Business

Intercol, Alcatel Lucent celebrate 20 years of partnership 22 Apr 2014 - 01:18 am

Sheikh Faisal bin Qassim Al Thani and other officials at the ceremony. DOHA: Intercol Dyarco, one of Qatar’s leading communications and technology services...

Used-car market in China to grow faster 22 Apr 2014 - 01:17 am

A model poses by a Cadillac CTS car at the ‘Auto China 2014’ Exhibition in Beijing yesterday. BEIJING: China’s car market is just...

Traders await corporate earnings 22 Apr 2014 - 01:16 am

Traders work on the floor of the New York Stock Exchange yesterday in New York City after a long holiday weekend. Many investors...

Woqod results on April 29 22 Apr 2014 - 01:15 am

DOHA: Woqod’s Board of Directors duly chaired by Sheikh Saoud bin Abdulrahman Al Thani, the Chairman, held its meeting yesterday to discuss the...

QE index closer to historic high 22 Apr 2014 - 01:09 am

DOHA: Qatar bourse extended its rally for the fifth straight session yesterday lifting the main index closer to Qatar Exchange’s (QE) historical highs....

QCB Governor visits Korea Stock Exchange 22 Apr 2014 - 01:07 am

Seoul: The Governor of Qatar Central Bank (QCB), H E Sheikh Abdullah bin Saud Al Thani, yesterday paid an inspecion tour of the...

TCS, Mitsubishi join hands for new IT firm 22 Apr 2014 - 01:05 am

MUMBAI: India’s biggest outsourcing firm Tata Consultancy Services (TCS) and Japan’s Mitsubishi Corp said yesterday they are teaming up to create a Japanese...

Barclays to exit major commodities trading 22 Apr 2014 - 01:03 am

LONDON/NEW YORK: Barclays is planning to withdraw from large parts of the metals, agricultural and energy markets as part of a restructuring of...

Egypt to lift natural gas prices for homes, businesses 22 Apr 2014 - 01:03 am

CAIRO: Egypt plans to double the price of natural gas piped into some homes and businesses from next month, but the move will...

QNB launches Commodity Fund 22 Apr 2014 - 01:00 am

DOHA: QNB launched its QNB Commodity Fund, an innovative investment tool that is regulated by Qatar Central Bank (QCB) and provides a huge...

Weekly Money Market Review with IBQ: Strong economic data drives US dollar higher 22 Apr 2014 - 12:49 am

Mixed performance in the FX market last week, as major currencies gained against the US Dollar, after Fed Chair Janet Yellen seemed dovish...

Russia may suffer Q2 recession 21 Apr 2014 - 11:50 pm

MOSCOW: Russia could tip into recession in the second quarter of 2014 after the economy contracted by around 0.5 percent in the first...

Libya to cut budget by a third to offset loss 21 Apr 2014 - 11:50 pm

TRIPOLI: Libya must slash its budget by a third and halt infrastructure funding to offset the loss of oil revenues due to a...

Hitachi to unveil fastest elevators 21 Apr 2014 - 11:49 pm

TOKYO: Japan’s Hitachi said yesterday it will provide the world’s fastest elevators, which can clock speeds of up to 72 km per hour,...

China’s Iran crude imports up 36.1pc 21 Apr 2014 - 11:49 pm

BEIJING: China’s March crude oil imports from Iran rose more than a third from a year ago, keeping imports in the first three...

Chinese shares down on IPO worries 21 Apr 2014 - 11:49 pm

SHANGHAI: Chinese stocks tumbled 1.52 percent yesterday on fears of a possible market glut after authorities revealed a list of several firms planning...

Japan trade deficit quadruples 21 Apr 2014 - 11:48 pm

A businessman takes a photo of a container ship at a port in Tokyo yesterday. Japan suffered its worst annual trade deficit in...

New financial proposal 21 Apr 2014 - 11:47 pm

Former Bank of France and IMF director Jacques de Larosiere (left) with European Central Bank President Mario Draghi during a conference in Brussels....