Business

Muscat: Dr. Yahya bin Mahfoudh Al Mantheri, Chairman of the State Council affirmed that the Shura process in the Sultanate has been accorded utmost...

Muscat: Gross electricity production in Oman rose 5.7 per cent to 6,552.5 gigawatt (GW) by the end of the first quarter 2017, from 6199.7 GW, while net...

Muscat: The total credit of commercial banks in Oman during the first quarter of 2017 stood at OMR19.71 million, compared with OMR19.05 million during the...

San Francisco: Apple has hired two long-time Sony Pictures Television executives to expand the iPhone maker's push into original television programming,...

Berlin: The German government is sticking to its growth outlook for Europe's biggest economy despite solid economic data and upbeat sentiment...

Washington: US home-building fell for a third straight month in May to the lowest level in eight months as construction activity declined broadly,...

Luxembourg: British finance minister Philip Hammond said Britain should adopt a pragmatic approach to Brexit negotiations which begin on Monday, striking a...

New York: Amazon.com said on Friday it would buy Whole Foods Market for $13.7 billion, in an embrace of brick-and-mortar stores that could turn the high-end...

Beijing: China's securities regulator has toughened punishment on illegal market activities, handing out $90 million fines, in the first five months of...

London: Stocks fell in Europe and Asia on Thursday as investor concern over the pace of U.S. economic growth overshadowed a widely telegraphed rise in...