Business

Al Sada holds talks with Iranian minister 07 May 2014 - 05:06 am

The Minister of Energy and Industry, H E Dr Mohamed bin Saleh Al Sada, with Mohammad Reza Nematzadeh, the Minister of Industries, Mines...

ExxonMobil gets HSE Excellence award 07 May 2014 - 05:05 am

H E Dr Mohamed bin Saleh Al Sada, the Minister of Energy and Industry, presenting the ‘Innovation Award, to Bart Cahir, the President...

France, Germany push for ‘Robin Hood’ tax 07 May 2014 - 05:04 am

Activists stage a protest dressed as Robin Hood (left) and wearing masks depicting German Chancellor Angela Merkel (centre) and French President Francois Hollande...

Focus on hardware 07 May 2014 - 05:03 am

Designers work at computer stations at TechShop in the South of Market neighbourhood in San Francisco. In the shadow of Internet monoliths, it’s...

New plan for Fiat Chrysler 07 May 2014 - 05:02 am

Caption Fiat Chrysler Automobiles Group CEO Sergio Marchionne presents the Group’s 2014-2018 Business Plan to investors, financial analysts, and key stockholders at the...

OECD trims 2014 world growth forecast to 3.4pc 07 May 2014 - 04:57 am

PARIS: Setbacks for emerging markets and rising risks of fallout from the Ukraine crisis are holding back the global economic recovery, the OECD...

IPOs show improvement in GCC, proceeds up 183pc 07 May 2014 - 04:56 am

Doha: Initial Public Offerings (IPO) in the Gulf Cooperation Council countries (GCC) showed improvement in terms of offering value as total proceeds raised...

Stability in real estate sector, but deals down 07 May 2014 - 04:56 am

DOHA: The real estate market remained nearly stable during the fourth week of April (from 20 to 24) with the combined value of...

Dubai needs tough plans to avert property bubble: IMF 07 May 2014 - 04:56 am

DUBAI: The International Monetary Fund called yesterday on Dubai to take “stronger measures” to avert another property bubble, after prices rocketed at a...

Eurozone to honour Greece debt pledge 07 May 2014 - 04:55 am

BRUSSELS: Eurozone member states will honour a 2012 pledge to help Greece manage its crushing debt mountain but Athens must first meet conditions...

Troika begins review of Cyprus bailout 07 May 2014 - 04:55 am

NICOSIA: A delegation from the troika of international lenders yesterday began its fourth assessment of Cyprus’s economy and troubled banking system to see...

GPCA drives sustainability and efficiency through SQAS 07 May 2014 - 04:55 am

Doha: The Gulf Petrochemicals and Chemicals Association (GPCA) yesterday announced the launch of a three-year assessment programme across the GCC region that will...

Insurers seek annuity boost after budget blow 07 May 2014 - 04:54 am

LONDON: Insurers hit by a UK government shake-up of pension rules are set to make up some of their lost business by ramping...

Chevron eyes shale gas in Romania 07 May 2014 - 04:54 am

BUCHAREST: US energy major Chevron said yesterday it has started drilling its first exploration well for shale gas in Romania despite fierce opposition...

Bayer to buy Merck’s OTC business for $14.2bn 07 May 2014 - 04:54 am

FRANKFURT: German chemicals and pharmaceuticals giant Bayer, maker of Aspirin painkiller, said yesterday it will acquire the consumer care business of Merck Co...

Apple shares top $600 ahead of stock split 07 May 2014 - 04:53 am

SAN FRANCISCO: Apple shares on Monday climbed above $600 ahead of a stock split and as the company ramps up its stock buy-back...

US, Singapore in deal on tax evasion 07 May 2014 - 04:53 am

WASHINGTON/SINGAPORE: Singapore has reached a tax information-sharing agreement with the United States under a new law meant to combat offshore tax dodging by...

Adidas hit by strong euro in Q1 07 May 2014 - 04:53 am

FRANKFURT: Adidas, the German maker of sportswear and equipment, said that earnings were down in the first quarter, hit by unfavourable exchange rates...