Business

Monte Paschi foundation in stake sale talks with Qatar 09 Feb 2014 - 09:01 am

MILAN: The Qatar sovereign fund is in talks with the main shareholder of Banca Monte dei Paschi di Siena to buy a 15-20...

Maruti halts production of first small car 09 Feb 2014 - 09:00 am

NEW DELHI: India’s Maruti Suzuki said yesterday that it had halted production of its iconic first small car, the Maruti 800, which revolutionised...

S&P cuts outlook on Turkey’s ratings 09 Feb 2014 - 08:59 am

ISTANBUL: Standard & Poor’s cut its outlook on Turkey’s ratings to negative from stable on Friday, saying that it saw risks of a...

Most commodity prices rise despite poor US data 09 Feb 2014 - 08:59 am

LONDON: Oil and metals prices rose last week but gains were capped by poorly-received data out of the United States and China, the...

QNB Group ranked best brand value in Mena last year 09 Feb 2014 - 08:59 am

DOHA: Qatar National Bank (QNB) Group has consolidated its position as the best brand value in the Middle East and North Africa (Mena)...

QP’s business planning forum begins today 09 Feb 2014 - 08:58 am

DOHA: Qatar Petroleum (QP) will be holding its business planning forum starting today, at Al-Mirqab Ballroom of the Four Seasons Hotel Doha. HE...

QFBA launches 2014 Calendar 09 Feb 2014 - 08:54 am

Doha: Qatar Finance and Business Academy (QFBA) yesterday launched its 2014 Calendar. The academy offers a year-round calendar courses in banking, insurance, finance,...

Salah Jaidah to open Oxford Islamic Banking Society 09 Feb 2014 - 08:54 am

DOHA: Salah Jaidah, Chairman of Islamic Finance and Vice Chairman of MENA at Deutsche Bank and Chief Country Officer for Deutsche Bank Qatar,...

Tunisia plans to issue $1.8bn in bonds 09 Feb 2014 - 08:53 am

TUNIS: Tunisia plans to issue around $1.8bn in new foreign bonds with guarantees from the United States and Japan, and a $435m sukuk,...

Toyota close to $1bn deal to settle US probe: Report 09 Feb 2014 - 08:53 am

NEW YORK: Toyota Motor Corp is close to a deal to pay $1bn to settle a US criminal investigation into how it disclosed...

British house prices rise at fastest pace 09 Feb 2014 - 08:52 am

LONDON: British house prices showed their biggest rise in three months in January and one measure of affordability deteriorated to its weakest since...

Turkey’s gold imports plunge 09 Feb 2014 - 08:52 am

ISTANBUL: A sharp fall in the Turkish lira and rising world gold prices curbed Turkey’s demand for gold in January, slashing monthly bullion...

Draghi starts countdown for action as ECB awaits data 09 Feb 2014 - 08:52 am

FRANKFURT: Mario Draghi has put investors on a month’s notice for further economic stimulus after outlining the ingredients necessary for action. The European...

Patents: More US pressure sought on India 09 Feb 2014 - 08:51 am

NEW YORK: The US Chamber of Commerce called on the government to ratchet up pressure on India over intellectual property rights, in a...

Argentines drain banks of dollars 09 Feb 2014 - 08:51 am

BUENOS AIRES: Jorge Lischetti applied to purchase dollars from the government the day Argentina eased controls. He stashed the $300 he was allowed...

Qatar’s inflation projected at 3.8pc this year 09 Feb 2014 - 04:57 am

DOHA: Driven by high rentals, Qatar’s overall inflation is projected to accelerate from 3.1 percent in 2013 to 3.8 percent in 2014. A...

Huge plane orders likely in Singapore 08 Feb 2014 - 12:48 am

Workers set up exhibition booths near a model of an Airbus A380 aircraft ahead of the Singapore Airshow yesterday. SINGAPORE: Aerospace firms will...

Kogas to cut stake in Iraq gas field as violence rises 08 Feb 2014 - 12:46 am

SEOUL: Korea Gas Corp (Kogas) plans gradually to reduce its stake in Iraq’s Akkas gas field, which lies in Anbar near the Syrian...