Business

Zurich: While most western-European markets have recovered from the Brexit shock, Italy still has a long way to go. With a looming referendum and an ongoing...

Mumbai: Indian billionaire Kumar Mangalam Birla’s group may sell a 5 per cent stake in its financial services unit to help raise capital, providing a...

Muscat: Shares of two cement companies in Oman surged ahead on the Muscat Securities Market (MSM), after both the companies announced their plans to...

London: Organisation of Petroleum Exporting Ccountries (Opec) is on course to strike an output-freeze deal with fellow oil producers in Algiers next month...

San Francisco: Cisco Systems, the largest maker of networking equipment, will cut as many as 14,000 employees worldwide, or 20 per cent of its workforce,...

Muscat: Banking stocks lifted the MSM30 Index to 5,894.05 points, up by 0.12 per cent. Higher than usual foreign participation lifted market turnover to...

Seoul: Hyundai Motor is in discussions with Google about further partnerships as South Korea’s largest carmaker seeks external expertise to remain...

Moscow: Russia is delaying what would have been its biggest asset sale in a decade after renewed weakness in global oil markets and tensions among potential...

Singapore: Singapore’s exports plunged the most in four months as orders from China, Indonesia and the United States dropped. The local currency fell as...

Muscat: An entire family including two children aged six and four died in a road accident this morning in the Aseela area of Jalan in Sharqiyah region. The...