Business

Cleveland: The Federal Reserve needs to continue gradual rate hikes despite broad uncertainty about the path of inflation, Fed Chair Janet Yellen said on...

New Delhi: India has been ranked as the 40th most competitive economy — slipping one place from last year's ranking — on the World Economic...

Munich/Paris: German industrial group Siemens and French rival Alstom agreed to merge their rail operations, creating a European champion to better...

London: Britain said it was disappointed with a US decision to slap preliminary anti-subsidy duties on Bombardier's CSeries jets which has put around...

Shanghai: Chinese stocks held steady on Wednesday, bolstered by strong gains in resources shares after upbeat industrial profit data and a robust earnings...

Muscat: Oman Brunei Investment Company (OBIC) has successfully closed a deal with German Operating Aircraft Leasing GmbH & Co. KG (GOAL), one of Germany’s...

Muscat: An official session of talks was held at the Council of Ministers headquarters in Muscat on Tuesday between the Sultanate and the Federal Democratic...

Muscat: Bank Sohar’s OMR100 million bond issue, which closed subscription recently, was oversubscribed. The bank had offered up to 100,000 perpetual bond,...

Muscat: Fertiliser production capacity in the Gulf Cooperation Council (GCC) region has reached 42.3 million tonnes per annum in 2017, rising by 12 per cent...

Muscat: Oman’s central bank raised OMR60 million from treasury bills. The treasury bills were for a maturity period of 182 days, from September 27 to...