Business

Muscat: National Pharmaceutical Industries Company plans to raise its capital by OMR5 million by way of a rights issue. The company has received approval...

Muscat: Petroleum Development Oman (PDO) on Thursday marked the graduation of 471 young Omanis from company-sponsored training schemes to take up full-time...

London: British households turned increasingly cautious in the three months to September as they raised their spending at the slowest annual pace since...

Lisbon: Portugal's budget deficit was just 0.1 per cent of gross domestic product in the 12 months ending in September, putting the country on course to...

Washington: US consumer spending accelerated in November and shipments of key capital goods orders increased for the 10th straight month, data showed on...

Brasilia/Paris: Boeing sought to calm Brazilian concern about a potential tie-up with Embraer after President Michel Temer and other officials warned they...

Beijing/Shanghai: China's trade with North Korea edged up to $388 million in November but remained around its lowest levels this year, data showed on...

New York: Royal Bank of Scotland (RBS) will pay $125 million to resolve claims that it made misrepresentations while selling mortgage-backed securities to...

Muscat: The Middle East region’s initial public offering (IPO) values were up an impressive 55 per cent year on year, from $676 million to $2.1 billion in...

Muscat: Boeing and flydubai have finalised the purchase of 175 737 MAX airplanes in the largest single-aisle jet order in Middle East history. The deal –...