Business

Berlin/Frankfurt: Automaker Geely's purchase of a $9 billion stake in Mercedes maker Daimler rekindled fears in Germany on Monday of its highly-prized...

Washington: Sales of new US single-family homes fell for a second straight month in January, weighed down by steep declines in the Northeast and South,...

Cape Town: South Africa's incoming Finance Minister Nhlanhla Nene said on Tuesday that the budget tabled by his predecessor last week might not prevent...

Jakarta: International Monetary Fund (IMF) Managing Director Christine Lagarde said on Tuesday the global economy was showing broad-based growth, but the...

Hong Kong: Strong consumption, as well as frothy stock and real estate markets likely bolstered Hong Kong's economic growth in the fourth quarter, but...

Seoul: South Korea has yet to decide how to regulate crypotocurrency trading, a senior government official said, highlighting Seoul's struggles to...

Muscat: The draft of a new companies law was discussed at a high-level meeting on Monday. The Economic Committee of the State Council discussed the draft...

Dubai: Saudi Arabia's annual consumer price inflation jumped to 3 per cent in January after the government introduced a 5 per cent value-added tax and...

Muscat: A recovery in oil prices and a ramp-up in gas output will boost the Sultanate’s economic growth, according to a report released by the ICAEW on...

Muscat: Oman’s stock market watchdog Capital Market Authority (CMA) on Monday suspended Moore Stephens from auditing accounts of companies regulated by...