Business

Centennial named Saloon of the Year 09 Mar 2014 - 01:00 am

Doha: Hyundai Motor Company’s flagship model, the 2014 Centennial, has been named Saloon of the Year for 2013 by top Middle East motoring...

Boeing reports cracks in Dreamliner wings 09 Mar 2014 - 12:59 am

Workers at South Carolina Boeing work on a 787 Dreamliner at the plant’s assembly building in North Charleston. NEW YORK: Boeing Co said...

UK’s first bitcoin machine opens in London tech hub 09 Mar 2014 - 12:58 am

A customer sits near a Bitcoin machine at the Old Shoreditch Station Cafe and Bar in east London. LONDON: Britain’s first machine for...

China February exports tumble unexpectedly 09 Mar 2014 - 12:56 am

A man working in Qingdao port in east China’s Shandong province. China recorded an unexpected trade deficit of $23bn in February. BEIJING: China’s...

Debut on NYSE 09 Mar 2014 - 12:51 am

Coupons.com Inc President and CEO Steven Boal is reflected on a screen as he and his wife Michele await the company’s stock to...

QIB is ‘Safest Islamic Bank’ 09 Mar 2014 - 12:50 am

Doha: Qatar Islamic Bank (QIB), Qatar’s leading Islamic bank, has been recognised as the ‘Safest Islamic Bank in Qatar’ in Global Finance’s first-ever...

QIB is ‘Safest Islamic Bank’ 09 Mar 2014 - 12:50 am

Doha: Qatar Islamic Bank (QIB), Qatar’s leading Islamic bank, has been recognised as the ‘Safest Islamic Bank in Qatar’ in Global Finance’s first-ever...

Qatar should focus on cost overruns: IMF 09 Mar 2014 - 12:48 am

By Satish Kanady DOHA: Given Qatar’s commitment to a deadline set for the launch of huge development projects ahead of the 2022 FIFA...

Qatar’s inflation rate to remain at 3-4pc: IMF 09 Mar 2014 - 12:48 am

DOHA: Qatar’s GDP growth could stay around 6 percent in 2014 as the pickup in the public investment programme is roughly offset by...

Deflation risk may keep interest rates low: QNB 09 Mar 2014 - 12:29 am

Doha: In the eurozone and the US, inflation remains dangerously low and well below the two percent central bank targets, the weekly analysis...

CAPM plans first Dubai IPO in five years 09 Mar 2014 - 12:29 am

DUBAI: CAPM Investment, an investment banking and asset management firm in the United Emirates, said it planned to arrange for a company to...

Flipkart sees $1bn sales this year 09 Mar 2014 - 12:29 am

NEW DELHI: Flipkart, India’s answer to US online giant Amazon, said yesterday its sales would cross the milestone $1bn -mark this year, ahead...

Scrutiny of SFR takeover could take nine months 09 Mar 2014 - 12:29 am

PARIS: France’s competition watchdog estimates it could take nine months to scrutinise a possible takeover of French telecoms operator SFR by French conglomerate...

Greece, lenders set to miss deadline for rescue loan deal 09 Mar 2014 - 12:28 am

ATHENS: Greece and its international lenders will miss a self-imposed March 10 deadline to clinch a deal that will release the next tranche...

Oman’s revenue drops 7.9pc in January 09 Mar 2014 - 12:28 am

Muscat: Oman government revenues fell by 7.9 percent at the end of January 2014 to RO973.3m against RO1,056.9m during the corresponding period in...

Moody’s ups outlook for Netherlands, Belgium 09 Mar 2014 - 12:28 am

WASHINGTON: Moody’s raised its credit outlook for the Netherlands and Belgium on Friday, elevating both to stable from negative as the eurozone economy...

Stocks may extend rally after strong US jobs data 09 Mar 2014 - 12:27 am

NEW YORK: The stronger-than-expected payrolls report did more than ease concerns about US economic fundamentals — it also seemed to justify Wall Street’s...

Instagram signs first deal with major ad agency 09 Mar 2014 - 12:27 am

SAN FRANCISCO: Facebook-owned photo sharing service Instagram said it has landed its first deal with a major ad agency. The leading social network...