Business

Dubai: Government of Oman is expected to announce the launch of a new US dollar bond issue this week as it seeks to plug a budget deficit caused by low oil...

Muscat: His Highness Sheikh Sabah Al Ahmed Al Jabir Al Sabah, Emir of Kuwait received the GCC ambassadors to the Sultanate at Al Alam Palace guesthouse in...

Muscat: His Majesty Sultan Qaboos bin Said has sent a cable of congratulations to Dr. Pearlette Louisy, Governor-General of Saint Lucia on the occasion of...

Melbourne: BHP Billiton, the world’s biggest mining company, reported first-half profit jumped as commodity prices surged on increased demand from China,...

Beijing: China's leading e-commerce firm Alibaba and a Shanghai-based state-owned retail conglomerate on Monday announced a rare private-public...

Brussels: Greece and its international lenders agreed on Monday to let teams of experts work out new reforms to Greek pensions, income tax and labour market...

Beijing: China will pump in $117 billion for the second consecutive year to add 35 new projects to the world's second-largest railway network as it aims...

London: Global e-commerce giant Amazon on Monday said it would create 5,000 full-time jobs in the UK this year as part of a new employment drive,...

Beijing: Chinese automaker Zhejiang Geely Holding Group Co is expected to bid as early as this week for a strategic partnership with struggling Malaysian...

Hong Kong: Asian stocks held ground on Tuesday though Chinese equities surged to a fresh 2-1/2 month high as domestic funds piled into financial counters on...