Business

New York: A 40 per cent increase in the amount of corporate debt coming due in developing nations over the next three years is creating a potential default...

Beijing: Home price rises in China's biggest cities showed signs of easing in July, adding to concerns that one of the economy's key growth drivers...

Kuwait: Saudi Arabia raised its combined crude oil and refined-product exports to 8.83 million barrels a day in June, the highest on record for that month...

London: Britain's public finances showed a smaller-than-expected budget surplus in the first month after the vote to leave the European Union,...

Hong Kong: China Investment Corp. (CIC), the $814 billion sovereign fund, is leading a Chinese investor group in talks for a multibillion-dollar iron ore...

New York: Sorry, Target Corp., but the US consumer isn’t the problem. That’s the view of Wal-Mart Stores, which boosted its forecast on Thursday...

Mexico City: Exxon Mobil, Chevron and Hess have agreed to bid together for rights to drill for crude in Mexico’s deepwater oil areas, according to a...

Copenhagen: A.P. Moeller-Maersk said it’s still considering several options in its strategic review after a local newspaper reported that the Danish...

Muscat: Dr. Yahya bin Badr Al Ma'awali, Undersecretary of the Ministry of Social Development met today (Thurdsay) with the Palestinian delegation,...

Muscat: His Majesty Sultan Qaboos Bin Said on Thursday issued four Royal Decrees. The first is to issue a law to continue the validity of licenses for...