Business

New York: Verizon announced that it will slash $4.6 billion in value from assets purchased from Yahoo because of disappointing performance. Verizon had...

Hong Kong: Asian markets rallied on Wednesday on much-needed good news on the China-US trade talks, while the pound extended losses as it emerged that Prime...

New York: Wall Street stocks finished near flat following another choppy session characterised by positive sentiment on trade conflicts but marred by...

Mexico City: Mexico's energy regulator said Tuesday it was cancelling its remaining oil block auctions for private firms, the centerpiece of the...

Muscat: The State Council has referred the Draft General Budget 2019 to the Council of Ministers, accompanied by the recommendations of the State Council...

Muscat: Oman’s central bank raised OMR53.5 million by way of allotting treasury bills on Tuesday. The treasury bills are for a maturity period of 28 days,...

Muscat: The Omani rial’s effective exchange rate index rose by 3.2 per cent to 104.3 points as of the end of September 2018 compared to 101.1 points in...

Muscat: Oman Post is on course to reach zero subsidies within three years, a senior official from the company said. In a statement, Khalifa Al Kalbani,...

Muscat: The National Business Centre (NBC), an initiative of the Public Establishment for Industrial Estates – Madayn, has signed an incubation pact with...

Muscat: Smart cities and how they can enhance people’s lives will be the primary discussion at the spring forum being organised by the Special Economic...