Economy

Muscat: Foreign Direct Investment (FDI) in the Sultanate rose by 15 per cent, to OMR9.34 billion in 2017, from OMR8.09 billion in the fourth quarter in...

Beirut: Lebanon requires "an immediate and substantial" fiscal adjustment to improve the sustainability of public debt that stood at more than 150...

Hong Kong: Chinese smartphone maker Xiaomi Corp said on Saturday there is no time frame for a mainland share offering, casting doubt on Beijing's...

Washington: ZTE Corp and the US government are still working on an escrow agreement that must be completed and funded with $400 million before a ban on the...

New York: General Electric Co has lost its spot in the Dow Jones Industrial Average after over a century in the blue chip stock index, a new blow to a...

Beijing: Time is running out for Beijing to fulfil its reform promises if it hopes to maintain stable growth, a top European business lobby said on...

Sydney: Australia's largest telecom firm Telstra Corp Ltd said it would cut a quarter of its workforce and flagged asset sales on Wednesday, as...

Berlin: The leaders of Germany and France agreed on Tuesday to create a budget for the euro zone and hailed a "new chapter" for the currency...

Rabat: Morocco's central bank left its benchmark interest rate unchanged at 2.25 per cent on Tuesday and said it sees no need to intervene in the...

Sydney: Business confidence among Asian companies rose in the first quarter to the highest level in seven years, a Thomson Reuters/INSEAD survey showed, as...