Business

Toyota to pay $1.2bn fine over safety issues 20 Mar 2014 - 09:02 am

Brand new Toyota cars on display at Toyota Marin yesterday in California. WASHINGTON/DETROIT: Toyota Motor Corp will pay a record $1.2bn to resolve...

Zara growth stalls 20 Mar 2014 - 09:01 am

A woman looks at clothes inside a Zara store in Madrid yesterday. Inditex, the world’s biggest fashion retailer, will accelerate investment in 2014...

China in talks for $20bn Airbus deal 20 Mar 2014 - 09:00 am

Visitors look at Airbus A350-900 passenger aircraft models at an expo in Beijing. Beijing: China is in talks to buy at least 150...

IMF chief questioned in French corruption case 20 Mar 2014 - 08:58 am

Christine Lagarde arrives at the Justice court in Paris yesterday. PARIS: IMF chief Christine Lagarde was yesterdya questioned for the third time by...

Deposit growth in Feb outpaces loan growth 20 Mar 2014 - 08:56 am

DOHA: Deposit growth outpaced loan growth in the month of February. Loans climbed by 1 percent month-over-month (MoM) in February 2014. This is...

Plot sale tops real estate deals 20 Mar 2014 - 08:56 am

DOHA: Transactions of open plots continue to dominate Qatar’s real estate deals. Vacant plots recorded transactions worth QR1.86bn in February 2014, making an...

US Fed slashes stimulus plan by another $10bn 20 Mar 2014 - 08:56 am

WASHINGTON: The Federal Reserve cut back its stimulus programme by another $10bn yesterday despite the recent US economic slowdown, which it blamed “in...

Two Abu Dhabi banks vie for Barclays UAE retail operations 20 Mar 2014 - 08:55 am

DUBAI/ABU DHABI: Two Abu Dhabi lenders have emerged as frontrunners to buy most of Barclays’ retail banking operations in the United Arab Emirates...

EU to curb Russian gas buy, eyes Qatar 20 Mar 2014 - 08:55 am

BRUSSELS: European leaders will seek ways to cut their multi-billion-dollar dependence on Russian gas at talks in Brussels today and tomorrow, while stopping...

Ukraine row to hit commodities: BoE 20 Mar 2014 - 08:55 am

LONDON: The Bank of England has warned about the impact of the Ukraine crisis on global commodity prices, minutes of their last policy...

Innovation key for chemicals industry in GCC 20 Mar 2014 - 08:54 am

Doha: Mohammed Al Mady, Chairman of Gulf Petrochemicals and Chemicals Association (GPCA) and Vice President and CEO, SABIC, highlighted the importance of innovation...

China’s MMG eyes Glencore mine in Peru 20 Mar 2014 - 08:53 am

China’s MMG eyes Glencore mine in Peru HONG KONG: MMG Ltd, the overseas arm of Chinese state-owned Minmetals, confirmed yesterday it was in...

€1bn fine on car cartel 20 Mar 2014 - 08:51 am

BRUSSELS: The European Commission announced yesterday it has slapped fines totalling nearly €1bn on a cartel of European and Japanese companies that supply...

Bentley opts for UK engine production 20 Mar 2014 - 08:50 am

LONDON: German-owned luxury car maker Bentley Motors said it would move production of all its W12 cylinder engines to Britain from Germany by...

Al Sada, QBA chief discuss economy 20 Mar 2014 - 03:43 am

H E Dr Mohamed bin Saleh Al Sada (right) with Sheikh Faisal bin Qassim Al Thani. DOHA: The Minister of Energy and Industry,...

Malaysia looks to boost trade with Qatar 19 Mar 2014 - 11:40 am

Sheikh Khalifa bin Jassim bin Mohammad Al Thani (left), Chairman of the Qatar Chamber, Dr Wong Lai Sum (centre), CEO, MATRADE and Ahmad...

Work on Ras Laffan 2 to start in April 19 Mar 2014 - 11:36 am

Mohammed Nasser Al Hajri at the MEED’s Qatar Projects meet. Abdul Basit By Satish Kanady DOHA: The petrochemicals sector is set to emerge...

UK eyes major role in Qatar’s development 19 Mar 2014 - 11:35 am

BY MOHAMMAD SHOEB DOHA: The visiting UK Minister of State for Trade and Investment, Ian Paul Livingston (pictured), yesterday said the volume of...