Business

‘Made in France’ test 30 Jan 2013 - 01:37 am

Customers look at shelves with ‘Made in France’ products yesterday in a Leclerc hypermarket in Lanester, western France. The distribution group Leclerc tests...

Qatari bourse index adds 24.5 points 30 Jan 2013 - 01:37 am

Doha: Qatar Exchange index pursued its upswing trend yesterday, adding 24.50 points or 0.28 percent to advance to 8,689.69 points from 8,665.19 on...

Iraq, Eni in talks to cut Zubair output 30 Jan 2013 - 01:37 am

BASRA: A group led by Italy’s Eni is in final talks with Iraq to cut the production target of Zubair oilfield to one...

Bahrain set to auction radio spectrum 30 Jan 2013 - 01:36 am

DUBAI: Bahrain is to auction radio spectrum for next-generation networks, a move that could seen new players enter the market and should see...

Mubadala to launch $2bn refinancing 30 Jan 2013 - 01:36 am

DUBAI: Abu Dhabi state investment fund Mubadala expects to cut the cost of a $2bn refinancing it will unveil next week by promising...

NBAD quarterly profit surpasses estimates 30 Jan 2013 - 01:35 am

ABU DHABI: National Bank of Abu Dhabi, the UAE’s largest lender by market value, posted a 55-percent rise in fourth-quarter net profit, beating...

Hungary looks to Qatar to meet energy needs 29 Jan 2013 - 12:52 am

H E Dr Mohammed bin Saleh Al Sada and Peter Szijjarto exchanging documents at the signing ceremony yesterday. DOHA: Hungary is eyeing Qatar...

Qatar to issue bonds: IMF official 29 Jan 2013 - 12:52 am

DUBAI: Qatar plans to issue local currency sovereign bonds with three- and five-year maturities this year as part of efforts to build a...

Myanmar secures nearly $6bn debt relief from international lenders 29 Jan 2013 - 12:51 am

YANGON: Myanmar yesterday hailed a deal with international lenders to cancel nearly $6bn of its debt, another milestone in the rapid transformation of...

Apicorp, Natixis to syndicate $200m loan for Glencore, Samir 29 Jan 2013 - 12:51 am

DOHA: Arab Petroleum Investments Corporation (Apicorp), the multilateral development bank owned by the 10 nations of the Organisation of Arab Petroleum Exporting Countries...

Qatar Chamber plans annual meet for SMEs 29 Jan 2013 - 12:50 am

Remy Rowhani BY MOHAMMAD SHOEB DOHA: Qatar Chamber (QC), as part of its efforts to provide impetus to small and medium-sized businesses, is...

CAT profit plunges 29 Jan 2013 - 12:49 am

CAT machines on a lot at Milton CAT in North Reading, Massachusetts. Caterpillar Inc, the world’s largest maker of construction equipment, reported a...

Risk management needs more focus: Survey 29 Jan 2013 - 12:49 am

DOHA: The findings of a major global Audit Committee Survey, conducted by global audit, tax and advisory firm, KPMG, found risk management and...

Japan premier: Stimulus spending not forever 29 Jan 2013 - 12:48 am

TOKYO: Japanese Premier Shinzo Abe pledged yesterday he would not keep stimulus spending “forever” in a policy speech ahead of a budget that...

Starbucks denies talks 29 Jan 2013 - 12:48 am

A Starbucks coffee chain branch in central London, yesterday. Starbucks has rejected reports it has held talks with government officials over fears it...

Qatar Exchange index adds 24.58 points 29 Jan 2013 - 12:47 am

Doha: Qatar Exchange index yesterday added 24.58 points (0.28 percent) to advance to 8,665.19 points from 8,640.61 on Sunday. The volume of the...

UK upholds fine for Swift Trade 29 Jan 2013 - 12:47 am

LONDON: A British court has upheld the Financial Services Authority’s £8m ($13m) fine for Canadian trading firm Swift Trade, the British watchdog’s largest...

Tasdeer team to visit Arab Health Exhibition 29 Jan 2013 - 12:46 am

Doha: Representatives of Tasdeer, Qatar’s export development agency, will visit Arab Health Exhibition to encourage the Qatari companies to expand into the global...