Business

London: Royal Bank of Scotland (RBS) beat first-half profit forecasts on Friday in a sign its long-promised recovery is finally gathering pace, and said it...

New York: Warren Buffett's Berkshire Hathaway on Friday reported a 15 per cent drop in second-quarter profit, as lower investment gains and a loss from...

New Delhi: A month after the launch of historic tax reform GST, Finance Minister Arun Jaitley on Friday said there is no finishing line for reforms and...

Washington: The US trade deficit fell sharply in June as exports increased to their highest level in 2-1/2 years, a positive development for the...

Washington: US employers hired more workers than expected in July and raised their wages, signs of labour market tightness that likely clears the way for...

London: The global oil industry now appears to be in the early stages of a cyclical expansion which is likely to see prices rise over the next few years,...

Moscow: Russian state oil producer Rosneft in April made a $1.015 billion advance payment to PDVSA, Venezuela's state oil firm, under a crude oil...

London: Negative interest rates imposed by central banks have generally worked as a tool to boost inflation, pulling down yields and sometimes weakening...

Muscat: Duqm Refinery has awarded three main Engineering, Procurement and Construction (EPC) contracts to multinational companies for building the...

London: European shares fell back on Thursday as energy and banking stocks dragged broader indices, while retail was a bright spot after an upbeat set of...