Business

Muscat: A smart recovery in crude oil prices has resulted in a surge in the Oman government’s net oil revenues, which soared by 43 per cent to OMR2,564.7...

Zurich: US central banker John Williams said on Friday he does not expect any market turbulence as the Fed gets under way with reducing the huge balance...

Beijing: China's attempts to reduce risks from its rapid buildup in debt are not working as quickly as expected and credit growth is still too fast, S&P...

London: Ratings agency Moody's downgraded Britain's credit rating by a further notch on Friday, saying the government's plans to fix the public...

Vienna: Opec and other oil producers are clearing a glut that has weighed on crude prices for three years and may wait until January before deciding whether...

Paris: Turkish Airlines has begun talks with Airbus to buy up to 40 A350 jetliners worth $12.4 billion at list prices, hours after outlining a similar deal...

London: State Bank of India (SBI) on Friday launched India's first bond index series for overseas investors at the London Stock Exchange (LSE). The FTSE...

San Francisco/Sydney/Tokyo: Apple's launch of the iPhone 8 kicked off with less fanfare on Friday than new models in previous years in the United...

Florence (Italy): Prime Minister Theresa May set out a plan on Friday to retain full access to the EU's single market for two years after Brexit to try...

Ottawa: Despite Canada's threats to walk away from NAFTA talks if necessary, its limited success in diversifying exports leaves the nation too reliant...