Business

Brussels: Amazon was told on Wednesday to pay about 250 million euros ($295 million) in back taxes to Luxembourg, the latest US tech company to be caught up...

Frankfurt: BMW and Mercedes are betting they can mass produce new electric cars based on conventional vehicles, defying sceptics who say they will need more...

London: Facebook reported profits in Britain in 2016 of 58.4 million pounds ($77 million) after the introduction of anti-profit shifting measures but a...

New York: Bank of America Corp’s chief operations and technology officer Cathy Bessant said on CNBC that the bank would spend $600 million on information...

Dubai: Emirates, the Middle East's largest airline, has had a better first half in the current financial year than the same period a year ago when it...

Muscat: As part of his visit to Brunei Darussalam to participate on behalf of His Majesty Sultan Qaboos bin Said in the celebrations of the golden jubilee...

Brunei: His Majesty Sultan Haji Hassanal Bolkiah of Brunei Darussalam received at Istana Nurl Iman Palace, on Saturday, His Highness Sayyid Asa’ad bin...

Muscat: Oman’s decision to create 25,000 new jobs for young jobseekers as directed by the Council of Ministers has been hailed as historic move by members...

Muscat: Expansion plans are under study by the board of Sohar Aluminum to increase capacity in line with Tanfeedh’s recommendations along with a strategy...

Muscat: There was a marked fall in overall demand for petrol (gasoline) in the country in the first seven months of this year, mainly on account of a growth...