Economy

London: Martin Sorrell beat WPP in the race to buy a Dutch digital agency on Tuesday, infuriating his former company and revealing the animosity raging...

Dubai: Saudi Arabia has published a draft law covering partnerships between the government and private sector in a step towards launching billions of...

Beijing: China's producer inflation accelerated to a six-month high in June, lifted by strong commodity prices and threatening to put more pressure on...

Istanbul: The Turkish lira recovered the bulk of its overnight losses early on Tuesday, having slid some 3 per cent after President Tayyip Erdogan announced...

Cairo: Egypt's annual urban consumer inflation surged to 14.4 per cent in June from 11.4 per cent in May, surprising some economists after 10 months of...

Beijing/Shanghai: US carmaker Tesla Inc has hiked prices on its Model X and S cars by about 20 per cent in China, becoming the first automaker to raise...

Beijing: Chinese President Xi Jinping on Tuesday pledged a package of $20 billion in loans, and about $106 million in financial aid, to Middle East nations,...

Muscat: Omani companies that engage in e-commerce transactions with the United States may end up having to pay sales tax after previously enjoying a...

Muscat: The Indian Ambassador to Oman, Indra Mani Pandey, said Sunday that the Indian government has taken giant strides in skill development and that...

Muscat: The 2018 Association of Certified Fraud Examiners (ACFE) Report to the nations on Occupational Fraud and Abuse estimated that on an average,...