Economy

Palo Alto (California): Electric car maker Tesla Inc is cutting several thousand jobs across the company as it seeks to reduce costs and become profitable...

Istanbul: Turkish President Tayyip Erdogan held a ceremony on Tuesday to mark the start of supplies of gas from Azerbaijan to Turkey through the...

Muscat: Bilateral trade between Oman and India grew by almost 69 per cent from $4 billion in the 2016-2017 financial year to $6.7 billion in the 2017-2018...

Muscat: Oman’s central bank raised OMR84 million by way of allotting treasury bills on Tuesday. The treasury bills are for a maturity period of 28 days,...

Muscat: The General Council for Islamic Banks and Financial Institutions (CIBAFI) and the Union of Arab Banks (UAB) are jointly organising a Forum titled...

Muscat: The construction of Al Araimi Boulevard (ABLVD), Oman’s largest shopping, entertainment and lifestyle destination, is well underway and will be...

London: The new generation of global entrepreneurs is going into business motivated by purpose rather than just profit, according to research by the HSBC...

Beijing: A smartphone patent fight between Huawei Technologies and Samsung Electronics could reach a global resolution through a ruling by a Chinese court,...

Berlin: International Monetary Fund (IMF) chief Christine Lagarde led an attack by global economic organisations on US President Donald Trump's...

Washington: ZTE Corp's settlement with the US Commerce Department that would allow China's No. 2 telecommunications equipment maker to resume...