Business

Ford earnings rise, beat expectations 29 Jan 2014 - 09:28 am

NEW YORK: US auto giant Ford Motor yesterday reported quarterly earnings that bested expectations as higher sales in North America and a smaller...

Batelco blames one-off costs for profit slump 29 Jan 2014 - 09:28 am

DUBAI: Bahrain Telecommunications Co (Batelco) posted a 61 percent drop in fourth-quarter net profit yesterday as one-off expenses outweighed a 29 percent rise...

Weekly Money Market Review with IBQ: All eyes are on China and the emerging markets 29 Jan 2014 - 09:23 am

After a slow start of the year, this week provided all the excitement investors and speculators were missing coming into 2014. Thursday was...

US warns Kabul over release of prisoners 29 Jan 2014 - 06:59 am

KABUL: The United States warned the Afghan government against releasing prisoners that Washington says should be tried as dangerous militants, the latest dispute...

GDI, Oxy Qatar sign QR830m agreement 29 Jan 2014 - 04:58 am

The Minister of Energy and Industry H E Dr Mohamed bin Saleh Al Sada with officials of Oxy Qatar and GDI during the...

Call to ease barriers in setting up businesses 28 Jan 2014 - 06:39 am

Dr S Thomas Emerson BY MOHAMMAD SHOEB DOHA: Easing some of the barriers in setting up profitable businesses and a vibrant legal system...

Auto show 28 Jan 2014 - 06:38 am

Children climb into a 2014 Chevrolet Corvette for a test drive at the St Louis Auto Show in St. Louis.

South Korea’s economy grows 28 Jan 2014 - 06:37 am

Pedestrians wait to cross a street in Seoul yesterday. South Korea’s economy grew at a slightly slower 0.9 percent in the fourth quarter...

Brent falls 28 Jan 2014 - 06:36 am

NEW YORK: , Oil prices fell yesterday as investors kept dumping risky assets on worries about weaker growth in emerging markets. Brent crude...

Real estate loans by banks up to QR85.4bn 28 Jan 2014 - 06:36 am

DOHA: The assets and liabilities of Banks in Qatar have increased by QR13.1bn, up 1.5 percent to reach QR915.9bn in December 2013, compared...

Masraf Al Rayan’s net profit rises to QR1.7bn 28 Jan 2014 - 06:34 am

DOHA: Masraf Al Rayan recorded a net profit of QR1.7bn for the year 2013, an increase of 13.2 percent compared to the year...

QNCC’s net profit rises to QR436m 28 Jan 2014 - 06:34 am

Doha: Qatar National Cement Company (QNCC) has announced a net profit of QR436m for the year ended December 31, 2013 as against a...

Tasweeq sells 45 million tonnes of petrochemical products in 2013 28 Jan 2014 - 06:33 am

DOHA: Qatar International Petroleum Marketing Company Ltd (Tasweeq) sold a total of 45 million tonnes of petrochemical products during the year 2013. The...

German business morale climbs 28 Jan 2014 - 06:32 am

A container ship makes its way to the loading terminal in Hamburg. German business morale climbed in January to its highest level since...

Russian minister cheers ruble fall 28 Jan 2014 - 06:31 am

MOSCOW: Russia’s economy minister yesterday welcomed the ruble’s rapid slide to historic lows as a boon for exporters that should help industry and...

Japan trade deficit at record high 28 Jan 2014 - 06:28 am

TOKYO: Japan’s trade deficit swelled to a record $112bn in 2013, official data showed yesterday, as the benefits of a cheap yen for...

Foxconn eyes factories in US and Indonesia 28 Jan 2014 - 05:57 am

TAIPEI: Taiwan’s Foxconn Technology Group, the major supplier of Apple Inc’s iPhones and iPads, may build high-tech factories in the United States and...

MAF plans to invest Dh3bn in Dubai over five years 28 Jan 2014 - 05:57 am

DUBAI: Dubai mall developer Majid Al Futtaim (MAF) said it will invest another Dh3bn ($816.7m) over the next 5 years to expand its...