Business

Toyota plans to stop Australia production 11 Feb 2014 - 10:28 am

SYDNEY: Toyota yesterday said it will stop making cars in Australia in less than four years, bringing the country’s auto industry shuddering to...

Low trading activity key challenge for QE 11 Feb 2014 - 03:42 am

Afa Boran, Head of Asset Management, Amwal, speaking to The Peninsula yesterday. (Shaival Dalal) By Satish Kanady DOHA: Limited amount of actively managed...

QP Planning Forum opens to discuss corporate strategy 10 Feb 2014 - 03:10 pm

The Minister of Energy and Industry and Chairman and Managing Director of QP, H E Dr Mohamed bin Saleh Al Sada delivering the...

Recycling boom in China 10 Feb 2014 - 03:09 pm

Chinese garbage collectors deliver residential waste to a new recycling trash depot, which proudly encourages residents to recycle, in Beijing yesterday. In the...

Protest against austerity in Cyprus 10 Feb 2014 - 03:08 pm

An elderly Cypriot couple sits on the steps of Cyprus’ finance ministry building during a protest against benefit cuts in Nicosia. Several hundred...

Markets in bullish trend 10 Feb 2014 - 03:07 pm

Visitors applaud at the closing bell of the New York Stock Exchange. The Dow Jones Industrial Average closed up 166 points to end...

Qatar’s foreign reserves rise to $42.1bn 10 Feb 2014 - 03:06 pm

DOHA: Qatar’s international reserves rose by $9bn since end-2012 to $42.1bn at end-2013, reflecting a strong current account surplus and lower capital outflows....

Buying interest pushes Qatar bourse up 1.02pc 10 Feb 2014 - 03:05 pm

DOHA: Qatari bourse made its biggest one-day gain in recent weeks yesterday on the buying interests of local retail investors. The index climbed...

Russian authorities issue warning against Bitcoin 10 Feb 2014 - 03:05 pm

MOSCOW: Russian authorities have issued warnings against using Bitcoin, saying the virtual currency could be used for money laundering or financing terrorism and...

Sheikh Khalifa becomes GCC Chambers chairman 10 Feb 2014 - 03:04 pm

Doha: Sheikh Khalifa bin Jassim bin Hamad Al Thani received the chairmanship of the Federation of the GCC Chambers of Commerce and Industry...

Pakistan economy improving: IMF 10 Feb 2014 - 03:04 pm

DUBAI: The International Monetary Fund said yesterday that Pakistan has met nearly all of its quantitative performance markers, that its economy is showing...

Kuwait-Airbus deal on track despite probe 10 Feb 2014 - 03:03 pm

KUWAIT: A parliamentary investigation into a Kuwait Airways plan to buy and lease aircraft from Airbus will not affect the deal, the state...

Saudi Aramco asks firms to bid again for Jizan plant 10 Feb 2014 - 03:03 pm

Al KHOBAR: Saudi Aramco has asked interested companies to submit cheaper offers to build parts of a complex to supply energy to an...

US ends Samsung’s use of essential patents 10 Feb 2014 - 03:03 pm

WASHINGTON: The US Justice Department will close its investigation into Samsung Electronics’ use of a special class of essential patents to attack rivals...

China urges proper liquidity management 10 Feb 2014 - 03:02 pm

BEIJING: China’s central bank urged commercial banks to properly manage liquidity while reiterating its promise to keep monetary policy stable and to clamp...

Yahoo shifts Europe tax base to Ireland 10 Feb 2014 - 03:02 pm

LONDON/ROME: Yahoo! Inc is shifting its main European tax base to Ireland from Switzerland, a Reuters examination of company statements and accounts shows,...

US sees payment default after Feb 27 10 Feb 2014 - 03:02 pm

WASHINGTON: The Obama administration warned Congress the federal government could start missing payments on its bills soon after February 27, if lawmakers do...

Amazon tests Brazil’s retail mart with Kindle 10 Feb 2014 - 03:02 pm

SAO PAULO: Amazon Inc started selling its Kindle online in Brazil last week, expanding from ebooks into retail for the first time in...