Business

US, Gulf states agree to boost trade relations 28 Sep 2012 - 01:41 pm

WASHINGTON: The United States yesterday said that it has signed a framework agreement with Saudi Arabia and other members of the Gulf Cooperation...

Abu Dhabi bank sues Dubai crown prince’s company 28 Sep 2012 - 01:40 pm

DUBAI: An Abu Dhabi bank has filed a legal claim against Dubai’s Zabeel Investments, according to court papers seen by Reuters, the second...

European stocks rebound as Spain reveals budget 28 Sep 2012 - 01:37 pm

LONDON: European stock markets rebounded slightly yesterday as dealers brushed aside downbeat US growth data and took stock of a fresh Spanish austerity...

Guardian Wealth Management Qatar to host seminar on October 8 28 Sep 2012 - 01:21 pm

DOHA: Guardian Wealth Management Qatar will host a seminar at Doha Golf Club on October 8, 2012, aimed at helping investors protect their...

Greatest threat to economy is short-term thinking 28 Sep 2012 - 12:56 pm

By Daniel Altman The biggest problem facing the global economy is not climate change, trade imbalances, financial regulation or the eurozone. It is...

Why Europe is looking like a mess 28 Sep 2012 - 12:56 pm

By Neil Irwin Just a few days ago, Europe’s long-simmering financial crisis seemed to have reached a resolution, following demonstrations of resolve by...

Singh policy steps augur bumper budget with eye on vote 28 Sep 2012 - 12:55 pm

By Unni Krishnan and Andrew MacAskill Indian Prime Minister Manmohan Singh’s biggest opening to foreign companies since taking office in 2004 boosts odds...

Qatargas 3 signs long-term pact with Kepco 27 Sep 2012 - 11:33 am

H E Dr Mohammed bin Saleh Al Sada and Yoichi Mukae exchanging documents in Doha yesterday. Doha: Qatargas Operating Company Ltd (Qatargas) announced...

Qatar Holding says not in talks to buy Batista’s AUX stake 27 Sep 2012 - 11:32 am

DUBAI: Qatar Holding, the investment arm of the Gulf state’s sovereign fund, denied yesterday that it was in talks to buy a minority...

New York crude price plummets 27 Sep 2012 - 11:32 am

LONDON: New York oil plunged under $89 per barrel yesterday, nearing a two-month low on demand concerns arising from the eurozone debt crisis...

Job axe falls on Mideast bankers 27 Sep 2012 - 11:32 am

DUBAI: Big US and European banks are cutting investment banking jobs in the Middle East as the promise of emerging markets is overshadowed...

Samsung launches Galaxy Note II 27 Sep 2012 - 11:30 am

SEOUL: Samsung launched yesterday the newest version of its oversized smartphone Galaxy Note, just a week after Apple’s iPhone 5 hit shelves, in...

Telecom firms mull pan-Arab online platform 27 Sep 2012 - 11:30 am

DUBAI: Middle East telecommunications firms are discussing the idea of creating a pan-Arab online platform that would earn them more revenue from their...

Over 3m jobless in France 27 Sep 2012 - 11:30 am

PARIS: French unemployment topped three million for the first time in over a decade, data showed yesterday, as the country faces a yawning...

Anti-austerity protests erupt in Athens, Madrid 27 Sep 2012 - 11:30 am

ATHENS/MADRID: Demonstrators clashed with police on the streets of Athens and Madrid yesterday in an upsurge of popular anger at new austerity measures...

NBF to replace Barclays on UAE rate panel 27 Sep 2012 - 11:29 am

DUBAI: National Bank of Fujairah has been chosen to replace Barclays on the panel which sets the United Arab Emirates’ indicative interbank lending...

QE evaluates companies’ IR practices 27 Sep 2012 - 11:29 am

Doha: Qatar Exchange (QE) has recently completed a detailed analysis of its listed companies’ investor relations (IR) practices. The survey, which was carried...

EU lawmakers back curbs on high frequency share trade 27 Sep 2012 - 11:28 am

LONDON: Curbs on firms that trade shares faster than the blink of an eye moved a step nearer in the EU yesterday when...