Business

Muscat: His Majesty Sultan Qaboos bin Said has sent a cable of greetings to Dr. Janos Ader, President of Hungary on his country’s National Day. In his...

London: Even if Opec strikes a deal with Russia next month in Algiers to freeze oil production, success will mean a lot less than when they tried and failed...

Jakarta: Asian fans of smartphone game Pokemon Go are hunting out the best telecom providers and network gear to overcome the hurdle posed by patchy network...

New York: A 40 per cent increase in the amount of corporate debt coming due in developing nations over the next three years is creating a potential default...

Beijing: Home price rises in China's biggest cities showed signs of easing in July, adding to concerns that one of the economy's key growth drivers...

Kuwait: Saudi Arabia raised its combined crude oil and refined-product exports to 8.83 million barrels a day in June, the highest on record for that month...

London: Britain's public finances showed a smaller-than-expected budget surplus in the first month after the vote to leave the European Union,...

Hong Kong: China Investment Corp. (CIC), the $814 billion sovereign fund, is leading a Chinese investor group in talks for a multibillion-dollar iron ore...

New York: Sorry, Target Corp., but the US consumer isn’t the problem. That’s the view of Wal-Mart Stores, which boosted its forecast on Thursday...

Mexico City: Exxon Mobil, Chevron and Hess have agreed to bid together for rights to drill for crude in Mexico’s deepwater oil areas, according to a...