Business

Washington: US retail sales recorded their biggest increase in seven months in July as consumers boosted purchases of motor vehicles and lifted...

Stockholm: Underlying inflation topped the Swedish central bank's target in July for the first time since 2010, putting the central Riksbank under...

Shanghai: China stocks closed lower on Wednesday as investor sentiment was undermined by concerns over weakening economic growth, but losses were kept in...

Dubai: Sohar Aluminium said on Tuesday it was assessing how soon production could resume from its smelter, which has a capacity of more than...

Berlin: Air Berlin, Germany's second-largest airline, filed for bankruptcy protection on Tuesday after key shareholder Etihad Airways withdrew funding...

Muscat: Capital expenditure of Duqm Refinery’s 230,000 barrels per day-capacity refinery has been scaled down to $5.65 billion, from an earlier estimate...

Muscat: Shares on the Muscat bourse declined on lack of buying support even at lower levels. The MSM30 Index had a negative session with a loss of 0.78 per...

Muscat: Travelex, the world’s leading foreign exchange specialist, has been appointed as one of the foreign exchange (forex) providers at the new Muscat...

Abu Dhabi: The United Arab Emirates and Saudi Arabia will introduce value-added tax (VAT) next January but other countries in the six-nation Gulf...

Muscat: Bahrain's GFH Financial Group (GFH) on Tuesday announced that it has completed the acquisition of $1.2 billion infrastructure portfolio in...