Business

Detroit: General Motors (GM) posted stronger-than-expected pre-tax profit for the third quarter on Tuesday, helped by cost-cutting and a shift to...

Montreal/Paris: The Canadian government encouraged Bombardier to make a deal with Airbus for its CSeries planes to thwart a potential venture with Chinese...

Athens: Outgoing German Finance Minister Wolfgang Schaeuble urged debt-wracked Greece to stop blaming others for its financial woes and stick to a reform...

Shanghai: China blue-chips extended gains on Wednesday to 26-month highs, underpinned by robust profits from tech firms and as the ruling Communist Party...

Muscat: Oman’s monetary condition is stable, Tahir bin Salim Al Amri, Executive President of the Central Bank of Oman (CBO) has said in a statement. He...

Muscat: Quality has become a priority for Omani residents while buying building materials as a turnaround is expected in the construction sector in Oman...

Muscat: Despite improved turnover, the benchmark MSM30 Index remained unchanged at 5,032.99 points. The MSM Sharia Index declined 0.27 per cent to end at...

Muscat: Air traveller traffic in the Middle East will grow strongly by 5 per cent and will see an extra 322 million passengers a year on routes to, from and...

Muscat: Bank Sohar successfully closed the issue of up to 100,000 perpetual capital securities (including a greenshoe option) on a private placement basis,...

Muscat: DP World Limited handled 52.3 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals during the first nine...