Business

New York: What looms over businesses as far flung as car repair, lab equipment and swimming pool gear? In a word, Amazon. Almost 700 US companies have...

Washington: The International Monetary Fund (IMF) on Friday said that the US dollar was overvalued by 10 per cent to 20 per cent, based on US near-term...

Moscow: The Russian central bank held its key interest rate unchanged at 9 per cent on Friday, citing geopolitical risks and inflationary pressures, but it...

Fremont (California): Tesla Chief Executive Officer Elon Musk said on Friday the Model 3 had over half a million advance reservations as he handed over the...

Mumbai: The benchmark BSE Sensex soared to a fresh life-time high of 32,533.34 and the NSE Nifty hit a new high of 10,068.40 in opening trade on Thursday on...

Shanghai: China stocks recouped early losses and edged higher on Thursday, aided by a strong bounce in start-ups as investors hunted for bargains after...

Berlin: Plans for tighter U.S. sanctions against Russia could harm European companies with energy interests in their giant eastern neighbour and appeared...

Muscat: Raysut Cement said its shareholders have approved a proposal to sell Oman Portuguese Cement Products Co. to Opal Development Co. The decision was...

Muscat: Bank interest rates in Oman have increased in view of the tight liquidity situation and increased competition among banks for deposit...

Muscat: Rebound in index heavyweights lifted the MSM30 Index to 5,027.35 points, a gain of 0.59 per cent. The MSM Sharia Index ended at 742.05 points, up by...