Business

Muscat: A government development bond issue to raise OMR150 million will open for subscription on September 10. The subscription will close on September 14,...

Moscow/Beijing: Chinese conglomerate CEFC will buy a 14.16 per cent stake in Russian oil major Rosneft for $9.1 billion from a consortium of Glencore and...

Dubai: Saudi Arabia will cut crude oil allocations to its customers worldwide in October by 350,000 barrels per day, an industry source familiar with Saudi...

London: When oil giant Saudi Aramco discloses its financials for the first time next year, it must either surprise investors with world record profits or...

London: Gold prices rose to their highest in more than a year on Friday as weak economic data reduced expectations of another interest rate increase in the...

Beijing: China's producer price inflation accelerated more than expected to a four-month high in August, fueled by strong gains in raw materials prices...

Mumbai: The BSE benchmark Sensex rebounded about 115 points in early trade on Thursday on fresh buying in select bluechips amid a firm trend in Asian...

Yokohama: Nissan Motor Co. said on Thursday it was considering producing an electric SUV in the near future as it expects demand for electric vehicles (EVs)...

Shanghai: China stocks fell on Thursday, as profit taking in resource shares following their recent rally and weakness in the banking sector offset strong...

Muscat: Oman Qatar Insurance Company SAOG (under transformation), a leading insurance company in Oman, has announced the opening of its Initial Public...