Business

Muscat: Middle Eastern airlines dominated passenger traffic in August as the carriers posted a 10.3 per cent traffic increase compared to August 2015. In...

Singapore: Making sense of the foreign-exchange market is Derek Mumford’s bread and butter, but he couldn’t explain this. In the span of just two...

Riyadh: World’s biggest oil company is planning to sell shares in the entire business and not just in its refining or distribution operations, its chief...

DohaFrankfurt: Qatari investors who own the largest stake in Deutsche Bank do not plan to sell their shares and could consider buying more if the embattled...

Seoul: South Korea's Samsung Electronics expects third-quarter profit grew 5.6 per cent, beating estimates, as a pickup in chip and display earnings...

Mumbai: Essar Group, controlled by India’s tycoon Ruia brothers, is nearing a final agreement to sell control of its refinery unit to Russian energy giant...

Berlin: German industrial production rose more than expected in August, posting its biggest increase since January and signalling that the sector will...

Paris: Misys, the UK financial-software maker owned by Vista Equity Partners, plans to sell about 500 million pounds ($635 million) of stock in an initial...

Mumbai: India’s banking system is among those most vulnerable to profit declines as loan growth slows and soured debt rises, the International Monetary...

Mexico City: Oil ministers from Opec and non-Opec producers are set to meet next week in Istanbul for talks on how to implement last month’s decision to...