Business

IEA slashes oil demand outlook on weak growth 12 Sep 2014 - 04:29 am

PARIS: Demand for oil is feeling the squeeze of weak growth in Europe, slowdown in China and abundant supplies, the International Energy Agency...

Oil hits two-year low as supplies build 12 Sep 2014 - 04:29 am

LONDON: Brent crude dropped to a two-year low below $97 a barrel yesterday, falling for a sixth straight session as mounting supply and...

China misses out on first wave of new iPhone releases 12 Sep 2014 - 04:28 am

BEIJING: Consumers in China, who represent an increasingly critical pillar of Apple Inc’s business, will not be able to buy the new iPhone...

BlackBerry buys UK mobile technology start-up 12 Sep 2014 - 04:27 am

TORONTO/LAS VEGAS: BlackBerry has acquired a UK-based mobile technology start-up whose software allows users to have multiple phone numbers on the same device,...

China fines Volkswagen affiliate $40.5m 12 Sep 2014 - 04:26 am

BEIJING: An affiliate of German carmaker Volkswagen has been fined more than $40.5m for price-fixing in China, authorities said yesterday, the latest company...

Argentina clears debt law to skirt US ruling 12 Sep 2014 - 04:26 am

BUENOS AIRES: Argentina’s Congress yesterday overwhelmingly passed a debt bill aimed at defying a US court ruling which tipped the country into default...

Qatar Development Bank projects funding reaches QR3.5bn 12 Sep 2014 - 04:25 am

DOHA: HE Sheikh Abdullah bin Saud Al Thani, Governor of Qatar Central Bank (QCB), and Chairman of the Board of Directors of Qatar...

China’s August inflation dips to 2pc 12 Sep 2014 - 04:25 am

BEIJING: Chinese consumer prices rose 2 percent in August on-year, official data showed yesterday, inflation in the world’s second-largest economy slipping to a...

QE index up 102.84 points last week 12 Sep 2014 - 04:25 am

DOHA: Qatar Exchange index gained 102.84 points, or 0.74 percent, past week when the bourse closed yesterday at 14,088.82 points. Trading value during...

Oil hits 17-month low at $98 11 Sep 2014 - 01:00 am

LONDON: Oil dropped to a 17-month low close to $98 a barrel yesterday as rising supplies and weak demand helped extend losses into...

Al Sada to participate in GCC petroleum meeting 11 Sep 2014 - 12:57 am

DOHA: H E Dr Mohamed bin Saleh Al Sada (pictured), the Minister of Energy and Industry, yesterday left for Kuwait as the head...

Qatar businesses firmly optimistic 11 Sep 2014 - 12:55 am

FROM LEFT: Yousef Mohammed Al Jaida, Deputy CEO of QFC Authority, Sheikh Mohammed bin Faisal Al Thani, Board Member, Qatari Businessmen Association, Sarah...

Focus on evolving insurance rules 11 Sep 2014 - 12:54 am

KPMG officials Adeel Mushtaq, David Kirk and Yacoub Hobeika, at a seminar on Insurance Regulations in Doha yesterday. Salim Matramkot DOHA: KPMG in...

Ezdan Holding launches website 11 Sep 2014 - 12:53 am

Senior officials of the company at the launch. DOHA: Ezdan Holding Group yesterday launched its official website at a ceremony attended by senior...

WEF meeting in China 11 Sep 2014 - 12:51 am

Chinese Premier Li Keqiang (left) and Klaus Schwab, founder and executive chairman of the World Economic Forum (WEF) attend the World Economic Forum’s...

Santander’s patriarch Botin dies 11 Sep 2014 - 12:51 am

Flags fly at half-mast near the entrance of the Santander’s offices in Boadilla del Monte outside Madrid yesterday. Emilio Botin, one of Spain’s...

Gold nears 7-month low on Fed rate hike fears 11 Sep 2014 - 12:49 am

NEW YORK/LONDON: Gold fell 0.7 percent yesterday, trading near its lowest in seven months at just over $1,240 an ounce, pulled down by...

GCC fertiliser industry strengthening food security 11 Sep 2014 - 12:49 am

Doha: The GCC’s export-oriented fertiliser industry is set to play a key role in fortifying global food security, says a new report by...