Business

Muscat: His Majesty Sultan Qaboos bin Said has sent a cable of condolences to the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud of the...

Muscat: His Highness Sayyid Asa'ad bin Tariq bin Taimour Al Said, Deputy Prime Minister for International Relations and Cooperation Affairs, Special...

Muscat: Oman Hotels and Tourism Company plans to invest OMR100 million in building 10 three-star and four star-hotels over the next five years, which will...

Mumbai: India's largest lender State Bank of India (SBI) has put on block bad loans with outstanding balance of Rs1,471.47 crore (Rs14.71 billion) on...

New Delhi: Terming media reports of large scale job losses in the information technology industry as "highly exaggerated and unfounded", Union IT...

New Delhi: Indian Power Minister Piyush Goyal on Tuesday said he "will not allow" any company to come to India from a country that does not permit...

Washington: The chief executive officers of two major American companies — retailer Target and agribusiness Archer Daniels Midland (ADM) — offered...

Washington: Germany's trade surplus with the United States is beneficial to both countries given that German machinery exported to the world's...

Caracas: Venezuela on Tuesday announced a new foreign exchange auction mechanism to complement its currency control system, the fifth such plan in four...

Shanghai/Beijing: Moody's Investors Service downgraded China's credit ratings on Wednesday for the first time in nearly 30 years, saying it expects...