Business

Credit Suisse to shift some Dubai jobs to Qatar 24 Sep 2012 - 10:09 am

DUBAI: Credit Suisse is trimming its investment banking team in Dubai and relocating some jobs to neighbouring Qatar, three sources said, as part...

High-frequency stock trade risky: Experts 24 Sep 2012 - 10:08 am

WASHINGTON: The increasing power of computerised high-frequency trades on US markets has been assailed in Congress as dangerous and unfair, as pressure builds...

Spain may overshoot crucial deficit goal 24 Sep 2012 - 10:08 am

MADRID: Spain has staked its financial survival on cutting its bulging deficit, but analysts warn it will miss its key 2012 target, undermined...

America’s unemployed: Too discouraged to count 24 Sep 2012 - 10:07 am

When Daniel McCune graduated from college three years ago, he was optimistic his good grades would earn him a job as an intelligence...

Commodities end lower despite US stimulus 24 Sep 2012 - 10:06 am

By Ole Hansen (Head of Commodity Strategy, Saxo Bank) Commodities were generally lower over the past week, despite another round of stimulus from...

Weekly Money Market Review with IBQ: Global markets consolidate as risk sentiments firm 24 Sep 2012 - 10:04 am

Last week was somewhat quiet comparing with the previous two weeks where we witnessed the German constitutional court ruling, which cleared the way...

QPI to build oil refinery in Egypt 23 Sep 2012 - 10:08 am

H E Dr Mohammed bin Saleh Al Sada, the Minister of Energy and Industry and Chairman and Managing Director of Qatar Petroleum, and...

European auto crisis spreading to luxury brands, say experts 23 Sep 2012 - 10:07 am

FRANKFURT: Daimler and Porsche provided evidence that the worst European car market in 17 years has started to spread to the luxury brands,...

Italians await outcome of PM’s talks with Fiat boss 23 Sep 2012 - 10:07 am

MILAN: Italians waited with bated breath yesterday for talks between Prime Minister Mario Monti and Fiat boss Sergio Marchionne on the future of...

Merkel-Hollande rift on banking union deepens 23 Sep 2012 - 10:06 am

ASBERG, Germany: The leaders of Germany and France clashed over plans to monitor Europe’s crisis-hit banks yesterday, overshadowing anniversary celebrations of a symbolic...

Qatargas delivers first cargo to Zhejiang LNG terminal 23 Sep 2012 - 10:05 am

Qatargas Q-Max LNG vessel Zarga, which delivered the first cargo of LNG to China National Oil Corporation’s Zhejiang LNG Terminal. Doha: Qatargas, on...

US stocks face earnings and data hurdles 23 Sep 2012 - 10:04 am

NEW YORK: US stocks could struggle to stay close to nearly five-year highs next week as worries mount about third-quarter earnings and the...

IBQ appoints Mubarak Al Khulaifi as head of branches 23 Sep 2012 - 10:04 am

Doha: International Bank of Qatar (IBQ) has appointed Mubarak Saleh Muba-rak Al Khula-ifi as the new Head of Branches. Al Khulaifi will be...

Greece moves back into the spotlight, says QNB Group 23 Sep 2012 - 10:03 am

DOHA: With Greece unlikely to meet its fiscal responsibilities, donors will need to decide the country’s fate whether it will continue to remain...

Istanbul aims to outshine Dubai 23 Sep 2012 - 10:03 am

ISTANBUL: It’s now little more than a dusty patch of land in the modern suburb of Atasehir on the Asian side of Istanbul....

IFRS changes to impact firms from January 1, 2013: KPMG 23 Sep 2012 - 10:02 am

An official conducting the workshop. DOHA: More than 150 senior finance professionals from more than 70 leading Qatari companies converged on an annual...

GM opens vehicle test track near Shanghai 23 Sep 2012 - 10:01 am

DETROIT: General Motors Co opened a new, large vehicle test track west of Shanghai yesterday as part of its push to retain its...

Al Muftah Rent A Car bags ‘Bizz Arabic 2012 Award’ 23 Sep 2012 - 10:01 am

DOHA: Al Muftah Rent A Car, the leading car rental agency in Qatar, has won The Bizz 2012 World Business Leader Award instituted...