Business

Mining exports drive Australian economy up 05 Jun 2014 - 12:35 am

SYDNEY: The Australian economy expanded a better-than-expected 1.1 percent in the first quarter of 2014 with a strong rise in mining exports driving...

Oil sector needs $48tr funds 04 Jun 2014 - 02:14 am

LONDON: A potential shortfall in investment in production in the Middle East could create a $15 spike in the oil price by 2025,...

Russia, Ukraine hope for gas deal this week 04 Jun 2014 - 02:10 am

Traders work on the floor of the Moscow Exchange yesterday. MOSCOW: Russia and Ukraine signalled yesterday they hope to resolve a dispute by...

KPMG holds meet on family businesses 04 Jun 2014 - 02:09 am

Participants at the KPMG’s MESA steering group for family business and enterprise. Doha: KPMG’s Middle East and South Asia (MESA) steering group for...

ICT Business Award announces winners 04 Jun 2014 - 02:08 am

Saad Al Qahtani (left), Fi Technologies, receiving award from Faleh Al Naemi. Doha: The Ministry of Information and Communications Technology announced the ICT...

UK house price growth hits 7-year high 04 Jun 2014 - 02:07 am

Estate agents boards are lined up outside houses in south London yesterday as house prices rose at their fastest annual pace in seven...

Ford shows off ‘smart’ Mustang 04 Jun 2014 - 02:06 am

A visitor walks next to a Ford Mustang car during the Computex tech show in Taipei. TAIPEI: US auto giant Ford showed off...

Russia, China to create joint rating agency 04 Jun 2014 - 02:04 am

MOSCOW: Russia and China have reached an agreement to create a joint credit rating agency and are working on a series of measures...

Cargo carriers battle competition from seas, passenger planes 04 Jun 2014 - 02:04 am

DOHA: As more cargo shifts to passenger planes and back onto the seas, airlines are having to rethink their cargo operations or risk...

Airlines debate costs of aircraft tracking 04 Jun 2014 - 02:03 am

DOHA: Moves by airlines to keep track of their aircraft in real time following the disappearance of Malaysian Airlines’ flight MH370 could push...

IATA to hold 71st AGM in Miami, gets new chief 04 Jun 2014 - 02:03 am

Doha: Airline leaders will assemble in Miami, Florida, for the 71st Annual General Meeting of the International Air Transport Association (IATA) and World...

Eurozone inflation slows in new signal for ECB easing 04 Jun 2014 - 02:01 am

BRUSSELS: Inflation in the eurozone slowed last month to financial crisis levels, putting extra pressure on the ECB to act to fight a...

QE to take part in Arab bourses conference 04 Jun 2014 - 02:01 am

Doha: Qatar Exchange (QE) will participate in the Annual Conference of the Arab Federation of Exchanges (AFE)to be held in Dubai over the...

Chrysler’s US May sales jump 17pc 04 Jun 2014 - 02:00 am

WASHINGTON: US automaker Chrysler said yesterday US sales of cars and truck leaped 17 percent in May from a year ago as Jeep...

Libyan currency under pressure 04 Jun 2014 - 12:13 am

A man counts US dollars at a currency exchange in central Tripoli, yesterday. Libya’s currency is under heavy pressure as a breakdown in...

Pay TV network available for Arabic viewers 04 Jun 2014 - 12:12 am

BY ERIKA WIDEN Doha: OSN launched ‘Go’ recently in the region and the feedback from subscribers has been extremely positive. OSN is a...

Abu Dhabi grows 5.2pc in 2013, slower than expected 04 Jun 2014 - 12:09 am

DUBAI: Abu Dhabi’s economy expanded an inflation-adjusted 5.2 percent in 2013, its official statistics centre said yesterday, a much slower rate than the...

British bad bank warns against rate increase 04 Jun 2014 - 12:09 am

LONDON: The boss of Britain’s “bad bank” has warned that rising interest rates could push thousands of its customers into arrears, potentially making...