Business

London: The global oil industry now appears to be in the early stages of a cyclical expansion which is likely to see prices rise over the next few years,...

Moscow: Russian state oil producer Rosneft in April made a $1.015 billion advance payment to PDVSA, Venezuela's state oil firm, under a crude oil...

London: Negative interest rates imposed by central banks have generally worked as a tool to boost inflation, pulling down yields and sometimes weakening...

Muscat: Duqm Refinery has awarded three main Engineering, Procurement and Construction (EPC) contracts to multinational companies for building the...

London: European shares fell back on Thursday as energy and banking stocks dragged broader indices, while retail was a bright spot after an upbeat set of...

Mumbai: The rupee strengthened by 5 paise to trade at a fresh two-year high of 63.65 against the dollar, buoyed by hopes of more capital inflows, coupled...

Shanghai: China's major stock indexes fell on Thursday, after a private survey showed the country's services sector cooled in July and a net drain...

Muscat: More than 20 people have been arrested in connection with drug abuse and possession cases in Ad Dakhiliyah, according to the Royal Oman Police...

New Delhi: India’s central bank on Wednesday slashed benchmark lending rate by 0.25 per cent to 6 per cent citing reduction in upside risk to inflation, a...

Muscat: SNC-Lavalin said that it has received a notice to proceed with the engineering, procurement and construction (EPC) phase of anhydrous liquid ammonia...