Business

New York: American International Group (AIG) posted its fourth loss in six quarters, burned again by higher-than-expected claims costs as Chief Executive...

Muscat: His Majesty Sultan Qaboos bin Said has sent a cable of greetings to President Dr. Dalia Grybauskaite of the Republic of Lithuania on the occasion of...

San Francisco: Apple is in discussions with China’s BOE Technology Group to supply next-generation displays for future iPhones, a key component that’s...

New Delhi: India’s clampdown on black money to boost transparency in the financial system continued to cut demand for gold in the world’s second-largest...

New Delhi: India may cut the amount of capital it plans to inject into state-controlled lenders this fiscal year by as much as Rs78 billion ($1.2 billion)...

Muscat: His Majesty Sultan Qaboos bin Said received President Dr. Hassan Rouhani of the Islamic Republic of Iran who arrived here on a one-day business...

Tokyo: After a chaotic day of earnings, it’s become clearer Toshiba may soon end up a shadow of its former self. Buried in company presentation materials...

Paris: Credit Agricole posted a slump in fourth-quarter profit after it booked a goodwill writedown at its French consumer-banking unit and trading revenue...

New York: SoftBank Group is buying alternative-asset manager Fortress Investment Group for $3.3 billion in cash to operate alongside the Japanese...