Business

Muscat: Ooredoo Oman net profit for the first half of 2016 increased to OMR24.9 million compared to OMR 22.2 million in the same period of 2015, a rise of...

Muscat: Increased demand for energy-efficient lighting solutions in the Gulf Cooperation Council (GCC) is spurring fresh growth for the LED market, as the...

New York: Oil was poised to enter bear market in New York with its biggest monthly decline in a year as brimming crude and fuel inventories forced a retreat...

San Francisco: amazon.com has posted strong results across its older and newer businesses as global Web retail sales and cloud services topped Wall Street...

Muscat: About 13,000 people donated more than 63,000 books, 46,500 toys, and 52,000 kilograms (kg) of clothes during Majid Al Futtaim’s annual ‘Make a...

Tokyo: Bank of Japan (BoJ) expanded stimulus on Friday by doubling purchases of exchange-traded funds (ETF), yielding to pressure from the government and...

Tokyo: Sony posted a surprise quarterly profit as strength in its PlayStation division outweighed a slowdown in sales of image sensors. The company reported...

Sony posted a surprise quarterly profit as strength in its PlayStation division outweighed a slowdown in sales of image sensors. The company reported net...

Singapore: Asia’s marquee airlines are warning tougher competition is squeezing them. Singapore Airlines has said passenger yields — a key measure of...

London; Barclays said profit fell by more than half in the second quarter as the bank posted a £1.1 billion ($1.4 billion) pretax loss from the unit that...