Business

Cairo: Egypt took two dramatic economic measures by floating its currency and raising the prices of subsidized fuel, steps that all but secure a $12 billion...

Ratan Tata back at the helm moves fast to fix his house in order Mumbai: Ratan Tata, back at the helm of India’s biggest conglomerate for just over a...

Chicago: Starbucks posted earnings that topped analysts’ estimates as new food items and digital efforts like mobile ordering helped its US business defy...

Munich: Third-quarter profit at BMW’s automotive unit fell as the German manufacturer spends more on developing electric cars and struggles to sell luxury...

Muscat: His Highness Sayyid Shihab bin Tareq al Said, Adviser to His Majesty the Sultan, inaugurated on Thursday at his office five new languages to the...

New York: Facebook shares dropped as much as 7 per cent after-hours on Wednesday after executives warned that revenue growth would slow next year as its ad...

London: Royal Dutch Shell Plc, the world’s second-biggest energy company by market value, thinks demand for oil could peak in as little as five years, a...

London: Amazon.com Inc. is weighing a bid for a stake in Dubai-based online retailer Souq.com FZ as the e-commerce giant seeks to expand in the Middle East,...

Muscat: An agreement on avoiding double taxation and income-tax evasion was signed at the Ministry of Finance yesterday between the governments of the...

Muscat: Oman’s market watchdog Capital Market Authority (CMA) on Wednesday suspended share trading of three listed companies on the Muscat Securities...