Business

Jachson Hole, (Wyoming): The Federal Reserve is getting closer to raising interest rates again, the head of the US central bank and other policymakers said...

Mumbai: The BSE benchmark Sensex extended its fall for second straight week by slumping 294.75 points and once again slipping below the psychological...

Caracas/Houston: Venezuela's state oil company, PDVSA, has relaunched a large tender for the drilling of 600 oil wells in the world's largest crude...

Muscat: The value of the Sultanate's imports of food commodities stood at OMR1.13 billion during 2015 compared to OMR1.19 billion during 2014 comprising...

San Franciso: Wall Street will fixate on a wave of US economic data next week, crested by payrolls data on Friday that could sway expectations about the...

London: Starting early next year, travellers on some Lufthansa flights in Europe will be able to surf the web using airborne Wi-Fi that promises speeds and...

Muscat: His Majesty Sultan Qaboos bin Said has sent a cable of greetings to Nicolae Timofti, President of Moldova on his country’s independence...

Muscat: Oman is facing a construction crisis, according to the Chief Executive Officer (CEO) of an Omani contractors association. Shahswar G Al Balushi, CEO...

London: Multibillion-dollar oil and gas deals are back on the table. More than $11 billion of transactions were announced globally in July as crude’s...

Washington: US economic growth was a bit more sluggish than initially thought in the second quarter as businesses aggressively ran down stocks of unsold...