Business

CBQ to focus more on local investments 17 Mar 2014 - 05:12 am

Sheikh Abdullah bin Ali Al Jabor Al Thani (left) with Hussein Al Fardan. Ibrahim Kutty BY MOHAMMAD SHOEB DOHA: After the successful acquisition...

Qatar General Insurance to distribute 20pc bonus shares; increases capital 17 Mar 2014 - 05:11 am

Sheikh Nasser bin Ali bin Saud Al Thani (right) with Deputy Chairman Sheikh Mohammed bin Ali Al Thani yesterday. Salim Matramkot Doha: Qatar...

Kia Motors launches service promotion 17 Mar 2014 - 05:11 am

Doha: Kia Motors Qatar keeps its focus in strengthening the after sales service with the opening of 2014Service Clinic called ‘Newcomers’ (pictured). The...

Honda recalls nearly 900,000 Odyssey vans 17 Mar 2014 - 05:10 am

A Honda Odyssey minivan displayed at Honda’s headquarters in Tokyo, Japan. DETROIT: Honda Motor Co is recalling nearly 900,000 Odyssey minivans that could...

Vehicle sales in China jump 18pc 17 Mar 2014 - 05:09 am

Employees at a Chinese automobile factory in Hefei. Vehicle sales in China jumped 18 percent in February from a year earlier, China’s automobile...

16.36 million vehicles on GCC roads by 2017 17 Mar 2014 - 05:09 am

Dubai: Countries in the Gulf Cooperation Council are becoming increasingly attractive markets for the automobile industry, with vehicle sales expected to reach nearly...

Mexico telecoms reform could take years to unseat Slim 17 Mar 2014 - 05:08 am

MEXICO CITY: Tycoon Carlos Slim (pictured), under fire from regulators in his home country, has spent the last two years sniffing out deals...

For minimum wage 17 Mar 2014 - 05:08 am

People rally in support of a $15 minimum wage at Seattle Central Community College in Seattle, Washington.

QE index loses 12.33 points 17 Mar 2014 - 05:05 am

Doha: Qatar Exchange ended in the red area yesterday to close at 11,331.05 points, down 12.33 points, or 0.11 percent, from the previous...

Saudi Arabia’s GDP up 3.8pc: Central bank 17 Mar 2014 - 05:05 am

RIYADH: Saudi Arabia’s gross domestic product (GDP) grew by 3.8 percent in 2013, media yesterday quoted Saudi Arabian Monetary Authority (central bank) governor...

Abu Dhabi extends period of $20bn loans to Dubai 17 Mar 2014 - 05:05 am

DUBAI: Oil-rich Abu Dhabi and the UAE central bank agreed yesterday to roll over $20bn in loans to neighbouring debt-laden Dubai after it...

Aldermore, Jimmy Choo plan stock listings 17 Mar 2014 - 05:04 am

LONDON: The private equity owner of new British bank Aldermore has hired Credit Suisse and Deutsche Bank to prepare it for a listing...

Nikon is under lens for selling defective units 17 Mar 2014 - 05:04 am

SHANGHAI: Japan’s Nikon Corp has moved to allay consumer fears in China after being criticised on a closely watched consumer show that said...

ECB on defensive over rates status quo 17 Mar 2014 - 05:04 am

FRANKFURT: The European Central Bank appears to be increasingly on the defensive, stepping up efforts this week to counter criticism of complacency after...

Recovery is incomplete: Osborne 17 Mar 2014 - 05:03 am

LONDON: British Finance Minister George Osborne warned yesterday that Britain’s economic recovery was on course but far from completion as he prepared to...

Weekly Commodity Update: Gold rises on Ukraine but copper and oil fall on China concerns 17 Mar 2014 - 05:00 am

By Ole Hansen (Head of Commodity Strategy, Saxo Bank) Commodities suffered its first reversal in six weeks as concerns over Chinese economic growth...

Qatar to launch $65bn worth projects 17 Mar 2014 - 04:12 am

H E Abdullah bin Hamad Al Attiyah delivering the opening address at the seminar yesterday. From Left: Ali Abdullah Al Abdullah, Motoi Sasaki,...

Fiat Chrysler aims for NYSE listing in Oct 16 Mar 2014 - 08:56 am

Chrysler Group Chairman and CEO Marchionne (left) with United Auto Workers Union President King in Michigan. DETROIT: Fiat Chrysler Automobiles aims to list...