Business

London: A global oil glut has been virtually eliminated, according to Opec figures, thanks in part to an Opec-led supply cut deal in place since January...

California: Facebook Inc has so far suspended around 200 apps in the first stage of its review into apps that had access to large quantities of user data,...

Dubai: Abu Dhabi National Oil Company (ADNOC) has signed a project development agreement with Spain's Cepsa for a new linear alkylbenzene (LAB) facility...

Muscat: The Board of Directors of LG Electronics has approved the acquisition of leading automotive lighting and headlight systems provider ZKW Group,...

Muscat: Barka 1, one of the first independent water and power projects (IWPP) in the Sultanate owned by ACWA Power Barka, has achieved a major milestone in...

Washington: US President Donald Trump pledged on Sunday to help ZTE Corp "get back into business, fast" after a US ban crippled the Chinese...

Seoul: Forget Seoul's posh Gangnam district. With North Korea pledging to reduce tensions and renew ties with its southern neighbour, South Korea's...

Detroit: Trump administration demands in NAFTA trade negotiations meant to push auto jobs back to the United States may not be enough to spark a shift in...

Sydney: Asian shares rose to near two-month highs on Monday on hopes of a thaw in US-China trade tensions as US President Donald Trump pledged to help ZTE...

Abuja: Nigeria's former vice president Atiku Abubakar will privatise parts of the country's state oil company and allow the naira currency to float...