Business

Rome: Credit ratings agency Standard & Poor's (S&P) unexpectedly raised its sovereign rating for Italy to BBB on Friday, the first such increase by S&P...

Caracas: Venezuelan state oil company PDVSA began making a major bond payment due on Friday, easing short-term worries about default but leaving the...

San Francisco: Apple quashed concerns of muted demand for its iPhone X on Friday, saying pre-orders for the 10th anniversary phone were "off the...

San Francisco: Elon Musk was fed up. The seats on Tesla Inc's new Model X SUV were a mess. An outside contractor was having trouble executing the...

Madrid: Spanish Economy Minister Luis De Guindos said on Thursday he sees economic growth of just above 3 percent this year despite a secession bid by the...

Muscat: A share purchase agreement to acquire an additional 12.1 per cent stake in Kuwait's Mobile Telecommunications (Zain) Company was signed by Oman...

Muscat: Oman’s benchmark MSM30 Index retreated 0.68 per cent to close at 4,998.71 points. The MSM Sharia Index declined 1.08 per cent to end at 729.57...

Muscat: As part of its ever growing product portfolio, Alizz Islamic Bank has enabled salaried individuals to avail commercial finance for their personal...

Muscat: Seventy per cent of all Middle East deals were cross-border in nature during the third quarter of 2017, according to a latest report by global law...

Muscat: Worldwide semiconductor revenue is forecast to total $411.1 billion in 2017, an increase of 19.7 per cent from 2016, according to Gartner. This...