Business

Doha Bank profit up 5.2pc at QR787m 17 Jul 2014 - 05:52 am

FROM LEFT: Doha Bank Chairman Sheikh Fahad bin Mohammad bin Jabor Al Thani, Managing Director Sheikh Abdul Rehman bin Mohammad bin Jabor Al...

QIB, Noor Bank, Warba Bank lead arrangers for $155m loan 17 Jul 2014 - 05:51 am

Saeed Alkhayareen, QIB Acting GM of Wholesale Banking, signing the deal documents in the presence of representatives and officials from the client’s side,...

Time Warner rebuffs $80bn Fox bid 17 Jul 2014 - 05:50 am

Rupert Murdoch (left) with his son James at the Allen and Co media conference in Sun Valley, Idaho last week. NEW YORK: Rupert...

Samsung battles on two fronts as Apple readies iPhone 6 17 Jul 2014 - 05:50 am

SEOUL: Samsung Electronics Co Ltd is losing smartphone ground not only to cheaper Chinese rivals but also at the high end to Apple...

Etihad to complete Alitalia deal this month 17 Jul 2014 - 05:49 am

ROME: Etihad Airways chief James Hogan said yesterday he aimed to complete negotiations on buying 49 percent of Alitalia by the end of...

Yellen defends Fed independence 17 Jul 2014 - 05:48 am

US Federal Reserve Chair Janet Yellen testifying before the House of Representatives Financial Services Committee on Capitol Hill in Washington yesterday. WASHINGTON: Federal...

Freer trade, capital flows key for growth: B20 17 Jul 2014 - 05:47 am

SYDNEY: Business leaders from the G20 major economies called yesterday for free flows of trade, capital and jobs to boost growth, but avoided...

Mena cloud services sector investments to hit $4.7bn 17 Jul 2014 - 05:45 am

DOHA: Given the cost efficiency and other benefits of Cloud Computing Services, the innovative technology for data storage is becoming increasing popular in...

Apple, IBM team up for mobile devices 17 Jul 2014 - 05:45 am

NEW YORK: Apple and IBM unveiled a “landmark” partnership to win over business customers by offering iPhones and iPads that are specially tailored...

Renault expects 40pc UK growth 17 Jul 2014 - 05:44 am

LONDON: Renault expects it will sell over 100,000 cars and vans in Britain in 2014, around 40 percent higher than last year, the...

Renault gains in Europe, holds firm internationally 17 Jul 2014 - 05:44 am

DOHA: Strong performance of Renault and Dacia brands in Europe, driven by the success of Clio, Captur, Duster phase 2 and Sandero, enabled...

Earnings optimism aids Qatar market 17 Jul 2014 - 05:44 am

DUBAI: Dubai’s bourse continued to lead the region up yesterday, even though builder Arabtec slowed its advance, while Nakilat in Qatar jumped on...

National Bank of Kuwait profit jumps 12.6pc in H1 17 Jul 2014 - 05:44 am

DOHA: National Bank of Kuwait (NBK) reported net profits of $514m (KD144.8m) for the first half of 2014 compared with $456m (KD128.5m) for...

China’s growth speeds up to 7.5pc in Q2 17 Jul 2014 - 05:43 am

BEIJING: China’s economic growth picked up slightly in the second quarter as a burst of government stimulus paid dividends, but analysts said Beijing...

BMW to double China models 17 Jul 2014 - 05:43 am

FRANKFURT: BMW said it will increase the number of models it builds in China from three to six in the coming years to...

BMW to recall 1.6m cars for air bag issues 17 Jul 2014 - 05:43 am

DETROIT/FRANKFURT: German automaker BMW said yesterday it is recalling about 1.6 million cars worldwide to replace passenger-side front airbags made by Takata Corp...

Ukraine hikes rate to highest level in decade 17 Jul 2014 - 05:42 am

KIEV: Ukraine’s central bank said yesterday it will raise its key lending rate by a hefty three percentage points to its highest level...

London gold market closer to reforms 17 Jul 2014 - 05:41 am

LONDON: London’s gold market moved a step closer to reform of a century-old method of setting the price of gold, authorities said yesterday....