Business

Beijing air show 11 Sep 2013 - 01:18 am

A cabin attendant waiting for visitors as manufacturers from around the world show their latest aircraft to potential customers at the 2013 Beijing...

Oil market well supplied: Opec 11 Sep 2013 - 01:18 am

LONDON: Opec said the world oil market was well supplied despite a plunge in Libya’s output and forecast a further drop in its...

Qatar Exchange index jumps 4.86 percent 11 Sep 2013 - 01:17 am

DOHA: Qatar stocks jumped a huge 4.86 percent yesterday recording its largest single day gain in the recent past. Market capitalization rose to...

Alcoa, HP, Bank of America bumped from Dow index 11 Sep 2013 - 01:17 am

NEW YORK CITY: Alcoa, Hewlett-Packard and Bank of America are losing their official blue-chip status: all three are being dropped from the Dow...

CIMB Islamic eyes moderate growth 11 Sep 2013 - 01:16 am

KUALA LUMPUR: Malaysia’s CIMB Islamic Bank Bhd, part of Southeast Asia’s fifth-largest lender by assets, expects moderate levels of domestic growth as it...

EU plans telecoms shake-up 11 Sep 2013 - 01:16 am

BRUSSELS: The EU presents a radical telecoms industry shake-up tomorrow, aiming to create a single, fully connected European market and remove unpopular mobile...

Europe’s carmakers warn of more cuts in weak recovery 11 Sep 2013 - 01:14 am

Journalists look at the Ford S-MAX Concept at the Ford exhibition booth during the press day of the Frankfurt Motor Show IAA in...

Jaguar eyes mass market SUVs, sedans 11 Sep 2013 - 01:14 am

LONDON: Luxury carmaker Jaguar said it would invest $2.4bn in a new range of lightweight aluminium sports sedans and crossover SUVs aimed at...

BMW accused of spying on Paris electric car scheme 11 Sep 2013 - 01:14 am

PARIS: The group that runs Paris car-sharing scheme Autolib’ said yesterday it had filed a criminal complaint accusing German carmaker BMW of using...

Unilever CFO stands by India investment 11 Sep 2013 - 01:13 am

LONDON: Unilever will keep investing in emerging markets like India even though growth is slowing, Chief Financial Officer Jean-Marc Huet said, pointing to...

Polish LNG terminal faces 6-month delay 11 Sep 2013 - 01:13 am

WARSAW: Poland’s proposed liquefied natural gas (LNG) terminal will be delayed by six months because of financial problems plaguing its builders and is...

Turkish economy picks up in Q2 11 Sep 2013 - 01:09 am

ISTANBUL: Turkey’s economy expanded more than expected in the second quarter, with strong domestic demand offsetting a huge trade shortfall, but ministers said...

Cowboys take advantage of error-prone Giants 10 Sep 2013 - 04:31 am

New York: The New York Giants kept giving Dallas the ball and it was only a matter of time before the Cowboys started...

Reinsurance premiums to grow faster 10 Sep 2013 - 04:26 am

From left: Dr Kai-Uwe Schanz, Shashank Srivastava and Akshay Randeva present the first annual Mena Reinsurance Barometer. DOHA: Mena reinsurance premiums will grow...

Qatar beats US, Italy in cost of construction 10 Sep 2013 - 04:26 am

DOHA: The construction costs in Qatar are much higher than the countries like US and Italy. An “International Construction Cost Report” released yesterday...

Muntajat’s LPG carrier Gas Ionian to carry vinyl chloride monomer 10 Sep 2013 - 04:25 am

A view of the new ship Gas Ionian. DOHA: Qatar Chemical and Petrochemical Marketing and Distribution Company (Muntajat) yesterday announced inducting a modern...

Osborne hails growing economy 10 Sep 2013 - 04:24 am

LONDON: Britain’s Finance Minister, George Osborne, said yesterday the UK economy had turned a corner and that its recovery was a vindication of...

Brent crude slips by $2.05 a barrel 10 Sep 2013 - 04:23 am

LONDON: Oil prices fell far from recent 28-month highs yesterday as weak US jobs data helped to offset fears of Middle East supply...