Business

London: Opec has cut its oil output for a second month in February, a Reuters survey found on Tuesday, allowing the exporter group to boost already strong...

London/Dubai: Citigroup Inc. is in advanced discussions for a banking license in Saudi Arabia, returning after a more than 10-year absence from the Kingdom,...

Beijing: China will further trim its bloated smokestack industries this year and support other sectors in services or internet-related businesses to create...

Muscat: His Highness Sayyid Fahd bin Mahmoud Al Said, Deputy Prime Minister for the Council of Ministers received today Marc J. Sievers, the US Ambassador...

Mumbai: Tata Sons Ltd. and NTT Docomo Inc. agreed to settle a dispute over a $1.2 billion arbitration award in favour of the Japanese company after their...

Muscat: An upward revision in corporate income tax and scrapping of tax concession for certain categories of corporate entities will help open up huge...

Dubai: The six-member Gulf Cooperation Council (GCC) will discuss the likelihood of constructing a regional rail network by 2021 at a meeting of regional...

Abuja: OPEC-led oil production cuts have been well supported by all participating countries despite some teething troubles for non-OPEC members, the...

Beijing/Singapore: Asian equities have overcome uneven earnings, a resilient yen and Donald Trump to outpace global markets this year -- and top investors...

London: While Google shuttered its Titan drone project, Facebook Inc. is planning to ramp up test flights for its own experimental solar-powered...