Business

Beijing: Chinese Internet giant Tencent Holdings said on Monday it would lead an $863 million investment in apparel platform Vipshop Holdings, upping its...

Seoul: South Korea’s trade ministry said on Monday it had reported to parliament a plan to renegotiate the 2012 free trade agreement (FTA) with the United...

Zurich: Nestle has sold its sold two of its tea brands in North America as the world’s biggest food maker presses ahead with reshaping its business to...

Moscow: Venezuela has awarded licences to a unit of Russian oil major Rosneft to develop two offshore gas fields, Rosneft said in a statement. Venezuelan...

London: British Prime Minister Theresa May will pitch her plan for a Brexit transition period with unchanged access to European Union markets when she...

Muscat: Sohar port was awarded the Best Dry Bulk Port at the IBJ Awards in Amsterdam recently, according to a statement from the port authorities. One of...

Muscat: Oman Food Investment Holding Company (OFIC), the investment arm of the government that aims to achieve food security by investing in food processing...

Muscat: Oman’s benchmark MSM30 Index gained 0.28 per cent to end at 5,075.84 points. The MSM Sharia Index declined 0.09 per cent to close at 708.16...

Muscat: The insurance markets in Oman and the United Arab Emirates are anticipated to grow at the fastest annualised average pace of 12.1 per cent between...

New York: The Boeing 747, the original jumbo jet that was the favourite American presidents and key to affordable mass market air travel in the United...