, local media reported yesterday, jumping from 4.1 percent the month before as the Opec...

Brazil mulls investor unit to reassure investors 18 May 2014 - 09:53 am

SAO PAULO: The Brazilian government is creating a department to foster relations with and explain policy moves to market participants, a source with...