Business

Muscat: Muscat Gases Company said its shareholders have approved a proposal to set up United Industrial Gases Company LLC and transfer the company’s...

Mumbai: Private sector IDFC Bank and Shriram group's holding firm Shriram Capital on Saturday agreed to explore a merger that will create one of the...

Ibri power project aims to deliver 940MW in April 2018

Muscat: A Mitsui & Co Ltd-led consortium has achieved marked progress in building two major natural gas-fired power projects—Sohar 3 and Ibri—in Oman,...

Muscat: The MSM30 Index continued with its gaining momentum for the fourth consecutive session and ended at 5134.88 points, up by 0.30 per cent. The MSM...

Muscat: His Majesty Sultan Qaboos bin Said has received a cable of thanks from Prince Mohammad bin Salman bin Abdulaziz Al Saud in reply to His...

San Francisco: Microsoft plans to cut "thousands" of jobs, with a majority of them outside the United States, a person familiar with the matter...

Tokyo: Embattled Japanese conglomerate Toshiba used shares in its divested flash memory unit to secure a credit of 680 billion yen ($6 billion) from major...

Seoul: South Korea's LG Electronics estimated that its second-quarter operating profit rose 14 per cent from a year ago, but fell short of expectations...

Seoul: Samsung Electronics on Friday said its second-quarter operating profit likely rose 72 per cent from a year earlier to a new record, beating analyst...