Business

Houston/Caracas: Venezuela's state-run oil company, PDVSA, has fallen months behind on shipments of crude and fuel under oil-for-loan deals with China...

Rio de Janeiro: Petroleo Brasileiro’s $5.2 billion sale of a natural gas distribution unit to Brookfield Asset Management and other investors has just hit...

New York: Amazon.com on Friday disclosed Iranian business ties that may have violated US sanctions, warning that it may be penalised after a regulatory...

Tokyo: Radical. That’s probably the single adjective that best covers the disparate economic policies being pursued in Asia’s three largest economies....

London: UK inflation is almost back on target. Economists forecast that consumer-price growth accelerated to 1.9 per cent in January, part of an upward...

California: Facebook Inc. hired MTV executive Mina Lefevre to develop original TV shows for the world’s largest social network. Lefevre, who oversaw all...

Berlin: Germany posted a record trade surplus in 2016, which may further fuel accusations by the Trump administration that Europe’s largest economy is...

Washington: Donald Trump criticized Nordstrom Inc. for dropping daughter Ivanka’s brand from the department-store chain, drawing a new company into the...

Muscat: Hanan bint Khalfan Al Salimi, the first Omani woman to have been appointed Director of the Police Rescue Department, says it shows the trust that...

Muscat: A report on divergence of views between State Council and Majlis Al Shura on some issues was discussed on Wednesday. The discussions came during the...