Business

Hala Group, Vichy in deal for spa and hotel in Doha 14 Oct 2012 - 03:18 am

Doha: Hala Group Enterprises and Vichy Spa Hotel and Resorts International signed a Memorandum of Understanding (MOU) to bring what its says is...

Iran denies fall in oil exports 14 Oct 2012 - 03:14 am

DUBAI: Iran’s oil exports have remained steady in recent months, Iran’s Opec governor said yesterday, denying a report from the International Energy Agency...

Amid crisis, awarding the economics Nobel is quite a job 14 Oct 2012 - 03:07 am

Washington: With its intimidating Washington headquarters and teams of crack young policy wonks jetting into troubled countries to read the riot act, the...

IMF members endorse policy checklist 14 Oct 2012 - 03:00 am

TOKYO: World finance leaders yesterday endorsed a checklist of policy reforms aimed at pressuring Europe and the United States to tackle debt troubles...

HSE Forum ropes in experts 14 Oct 2012 - 03:00 am

Doha: The 8th Annual HSE Forum in Energy was held under the patronage of H E Dr Mohammed bin Saleh Al Sada, Minister...

India’s HMEL bought 2 million barrels of Iranian oil 14 Oct 2012 - 03:00 am

NEW DELHI: India’s HMEL, part-owned by steel tycoon Lakshmi Mittal, has emerged as a new oil client of sanctions-hit Iran, potentially complicating New...

Maersk Oil backs international businesswomen meet 14 Oct 2012 - 02:59 am

Doha: As part of its ongoing corporate social responsibility programme, Maersk Oil Qatar is supporting the Qatar International Business Women Forum as Gold...

National Bank of Kuwait posts $814.4m net profit in nine months 14 Oct 2012 - 02:56 am

Kuwait City: National Bank of Kuwait (NBK), the largest Kuwaiti bank and the highest-rated in the Middle East, reported net profits of $814.4m...

Oil prices to ease on slow economy: IEA 13 Oct 2012 - 01:54 am

A petrol pump at a fuel station in Essex, east of London. Oil prices wobbled yesterday as the International Energy Agency cut its...

Oil drilling rig 13 Oct 2012 - 01:53 am

A vessel passes by an oil drilling rig being built at the Keppel FELS shipyard in Singapore yesterday.

JPMorgan Chase earnings jump 13 Oct 2012 - 01:53 am

A man walks past JPMorgan Chase’s international headquarters on Park Avenue in New York. JPMorgan Chase & Co said yesterday that third-quarter earnings...

Official outlines Qatargas’ vision 13 Oct 2012 - 01:51 am

Qatargas Chief Operating Officer, Commercial & Shipping, Alaa Abu Jbara, outlining the history and achievements of Qatargas and the company’s outlook on the...

India’s industrial output rises by 2.7pc 13 Oct 2012 - 01:50 am

NEW DELHI: India’s industrial output picked up pace in August, official data showed yesterday, growing 2.7 percent from the same month a year...

Iran blames economic woes on sanctions 13 Oct 2012 - 01:50 am

TEHRAN: Falling oil exports, sliding currency, soaring inflation, slipping industrial output and rising unemployment — just some of the economic woes Tehran blames...

China’s yuan hits record high amid US pressure 13 Oct 2012 - 01:50 am

SHANGHAI: China’s currency hit a record high against the US dollar yesterday, in what analysts said could be a response to US political...

Beverage tycoon tops Forbes’ China rich list 13 Oct 2012 - 01:49 am

Shanghai: Beverage tycoon Zong Qinghou regained his position as China’s richest man this year, Forbes magazine said yesterday, but the global economic slump...

Key European indexes slide; euro edges up 13 Oct 2012 - 01:49 am

LONDON: European stock markets retreated yesterday, while the euro rose against the dollar, as investors wound down a week once more overtaken by...

Emirates fined $10.3m in Australian cartel case 13 Oct 2012 - 01:48 am

SYDNEY: Dubai airline Emirates yesterday agreed to pay a fine of Aus$10m ($10.3m) to settle a case brought by Australian regulators who accused...