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Seoul ferry owner’s son gets 3-year jail term 05 Nov 2014 - 10:36 pm

SEOUL: The son of the South Korean tycoon blamed for April’s ferry disaster that killed more than 300 passengers, mostly schoolchildren, was sentenced...

Qatar Stock index drops 270.62 points 05 Nov 2014 - 05:52 pm

DOHA: Qatar Stock Exchange (QSE) index dropped 270.62 points (1.96 percent) when the bourse closed at 13,528.67 points Wednesday. The traded value however...

Saudi beheads Pakistani drug smuggler 05 Nov 2014 - 05:49 pm

RIYADH: Saudi Arabia beheaded a Pakistani on Wednesday for trafficking heroin hidden in his stomach into the kingdom, the interior ministry said, the...

Philippine military alarmed at militants' ransom showcase 05 Nov 2014 - 05:48 pm

MANILA: The Philippine military on Wednesday expressed alarm that Islamic rebels may go on an arms spending spree after they posted a video...

Shelling kills 11 children in rebel area of Damascus 05 Nov 2014 - 05:46 pm

BEIRUT: Shelling of a rebel-held area in the northeast of the Syrian capital killed 11 children on Wednesday, a monitoring group said, with...

Qatar Airways donates QR2.4m to EAA's Educate A Child 05 Nov 2014 - 05:44 pm

DOHA: Qatar Airways (QA) Wednesday donated QR 2.4 million to Education Above All Foundation for its 'Educate A Child' global programme. QA Group...

India completes $900m payment to Iran under interim deal 05 Nov 2014 - 02:41 pm

NEW DELHI: Indian refiners completed payment of $900 million in frozen oil revenues to Iran on Wednesday under an interim deal that eased...

Qatar Airways expands fleet with three new aircraft 05 Nov 2014 - 01:58 pm

DOHA: Two Boeing 787 Dreamliners and one Boeing 777 have joined Qatar Airways (QA) expanding fleet. Receiving deliveries of three new aircraft in...

ICC Qatar to host Women Entrepreneurship Day 05 Nov 2014 - 01:55 pm

DOHA: The International Chamber of Commerce Qatar (ICC Qatar) will organise at Qatar Chambers a ladies entrepreneurship event to celebrate the Women Entrepreneurship...

Marks & Spencer share rally boosts blue-chip FTSE index 05 Nov 2014 - 12:57 pm

LONDON: Britain's top share index advanced on Wednesday, with retailer Marks & Spencer leading the market higher after raising its margin outlook and...

Gazprom confirms Ukraine's gas payment 05 Nov 2014 - 12:18 pm

MOSCOW: Russia's gas giant Gazprom on Wednesday confirmed receipt of part of the money Ukraine owes it for gas, but Kiev must now...

Toyota says on track for record full-year profit 05 Nov 2014 - 11:45 am

TOKYO: Toyota on Wednesday said it was on track to book a record $17.5 billion full-year net profit, as the company also lifted...

Tokyo shares end up 0.44pc 05 Nov 2014 - 11:27 am

TOKYO: Tokyo stocks ended 0.44 percent higher Wednesday, reversing morning losses as the dollar pushed back above 114 yen after US Republicans took...

16 dead as Egypt school bus collides with tanker truck 05 Nov 2014 - 11:24 am

CAIRO: A bus packed with teenagers on their way to school collided with an oil tanker truck in northern Egypt on Wednesday leaving...

No Obama-Putin meetings on sidelines of APEC and G20: Kremlin 05 Nov 2014 - 11:14 am

MOSCOW: No bilateral meetings between Presidents Barack Obama and Vladimir Putin are scheduled during the APEC and G20 summits next week, a Kremlin...

28 Taliban militants killed in Uruzgan, Khost operations 05 Nov 2014 - 11:06 am

KABUL: Taliban militants have suffered heavy casualties in southeastern Khost and central Uruzgan province during clearing operations. The Afghan Ministry of Interior (MoI)...

Barwa to retain BAS shares in assets deal with Qatari Diar 05 Nov 2014 - 11:03 am

DOHA: Barwa Real Estate Company and Qatari Diar Real Estate Investment Company have decided to exclude from their asset transfer deal the shares...

Rolls-Royce to cut 2,600 staff, appoints new finance chief 05 Nov 2014 - 10:31 am

A statue of Henry Royce stands outside Rolls-Royce in Derby, central England. LONDON: British engineer Rolls-Royce plans to cut 2,600 jobs to save...