Business

Muscat: His Majesty Sultan Qaboos bin Said has received a cable of thanks from the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud of...

Washington: US consumer confidence surged to a more than 16-year high in March amid growing labour market optimism while the goods trade deficit narrowed...

Athens: The Greek government told the country's central bank chief to stay out of politics on Tuesday after he urged it to wrap up a long-delayed...

Washington: Nepal's economy is rebounding after a slowdown caused due to 2015 earthquakes and trade disruptions at the southern border, the...

Melbourne: An Australian government-owned fund manager company has expressed interest to invest in "infrastructure pieces" of Indian energy giant...

Ulaanbaatar: Japan has committed $850 million in loans to Mongolia as part of a bailout to help rescue the country's struggling economy, Mongolia's...

Tokyo: Toshiba's troubled US nuclear unit Westinghouse filed for Chapter 11 protection from creditors on Wednesday, as its Japanese parent seeks to...

Dubai: Growth in Saudi Arabian bank lending almost halted in February, central bank data showed on Tuesday, with companies holding back from investment in...

London: Oil production from the western Libyan fields of Sharara and Wafa has been blocked by armed protesters, reducing output by 252,000 barrels per day...

London: BP plans to sell more refineries without investing in new plants despite growing oil production and will focus on modernising existing operations...