Business

US jobless claims dip to 7-year low 11 Apr 2014 - 06:01 am

WASHINGTON: New claims for US unemployment insurance benefits tumbled last week to the lowest level in seven years, government data released yesterday showed....

Basrah Gas starts design of Ratawi project 11 Apr 2014 - 05:59 am

Basra: Basrah Gas Company (BGC), the three-way joint venture between Iraq South Gas Company (51 percent), Shell (44 percent) and Mitsubishi (5 percent),...

BP pledges to stay in Russia amid crisis 11 Apr 2014 - 05:59 am

LONDON: British energy giant BP vowed yesterday to remain in oil-rich Russia despite the Ukraine crisis, adding it would play a key “bridge”...

Ukraine bailout won’t fail, says IMF chief 11 Apr 2014 - 05:59 am

WASHINGTON: IMF chief Christine Lagarde voiced confidence yesterday that Ukraine would meet conditions of a bailout and stabilise its economy, which is reeling...

Japan, US trade talks fail on TPP 11 Apr 2014 - 05:58 am

TOKYO: Intensive talks between Japan and the United States aimed at breaking the deadlock over a huge pan-Pacific trade deal ended yesterday without...

Qatar bourse inches to historic highs 10 Apr 2014 - 08:35 am

By Satish Kanady DOHA: Investors found more reasons to push Qatar stocks higher yesterday to finish at a new record high in nearly...

Toyota to recall 6.39m vehicles 10 Apr 2014 - 08:33 am

Toyota’s 2007 Yaris S Sedan at the Los Angeles Auto Show in California. TOKYO: Toyota Motor Corp, in its second-largest recall announcement, said...

Mideast airlines grow faster globally 10 Apr 2014 - 08:31 am

Antony Tyler (left), Director General and CEO, IATA, and Anthony Concil, Director, Corporate Communications, IATA, in Doha yesterday. Abdul Basit BY MOHAMMAD SHOEB...

Greeks strike against reforms 10 Apr 2014 - 08:30 am

Protesters shout slogans as they march towards Parliament during a general labour strike in Athens yesterday. ATHENS: Greek unions held a 24-hour anti-austerity...

Russia, China close to gas supply deal 10 Apr 2014 - 08:29 am

Women fill in documents at an office of the Russian National Commercial Bank in Crimea’s Simferopol yesterday. MOSCOW: Russia said yesterday it was...

Protest for minimum wages 10 Apr 2014 - 08:28 am

Activists chant for higher wages outside a McDonald’s restaurant yesterday in Stamford, Connecticut. Demonstrations were organised across the state by Connecticut Working Families...

German trade surplus slips 10 Apr 2014 - 08:27 am

People looking at a washing machine during a media preview at the Panasonic booth at the IFA consumer electronics fair in Berlin. German...

QNB Group’s Q1 net profit up at QR2.4bn 10 Apr 2014 - 08:26 am

DOHA: QNB Group, the region’s largest lender, recorded a net profit of QR2.4bn for the three months ended March 2014, up by 13.7...

QE’s MSCI upgrade announcement by mid-May 10 Apr 2014 - 08:26 am

DOHA: The global index compiler MSCI is expected to finalise the constituent list for Qatar and UAE in their May Semi-Annual Index Review...

US fines GM for not providing recall info 10 Apr 2014 - 08:25 am

WASHINGTON: General Motors is being fined $7,000 a day for missing an April 3 deadline to provide information about its recall of 2.6...

Untaxed US corporate profits held overseas top $2.1 trillion: Study 10 Apr 2014 - 07:43 am

WASHINGTON: Foreign profits held overseas by US corporations to avoid taxes at home nearly doubled from 2008 to 2013 to top $2.1 trillion,...

Bank of England to hold record-low rates 10 Apr 2014 - 07:43 am

LONDON: The Bank of England is forecast to freeze interest rates at a record-low 0.50 percent, amid caution over the strength of Britain’s...

Qatar Duty Free opens Samsung Galaxy S5 sale from tomorrow 10 Apr 2014 - 07:40 am

DOHA: Qatar Duty Free (QDF) yesterday revealed the much awaited Samsung Galaxy S5 which will be available for passengers to purchase from tomorrow....