Business

Ankara: Turkey's central bank is likely to lift interest rates at its meeting next week, with a 100-125 basis point increase in its policy rate seen as...

Sao Paulo: The US Treasury is open to removing Russian aluminum producer Rusal from a US sanctions list, Treasury Secretary Steven Mnuchin said on Friday,...

Riyadh: Saudi Aramco's potential acquisition of a stake in Saudi petrochemicals maker Sabic would affect the time frame of its own planned initial...

Houston: Italy's imports of US crude oil vaulted to a record in June after attacks by armed groups shuttered two major Libyan oil ports and cut off most...

Washington: US President Donald Trump on Friday said he was ready to impose tariffs on all $500 billion of imported goods from China, threatening to...

New York/Abu Dhabi: One of General Electric Co's largest and most valuable customers, Saudi Arabia, is lining up competitors to bid against GE for...

London: Boeing Co is in talks with Airbus and other companies about joining its bid for a 4 billion euro ($4.7 billion) heavy-lift helicopter contract in...

Washington: A group representing major automakers will tell the U.S. Commerce Department on Thursday that imposing tariffs of 25 per cent on imported cars...

Muscat: The MSM30 index ended higher on Wednesday and closed at 4,457.12 points, up by 0.33 per cent. MSM Sharia Index closed at 633.180 points, up by 0.10...

Brussels: The European Union will launch measures on Thursday designed to prevent a surge of steel imports into the bloc following the US imposition of...