Business

Muscat: In a major initiative to develop the Sultanate’s mining sector, four state-owned investment arms of Oman have come together to promote a...

Muscat: Oman government is planning to regulate the resale of mining concession licences by companies to check unhealthy practices. “We are regulating the...

Muscat: General Motors (GM) board of directors on Tuesday announced it has unanimously elected Mary Barra as its next chairman with immediate effect. She...

Muscat: Share prices on the Muscat Securities Market edged down amid listless trading. The MSM 30 Index closed on a flat note at 5417.09 points, down by...

Hong Kong: After a year that likely saw the weakest Chinese growth in a quarter century, 2016 began with a bump for policymakers on Monday as a sell-off in...

Singapore: Bank of China has hired Goldman Sachs and BOC International as joint sponsors for a $3 billion Hong Kong listing of its aircraft leasing arm,...

Shanghai: China struggled to shore up shaky sentiment on Tuesday a day after its stock indices and yuan currency tumbled, rattling markets worldwide, but...

San Francisco: General Motors (GM) said on Monday it will invest $500 million in Lyft and laid out plans to develop an on-demand network of self-driving...

Istanbul: Turkish companies are again considering initial public offerings (IPO) as a means to raise funds as debt financing becomes more expensive after...

Paris: Global Bioenergies, an unprofitable French maker of sugar-based gasoline, said oil’s recent slump to $35 a barrel is testing the financial...