Business

GE in talks to buy Alstom for about $13bn 25 Apr 2014 - 09:58 am

PARIS/NEW YORK: Alstom said yesterday it was not informed of any potential public tender offer for its shares, which opened 17 percent higher...

DP World looks for $3bn loan 25 Apr 2014 - 09:58 am

DUBAI: Dubai-owned port operator DP World is in talks with lenders to triple the size of an existing $1bn loan, as well as...

Russian bank moves funds home on sanctions threat 25 Apr 2014 - 09:58 am

MOSCOW: Russia’s third biggest bank moved almost $7bn to the central bank as tension over Ukraine rose in March and joined others in...

IMF to decide on Ukraine aid on April 30 25 Apr 2014 - 09:57 am

WASHINGTON: The International Monetary Fund will take a final decision on a huge rescue plan for embattled Ukraine on April 30, a spokesman...

MtGox to start liquidation process 25 Apr 2014 - 09:57 am

TOKYO: Failed Bitcoin exchange MtGox, whose spectacular collapse hammered the digital currency’s reputation, is to be liquidated after a Japanese court yesterday ordered...

Spain shows fastest growth in six years 25 Apr 2014 - 09:57 am

MADRID: Spain’s economy grew at the fastest rate in six years in the first quarter of 2014 as it pulled out of a...

International Islamic profit up 10.2pc 24 Apr 2014 - 01:46 am

Sheikh Dr Khalid (left) and Al Shaibei. DOHA: Qatar International Islamic Bank (International Islamic) recorded a solid net profit of QR204m for the...

QE index edges up, gains 0.17pc 24 Apr 2014 - 01:44 am

Doha: Qatar’s bourse, which hit an all-time closing high on Tuesday, edged up again yesterday, adding another 21.76 points, or 0.17 percent, to...

QBA to extend support to Kenyan trade 24 Apr 2014 - 01:39 am

Sheikh Dr Khalid bin Thani Al Thani (left) with President of Kenya, Uhuru Kenyatta (centre), Sheikh Faisal bin Qassim Al Thani (second from...

Move to spur female entrepreneurship 24 Apr 2014 - 01:38 am

Cherie Blair with Badr Jafar. Doha: UAE-based conglomerate Crescent Enterprises has partnered with the Cherie Blair Foundation for Women to empower, mentor and...

QP Environment Fair 2014 opens 24 Apr 2014 - 01:36 am

H E Dr Mohamed bin Saleh Al Sada (third right), the Minister of Energy and Industry, Prof. Sheikha Abdulla Al Misnad (fourth left),...

Toyota sales hit record 10m in a year 24 Apr 2014 - 01:27 am

Staff members place a new Toyota Corolla car for display at Auto China 2014 in Beijing. TOKYO: Japan’s Toyota, the world’s biggest auto...

AT&T reports better results 24 Apr 2014 - 01:26 am

An AT&T wireless store front is pictured in San Diego, California. AT&T reported higher quarterly revenue, slightly above Wall Street’s expectations, boosted by...

ISO certification to bring in efficiency and effectiveness 24 Apr 2014 - 01:24 am

BY ERIKA WIDEN Doha: The International Organisation for Standardisation (ISO), established in 1947, is the world’s largest developer of international standards. These standards...

Mannai Corp Q1 net profit zooms 73pc 24 Apr 2014 - 01:23 am

DOHA: Mannai Corporation yesterday announced its first quarter results for the period ended March 31, 2014 and posted QR150m, up by 73 percent...

Meet on information security this week 24 Apr 2014 - 01:23 am

DOHA: The forthcoming ‘Information Security Conference’, organised by Qatar Central Bank (QCB) from April 27 to 28 will discuss host of issues related...

Muntajat represents Qatar at ChinaPlas 24 Apr 2014 - 01:23 am

Doha: Qatar Chemical and Petrochemical Marketing and Distribution Company (Muntajat) returned to China to exhibit for the second time at ChinaPlas 2014 trade...

China factory activity shrinks for 4th month 24 Apr 2014 - 01:22 am

BEIJING: China’s factory activity shrank for the fourth straight month in April, signalling economic weakness into the second quarter, a preliminary survey showed...