Business

Muscat: The MSM30 Index closed the session at 4,987.37 points, down by 0.26 per cent. The MSM Sharia Index declined by 0.19 per cent to close at 704.85...

Manama: Bahrain will go ahead with imposing a value-added tax (VAT) to strengthen state finances, Minister of Finance Sheikh Ahmed bin Mohammed Al Khalifa...

Tokyo: A second year of slowing growth in the US auto market is forcing Japanese automakers to look beyond discounts to grow market share and focus more on...

London: The emergence of self-driving electric cars and travel sharing are set to dent oil consumption by 2040, oil and gas giant BP said, forecasting a...

London: Opec is closing in on its goal of reducing oil inventories held by industrialised nations to their five-year average, the original target of a...

London: US gasoline consumption has levelled off as the stimulus provided by low and falling oil prices between 2014 and 2016 has faded, so refiners are...

Seoul: South Korea's crypto-currency industry is anticipating much better times as the market regulator changes tack from its tough stance on the...

Frankfurt: Rapid advances in artificial intelligence (AI) are raising risks that malicious users will soon exploit the technology to mount automated hacking...

Caracas: President Nicolas Maduro said Tuesday that Venezuela had received $735 million in the first day of a pre-sale of the country's "petro”...

Seoul: General Motors (GM) has proposed investing $2.8 billion into its struggling South Korean operations over the next 10 years and has asked Seoul to...