Business

RBI keeps rates on hold to guard against inflation 01 Oct 2014 - 09:45 am

MUMBAI: India’s central bank kept interest rates on hold yesterday as expected as it awaits more proof that stubbornly high inflation is headed...

Sisi makes fast start on reforms 01 Oct 2014 - 09:44 am

CAIRO: In his first 100 days in office, Egyptian President Abdel Fattah Al Sisi has made a fast start on economic reform: slashing...

Turkey hikes fuel prices, pushing inflation forecasts above 9 percent 01 Oct 2014 - 09:44 am

ISTANBUL: Turkey will hike electricity and natural gas prices by nine percent from October, Energy Minister Taner Yildiz said yesterday, blaming a weaker...

Data casts doubts on Japan recovery 01 Oct 2014 - 09:43 am

TOKYO: Japan’s factory output saw a surprise drop and household spending kept falling in August, data showed yesterday, fanning fears about the impact...

RBS to resolve misconduct fallout soon 01 Oct 2014 - 09:43 am

LONDON: State-backed Royal Bank of Scotland expects to be able to put the fallout from past misconduct behind it over the next 18...

Barwa Bank hosts trade finance workshop 01 Oct 2014 - 09:42 am

DOHA: Barwa Bank hosted an interactive trade finance workshop for clients and employees titled ‘Global Trade Trends and Challenges’ as part of the...

Renault posts record sales rise in GCC 01 Oct 2014 - 09:42 am

Dubai: Renault announced its sales figures have increased to 10,656 units across the GCC from January to August 2014 – a rise of...

Banks prepare for tough winter in Russia 01 Oct 2014 - 09:41 am

MOSCOW/LONDON: The annual “Russia Calling” investment conference kicks off this week in Moscow with investment bankers in no mood to talk. Western sanctions...

Opec oil output hits highest since 2012 01 Oct 2014 - 02:49 am

LONDON: Opec’s oil supply jumped to its highest in almost two years in September, a survey found, due to further recovery in Libya...

GCC ports set to face logistic pressure 30 Sep 2014 - 01:06 am

DOHA: Faced by a booming trade demand, the GCC’s logistic sector is set to pile enormous pressure on the ports across the region....

Hassad Food for investments in Turkey 30 Sep 2014 - 01:04 am

Nasser Al Hajri (left), Chairman and Managing Director of Hassad Food with Turkey’s Minister of Agriculture Mehdi Eker. DOHA: Hassad Food, the global...

Airbus A350XWB test flight 30 Sep 2014 - 01:03 am

Airbus A350XWB aircraft stage a test flight from the Airbus headquarters in Blagnac, Southern France, yesterday. The A350XWB, with a capacity of between...

Belgacom’s branding campaign 30 Sep 2014 - 12:58 am

Dominique Leroy, chief executive officer of Belgian telecoms operator Belgacom, poses in front of the company’s new branding campaign in Brussels yesterday. Belgacom...

Arabian MEP wins Infrastructure Project award 30 Sep 2014 - 12:57 am

Doha: Arabian MEP, a Grade – A Qatari Engineering Services Contractor, has been announced as the winner of ‘Infrastructure Project of the Year...

US-EU trade pact back in spotlight 30 Sep 2014 - 12:56 am

BRUSSELS: The woman likely to become the EU’s new trade chief sought to reassure lawmakers yesterday that US companies will not be able...

PepsiCo opens innovation centre in Middle East 30 Sep 2014 - 12:55 am

Officials inaugurating the new innovation centre in Dubai. Doha: PepsiCo, one of the leading food and beverage companies, yesterday announced the opening of...

Russian rouble at historic low 30 Sep 2014 - 12:45 am

People walk past a board showing currency exchange rates in St Petersburg. The Russian rouble reached a historic low against the dollar yesterday...

Lufthansa on strike 30 Sep 2014 - 12:44 am

Aircraft of German airline Lufthansa in park position at the airport in Frankfurt am Main, western Germany. Lufthansa staff will stage a strike...