IF proof were needed of the maxim that the road to hell is paved with good intentions, the economic crisis in Europe provides it. The worthy but narrow intentions of the European Union's policy makers have been inadequate for a ...
FORTY years ago, corporate America was bloated, sluggish and losing ground to competitors in Japan and beyond. But then something astonishing happened. Financiers, private equity firms and ...
DOHA A PHOTO exhibition of Saudi photographer Susan Abd al Muqtadir was inaugurated by Abd al Rahman al Hajiri, director of youth events and activities at the Ministry of Culture...
GLOBAL stocks and the euro traded near break-even on Friday after an upbeat report on US consumer sentiment offset investors' concerns about Spain's deteriorating finances and a possible Greek exit from the euro..
MURALI Vijay became the first Indian to hammer two centuries in the Indian Premier League as Chennai Super Kings stormed into final with an 86-run win over Delhi Daredevils on Friday. ...
FIFTY-FIVE years after its publication, Jack Kerouac's On the Road is finally out on the big screen. Everyone from Marlon Brando to Jean-Luc Godard to Brad Pitt has circled the classic 1957 novel over the last six decades, but Walter Salles' adaptation is the
DOHA ASTER Medical Centre (AMC), a division of the DM Healthcare Group, will organise an open-to-all event to raise awareness levels on cervical cancer among Doha residents. The event will be held at Aster Medical Centre in Musherib on Saturday. An initiative of Aster's Community Good Health Programme, the event would provide a platform to educate people on cervical cancer and also guiding women towards preventive care. Dr Hema Rajeev, gynecology specialist at Aster Medical Centre, said: "It's the third most commonly diagnosed cancer and the fourth leading cause of cancer death in females worldwide....
DOHA A TEAM of 30 student and faculty volunteers from the College of the North Atlantic Qatar (CNAQ), organised by Reach Out To Asia (Rota) and sponsored by Vodafone Qatar, recently undertook a nine-day trip to visit a Rota project in Bangladesh. In an event at the Qatar Foundation Club House commemorating and recognising all those who made the event a success, Essa al Mannai, Rota director welcomed Narris Eaton, CNAQ vice-president, and Dr Ken Macleod, CNAQ president, who joined him in giving the volunteers appreciation certificates and thanked all the participants for their selfless efforts...
DOHA LOGIC Group will open new hypermarket at Al Shamal on June 1
President of Indian Union of Muslim League (Kerala chapter) Syed Hyder Ali Shihab Thangal will inaugurate the new outlet. Speaking at a press conference, recently, Mohammed Zubair, director of Logic Group, said that the new outlet spread over 3,000 square feet would virtually meet the shopping requirements of customers of all nationalities. "It has been designed and planned to offer a unique shopping experience to all customers. ...
REUTERS STOCKHOLM/OSLO THREE of the Nordic region's biggest banks had their credit ratings cut by Moody's Investor Service on Friday due partly to the eurozone crisis, but the downgrades were relatively mild and showed the banks remain some of the strongest in Europe. Moody's cited their reliance on market funding, tough competition for retail loans and exposure to the spreading eurozone debt crisis. The downgrades could raise the banks' borrowing costs, although analysts believe they will continue to outperform European rivals thanks to their strong capitalisation and relatively safe loan exposures...
RUSSIA'S Gazprom energy giant said on Friday it was switching its vast Shtokman field to LNG production and seeking new clients in Asia from initial plans to use half of it to pipe supplies to Europe. The announcement and accompanying hint of Royal Dutch Shell soon joining the deal marked a fundamental shift in strategy for one of Russia's most important energy investments to date. The enormous Barents Sea field is one of the world's largest and believed to hold enough natural gas to meet the world's entire demand for a year. But the costs — once estimated at $30 billion by Gazprom...
PARIS CENTRAL banks and companies not bracing for a possible Greek euro exit would be making a grave error, Belgium's foreign minister said on Friday, rattling markets already alarmed by Spain's deteriorating finances. Greek elections are due on June 17 and could hasten the country's departure from the currency club should a government intent on ripping up the country's bailout programme result. Polls suggest the outcome is too tight to call. Greece accounts for little more than two percent of the eurozone economy but could pose a profound contagion threat if it quit the currency area...
DALE Steyn and Amit Mishra struck vital blows USAIN Bolt opened his European track season here on Friday by clocking 10.04sec in the 100m after a dreadful start at the second time of asking and into a -0.8m/s headwind. The double sprint gold medallist from the 2008 Beijing Games overcame his laborious start to show all his power from the 50m mark, the long-legged Jamaican opening up in impressive style to the line. Veteran Kim Collins of St Kitts and St Nevis came second in 10.19sec with American Darivs Patton third in 10.22. As introductions were made on the stadium big screen, reggae music booming...
MIAMI stars Dwyane Wade and LeBron James combined for 69 points to lead the Heat to a 105-93 win over the Indiana Pacers on Thursday, completing a 4-2 series win and booking a place in the NBA Eastern Conference finals. Wade scored 41 points and James had 28 to complete an extraordinary succession of games in which the pair combined to haul Miami to victories and salvage a season that looked like ending prematurely. Indiana had led the series 2-1, with a home game to come, but then the big two — injured Chris Bosh was absent from the star trio — took over.
NOVAK Djokovic's bid to become the first man in 43 years to hold all four Grand Slam titles at the same time hit its first hurdle on Friday when Roger Federer became a potential French Open semi-final opponent. In stark contrast, defending champion Rafael Nadal, bidding for an historic seventh title, was left with a more comfortable passage with third seed Andy Murray, who is struggling with a back injury, as a possible semifinal rival. World number one Djokovic, three times a semifinalist in Paris, is the top seed at Roland Garros with Federer, the 2009 champion, seeded three and Friday's draw pitted them in the...
LIKE many kids, Stacy Herzog learned to make friendship bracelets at summer camp when she was growing up in Colorado. And as an adult, she forgot all about them until she and best friend Sarah Reid took a trip to Ecuador three years ago. They saw people everywhere wearing the bracelets, and it rekindled their interest in the colourful, woven designs. So they started making their own. But Herzog, now 26, and Reid wanted a little more bling on their wrists and necks than they did as children. They experimented and began mixing the bracelets with vintage jewellery from the collections that had been handed down from their
PREMATURE birth is the biggest cause of infant mortality worldwide, yet most of those deaths could be readily prevented, according to a report from the World Health Organisation (WHO) and child-health advocacy groups. The report summarises the results of a comprehensive survey of the problem, and says that pre-term births are on the rise – a worrying trend – but that low-income countries could reduce deaths among these infants by introducing a few affordable key health-care practices....
FILMMAKER Paul Thomas Anderson has screened his new film about a Scientology-like sect leader for Tom Cruise, one of Scientology's most famous followers, in the hopes of heading off a conflict with the group. According to two individuals close to the movie, Anderson recently screened the film, loosely based on the life of Scientology-founder L Ron Hubbard, for Cruise. Both individuals said that Cruise "had issues" with some parts of the movie. Cruise starred in one of Anderson's earlier movies, Magnolia, and the two remain friends. The film is set to be released in October...
TOKYO A JAPANESE bank on Friday reversed a halt on transactions by the Iranian government after a US court overturned an order for a $2.6 billion asset freeze over the 1983 bombing of US barracks in Beirut.
WASHINGTON HOUSE Majority PAC, a 'Super PAC' aimed at helping elect Democrats to the US House of Representatives, raised $1.1 million in the past six weeks, according to disclosure documents released on Thursday.
