Business

Rich countries’ unemployment up in Feb: OECD 10 Apr 2014 - 07:28 am

PARIS: Unemployment in advanced countries rose slightly in February, the OECD said yesterday, a setback after recent falls. Despite improvement in the general...

Eight largest US banks asked to raise capital 10 Apr 2014 - 07:28 am

WASHINGTON: US banking regulators ordered the eight largest “too big to fail” banks to raise capital levels in a bid to address weaknesses...

US warns eurozone over deflation risk 10 Apr 2014 - 07:27 am

WASHINGTON: US Treasury Secretary Jacob Lew warned the eurozone yesterday to pay heed to the risk of deflation, adding pressure on European authorities...

Intel, BoA Costa Rica closure to cost 3,000 jobs 10 Apr 2014 - 07:27 am

SAN JOSE: Two big US firms — Bank of America and microchip giant Intel — announced closures in Costa Rica leading to nearly...

Investors snap up Turkey’s €1bn bond 10 Apr 2014 - 07:27 am

ISTANBUL: Turkey completed almost all of its planned borrowing for 2014 yesterday, when foreign investors snapped up a €1bn Eurobond issue in a...

Britain’s Just Retirement sales to be hit by reforms 10 Apr 2014 - 07:27 am

London: Insurer Just Retirement Group Plc said it no longer expects full-year sales to grow 7 percent, blaming uncertainty in Britain’s individually underwritten...

Six experts get Al Attiyah awards 09 Apr 2014 - 02:18 am

H E Abdullah bin Hamad Al Attiyah (fourth left) with dignitaries and award winners yesterday. Kammutty VP DOHA: The Abdullah bin Hamad Al...

Islamic Holding Group’s net profit up 40pc in Q1 09 Apr 2014 - 02:15 am

DOHA: Islamic Holding Group, one of Qatar’s leading Shariah-complaint investors, reported a net profit of QR2.96bn for the first quarter of 2014, up...

Corporate earnings up 9.7pc 09 Apr 2014 - 02:06 am

By Satish Kanady DOHA: The growth rate of Qatar’s listed companies’ earnings increased by 9.7 percent year-on-year to reach $11.2bn during 2013, compared...

Barwa plans new projects this year 09 Apr 2014 - 01:49 am

Salah bin Ghanim Al Ali, Chairman, Barwa Real Estate (centre) with Vice Chairman Mohammed Abd Al Aziz Saad Al Saad (left) and CEO...

Mesaieed IPO largest valued in Middle East 09 Apr 2014 - 01:47 am

DOHA: The recently implemented nearly QR3.3bn worth Mesaieed Petrochemical Holdings IPO was the largest valued offerings during the first quarter of 2014 in...

Tunisia offers $1.26bn investment plans 09 Apr 2014 - 01:46 am

The Minister of Finance, H E Ali Sherif Al Emadi and Qatar Central Bank Governor Sheikh Abdullah bin Saud Al Thani at the...

Porsche extending GTS to Boxster and Cayman 09 Apr 2014 - 01:34 am

The new Porsche. Doha: Porsche is extending the GTS principle to the Boxster and Cayman for the first time ever. Featuring top engines...

Samsung forecasts profit drop 09 Apr 2014 - 01:32 am

A woman looks at advertisements promoting Samsung Electronics’ Galaxy Note 3 smartphone in Seoul. SEOUL: Samsung Electronics yesterday posted estimated first quarter operating...

eDreams Odigeo skids on market debut 09 Apr 2014 - 01:31 am

Traders look at computer screens next to a banner of Spanish travel company eDreams Odigeo during its bourse debut in Madrid yesterday. MADRID:...

Chevron’s drilling in Romania 09 Apr 2014 - 01:30 am

People work at Chevron’s drilling site in Pungesti yesterday. The US estimates that Romania and its neighbouring countries Bulgaria and Hungary together have...

Bitcoin conference 09 Apr 2014 - 01:29 am

People attend a Bitcoin conference at the Javits Centre in New York City. Topics included market places to trade bitcoin, mining hardware to...

Qatar Exchange breaks rally, down 0.22pc 09 Apr 2014 - 01:28 am

Doha: Qatar Exchange snapped a 10-day rally yesterday when trading closed at 12,189.69 points, down 27.06 points, or 0.22 percent, from the previous...