Business

Opec head to address meet next week 31 Mar 2014 - 12:59 am

Doha: The Organisation of Petroleum Exporting Countries (Opec) Secretary General Abdalla Salem El Badri will deliver The 2014 Abdullah Bin Hamad Al Attiyah...

Ooredoo to unveil ‘surprise’ plans soon 31 Mar 2014 - 12:46 am

Ooredoo Chairman Sheikh Abdullah bin Mohammed bin Saud Al Thani (right) and Minister of Finance H E Ali Sherif Al Emadi (centre), who...

Lulu opens 110th hypermarket 31 Mar 2014 - 12:42 am

Sheikh Salem Abdulrahman Al Qassimi, Director General of Rulers Court and Member of Sharjah Ruling Family with Sheikh Mohamed Bin Abdulla Al Qassimi...

West Qurna-2 to lift Iraq’s oil output 31 Mar 2014 - 12:41 am

A worker at the West Qurna oilfield in Iraq’s southern province of Basra. Production from giant West Qurna-2 oilfield will lift national output...

Rally against capitalism 31 Mar 2014 - 12:39 am

An anti-Troika protester, wearing a Guy Fawkes mask, takes part in a rally against capitalism outside the construction site for the new headquarters...

GM recall under congressional lens 31 Mar 2014 - 12:38 am

Consulting materials engineer Mark Hood inspects a 2005 ignition switch at McSwain Engineering in Florida. The firm helped to conduct investigations and failure...

Ford to spend $500m for new engine plant 31 Mar 2014 - 12:37 am

Ford assembly line employees work on 3500 Duramax engine at the Ford Lima Engine Plant in Lima, Ohio. Ford Motor Co will spend...

Qatar Exchange continues to make gains 31 Mar 2014 - 12:31 am

Doha: Qatar Exchange pursued its upswing trend yesterday, adding 80.53 points, or 0.70 percent, to close at 11,562.87 points from 11,482.34 on Thursday....

‘GCC maintains export growth’ 31 Mar 2014 - 12:30 am

Doha: The Minister of Energy and Industry, H E Dr Mohammed bin Saleh Al Sada, confirmed that the member states of the Gulf...

Trade surplus hits QR35bn in Feb, up 2.2 pc 31 Mar 2014 - 12:29 am

Doha: Qatar’s foreign trade surplus reached QR35bn in February 2014, up 2.2 percent compared to same month last year. In February 2014, total...

Japan shoppers brace for tax hike after years of deflation 31 Mar 2014 - 12:28 am

TOKYO: Japan is bracing for its first sales tax rise in years, with last minute shoppers buying up a host of goods from...

Russian sell-off spurs hunt for bargains in markets 31 Mar 2014 - 12:28 am

NEW YORK: Rising tension between Russia and the West has rattled the country’s stock and bond markets, but some big money managers see...

Chinese tycoon in talks to buy House of Fraser 31 Mar 2014 - 12:27 am

LONDON: Chinese business tycoon Yuan Yafei is in talks with British department store group House of Fraser regarding a bid that values the...

Ukraine crisis threatens Cyprus growth plans 31 Mar 2014 - 12:25 am

NICOSIA: Any escalation in the Ukraine crisis poses a threat to Cyprus’s economy, the outgoing governor of the country’s central bank said in...

Germany, China say renminbi hub in Frankfurt will boost trade 31 Mar 2014 - 12:24 am

DUESSELDORF: A decision by Germany and China to make Frankfurt a European hub for financial transactions in the Chinese currency will give new...

‘Eurozone not in a deflationary cycle’ 31 Mar 2014 - 12:24 am

BERLIN: The eurozone is not in a deflationary cycle and the European Central Bank (ECB) should not overreact to a slowdown in inflation...

Fed to review bank stress test procedures 31 Mar 2014 - 12:24 am

WASHINGTON: The Federal Reserve said it was reviewing the procedures of a closely watched exam banks must pass each year to prove their...

BlackBerry revenue nosedives 64pc 31 Mar 2014 - 12:23 am

TORONTO: BlackBerry Ltd reported a smaller-than-expected loss as new chief executive John Chen slashed costs, but a 64 percent drop in revenue underscored...