Business

Beijing: China's factory activity expanded faster than expected in February as domestic and export demand picked up, adding to signs that the global...

New York: Toshiba Corp. is sending letters soliciting offers for its memory chip business this week and seeking bids that value it at about 1.5 trillion yen...

Muscat: His Majesty Sultan Qaboos bin Said has sent a cable of congratulations to President Mladen Ivanic, Chairman of the Presidency of Bosnia and...

London: Nissan Motor Co. could face a 500 million-pound ($620 million) hit to profit should the U.K. fall back on World Trade Organisation rules after two...

Muscat: Oman’s 27th edition of COMEX Expo will take place for the first time at the Oman Convention and Exhibition Center on March 28 until April 1,...

London: Opec has cut its oil output for a second month in February, a Reuters survey found on Tuesday, allowing the exporter group to boost already strong...

London/Dubai: Citigroup Inc. is in advanced discussions for a banking license in Saudi Arabia, returning after a more than 10-year absence from the Kingdom,...

Beijing: China will further trim its bloated smokestack industries this year and support other sectors in services or internet-related businesses to create...

Muscat: His Highness Sayyid Fahd bin Mahmoud Al Said, Deputy Prime Minister for the Council of Ministers received today Marc J. Sievers, the US Ambassador...

Mumbai: Tata Sons Ltd. and NTT Docomo Inc. agreed to settle a dispute over a $1.2 billion arbitration award in favour of the Japanese company after their...