An employee works on Mercedes-Benz S-class cars at the plant in Sindelfingen near Stuttgart. Daimler forecast a jump in profit this year at...
An employee works on Mercedes-Benz S-class cars at the plant in Sindelfingen near Stuttgart. Daimler forecast a jump in profit this year at...
TOKYO: Sony yesterday warned it would book a $1.08bn annual loss and cut 5,000 jobs while exiting the stagnant PC market this year...
DUBAI/BAGHDAD: Iraq plans to auction third-generation (3G) telecommunications licences for a minimum of $307m each, sources familiar with the matter said, a move...
SYDNEY: Three investment consortia — two involving Gulf Arab government-owned funds — plan to lodge indicative bids for Australian state-owned toll road company...
DUBAI: Oman has signed a OR13.6m ($35.3m) deal with Italferr, the Italian state railways engineering firm, for consultancy services on the initial design...
LONDON: Oil rallied yesterday to the highest level so far this year, propelled by the weak dollar, upbeat jobless claims data and strong...
LONDON: Europe’s main stock markets rose solidly yesterday as traders remained unfazed by the lack of action at the ECB and banked on...
Doha: Qatar Electricity and Water Company yesterday announced a 1 percent rise in gross profit at QR1,306m as against QR1,293m in 2012. Based...
ARBIL: Britain’s Standard Chartered bank will open its first branch in Iraqi Kurdistan early next month, attracted by financing opportunities for large government...
Michael Sik Yuen, flanked by Dr Karl Mootoosamy (right) and Sheikh Majid Al Mualla, addressing the media yesterday. DOHA: Emirates and the Mauritius...
Shiro Nakamura (right), Senior Vice-President of Datsun and Vincent Cobee, Corporate Vice-President and head of the Datsun business unit, during the unveiling of...
Panama Canal administrator Jorge Quijano speaks at a news conference at the Panama Canal administration building in Panama City yesterday. MADRID: A planned...
An architect’s impression of Paddington Station in London after a planned over-site development at Paddington’s Grand Union Canal. The 320,000sqft development was granted...
A man walks into a CVS/pharmacy store in Miami, Florida, yesterday. CVS Caremark Corp, the US’s second-largest drugstore chain announced it will phase...
LONDON: Growth in Britain’s dominant service sector slowed unexpectedly in January but activity remained strong, suggesting the economy is picking up speed in...
DOHA: Qatar Financial Markets Authority (QFMA) has signed a partnership agreement with the Association of National Numbering Agencies (Anna). As per the agreement,...
BRUSSELS: Eurozone private sector business activity in January showed the best performance since June 2011, fresh evidence that a modest recovery is gaining...
LONDON: Brent oil edged up towards $106 a barrel yesterday, lagging gains in the US benchmark after data showed strong demand for heating...
