Business

Ono board weighs Vodafone offer 12 Feb 2014 - 07:39 am

MADRID/LONDON: Directors of Spain’s largest cable operator Ono met yesterday to weigh up whether they should accept a takeover offer from Britain’s Vodafone ...

Iran, Indonesia oil firms plan to build refinery 12 Feb 2014 - 07:39 am

JAKARTA: An Iranian oil firm and an Indonesian company are looking to build a refinery in the southeast Asian nation worth at least...

UK regulator probes Lloyds chief’s evidence on branch sales 12 Feb 2014 - 07:39 am

LONDON: One of Britain’s senior financial regulators said he was surprised that the chairman of Lloyds Bank did not know of concerns raised...

China refiners plan to double processing capacity this year 12 Feb 2014 - 07:38 am

BEIJING: China aims to add more than twice the oil processing capacity in 2014 than it did last year, even as top state...

Barclays to cut 12,000 jobs, pays bigger bonus 12 Feb 2014 - 04:54 am

LONDON: Barclays said it would axe up to 12,000 jobs this year even as it raised bonuse for investment bankers, prompting fury among...

QP Planning Forum 2014 concludes 11 Feb 2014 - 10:41 am

H E Dr Mohamed bin Saleh Al Sada and other officials at the forum. DOHA: The QP Planning Forum 2014 concluded yesterday with ...

European indexes mixed; gold up 11 Feb 2014 - 10:40 am

Traders working on the floor of the New York Stock Exchange yesterday. LONDON: European stocks ended moderately mixed yesterday, after solid gains ahead...

Auto show 11 Feb 2014 - 10:39 am

A Porsche Boxter on display at the Chicago Auto Show at McCormick Place in Chicago, Illinois.

Nissan profits up 11 Feb 2014 - 10:38 am

Nissan Motor’s Teana sedan on display at the company’s showroom in Tokyo yesterday. Nissan beat analyst estimates by posting a 56.8 percent rise...

Singapore is ready for airshow 11 Feb 2014 - 10:38 am

A worker makes final touches to the Airbus booth at the Singapore Airshow yesterday. Aerospace firms will finalise billions of dollars of deals...

Google’s social drive in Brazil 11 Feb 2014 - 10:37 am

Google Brazil’s CEO Fabio Coelho at the headquarters of the company yesterday in Sao Paulo, Brazil. Google will launch a million dollar competition...

Commercial Bank’s total assets rise 11 Feb 2014 - 10:35 am

DOHA: Commercial Bank of Qatar delivered a full year net profit of QR1.6bn for 2013, down from QR2.02bn recorded a year ago. Profit...

Woqod nets QR1.2bn profit 11 Feb 2014 - 10:35 am

DOHA: Qatar Fuel’s (Woqod) net profit exceeded QR1.2bn for the year 2013, an increase by 5.75 percent compared to the year 2012. Despite...

EU seeks wider free trade pact with Egypt 11 Feb 2014 - 10:35 am

CAIRO: The European Union wants to restart talks with Egypt over a wider free trade deal that could help double the value of...

Egypt gears up to meet energy needs: Minister 11 Feb 2014 - 10:34 am

CAIRO: Egypt will need to import an additional $1bn worth of petroleum products and secure significant natural gas supplies as it scrambles to...

Commercial Bank studying capital-boosting measures 11 Feb 2014 - 10:33 am

DUBAI: Commercial Bank of Qatar (CBQ) is studying a number of initiatives, including retaining earnings, to boost its capital base in the next...

Asia-Pacific needs 13,000 new aeroplanes: Boeing 11 Feb 2014 - 10:33 am

SINGAPORE: Asia-Pacific airlines will need almost 13,000 new aeroplanes worth $1.9 trillion over the next two decades as rising wealth in the region...

PetroChina makes huge gas find in Sichuan basin 11 Feb 2014 - 10:32 am

BEIJING: PetroChina, Asia’s largest oil and gas producer, has found 308.2bn cubic metres of technically recoverable gas in southwest China’s Sichuan basin, according...