Business

Geneva: Credit Suisse Group posted a fourth-quarter loss of 2.35 billion francs ($2.34 billion) after taking a charge to settle a US investigation into the...

New Delhi: Wholesale inflation shot up to a 30-month high of 5.25 per cent in January as rising global crude oil prices spiked domestic fuel cost, even as...

Frankfurt: German growth accelerated less than anticipated in the fourth quarter as strong fundamentals in Europe’s largest economy were countered by...

London: Rolls-Royce Holdings Plc’s annual earnings fell less than expected as Europe’s biggest aircraft-engine maker deepened cost cuts and a late...

Dubai: Oman’s Electricity Holding Co. hired JPMorgan Chase & Co and Bank Muscat to advise on plans to raise about $2 billion this year, according to three...

Muscat: Dr Yahya bin Mahfoudh al-Manthri, Chairman of the State Council on Tuesday received a written message from Dr. Ali Larijani, Speaker of the Iranian...

Muscat: Oman produced 29.93 million barrels of crude oil in January, equivalent to 965,617 barrels per day, according to a monthly report released by the...

Muscat: Substituting imported goods with Omani manufactured products is key to strengthen the Sultanate’s manufacturing sector, according to industry...

Muscat: Oman produced 29.93 million barrels of crude oil in January, equivalent to 965,617 barrels per day, according to a monthly report released by the...

Muscat: Oman’s financial institutions, including Islamic banks, have achieved a 10.1 per cent growth at OMR22.1 billion by the end of December 2016, over...