Business

Global patent filings jump 5.1pc 14 Mar 2014 - 06:37 am

GENEVA: The United States and China helped drive international patent filings to a record level last year, and cross-border applications surged to more...

Dubai Islamic Bank eyes GCC, Africa, Indonesia for expansion 14 Mar 2014 - 06:36 am

DUBAI: Dubai Islamic Bank plans to expand its operations into Indonesia, Kenya and other African countries as it emerges from a period of...

Bankers behaving badly face bonus clawback 14 Mar 2014 - 06:36 am

LONDON: Misbehaving bankers and their bosses will have to hand back bonuses up to six years after they pocket them under a rule...

US retail sales rebound, jobless claims down 14 Mar 2014 - 06:36 am

WASHINGTON: US retail sales rebounded in February and new applications for unemployment benefits hit a fresh three-month low last week, suggesting some strength...

Brent crude down, US oil rebounds 14 Mar 2014 - 06:35 am

NEW YORK: Brent crude oil futures fell yesterday as weaker-than-expected Chinese economic data offset worries over potential supply disruptions that could be prompted...

Shell to slash US spending by a fifth 14 Mar 2014 - 06:35 am

LONDON: Royal Dutch Shell said yesterday it was cutting spending on American upstream by a fifth this year after losses in resources plays...

China industrial output growth at 5-year low 14 Mar 2014 - 06:34 am

BEIJING: China’s industrial production rose at its slowest pace in five years and other key indicators showed surprising weakness, data showed yesterday, raising...

India’s Iranian oil imports fall 36pc 14 Mar 2014 - 06:34 am

NEW DELHI: India imported about 36 percent less oil from Iran in February than in January, because of efforts to meet US requests...

Doha Insurance looks to expand in GCC market 13 Mar 2014 - 01:00 am

BY SACHIN KUMAR Doha: Doha Insurance, one of the major players in Qatar’s insurance market, is looking to expand its footprints outside Qatar,...

Hilton to launch real estate project 13 Mar 2014 - 12:58 am

US actress and model Paris Hilton waves to her fans during her visit to Century City Mall in Manila yesterday. Hilton is in...

Qatar explores investments in Bulgaria 13 Mar 2014 - 12:56 am

Members of the Qatari Businessmen’s Association with Bulgarian President Rosen Plevneliev. DOHA: Members of the Qatari Businessmen’s Association (QBA) expressed their desire to...

Muntajat, Milaha sign transport contract 13 Mar 2014 - 12:56 am

Sheikh Ali bin Jassim Al Thani and Abdulrahman Ali Al Abdulla. DOHA: Qatar Chemical and Petrochemical Marketing and Distribution Company (Muntajat) QJSC signed...

Greek workers strike over job cuts 13 Mar 2014 - 12:55 am

Cleaning ladies from the public sector shout slogans during a rally outside Parliament in Athens. ATHENS: Thousands of striking public sector workers marched...

UniCredit in €14bn loss 13 Mar 2014 - 12:54 am

People stand outside the UniCredit Bank headquarters in Milan. It posted a record €14bn loss due to huge writedowns on bad loans and...

Japan firms raise wages before tax hike 13 Mar 2014 - 12:53 am

People walk in front of the Panasonic Centre in Tokyo yesterday. TOKYO: Major Japanese firms, including Toyota and Panasonic, yesterday said they would...

Aviation show 13 Mar 2014 - 12:52 am

Visitors walk past aircraft parked on display at Begumpet Airport for the India Aviation 2014 airshow in Hyderabad yesterday. The fourth edition of...

Opec raises oil demand view 13 Mar 2014 - 12:50 am

LONDON: World oil demand will increase more than expected in 2014, Opec said yesterday, raising its prediction for a second straight month as...

Petrochemical R&D on the rise 13 Mar 2014 - 12:50 am

DOHA: The petrochemical producers in the Gulf Cooperation Council (GCC) are ramping up research and development (R&D) funding despite a global slowdown in...