London: World oil demand will grow more than expected this year, helping to ease a global glut despite rising production from North America and weak Opec...
Duqm: Oman Wanfang, which is the master developer of China Oman Industrial Park in Duqm, plans to develop 25 new projects, which will take the total number...
Muscat: Foreign companies exporting goods and services to Oman can have multiple agency agreements with local firms and Oman government does not allow...
Dubai/Riyadh/London: Saudi Arabia favours New York for the main foreign listing of state oil giant Saudi Aramco, even though some financial and legal...
San Francisco: Amazon.com is exploring a technology first developed for the US military to produce tasty prepared meals that do not need refrigeration, as...
New York: J.C. Penney's stock hit a life-low as sweeping store closures and a challenging retail environment drove the embattled department store chain...
London: Tata Steel on Friday announced clinching of a new agreement that will detach the 15-billion-pound British Steel Pension Scheme (BSPS) from its UK...
Washington: US consumer prices rose slightly in July as higher food costs were partly offset by falling prices for a range of other goods, suggesting benign...
Mumbai: 'Unusual' cash deposits totalling Rs1.6-1.7 lakh crore (Rs1,600-1,700 billion) were made during the demonetisation period, says a research...