Business

Gazprom eyes Singapore listing 23 May 2014 - 09:18 am

Participants attend the opening day of the St Petersburg International Forum in St Petersburg yesterday. Global business leaders are thin on the ground...

Infiniti unveils Q50 Sports Sedan 23 May 2014 - 09:17 am

Johan De Nysschen, president of Infiniti Motor Company, unveiling the new Q50 Sports Sedan in Hong Kong yesterday.

Sony pledges turnaround exit by next year 23 May 2014 - 09:16 am

Sony Corporation President and CEO Kazuo Hirai at a press conference in Tokyo yesterday. TOKYO: Sony’s Chief Executive pledged yesterday to drag the...

Fed mulls options for raising interest rates 23 May 2014 - 09:14 am

WASHINGTON: US Federal Reserve policy makers have begun focusing on how to manage monetary policy as they move toward raising interest rates next...

Ooredoo signs deal for $1bn revolving credit 23 May 2014 - 09:13 am

Doha: Ooredoo yesterday announced the signing of a $1bn revolving credit facility agreement. The agreement was executed between Ooredoo Q S C as...

Oil price hits new high 23 May 2014 - 09:12 am

LONDON: Brent crude oil hit a two-and-a-half month high above $111 a barrel yesterday, supported by better-than-expected data on China’s manufacturing industry and...

China, Japan factory output improves 23 May 2014 - 09:11 am

BEIJING: China’s factory sector turned in its best performance this year in May but still contracted for the fifth straight month, a survey...

Lloyds sues RBS for $709m over rights issue 23 May 2014 - 09:10 am

London: Lloyds Banking Group is joining a class-action lawsuit against government-owned Royal Bank of Scotland, seeking £420m ($709m) over the bank’s handling of...

US jobless claims rise from 7-year low 23 May 2014 - 09:10 am

WASHINGTON: New claims for US unemployment insurance benefits rose last week from a seven-year low as the labour market slowly improves, official data...

Flipkart buys Myntra as Amazon looms 23 May 2014 - 09:09 am

MUMBAI: India’s top e-commerce company Flipkart said yesterday it had bought fashion website Myntra for an undisclosed sum as the company competes with...

ExxonMobil finds promising shale oil deposit in Argentina 23 May 2014 - 09:08 am

BUENOS AIRES: ExxonMobil said it has found a promising shale oil deposit in southern Argentina, on par with some of the best of...

Turkish central bank cuts main interest rate 23 May 2014 - 09:08 am

ISTANBUL: Turkey’s central bank lowered main interest rate for the first time in a year yesterday despite stubbornly high inflation, in a surprise...

QE index dips 96.59 points last week 23 May 2014 - 09:07 am

Doha: Qatar Exchange index lost 96.59 points, or 0.74 percent, last week when trading closed at 13,008.16 points here yesterday. The trading value...

Google to spend $30bn for foreign buying 23 May 2014 - 04:49 am

SAN FRANCISCO: Google told US regulators that it could spend as much as $30bn of its offshore cash reserves on buying foreign companies...

Dolphin Energy wins Crystal Award for Qatarisation 22 May 2014 - 09:10 am

Officials with the award. Abu Dhabi: Dolphin Energy has received the Crystal Award in the category of ‘Support for Training and Development’ at...

Geneva exhibition 22 May 2014 - 09:07 am

Visitors look at a model of an aircraft at the Airbus booth, during the 14th Annual European Business Aviation Convention and Exhibition at...

QInvest hosts Paris varsity graduates 22 May 2014 - 09:03 am

Paris Dauphine University graduates at QInvest. DOHA: QInvest, one of Qatar’s leading Shariah-compliant investment bank hosted a group of graduates from Paris Dauphine...

SNCF orders 2,000 trains 22 May 2014 - 09:02 am

A new Regiolis regional train (right) made by power and train-making firm Alstom, is seen next to a platform at Strasbourg’s railway station,...