Business

San Francisco: Tesla CEO Elon Musk said late on Friday he would heed shareholder concerns and no longer pursue a $72 billion deal to take his US electric...

Muscat: With the advent of the Blessed Eid Al Adha happy days, His Majesty Sultan Qaboos bin Said has exchanged cables of greetings with leaders of Arab and...

Genoa: Italy mourned the victims of the collapse of a motorway bridge in the northern city of Genoa with a state funeral on Saturday, as rescue workers kept...

London: Asian liquefied natural gas (LNG) spot prices edged higher this week as attention shifted to cargoes for winter storage, though few shipments...

London: Swept along by super-easy money, investors have debated for years how world markets will react when this central bank largesse inevitably ends. Now...

Istanbul: Standard & Poor's said on Friday it had cut Turkey's sovereign credit rating deeper into "junk" territory, citing extreme lira...

Dubai: Saudi state oil giant Saudi Aramco remains committed to meeting future oil demand through continued investments, the kingdom's Energy Minister...

Caracas: Venezuela's president Nicolas Maduro announced on Friday a single exchange rate pegged to his socialist government’s petro cryptocurrency,...

New York/Boston: Several Tesla Inc shareholders have told Reuters they are concerned that the electric car maker will have to pay more to fund its growth if...

Muscat: Kuwait Financial Centre (Markaz) announced a revenue of KD8.77 million during the first half of 2018, an increase of 13.7 per cent on a year-on-year...