Business

Dollar sinks in Asia on low US bond yields 31 May 2014 - 01:17 am

TOKYO: The dollar fell further in Asia yesterday with investors discouraged by low yields on US bonds and caution ahead of market-moving events...

Siemens says up to 11,600 jobs at risk in restructuring 31 May 2014 - 01:17 am

MUNICH: The chief executive of German conglomerate Siemens said up to 11,600 jobs could be at risk in a restructuring plan he unveiled...

Qatari bourse index gains 8.02pc in May 30 May 2014 - 01:02 pm

Doha: Qatari stock market ended the month on a positive note as Qatar Exchange index gained 1,016.60 points, or 8.02 percent, in May...

Egypt okays 10pc capital gains tax on stock profits 30 May 2014 - 01:01 pm

A pedestrian walks past currency exchange shop and street stalls in Cairo yesterday. CAIRO: Egypt has approved the introduction of a 10 percent...

Apple to buy Beats for $3bn 30 May 2014 - 01:00 pm

A pedestrian walks past a Beats brand display in the subway system of New York yesterday. NEW YORK: Apple, seeking to bolster its...

Facebook COO at Harvard 30 May 2014 - 12:59 pm

Facebook’s COO Sheryl Sandberg delivers the Class Day address at Harvard University in Cambridge, Massachusetts, one day ahead of Commencement Exercises at the...

Hyundai launches two sedans 30 May 2014 - 12:58 pm

Models with Hyundai Motor Co’s New sedan The AG (left) and a diesel version of the Grandeur (Azera) sedan at Busan International Motor...

TPAO to buy Total’s stake in Azeri gas 30 May 2014 - 12:55 pm

ANKARA: Turkey’s state oil company Turkish Petroleum Corp (TPAO) has agreed to acquire French energy company Total’s 10 percent stake in Azerbaijan’s Shah...

Russia-Ukraine gas talks today 30 May 2014 - 12:55 pm

BRUSSELS/ATHENS: Talks between Russia, Ukraine and the European Commission to resolve a gas dispute will go ahead today, the Commission said, as time...

Argentina obtains debt deal to steady economy 30 May 2014 - 12:54 pm

PARIS: Argentina, fighting to stabilise its economy, obtained a deal yesterday to clear nearly $10bn in debt arrears from official creditors in The...

Changes in UDC management 30 May 2014 - 12:54 pm

DOHA: The Board of Directors of United Development Company (UDC), the master developer of The Pear-Qatar, yesterday convened a meeting to discuss the...

Internal auditing meet conducted 30 May 2014 - 12:53 pm

DOHA: PwC launched 2014 State of Internal Audit Profession in the 4th National Conference on Internal Auditing organised by the Institute of Internal...

Infosys drops 7pc as top executive quits 30 May 2014 - 12:53 pm

MUMBAI: Shares in Indian outsourcing giant Infosys sank by 7 percent yesterday after the latest departure of one of the company’s senior managers....

Spain economy grows at fastest rate since 2008 30 May 2014 - 12:53 pm

MADRID: Spain reported yesterday the fastest economic growth since a devastating 2008 property crash, even as 5.9 million people searched in vain for...

US economy in Q1 stumbles, but prospects brighter 30 May 2014 - 12:52 pm

WASHINGTON: The US economy contracted for the first time in three years in the first quarter as it buckled under a severe winter,...

Qatar Chamber re-elects board 29 May 2014 - 02:55 am

FROM LEFT: Suhaila Al Hareb, Abdul Rahman Al Najjar and Ali Al Missned casting their votes yesterday. By Mohamed Osman DOHA: Sheikh Khalifa...

LNG supply to face competition in future 29 May 2014 - 02:53 am

Qatargas CEO Khalid bin Khalifa Al Thani (left) at the Monthly Gas Lecture organised last week by the Gas Exporting Countries Forum. Doha:...

EMRA’A holds workshop for women 29 May 2014 - 02:51 am

Participants at the workshop. DOHA: ExxonMobil Qatar’s Professional Women’s Network, EMRA’A, held a workshop for over 100 female employees from ExxonMobil, RasGas Company...