Business

Houston: Royal Dutch Shell is ramping its North American shale output earlier than planned to lock in quick returns from what has become one of its most...

Tokyo: Japan's economy grew more than earlier estimated in the fourth quarter as capital expenditure grew at its fastest in almost three years, welcome...

Abu Dhabi/Dubai/Riyadh: A partnership of US agribusiness giant Archer Daniels Midland (ADM) and Saudi foods group Almarai is among potential bidders for...

Washington: The US trade deficit jumped to a near five-year high in January as cell phones and rising oil prices helped to push up the import bill,...

Brasilia: Brazil's worst-ever recession unexpectedly intensified in the final quarter of 2016, data showed on Tuesday, frustrating hopes for signs of a...

Dubai: Saudi Arabia is likely to reduce the amount of oil it burns to generate power this summer as the kingdom hikes domestic energy prices and uses more...

Beijing: China unexpectedly posted a rare trade deficit in February as imports surged far more than expected to feed a months-long construction boom, driven...

Caracas/Houston/New Delhi: Venezuela's state-run oil company, PDVSA, has spent at least a decade trying to build business ties and boost shipments to...

Cairo: Thirty joint Arab action issues were discussed at the 147th session of the Arab Foreign Ministers Council in which the Sultanate’s delegation was...

Jakarta: Oman expressed its appreciation of the achievements made by the Indian Ocean Rim Association (IORA) during the past 20 years and commended the...