Business

Guangzhou motor show 23 Nov 2013 - 06:03 am

A site organiser walks by a Bugatti Veyron at the Guangzhou International Automobile Exhibition in Guangzhou, China, yesterday. Luxury car dealers are resorting...

Worst year for European refiners 23 Nov 2013 - 06:03 am

A general view of Austrian energy group OMV’s refinery in Schwechat. European refiners are battling to salvage what is poised to be one...

Up for sale 23 Nov 2013 - 06:00 am

A charged slab exiting one of three hot strip mill furnaces at the ThyssenKrupp Steel USA factory in Calvert, Alabama. ThyssenKrupp has been...

Russia House approves LNG export law 23 Nov 2013 - 05:59 am

MOSCOW: Russia’s lower house of parliament gave its final backing yesterday to amendments that would end Gazprom’s gas export monopoly by letting rival...

Plexus on verge of oil tech breakthrough 23 Nov 2013 - 05:58 am

LONDON: Oil equipment supplier Plexus is finalising a piece of subsea kit that should revolutionise production of oil and gas from reservoirs under...

Gulf carriers eye prize as Australia airlines duke it out 23 Nov 2013 - 05:58 am

SYDNEY: The bad-tempered battle between Virgin Australia Holdings Ltd and Qantas Airways Ltd over Australia’s skies is a proxy for increasingly tough regional...

Oil rises towards $111 as Iran talks drag on 23 Nov 2013 - 05:58 am

LONDON: Brent crude oil pushed towards $111 a barrel yesterday and was on track to end higher for the second week running, as...

South Korea to buy 40 Lockheed F-35s 23 Nov 2013 - 05:57 am

SEOUL: South Korea will buy 40 Lockheed Martin Corp F-35 stealth fighter jets, the country’s military chiefs decided yesterday, with the first delivery...

Gold set for big weekly loss 23 Nov 2013 - 05:57 am

LONDON: Gold headed for its sharpest weekly drop in more than two months yesterday as strong US economic data lifted uncertainty over the...

China set to overtake Japan in M&A deals 23 Nov 2013 - 05:56 am

HONG KONG: China is set to become Asia’s leader in outbound corporate acquisitions this year, ending Japan’s two-year reign, as the country’s appetite...

Reform package within days: WTO chief 23 Nov 2013 - 05:56 am

GENEVA: The World Trade Organisation may agree its first worldwide trade reform package before the end of the weekend, its director-general, Roberto Azevedo,...

Kurdish oil seen flowing through Turkish pipeline soon 23 Nov 2013 - 05:56 am

ISTANBUL: Iraqi Kurdistan’s oil exports may start flowing through its own pipeline via Turkey within weeks, and without necessarily agreeing payment protocol with...

Polish delegate visits QC 22 Nov 2013 - 06:22 am

The Vice Chairman of Qatar Chamber (QC), Mohammed bin Ahmed bin Towar Al Kuwari (third right), addressing a meeting with a Polish trade...

QE index gains 70.60 points this week 22 Nov 2013 - 06:21 am

Doha: Qatar Exchange index gained 70.60 points (0.69 percent) this week when the bourse closed at 10,283.00 points here last afternoon. The trading...

IMF: GCC needs reforms to curb unemployment 22 Nov 2013 - 06:21 am

DOHA: The six Gulf Cooperation Council states may see unemployment among their citizens rise in coming years unless more nationals find jobs in...

Qatar Airways shifts to Amadeus Altéa departure control system 22 Nov 2013 - 06:20 am

Doha/Dubai: Amadeus, a leading technology partner for the global travel industry, and Qatar Airways yesterday announced the airline’s successful migration to Altéa Departure...

Dubai seeks global help to reform awqaf 22 Nov 2013 - 06:19 am

DUBAI: Dubai is in talks with Islamic endowments in countries as far afield as South Africa and New Zealand to promote its drive...

Oil prices rise amid Iran talks, Fed outlook 22 Nov 2013 - 06:19 am

LONDON: Oil prices rose yesterday as markets reacted to developments over Iran, the outlook for Federal Reserve stimulus and Chinese manufacturing data. New...