Business

Muscat: Ahlibank shareholders last week approved the issuance of 50 million perpetual bonds (additional tier 1 capital instruments), through rights issues...

Washington/Taipei: Foxconn, the world's largest contract electronics manufacturer and a major Apple Inc supplier, is planning a...

Washington: The US economy grew at its weakest pace in three years in the first quarter as consumer spending barely increased and businesses invested less...

Brussels/Frankfurt: Inflation surged and growth continued to accelerate in the euro zone, a plethora of indicators showed on Friday, keeping pressure on the...

London: Britain's economy slowed sharply in the first three months of 2017 as higher inflation, boosted by last year's Brexit vote, hit spending on...

Brussels: European Union (EU) leaders will endorse a stiff set of divorce terms for Britain at a summit on Saturday, rejoicing in a rare show of unity in...

San Francisco: Amazon.com's ventures far beyond online retail, from cloud computing to movie making, are raising questions among corporate strategy...

Houston: Google's 44-year-old India-born CEO Sundar Pichai received nearly $200 million in compensation last year, double the amount he got in...

Washington: President Donald Trump was set to sign an executive order issuing directions to review all international trade agreements inked by the US,...

New York: United Airlines said on Thursday it would offer passengers who volunteer to forfeit their seats on overbooked flights up to $10,000 as part of the...