Business

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...

Qatar Exchange down 0.52 percent 27 Sep 2012 - 11:28 am

Doha: Qatar Exchange was down 44.36 points or 0.52 percent to 8,504.94 points yesterday from the previous closing of 8,549.30. Among the top...

European stocks fall 27 Sep 2012 - 11:28 am

LONDON: European stock markets and the euro slumped yesterday on heightened fears over a full bailout of debt-plagued Spain, and amid falling confidence...

Fifty One East awarded Best Retail Company for 2012 27 Sep 2012 - 11:27 am

DOHA: Fifty One East, the largest multi-brand luxury store in the Middle East, has been recognised once again as the Best Retail Company...

Daiso opens second store at Al Khor Mall 27 Sep 2012 - 11:27 am

DOHA: Manu Mulchandani, the Chief Operational Officer of Middle East, inaugurating the Daiso franchise store at Al Khor Mall and expressed that Daiso...

Mannai gets Top Cisco Certification 27 Sep 2012 - 11:27 am

Doha: Mannai Corporation achieved the Master Unified Communications Speciali-sation from Cisco recently. This specialisation recognises Mannai Corporation as having fulfilled the training requirements...

LG introduces 3D projector 27 Sep 2012 - 11:26 am

DOHA: LG Electronics (LG) recently introduced one of the latest 3D projector (Model CF3DAT) in the Qatar market. The CF3DAT is a CINEMA...

Banks should learn to ‘just go’ 27 Sep 2012 - 11:26 am

by Hugo Dixon Shortly after last year’s bonus round I was having lunch with the boss of an investment firm. He told me...

Spanish public won’t accept a financial coup d’etat 27 Sep 2012 - 11:26 am

by Katharine Ainger The attempt by the Spanish “Occupy” movement, the indignados, to surround the Congress in Madrid has been compared by the...

The clock is ticking on French fracking veto 27 Sep 2012 - 11:25 am

By Michel Rose President Francois Hollande’s move to leave French shale gas untapped to protect a frayed alliance with the Greens may come...