Markets

Bidders for troubled air-bag maker Takata Corp. are leaning toward a court-mediated bankruptcy in Japan to shield them from liabilities, a move that the...

London: The Dollar surged to its highest levels in 14 years on Thursday, after the Federal Reserve hinted that U.S. interest rates could rise faster in 2017...

Muscat: Majority state-owned Oman Telecommunications Company (Omantel) on Thursday said that the group’s profit for the first nine months of 2016 grew by...

Paris: Misys, the UK financial-software maker owned by Vista Equity Partners, plans to sell about 500 million pounds ($635 million) of stock in an initial...

Muscat: Emphasising Octal’s pride in helping place Oman on the world map as a manufacturing and distribution hub, Nicholas Barakat, a top official of...

Seoul: Korea Development Bank, the main lender to Hanjin Shipping Co., offered a conditional credit line of 50 billion won ($45 million) to help ease...

London: Dubai-based online retailer Souq.com, known as the Amazon of the Middle East, is planning to sell a stake of about 30 per cent that would give the...

Abuja: The Nigerian Stock Exchange has seen a reduction in activity by almost half this year even after the central bank allowed the domestic currency to...

Muscat: Muna Noor, one of Oman’s oldest companies formed in in 1974 has opened the first of its new style Pipe and Valves Centers in Salalah. Gone is the...

London: London Stock Exchange Group Plc said the UK’s decision to leave the European Union may eventually damage investor confidence and weigh on...