Business

New York: Goldman Sachs Group said on Friday it would take a $5 billion earnings hit in the fourth quarter for the new US tax law, becoming the first major...

Muscat: His Majesty Sultan Qaboos bin Said issued a Royal Decree approving Oman's budget for 2018 on Monday. Royal Decree No. 1/2018, which endorsed a...

Muscat: A group of explorers who had been trapped in a cave for more than two days have been safely evacuated by search and rescue teams by Oman's...

Muscat: Residents in Oman can now save money with the introduction of a new monthly payment plan by the Muscat Electricity Distribution Company (MEDC). The...

Muscat: Oman’s benchmark MSM30 Index ended the year at 5,099.28 points with strong gains of 1.03 per cent. The MSM Sharia Index closed at 713.64 points,...

Dubai: Middle East fund managers plan to boost their equity holdings after a very weak year in which the region underperformed emerging markets globally...

Frankfurt: Deutsche Bank will resume the payment of normal bonuses for 2017, the bank’s chief told a German newspaper, and some employees will get...

Hong Kong: China’s Huawei Technologies on Friday flagged overall and smartphone revenue figures for 2017 that represented its slowest growth in four...

Hong Kong: Hong Kong bankers are eyeing a slew of blockbuster initial public offerings (IPOs) from Chinese technology firms with a total market...

Seoul: Hackers have stolen millions, lawmakers are pushing for new taxes and regulations, and a leading financial official has called them a “Ponzi...