Economy

Muscat: Petroleum Development Oman (PDO) has stepped up its support for Omani communities with a range of new social investment commitments in the key areas...

Hanoi: Global burger behemoth McDonald's opened its first branch on Saturday in the historic heart of communist Hanoi, a conservative city renowned for...

London/Hong Kong: Global manufacturing expanded at the fastest pace in years last month and the second-best in two decades in the euro zone, driven by...

Washington: The United States has formally told the World Trade Organisation (WTO) that it opposes granting China market economy status, a position that if...

London: In 2014, a few days after she took over as chair of the US Federal Reserve, Janet Yellen admitted that she could not fathom the "very...

Dubai/Riyadh: Saudi Arabia's $300-billion privatisation programme was billed as the sale of the century when Crown Prince Mohammed bin Salman unveiled...

Washington: A measure of US factory activity fell more than expected in November as a gauge of employment cooled, but the index continued to point to...

Beijing: Executives from Chinese companies specialising in offering consumers small, easy-to-get loans became something of a fixture on Wall Street this...

Muscat: The foundation stone for Oman’s first bus assembly unit was laid on Thursday at the Special Economic Zone of Duqm (SEZAD) as the Sultanate...

London: The dollar climbed on Thursday, moving further away from a two-month low hit earlier this week, as investors added bets the U.S. central bank will...