Business

Singapore/London/New York: With Iran poised to resume usual business ties with the world under a historic nuclear deal, Tehran is set to target India,...

London: Pound is quickly running out of friends. And its biggest enemies see the British currency falling to levels last seen during the reign of Margaret...

Hong Kong: China’s Haier Group agreed to buy General Electric’s appliance business for $5.4 billion in the country’s biggest acquisition of an...

Mumbai: India’ss central bank Governor Raghuram Rajan is back to his first love in the twilight of his current term. After stabilising the rupee, setting...

Shanghai: Chinese shares tumbled again on Friday, with the Shanghai index closing lower than at any time since December 2014, leaving most who put their...

San Francisco: Apple may be facing a hefty tax bill in Europe. The world’s largest company could owe more than $8 billion in back taxes as a result of a...

Seoul: Samsung Electronics has decided to return to using Qualcomm’s most powerful chips in its new high-end smartphones, a year after turning away from...

Muscat: The Royal Oman Police (ROP) is exerting every effort possible to combat the trade of narcotics, with the Directorate General of Narcotics Control...

MUSCAT: Ooredoo has signed three new financing agreements with local and international banks worth OMR68 million ($177 million). The new funding will be...

MUSCAT: Bank Muscat has achieved a 7.5 per cent growth in net profit at OMR175.45 million for 2015, against OMR163.23 million posted for the previous...