Business

Muscat: ABB has won an order worth more than $40 million from a consortium comprising Doosan Heavy Industries and state-owned construction company PT Hutama...

New York: The US Federal Trade Commission (FTC) has made a second request for information on chipmaker Broadcom’s $103 billion hostile bid for Qualcomm,...

San Francisco: Facebook will prioritise “trustworthy” news in its feed of social media posts, using member surveys to identify high-quality outlets and...

Houston: US oilfield service companies exposed to Venezuela face new hits to earnings from the South American nation’s ongoing economic turmoil and US...

Frankfurt: Deutsche Telekom will keep to its promise of hiking dividends in 2018 and the years thereafter, its Chief Financial Officer Thomas Dannenfeldt...

Muscat: Oman LNG and BP Singapore have signed a major sales and purchase agreement (SPA) for supplying liquefied natural gas (LNG) to the latter. The...

London: Britain's vast financial services industry will suffer far fewer job losses from Brexit than first feared, the City of London's policy chief...

Washington: Nearly two-thirds of US coal producing states lost coal mining jobs in 2017, even as overall employment in the downtrodden sector grew modestly,...

Bengaluru/Sao Paulo: The North American Free Trade Agreement (NAFTA) will probably be renegotiated successfully with only marginal changes, said a large...

Brussels: After hitting a three-year high against the dollar, the strong euro is likely to preoccupy global markets and European Central Bank (ECB)...