Economy

London: British manufacturing growth slid to a 17-month low in April, sending sterling sinking and further reducing the chances of an interest rate hike by...

Muscat: Larsen & Toubro (L&T), India’s leading engineering, technology and construction conglomerate on Tuesday signed, subject to regulatory approvals,...

Muscat: Oman’s banking sector remains in a fairly robust position underpinned by strong asset growth, and innovation through technology, which is enabling...

Dubai: Royal Dutch Shell is fully committed to its gas joint venture in Iraq, after the energy major exited its oil assets in the Opec country, and plans to...

London: Opec oil output fell in April to a one-year low due to declining production in Venezuela and lower shipments from African producers, a Reuters...

Berlin: Annual inflation in four German states was steady in April, regional data showed on Monday, suggesting price pressures in Europe's largest...

Washington: US consumer prices accelerated in the year to March, with a measure of underlying inflation surging to near the Federal Reserve's 2 per cent...

Mexico City: Mexican companies are delaying investment, bringing forward imports to protect against currency swings and warning the next few months could be...

Washington: US President Donald Trump has postponed the imposition of steel and aluminum tariffs on Canada, the European Union and Mexico until June 1, and...

Washington: The US Federal Reserve is set to hold interest rates steady this week but will likely further encourage expectations that it will lift borrowing...