Business

New Delhi: After its defeat in China, Uber Technologies cannot afford to lose a second billion-people-plus market to a local incumbent. So the ride-hailing...

London: The oil-trading boom that cushioned the profits of Royal Dutch Shell Plc and BP Plc through the price slump of 2015 and early 2016 is over. BP said...

Riga: Poland’s government is having a hard time coming to grips with economic growth that fell far short of the level it targeted last year. With gross...

Muscat: Omani banks are expected to achieve a robust 8-10 per cent growth in credit this year, according to a top level official at the Central Bank of...

Muscat: A tender of Government Treasury Bills, issue number 453, was held at the Central Bank of Oman (CBO). The total value of the allotted Treasury bills...

Muscat: Oman’s benchmark MSM30 Index continued gaining momentum for the sixth straight session to close with gain of 0.17 per cent at 5,824.68 points, its...

Muscat: As part of its commitment to facilitate global best practices in risk management, Oman Banks Association (OBA) has hosted a forum on ‘Cyber...

Muscat: Sukuk issuance was muted last year and, contrary to some market commentators, S&P Global Ratings does not believe this was primarily due to the drop...

Paris: BNP Paribas posted fourth-quarter profit that missed estimates as earnings fell at the French consumer-banking business. The lender also laid out a...

Sydney: The Reserve Bank of Australia’s (RBA’s) nod to rising leverage and a pick-up in home loans suggests an easing is unlikely any time soon —...