Business

Lukoil starts output from Iraq field 30 Mar 2014 - 07:22 am

BASRA: One of the biggest undeveloped oilfields in the world has begun commercial production in south Iraq, officials said yesterday, part of ambitious...

Apple, Google lose bid to avoid wage trial 30 Mar 2014 - 07:22 am

SAN FRANCISCO: A US judge on Friday rejected a request from Apple, Google and two other tech companies to avoid a trial in...

Foxconn profit up 12.7pc in 2013 on huge iPhone demand 30 Mar 2014 - 07:22 am

TAIPEI: Taiwan tech giant Hon Hai Precision, the world’s largest contract manufacturer for electronics, saw its net profit rise 12.7 percent on-year in...

Mexico’s Q1 economy hit by US, weather 30 Mar 2014 - 07:21 am

NEW YORK: Mexico’s economic growth in the first quarter of the year is being affected by slower growth in the United States and...

West Africa fails to ink EU trade deal 30 Mar 2014 - 07:16 am

YAMOUSSOUKRO: West African leaders failed to agree to open their economies to free trade with the European Union at a summit yesterday after...

Microsoft stops probing Hotmail to plug leaks 30 Mar 2014 - 07:15 am

SAN FRANCISCO: Microsoft scrapped a policy which allowed it to peek at Hotmail messages to plug leaks or investigate intellectual property theft. The...

Nakilat eyes foreign investments 30 Mar 2014 - 05:24 am

DOHA: Nakilat, the Qatari marine company which provides the critical transportation link in the country’s liquefied natural gas (LNG) supply chain, will be...

Tea job 29 Mar 2014 - 07:13 am

Ethnic Dong women work at a tea leaf processing factory in Liping county, Guizhou province in China, yesterday. According to local media, Liping...

Sound of music at FIDAE 29 Mar 2014 - 07:05 am

British heavy metal band Iron Maiden’s lead vocalist and commercial pilot, Bruce Dickinson, delivers a speech during an Innovation, Creativity and Business Conference...

BMW X4s in the making 29 Mar 2014 - 07:02 am

An overall view of the assembly line where the BMW X4 is made at the manufacturing plant in Spartanburg, South Carolina. BMW will...

Political uncertainty hits Thai industries 29 Mar 2014 - 06:59 am

Workers construct a new facility at Map Ta Phut industrial estate. Continuing political uncertainty, derailed infrastructure plans and sliding domestic demand are making...

Spain reports first price fall in four years 29 Mar 2014 - 06:56 am

MADRID: Spain reported yesterday its first fall in consumer prices in more than four years, feeding fears that the eurozone could fall into...

Gold hits six-week lows 29 Mar 2014 - 06:55 am

LONDON: Gold fell to fresh six-week lows under $1,300 an ounce yesterday, and was on track for a second straight weekly decline as...

GDF Suez reveals deal taking US liquefied gas to Taiwan 29 Mar 2014 - 06:54 am

PARIS: French gas group GDF Suez revealed yesterday a giant deal, the first of its kind, to ship liquefied natural gas from the...

Ukraine seen risky bet for IMF 29 Mar 2014 - 06:53 am

WASHINGTON: The International Monetary Fund is treading on risky ground in rushing to the aid of Ukraine, given the country’s instability and poor...

GM suspends selling certain Cruze cars, gives no reason 29 Mar 2014 - 06:53 am

DETROIT: General Motors Co said yesterday that it had told its dealers to stop selling Chevrolet Cruze small cars equipped with 1.4-litre turbo...

BoE likely to revive securitisation 29 Mar 2014 - 06:51 am

LONDON: The Bank of England may try to revive the securitised debt market to support the economic recovery, a policymaker said yesterday, in...