Business

Dubai/Abu Dhabi: Bank of Sharjah and Invest Bank are in merger talks that could create an institution with about 50.6 billion dirhams ($13.8 billion) of...

Muscat: Shares on the Muscat bourse firmed up on support from retail investors. MSM30 index closed on a flat note at 5,078.03 points, marginally up by 0.02...

London: European shares traded only slightly higher on Wednesday, losing some of the momentum that pushed stocks in Asia and on Wall Street to new highs...

Phnom Penh: Cambodia's economy is forecast to grow 6.9 per cent next year, compared with a projected 6.8 per cent pace in 2017, despite risks including...

Washington: The U.S. government on Tuesday urged businesses to act on an Intel Corp alert about security flaws in widely used computer chips as industry...

Istanbul: The Turkish lira hit a record low of 3.98 against the dollar on Wednesday, extending a slide of some 17 per cent since September on investor...

Beijing: China took steps to rein in the rapidly growing and lightly regulated market for online micro-lenders in the government's latest crackdown on...

Tunis: Libya's Waha Oil Co is producing about 260,000 barrels per day (bpd), up more than 100,000 bpd from the company's output levels this summer,...

London: Oil prices rose on Tuesday as traders looked to a meeting next week at which major crude exporters are expected to extend production cuts, though...

Beijing: China will raise foreign ownership limits in financial firms in a step granting access to a tantalising multi-trillion dollar financial services...