Business

Spanish protest turns violent 24 Mar 2014 - 12:38 pm

Demonstrators clash with anti-riot policemen at the end of a march dubbed “the Marches for Dignity 22-M” to protest against austerity in Madrid.

ECB not to adopt threshold-based rate guidance 24 Mar 2014 - 12:36 pm

WASHINGTON: The European Central Bank will not tie interest-rate policy to specific economic thresholds, a top policymaker said. “We think it would not...

New iPhone to lift Apple shares 24 Mar 2014 - 12:35 pm

New York: Apple Inc shares could rise by 20 percent over the next year, fuelled by sales of a new version of its...

QE index loses 27.19 points, region gains 24 Mar 2014 - 12:35 pm

Doha: Qatar Exchange ended in the red area when trading closed yesterday at 11,340.12 points , down 0.24 percent, or 27.19 points, from...

Bankruptcy link in GM ignition case under lens 24 Mar 2014 - 12:34 pm

WASHINGTON: Federal authorities are investigating whether General Motors hid an ignition switch defect when it filed for bankruptcy in 2009, The New York...

Emirates Reit sets IPO range 24 Mar 2014 - 10:37 am

DUBAI: Dubai-based real estate investment trust Emirates Reit said yesterday that it set the price range for its initial public offer of shares...

Emirates Reit sets IPO range 24 Mar 2014 - 10:36 am

DUBAI: Dubai-based real estate investment trust Emirates Reit said yesterday that it set the price range for its initial public offer of shares...

China plans competitive market system 24 Mar 2014 - 10:35 am

BEIJING: Chinese Vice Premier Zhang Gaoli reaffirmed to a group of visiting senior foreign executives and officials yesterday that the country will introduce...

Reported NSA snooping irks China’s Huawei 24 Mar 2014 - 10:34 am

BERLIN: Chinese telecom and Internet company Huawei defended is independence yesterday and said it would condemn any infiltration of its servers by the...

DI plans to hike foreign ownership cap 24 Mar 2014 - 10:33 am

DUBAI: Dubai Investments (DI), a diversified manufacturer and investor in property, plans to increase the limit on foreign ownership of its shares to...

Visa, MasterCard resume payments in Russia bank 24 Mar 2014 - 10:33 am

MOSCOW: Visa Inc and MasterCard Inc have resumed services for payment transactions for clients at Russia’s SMP bank, whose main shareholders were affected...

Standard Life in talks to buy Phoenix unit 24 Mar 2014 - 10:10 am

London: British life insurance and pensions group Standard Life has announced it is in “exclusive and advanced” talks to buy rival Phoenix Group...

Weekly Money Market Review with IBQ: Federal Reserve changes policy 24 Mar 2014 - 10:07 am

The dollar strengthened against most major counterparts following the FOMC press conference as the Federal Reserve have cut their monthly bond purchases by...

Weekly Commodity Update : Golden cross comforts gold after troubled week for commodities 24 Mar 2014 - 10:04 am

By Ole Hansen (Head of Commodity Strategy, Saxo Bank) Commodities struggled for a second week as some of the strong drivers from earlier...

Focus on primary construction materials 24 Mar 2014 - 04:17 am

The signing ceremony. SALIM MATRAMKOT DOHA: With Qatar entering into the execution phase of major FIFA-related projects, key stakeholders are gearing up themselves...

Dolphin Energy achieves safety milestone 23 Mar 2014 - 11:43 am

The Dolphin Energy team. Doha: Dolphin Energy Limited yesterday announced that it had reached 40 million man hours without a lost time injury...

Yousef Ali Al Obaidan is new acting CEO of TFI 23 Mar 2014 - 11:42 am

DOHA: The First Investor (TFI), Barwa Bank Group’s 100 percent owned investment banking subsidiary, yesterday announced that its Board of Directors has appointed...

Russian tycoons take hit in Crimean row 23 Mar 2014 - 11:40 am

A sign displaying currency rates in Simferopol, Crimea, yesterday. Crimea is adopting the Russian rouble as its official currency and will drop the...