Business

Muscat: His Majesty Sultan Qaboos bin Said has received a cable of thanks from Queen Margrethe II of Denmark in reply to His Majesty's congratulatory...

Cairo: Egypt's unemployment rate dipped below 12 per cent in the second quarter, the first time it has been that low since the political uprising of...

London: Britain's Royal Bank of Scotland (RBS) plans to cut around 900 technology jobs at its London office by 2020, in its latest plan to reduce costs,...

Washington: Technology companies, such as Microsoft and Cisco Systems have ramped up lobbying ahead of talks to renegotiate the North American Free Trade...

Washington: US retail sales recorded their biggest increase in seven months in July as consumers boosted purchases of motor vehicles and lifted...

Stockholm: Underlying inflation topped the Swedish central bank's target in July for the first time since 2010, putting the central Riksbank under...

Shanghai: China stocks closed lower on Wednesday as investor sentiment was undermined by concerns over weakening economic growth, but losses were kept in...

Dubai: Sohar Aluminium said on Tuesday it was assessing how soon production could resume from its smelter, which has a capacity of more than...

Berlin: Air Berlin, Germany's second-largest airline, filed for bankruptcy protection on Tuesday after key shareholder Etihad Airways withdrew funding...

Muscat: Capital expenditure of Duqm Refinery’s 230,000 barrels per day-capacity refinery has been scaled down to $5.65 billion, from an earlier estimate...