Business

Muscat: Petrofac has been awarded a lump-sum contract worth approximately $800 million by BP for the Phase 2 central processing facility (CPF) at the...

New York: A boom in newly built luxury apartments in Manhattan has skewed prices for the overall residential real estate market in the borough and masked a...

Tokyo: US stock futures, Treasury yields and the dollar dipped on Wednesday as Democrat Doug Jones beat Republican Roy Moore in a bitter US Senate race in...

London: Prime Minister Theresa May's divorce deal with the European Union is the strongest signal since the shock 2016 Brexit referendum that the United...

Washington: US producer prices rose in November as gasoline prices surged and the cost of other goods increased, leading to the largest annual gain in...

Buenos Aires: The United States, European Union and Japan vowed on Tuesday to work together to fight market-distorting trade practices and policies that...

Buenos Aires/Brasilia: Trade talks between the European Union and South America's Mercosur bloc will likely extend into next year after European...

Washington: The Federal Reserve is widely expected to raise interest rates on Wednesday, but, more significantly, it may give its strongest hint yet on how...

Muscat: The State Council referred the Draft General Budget 2018 to the Council of Ministers accompanied by the recommendations of the State Council and...

Muscat: His Majesty Sultan Qaboos bin Said, the Supreme Commander of the Armed Forces, hosted a dinner at Bait Al Barakah on Monday evening on the occasion...