Business

Muscat: Customs officials in the Sultanate foiled 212 attempts to smuggle narcotics and illegal items during May 2016, Royal Oman Police reported on...

Wahington: The US economy created the fewest number of jobs in more than five years in May, hurt by a strike by Verizon workers and a fall in goods...

Dubai/London: Gulf Arab investors, some of the biggest buyers of British real estate, are holding back from new deals because they fear a property price...

Dublin: Qatar Airways Chief Executive Officer Akbar Al Baker said he’s happy with the level of the company’s 15 per cent stake in British Airways owner...

Muscat: Middle East carriers are expected to post a $1.6 billion profit, up slightly on the $1.4 billion reported for 2015. The capacity of carriers is...

Washington: The US Federal Reserve may be forced to delay a rate hike at its June meeting because of mounting concern over the economic fallout from...

Beijing: Greater industrial cooperation can help reduce distrust between Indians and Chinese, directly benefit their growth and usher in a new climax of...

Vienna: The European Central Bank (ECB) on Thursday nudged up its expectations for growth and inflation in the euro area this year, but kept its main...

Munich: BMW has transformed its "i" division into a development centre for self-driving cars, a board member told Reuters, a major strategic shift...

Dublin: Airbus Group is exploring ways of carving out extra space on its A380 superjumbos in order to boost capacity and enhance margins for operators,...