Business

New York/London: Oil prices rose on Thursday but fell as much as 35 per cent for the year after a race to pump by Middle East crude producers and United...

Kuala Lumpur: Emerging-market currencies slumped this year by the most since 1997, and analysts are forecasting further losses in 2016 as China’s economy...

TOULOUSE (France): Airbus won an agreement from ANA Holdings, Japan’s largest airline, to buy three of its A380 superjumbos, said a person familiar with...

Singapore: Gold’s image as a haven asset has taken a battering with the metal capping its longest slump in more than 30 years as investors sold from...

Dubai: Saudi Arabia’s stock exchange, the Arab world’s largest, aims to sell shares in an initial public offering (IPO) in 2018. The Saudi Stock...

New Delhi: Jet Airways India, Etihad Airways’ partner, paced a rally in Indian airline stocks after the region’s costliest fuel prices were cut to the...

New York: Cheniere Energy began production at what will become the first terminal to export natural gas from America’s shale formations, according to ING...

Muscat: Omani government expenditures and revenues for 2016 are estimated at OMR11.9 billion and OMR8.6 billion, respectively, leading to an anticipated...

Muscat: His Majesty Sultan Qaboos bin Said has issued a Royal Decree, approving the 2016 Budget and the Ninth Five Year Plan for 2016-2020.