Business

London: Oil is heading for its biggest weekly advance since April after Saudi Arabia signaled its prepared to discuss stabilising markets at informal Opec...

New Delhi: Steelmakers in India are reeling from a global glut, sliding prices and high industry debt. Yet the nation’s top maker of the alloy is betting...

Warsaw: German growth slowed less than predicted in the second quarter signalling diverging fortunes for two of the region’s biggest economies as they...

Beijing: China’s recent economic stabilisation faltered in July as factory output, retail sales and investment all slowed. Industrial production rose 6...

Frankfurt: Germany's SAP, maker of software used to grade the performance of millions of employees worldwide, is ditching its own annual performance...

London: Top investors in Lloyds Banking Group are concerned that chief executive Antonio Horta-Osório might leave the bank sooner than anticipated...

Copenhagen: A.P. Moeller Maersk shares gained as Denmark’s biggest company met punishing market conditions with cost cuts in order to create a leaner...

Mumbai: State Bank of India (SBI), the country’s largest lender by assets, posted its third straight decline in quarterly profit as provisions for bad...

Oman's new traffic law is the talk of the town and it continued to dominate the news agenda this week. 1. Oman has adopted a zero tolerance approach to...

Muscat: Three Omani nationals who missing in the sea around North Al Batinah governorate have been found in good health, Royal Oman Police (ROP) reported on...