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Number of world hungry drops to one in eight people: UN 01 Oct 2013 - 11:44 am

ROME: The number of world hungry has dropped to one in eight people, but undernourishment remains a significant problem in Sub-Saharan Africa and...

Unilever sales hit by emerging markets slowdown 01 Oct 2013 - 11:39 am

THE HAGUE: Anglo-Dutch food and cosmetics giant Unilever, seen as a bellwether for global consumer spending, warned on Tuesday of slowdown in sales...

Al Hilal Bank launches $500m debut sukuk 01 Oct 2013 - 11:14 am

DUBAI: Abu Dhabi government-owned Al Hilal Bank launched its debut $500 million five-year sukuk issue, with the projected pricing much tighter than the...

QFC Regulatory Authority releases paper on proposed rule changes 01 Oct 2013 - 11:12 am

DOHA: The Qatar Financial Centre (QFC) Regulatory Authority Tuesday released a consultation paper on proposed rule changes that strengthen the rules for the...

Hungarian PM meets Qatari ambassador 01 Oct 2013 - 11:11 am

BUDAPEST: Hungarian Prime Minister Viktor Orban has met with HE Qatari Ambassador to Hungary Abdullah Hussein Al Jaber on the sidelines of the...

Bangladesh sentences senior opposition lawmaker to death 01 Oct 2013 - 10:45 am

DHAKA: Bangladesh's war crimes tribunal sentenced a senior opposition leader to death on Tuesday in the seventh such verdict by the body set...

US firm KKR to buy stake in Chinese appliance giant 01 Oct 2013 - 10:44 am

HONG KONG: US investment firm Kohlberg Kravis Roberts (KKR) has agreed to buy a 10 percent share in China's biggest appliance maker Qingdao...

Wells Fargo to pay $869m claim to Freddie Mac 01 Oct 2013 - 10:27 am

NEW YORK CITY: Wells Fargo bank said it will pay $869 million to Freddie Mac to settle claims of potential fraud in home...

GCC insurance market to see rapid premium growth 01 Oct 2013 - 10:26 am

JEDDAH: The GCC insurance market has been one of the fastest growing regions for insurers, with average annual revenue growth of 16.8 percent...

Tatas to sell S. Africa's Neotel to Vodafone unit 01 Oct 2013 - 10:10 am

MUMBAI: India's largest private sector conglomerate Tata Group is selling South Africa's Neotel seven years after it acquired a controlling stake in that...

Typhoon kills three, injures 35 in Vietnam 01 Oct 2013 - 09:19 am

HANOI: Typhoon Wutip, which hit central Vietnam, killed at least three people, injured 35 others and damaged over 95,000 houses in Vietnam's central...

Tokyo stocks close up 0.20pc after US shutdown 01 Oct 2013 - 09:15 am

TOKYO: Tokyo's Nikkei stock index finished in positive territory on Tuesday although early gains were pared after a political stalemate in Washington sparked...

Exchange Rates in Qatar 01 Oct 2013 - 08:53 am

Exchange Rates in Qatar DOHA: Exchange Rates for foreign currencies as issued on Tuesday Qatar National Bank (QNB) are as following: Currency Buying...

Tokyo Electric says contaminated water leaked at Fukushima 01 Oct 2013 - 08:34 am

TOKYO: The operator of Japan's crippled Fukushima nuclear plant said on Tuesday that four tonnes of rainwater contaminated with low levels of radiation...

Turkey pushes peace process with reforms 01 Oct 2013 - 02:55 am

Kurdish people watch a major policy speech by Turkish Prime Minister Recep Tayyip Erdogan on television in Diyarbakir yesterday. ANKARA: Turkey yesterday announced...

Court upholds jail term for ex-PM 01 Oct 2013 - 02:55 am

CAIRO: An Egyptian court yesterday upheld a one-year prison sentence against former Prime Minister Hisham Kandil, who headed the government of deposed President...

Gunmen kill soldier, three policemen in Sinai 01 Oct 2013 - 02:55 am

CAIRO: Gunmen killed three policemen and a soldier in Egypt’s Sinai region yesterday, security sources said, and Islamist militants released a video of...

Yemen army retakes base seized by militants 01 Oct 2013 - 02:54 am

ADEN: Yemeni special forces retook an army base and freed several hostages hours after Al Qaeda militants disguised as security personnel seized the...