Economy

Brasilia: Brazil's economy contracted sharply in 2015 as businesses slashed investment plans and laid off more than 1.5 million workers, official data...

London: Britain's economy would be worse off if the country left the European Union, according to foreign exchange strategists who said a so-called...

Muscat: Oman’s capital investment in electricity projects recorded a growth of 27 per cent at OMR221 million in 2015, as against OMR174 million in 2014,...

Muscat: A tender of government treasury bills, issue number 002, was held at the Central Bank of Oman (CBO) on Tuesday. The total value of the allotted...

Hanghzhou, (China): An influential Federal Reserve official on Tuesday said he sees downside risks to his US economic outlook, an assessment that could flag...

Sydney: Manufacturing activity across much of Asia shrank in February with China suffering a seventh straight month of decline, a blow to policymakers who...

Muscat: A total of 1,403 commercial registrations have been updated and 4,402 new registrations had been made with the help of the “Invest Easy” portal...

Frankfurt: Euro-area consumer prices plunged the most in a year in February and a core measure also dropped, adding to deflation concerns that are piling...

Frankfurt: The euro area’s inflation rate probably slipped back to zero this month, ending a brief run of price gains and adding urgency to the European...

Muscat: As of the end of December 2015, private deposits at commercial banks in the Sultanate rose by 6.13 per cent to OMR11.88 billion, compared with...