Business

IMF tells world to do more on growth 11 Apr 2014 - 06:07 am

IMF Managing Director Christine Lagarde at the news conference in Washington yesterday. WASHINGTON: The International Monetary Fund yesterday urged nations around the world...

Icahn ends dispute with eBay 11 Apr 2014 - 06:06 am

NEW YORK: Online retail giant eBay said yesterday it had reached a deal with activist investor Carl Icahn (pictured), who had demanded a...

Nestle holds AGM 11 Apr 2014 - 06:05 am

Swiss food maker Nestle CEO Paul Bulcke addresses the annual general meeting of the world’s biggest food and beverage company in Lausanne, Switzerland,...

New Economy Summit 11 Apr 2014 - 06:04 am

Japan’s smartphone-based social networking service ‘Line’ President Akira Morikawa speaks at the New Economy Summit 2014 in Tokyo yesterday. The Line has 400...

QFC Authority unveils online Tax Manual 11 Apr 2014 - 06:02 am

DOHA: The Qatar Financial Centre Authority (QFC Authority) has taken the unprecedented step of publishing its entire in-house tax guidance manual online, marking...

Greece hits bond market with a bang 11 Apr 2014 - 06:02 am

ATHENS: Bailed-out Greece returned to bond markets with a bang yesterday after a four-year exclusion, raising €3bn and sending a major signal that...

BMW to recall more than 156,000 vehicles 11 Apr 2014 - 06:01 am

New York: German carmaker BMW said it would voluntarily recall more than 156,000 vehicles in the United States, including its popular 3 Series...

GM puts two engineers on leave over recall 11 Apr 2014 - 06:01 am

NEW YORK: General Motors said yesterday it had put two engineers on paid leave as it investigates its recall of millions of vehicles...

US jobless claims dip to 7-year low 11 Apr 2014 - 06:01 am

WASHINGTON: New claims for US unemployment insurance benefits tumbled last week to the lowest level in seven years, government data released yesterday showed....

Basrah Gas starts design of Ratawi project 11 Apr 2014 - 05:59 am

Basra: Basrah Gas Company (BGC), the three-way joint venture between Iraq South Gas Company (51 percent), Shell (44 percent) and Mitsubishi (5 percent),...

BP pledges to stay in Russia amid crisis 11 Apr 2014 - 05:59 am

LONDON: British energy giant BP vowed yesterday to remain in oil-rich Russia despite the Ukraine crisis, adding it would play a key “bridge”...

Ukraine bailout won’t fail, says IMF chief 11 Apr 2014 - 05:59 am

WASHINGTON: IMF chief Christine Lagarde voiced confidence yesterday that Ukraine would meet conditions of a bailout and stabilise its economy, which is reeling...

Japan, US trade talks fail on TPP 11 Apr 2014 - 05:58 am

TOKYO: Intensive talks between Japan and the United States aimed at breaking the deadlock over a huge pan-Pacific trade deal ended yesterday without...

Qatar bourse inches to historic highs 10 Apr 2014 - 08:35 am

By Satish Kanady DOHA: Investors found more reasons to push Qatar stocks higher yesterday to finish at a new record high in nearly...

Toyota to recall 6.39m vehicles 10 Apr 2014 - 08:33 am

Toyota’s 2007 Yaris S Sedan at the Los Angeles Auto Show in California. TOKYO: Toyota Motor Corp, in its second-largest recall announcement, said...

Mideast airlines grow faster globally 10 Apr 2014 - 08:31 am

Antony Tyler (left), Director General and CEO, IATA, and Anthony Concil, Director, Corporate Communications, IATA, in Doha yesterday. Abdul Basit BY MOHAMMAD SHOEB...

Greeks strike against reforms 10 Apr 2014 - 08:30 am

Protesters shout slogans as they march towards Parliament during a general labour strike in Athens yesterday. ATHENS: Greek unions held a 24-hour anti-austerity...

Russia, China close to gas supply deal 10 Apr 2014 - 08:29 am

Women fill in documents at an office of the Russian National Commercial Bank in Crimea’s Simferopol yesterday. MOSCOW: Russia said yesterday it was...