Business

Libya dismisses dollar crunch rumours 18 Apr 2014 - 10:08 am

TRIPOLI: Libya’s central bank has dismissed as baseless recent rumours that the country is facing dollar shortages due to a loss of oil...

Etihad toughens stance on Alitalia deal 18 Apr 2014 - 10:08 am

ROME: Etihad Airways has toughened its stance on conditions for investing in Italy’s struggling Alitalia in continuing negotiations between the airlines, sources close...

Iran oil exports fall for first time in five months 18 Apr 2014 - 10:07 am

TOKYO/SINGAPORE: Iran’s crude oil exports fell for the first time in five months in March, and are slated to drop further in April,...

European auto market pulls away from crisis 18 Apr 2014 - 10:07 am

PARIS: Demand for cars in Europe moved up another gear in March and struggling French group Peugeot Citroen did well, trade data showed...

Nokia recalls 30,000 chargers for Lumia 2520 18 Apr 2014 - 10:07 am

HELSINKI: Finnish telecom company Nokia yesterday recalled 30,000 chargers for its Lumia 2520 tablet due to risk it could give customers an electric...

Total finds oil off Ivory Coast 18 Apr 2014 - 10:06 am

PARIS: French energy giant Total yesterday announced it had discovered oil in deep waters off the coast of Ivory Coast, constituting a “very...

China to appeal WTO ruling on rare earths 18 Apr 2014 - 10:06 am

BEIJING: China will appeal a ruling by the World Trade Organisation (WTO) that its export restrictions on rare earths and other resources broke...

GE net income down 15pc 18 Apr 2014 - 10:06 am

NEW YORK: General Electric reported lower earnings but higher industrial profits, thanks to gains in its two largest industrial segments. GE’s net income...

QE index breaks 8-year peak in intra-day trade 18 Apr 2014 - 03:57 am

By Satish Kanady DOHA: Qatar bourse index breached its eight-year peak level in intra-day trade yesterday. Qatari retail investors sent the bourse to...

QIB Q1 profit grows 15pc to QR335m 17 Apr 2014 - 01:19 am

Sheikh Jassim bin Hamad bin Jassim bin Jaber Al Thani, Chairman, QIB. DOHA: Qatar Islamic Bank’s (QIB) net profit rose by 15 percent...

Qatar to establish five bodies to push exports 17 Apr 2014 - 01:18 am

(From left) Stefano Bertasi, Remy Rowhani and Jean-Guy Carrier at the meeting in Doha yesterday. Salim Matramkot BY MOHAMMAD SHOEB DOHA: Qatar will...

Ford Mustang turns 50 atop Empire State Building 17 Apr 2014 - 01:17 am

Ford Motor’s Executive Chairman Bill Ford stands on top of the observation deck at the Empire State Building in New York City yesterday...

Qatar Shell, QDB offer SMEs opportunities 17 Apr 2014 - 01:17 am

Qatar Shell Companies Managing Director and Chairman Wael Sawan (left) and QDB CEO Abdulaziz Al Khalifa at the meet yesterday. Salim Matramkot Doha:...

Qatar real estate market buoyant, set for further growth 17 Apr 2014 - 01:16 am

BY ERIKA WIDEN DOHA: Qatar’s real estate market is looking good and is set for further growth throughout the year, says Mirco Maurer...

Starbucks to move base, pay more tax 17 Apr 2014 - 01:15 am

LONDON: Starbucks Corp said yesterday it would move its European headquarters to London from the Netherlands and pay more tax in the UK...

Yahoo profit beats estimates at $312m 17 Apr 2014 - 01:15 am

Yahoo CEO Marissa Mayer at the annual Consumer Electronics Show in Las Vegas. NEW YORK: Yahoo reported a stronger-than-expected first-quarter profit, results hailed...

GM to seek court protection against ignition lawsuits 17 Apr 2014 - 01:14 am

GM chief executive Mary Barra Texas: Signalling a tougher stance toward legal claims stemming from its recent recall over faulty ignition switches, General...

The 2015 Toyota Camry 17 Apr 2014 - 01:13 am

The 2015 Toyota Camry is unveiled at the New York International Auto Show yesterday. The 2015 Toyota Camry is unveiled at the New...