Business

Muscat: His Majesty Sultan Qaboos bin Said has sent a cable of congratulations to President Nicos Anastasiades of the Republic of Cyprus on the occasion of...

Los Angeles: Walt Disney reported on Tuesday a quarterly profit that beat Wall Street forecasts as theme park crowds made up for declines at broadcast and...

Brasilia: Boeing has presented a plan to Brazil's government that would give it an 80 to 90 per cent stake in a new venture encompassing Embraer's...

Detroit: General Motors (GM) said on Tuesday a richer mix of full-size pickups and mid-size SUVs in North America should help it offset higher commodity...

Washington: The US trade deficit widened more than expected in December to its highest level since 2008, as robust domestic demand pushed imports to a...

London: Britain said on Wednesday it would launch a consultation into workplace rights after mounting criticism from some unions and lawmakers that those in...

Muscat: Petroleum Development Oman (PDO) on Wednesday signed contracts with two Super Local Community Contractors (SLCCs) as part of its In-Country Value...

Dubai: Saudi Arabia is working with HSBC, JPMorgan and Mitsubishi UFJ Financial Group on the refinancing of its existing $10 billion syndicated loan, said...

London: World stocks clawed off two-month lows on Wednesday, though momentum was weak and US futures suggested Wall Street could backslide again after...

Muscat: A study on obstacles to hindering the growth of private sector and free zones in the Sultanate, conducted by the Economic and Financial Committee,...