Business

Muscat: After detecting several cases where water tanker owners were found charging exorbitantly, a move to control the business and set a fixed fee for...

Muscat: Forty-four per cent of the respondents in Oman believe that their country’s economy is worse today compared to six months ago, according to a...

Kuala Lumpur: Royal Dutch Shell is considering a sale of its stake in a Malaysian Liquefied Natural Gas (LNG) export plant, which could fetch more than $1...

Bangalore: Global software major Infosys on Friday lowered its annual revenue guidance for the 2016-17 fiscal due to uncertain business outlook and currency...

Beijing: A mixed bag of Chinese economic data this week has unnerved global markets and clouded the outlook for China's economic growth, days before the...

Almaty: Kashagan, a vast oil field in the Caspian Sea, sent its first crude for export after about 16 years in development and more than $50 billion of...

Singapore: Singapore’s central bank signaled it will stick to its neutral currency policy for an extended period of time after the economy contracted the...

Helsinki: Ericsson had its credit rating cut by Moody’s Investors Service after the Swedish phone-network maker revealed this week that waning demand...

Berlin: Volkswagen posted its biggest monthly sales gain this year as a surge in China offset a drop in Brazil and eroding market share in Europe in a sign...

San Francisco: Hewlett-Packard (HP) plans to cut 3,000 to 4,000 jobs over the next three years to help bring costs in line with slumping demand in the...