Business

India clocks tepid 4.7pc growth 01 Mar 2014 - 05:16 am

NEW DELHI: India’s economy grew by a sluggish 4.7 percent in the last quarter of 2013, data showed yesterday, marking more bad news...

China’s yuan at eight-month low against dollar 01 Mar 2014 - 05:15 am

SHANGHAI: China’s yuan currency fell nearly one percent against the US dollar in intra-day trade yesterday, its biggest drop in years, before recovering...

Opec oil production rises in February 01 Mar 2014 - 04:42 am

LONDON: Opec’s oil output has risen further in February from December’s two-and-a-half-year low, due to more shipments from Iraq and Angola, and further...

QE index drops 100.57 points last week; MPHC dips 28 Feb 2014 - 06:26 am

Doha: Qatar Exchange (QE) index dropped 100.57 points, 0.85 percent, last week when trading closed at 11,771.83 points yesterday. The trading value of...

A driver-less taxi 28 Feb 2014 - 06:25 am

Spanish Vicomtech-IK4 research centre’s Director of Transport Smart Systems Dept, Oihana Otaegui (left), and M3 Systems’ Delegate Olivier Desefans on Taxisat, a driver-less...

Standard Life against split 28 Feb 2014 - 06:20 am

Workers leave the Standard Life House in Edinburgh, Scotland, yesterday. The insurance and pension heavyweight said it could move partly out of Scotland...

Egypt central bank keeps key rates on hold to boost growth 28 Feb 2014 - 06:18 am

CAIRO: Egypt’s central bank left official interest rates on hold yesterday, as it tries to stimulate an economy hurt by three years of...

Sony to close 20 US retail stores 28 Feb 2014 - 06:18 am

WASHINGTON: Sony is closing 20 US retail stores as part of the streamlining of the Japanese electronics and entertainment giant. The company said...

Indonesia’s Batik Air plans global services 28 Feb 2014 - 06:17 am

SINGAPORE: An airline owned by Indonesia’s Lion Group announced yesterday it will launch international services with a flight from Jakarta to Singapore later...

Dubai denies reports on improper trading 28 Feb 2014 - 06:17 am

DUBAI: Dubai’s gold exchange and one of its biggest gold refineries have denied reports alleging they ignored international guidelines designed to prevent human...

Funds move money among Gulf markets 28 Feb 2014 - 06:17 am

DUBAI: Middle East fund managers remain bullish on most of the region’s major equity markets, but some are shifting money from the United...

IMF ready to act on Ukraine 28 Feb 2014 - 05:40 am

WASHINGTON: The International Monetary Fund yesterday said it would send a fact-finding team to Ukraine next week in response to Kiev’s request for...

MPHC shares surge 450pc on first day 27 Feb 2014 - 03:33 am

H E Dr Mohamed bin Saleh Al Sada (third from right) with other dignitaries at the listing ceremony yesterday. By Satish Kanady DOHA:...

Etihad ‘needs a month’ to study Alitalia’s books 27 Feb 2014 - 12:29 am

MILAN: Etihad Airways is expected to finish examining Alitalia’s books within a month as it ponders whether to invest in the loss-making Italian...

Ooredoo’s sukuk wins ‘Qatar - Deal of the Year’ 27 Feb 2014 - 12:27 am

DOHA/DUBAI: Ooredoo yesterday announced that it has won “Qatar - Deal of the Year” at the Islamic Finance Awards 2013 held on February...

Mannai Auto fleet unit posts best-ever sales 27 Feb 2014 - 12:27 am

Mannai Auto Group’s team. Doha: Mannai Auto Group’s Fleet division registered its best-performing year in 2013, with the most total fleet unit sales...

MPHC listing ‘a step towards’ national vision 27 Feb 2014 - 12:21 am

H E Dr Mohamed bin Saleh Al Sada (third from right) with other dignitaries at the listing ceremony yesterday. DOHA: The Mesaieed Petrochemical...

Target’s profit dips 27 Feb 2014 - 12:19 am

Holiday shoppers line up with discounted television sets at the Target retail store in Chicago. Target Corp’s net profit almost halved in the...