Economy

Washington: The US Federal Reserve kept the benchmark lending rate unchanged on Thursday, highlighting the continued strong performance of the economy but...

Rome: Italy will not leave the eurozone, populist Deputy Prime Minister Luigi Di Maio said on Friday, despite a standoff with Brussels over Rome's...

Frankfurt: German sporting goods maker Adidas on Wednesday lifted its profit expectations for 2018 after a "strong" third quarter that saw brisk...

Seattle: At China's biggest air show, a top Boeing executive voiced hope that the US and China would resume trade talks. He has reason to worry: The US...

Muscat: Petroleum Development Oman (PDO) on Wednesday said its world's first solar photovoltaic Independent Power Producer (IPP) project marked a step...

Muscat: Oman Arab Bank (OAB) announced that it has successfully closed unsecured perpetual subordinated bonds valued at OMR42.55 million as Additional Tier...

Muscat: As part of the Global Entrepreneurship Week (GEW 2018) events which will kick off next week, the National Business Centre (NBC) will host Kuwaiti...

Muscat: Muscat Electricity Distribution Company (MEDC), a member of Nama Group, signed a number of contracts worth up to OMR7.50 million at the company head...

Muscat: Siemens will present solutions to help oil and gas companies unlock the value of data by using digitalisation and advanced analytics to reduce...

Muscat: Manufacturers and their partners across the food and beverage (F&B) value chain can leverage powerful new digital applications and systems,...