Business

Alibaba’s Jack Ma is now China’s richest person after largest ever stock offer 24 Sep 2014 - 07:36 am

Chelsea Clinton and Alibaba Group founder Jack Ma at the Clinton Global Initiative 2014 in New York yesterday. SHANGHAI: The largest stock offer...

EC President visits NYSE 24 Sep 2014 - 07:35 am

NYSE Specialist Wingszi Chiang (left) works at her trading post with European Commission President Jose Manuel Barroso (right) on the floor of the...

Canon to create new firm with Salam Technology 24 Sep 2014 - 07:35 am

Anurag Agrawal (left), Managing Director of Canon Middle East, with Mahmoud El Deeb, Managing Director, Salam Technology. Doha: Canon Middle East announced the...

Gulf Air signs MoU with Tamkeen for job training 24 Sep 2014 - 07:34 am

Officials after signing the memorandum of understanding. Doha: Gulf Air, the national carrier of the Kingdom of Bahrain, and Tamkeen signed a Memorandum...

German industry meet 24 Sep 2014 - 07:31 am

President of the Federation of German Industry (BDI) Ulrich Grillo (centre) with French Prime Minister Manuel Valls (left) and French Economy and Industry...

Philips splits off lighting unit in historic move 24 Sep 2014 - 07:30 am

The logo of Philips on a building of its headquarters in Amsterdam. AMSTERDAM: Philips, the Dutch conglomerate that started life making light bulbs...

Truck show in Germany 24 Sep 2014 - 07:28 am

Journalists at the booth of German truck maker Mercedes Benz at the IAA truck show in Hanover, yesterday. The IAA 2014 will open...

Pertamina reforms 24 Sep 2014 - 07:27 am

Drivers of fuel tankers wait to load their cargo at a Pertamina fuel depot in Jakarta. In his first energy action plan since...

US closes loopholes to curb corporate tax inversions 24 Sep 2014 - 07:26 am

WASHINGTON: The US Treasury took action to halt a rising torrent of US companies moving offshore to cut their tax bills, saying the...

UAE in no rush to change Opec target 24 Sep 2014 - 07:26 am

ABU DHABI/FUJAIRAH: The United Arab Emirates is in no hurry to see Opec cut its oil output target this year despite the sharp...

Profit-taking pulls down QE index 24 Sep 2014 - 07:26 am

DOHA: Profit-taking continued to pull Qatar stocks down on third consecutive session yesterday. The benchmark index shed 0.79 percent or 111 points to...

Project Qatar to attract 15 sectors 24 Sep 2014 - 07:25 am

DOHA: The 12th edition of Project Qatar, scheduled to be held from May 4 to 7, 2015 at the Qatar National Convention Centre...

Gulf Helicopters takes delivery of first AW189S 24 Sep 2014 - 07:25 am

DOHA: Gulf International Services (GIS), the largest service group in Qatar, with interest in a broad cross-section of industries, has announced the delivery...

Al Rayan to hold stake buy in Libya 24 Sep 2014 - 07:25 am

DOHA: The Board of Directors meeting of Masraf Al Rayan has decided to put on hold all steps concerning acquisition of stake in...

Tesco parachutes in new finance head 24 Sep 2014 - 07:25 am

LONDON: Tesco rushed its new chief financial officer into place yesterday, trying to shore up a leadership team badly damaged by the accounting...

Apple set to shut down Beats music service 24 Sep 2014 - 07:24 am

SAN FRANCISCO: Apple is set to discontinue the Beats streaming music service it acquired earlier this year to focus on iTunes, the news...

Qatar infrastructure sector to benefit from BIM software 24 Sep 2014 - 07:24 am

DOHA: Qatar’s ambitious plans to roll out more than $200bn in infrastructure projects by 2022 will require advanced Building Information Modeling (BIM) software,...

Growth slows in eurozone as China picks up 24 Sep 2014 - 07:24 am

LONDON/BEIJING: Eurozone business growth dipped to a 2014 low in September as firms again cut prices, while factory activity in China picked up...