Business

Porsche extending GTS to Boxster and Cayman 09 Apr 2014 - 01:34 am

The new Porsche. Doha: Porsche is extending the GTS principle to the Boxster and Cayman for the first time ever. Featuring top engines...

Samsung forecasts profit drop 09 Apr 2014 - 01:32 am

A woman looks at advertisements promoting Samsung Electronics’ Galaxy Note 3 smartphone in Seoul. SEOUL: Samsung Electronics yesterday posted estimated first quarter operating...

eDreams Odigeo skids on market debut 09 Apr 2014 - 01:31 am

Traders look at computer screens next to a banner of Spanish travel company eDreams Odigeo during its bourse debut in Madrid yesterday. MADRID:...

Chevron’s drilling in Romania 09 Apr 2014 - 01:30 am

People work at Chevron’s drilling site in Pungesti yesterday. The US estimates that Romania and its neighbouring countries Bulgaria and Hungary together have...

Bitcoin conference 09 Apr 2014 - 01:29 am

People attend a Bitcoin conference at the Javits Centre in New York City. Topics included market places to trade bitcoin, mining hardware to...

Qatar Exchange breaks rally, down 0.22pc 09 Apr 2014 - 01:28 am

Doha: Qatar Exchange snapped a 10-day rally yesterday when trading closed at 12,189.69 points, down 27.06 points, or 0.22 percent, from the previous...

IMF cuts world growth outlook 09 Apr 2014 - 01:25 am

WASHINGTON: The International Monetary Fund cut its growth forecast for the global economy yesterday, pointing to the threat from the Ukraine crisis and...

‘Egypt growth to remain slow’ 09 Apr 2014 - 01:25 am

DUBAI: Growth in Egypt’s economy is expected to remain sluggish this year as political uncertainty keeps tourists and foreign investors away, the International...

EU, Ukraine talk on gas amid tension 09 Apr 2014 - 01:23 am

BRUSSELS: Ukraine’s energy minister, EU officials and industry representatives held talks yesterday on cutting reliance on Russian gas as tension with Moscow drove...

Special offers from Ritz-Carlton for Qatar spring holidays 09 Apr 2014 - 01:23 am

Manama: The Ritz-Carlton, Bahrain Hotel & Spa recently released special offers on its villas coinciding with Qatar spring holidays. Set amidst lush gardens...

Stéphane Michel to head TOTAL’s Mena E&P division 09 Apr 2014 - 01:23 am

DOHA: Integrated energy giant ‘TOTAL’ has announced that the North Africa Division of its Exploration and Production (E&P) activities has been transferred to...

Germany goes for renewable energy reform 09 Apr 2014 - 01:23 am

BERLIN: Chancellor Angela Merkel’s cabinet approved yesterday a reform of Germany’s renewable energy law designed to curb a rise in the cost of...

Europe court scraps phone, email data collection law 09 Apr 2014 - 01:22 am

LUXEMBOURG: Europe’s top court yesterday struck down an EU law forcing telecoms operators to store private phone and email data for up to...

Etihad completes Alitalia check 09 Apr 2014 - 01:22 am

ROME: Abu Dhabi-based Etihad Airways has completed its assessment of whether to purchase a stake in Italy’s debt-laden airline Alitalia and a draft...

UK extends recovery as factories boost output 09 Apr 2014 - 01:21 am

LONDON: Britain’s economy extended its strong recovery into this year, data showed yesterday, with manufacturing jumping by much more than expected, companies reporting...

Citi to pay $1.1bn for settlement 09 Apr 2014 - 01:21 am

NEW YORK: Citigroup said it reached an agreement with a group of 18 institutional investors to pay $1.1bn to settle claims on some...

Bank of Japan quashes additional stimulus hopes 09 Apr 2014 - 01:20 am

TOKYO: The head of the Bank of Japan yesterday quashed hopes of an imminent expansion to its massive stimulus scheme, and said the...

Microsoft ends Windows XP support 09 Apr 2014 - 01:20 am

BOSTON: Microsoft Corp released its final security updates for Windows XP and Office 2003 yesterday as security experts warned users that they could...