Economy

Frankfurt: Euro-area consumer prices plunged the most in a year in February and a core measure also dropped, adding to deflation concerns that are piling...

Frankfurt: The euro area’s inflation rate probably slipped back to zero this month, ending a brief run of price gains and adding urgency to the European...

Muscat: As of the end of December 2015, private deposits at commercial banks in the Sultanate rose by 6.13 per cent to OMR11.88 billion, compared with...

Washigton: US economic growth slowed in the fourth quarter, but not as sharply as initially thought, with businesses less aggressive in their efforts to...

Shanghai: The Organisation for Economic Cooperation and Development (OECD) called on Friday on the world's 20 biggest economies to step up the slowing...

Washington: New orders for long-lasting US manufactured goods in January rose by the most in 10 months as demand picked up broadly, offering a ray of hope...

New Delhi: India should review its mid-term fiscal strategy, a government report urged on Friday, in a possible indication that Finance Minister Arun...

Hong Kong: Baidu posted revenue that topped analysts’ estimates as the Chinese Internet search provider’s investments in mobile begin to bear fruit and...

Muscat: Oman’s Sohar refinery and polypropylene plant will undergo a major planned turnaround or maintenance activity for two months from February 23 and...

Muscat: A joint venture (JV) between Omani investors and an Indian entrepreneur plans to build the world’s biggest plant for Sebacic acid in the Duqm free...