Business

New York: General Electric's new chief executive vowed on Friday to shed more than $20 billion worth of assets and hold executives accountable for...

London/Montreal: A deal giving Airbus a controlling stake in Bombardier's CSeries jets should lead to extra work for the Canadian planemaker's...

Tokyo: For Bank of Japan (BOJ) Governor Haruhiko Kuroda, Sunday's general election has brought into focus the challenge of unwinding a massive stimulus...

Frankfurt: Not for the first time, European Central Bank (ECB) President Mario Draghi is facing a tricky balancing act. With the euro zone economic recovery...

Brussels: German Chancellor Angela Merkel, in a markedly positive response on Friday to an EU summit appeal by Prime Minister Theresa May for help with...

Washington: President Donald Trump is considering nominating Federal Reserve Governor Jerome Powell and Stanford University economist John Taylor for the...

Beijing: China's economy is on track to meet the official growth target for 2017, the head of the state planning agency said on Saturday. "We...

Muscat: Movenpick Hotels & Resorts’ Oman expansion strategy is gathering pace with the company revealing plans to operate its third property in...

Muscat: In a first of its kind in the Sultanate, the Global Money Exchange has opened an in-house training centre exclusively for its Omani staff. A branch...

New York: American Express Co said its chairman and chief executive Kenneth Chenault would step down early next year, ending a nearly 17-year tenure at the...