Business

Threatened duties push China solar firms offshore 03 Oct 2012 - 12:14 pm

By Krishna N Das and Swetha Gopinath Chinese solar companies are being forced to speed up plans to move a big chunk of...

A very strange way to assess safety of banks 03 Oct 2012 - 12:14 pm

By Simon Johnson Global regulators have a peculiar way of assessing the soundness of big banks: Ask bankers how risky their investments are,...

ECB’s ‘nuclear option’ better as deterrent than weapon 03 Oct 2012 - 12:13 pm

By Paul Taylor Buying unlimited quantities of bonds is sometimes described as a central bank’s nuclear option, deploying an overwhelming force that threatens...

Xstrata, Glencore announce new terms for tie-up 02 Oct 2012 - 07:46 pm

ZURICH: Swiss mining group Xstrata and commodities giant Glencore said yesterday they had agreed on new terms for their tie-up to create a...

Atos opens Qatar branch 02 Oct 2012 - 07:45 pm

DOHA: Atos an international information technology company and Worldwide IT Partner of the London 2012 Olympic and Paralympic Games yesterday launched its branch...

EADS-BAE merger demands erupt as talks intensify 02 Oct 2012 - 07:45 pm

BERLIN/PARIS: Airbus parent EADS and arms group BAE Systems must restructure a $45bn merger, a top shareholder said, as a government source threatened...

Barwa Bank eyeing Doha IPO, says CEO 02 Oct 2012 - 07:45 pm

DOHA/DUBAI: Barwa Bank, a Qatari lender part-owned by Qatar Holding, plans an initial public offering on the Doha stock exchange and is being...

QE index gained 26.57 points in Sept 02 Oct 2012 - 07:45 pm

DOHA: The Qatari bourse gained 26.57 points (or 0.31 percent) last month over August 2012 as trading closed at 8,510.21 points on September...

Greek budget sees 6th year of recession 02 Oct 2012 - 07:44 pm

ATHENS: Greece will bring forward painful budget cuts to end a decade of primary deficits while grappling with a sixth year of recession,...

Kuwait should cut spending: central bank governor 02 Oct 2012 - 07:44 pm

KUWAIT: Kuwait’s government should take all necessary measures to cut spending and focus on investing in projects that will benefit the major oil...

UAE, Morocco banks bid for BNP Egypt unit 02 Oct 2012 - 06:33 pm

DUBAI/CAIRO: Dubai’s Emirates NBD and Morocco’s Attijariwafabank have bid for BNP Paribas’ Egyptian retail arm, four banking sources said, as regional banks look...

Egypt talks on $4.8bn deal with IMF delayed 02 Oct 2012 - 06:33 pm

CAIRO: Egypt’s negotiations for a $4.8bn loan from the IMF have been delayed to give the government more time to draw up its...

Iran currency tumbles 17pc in one day 02 Oct 2012 - 06:33 pm

TEHRAN: Iran’s currency plummeted at least 17 percent in trading yesterday, according to media and an online exchange website, severely adding to strains...

KPMG to hold seminar on FATCA US tax legislation 02 Oct 2012 - 06:32 pm

Doha: The impact of the USA’s Foreign Account Tax Compliance Act (FATCA) legislation on the Qatar financial market and the recent developments over...

QFIB supports Meed Qatar summit 02 Oct 2012 - 06:31 pm

Doha: Qatar First Investment Bank (QFIB), Qatar’s independent Islamic investment bank authorised by the QFC Regulatory Authority has announced its support as the...

Nationalise banks to get Britain working again 02 Oct 2012 - 06:31 pm

By Jonathan White AS the Labour party meets this weekend, its leadership will come under pressure from the trade union movement to show...

Tax reform does not guarantee growth 02 Oct 2012 - 06:30 pm

By David Callahan ONE of the few things that President Obama and Mitt Romney are likely to agree on when they debate next...

Don’t panic about the fiscal cliff 02 Oct 2012 - 06:29 pm

By Anatole Kaletsky WHO’S afraid of the fiscal cliff? Even as protests in Spain and Greece revive jitters in the eurozone, global businesses...