Thursday, October 19, 2017
Home News Business

Business

NEW YORK It’s the prize of a lifetime — a $5 billion investment creating 50,000 well-paid jobs that everyone wants, but only one US city...

LAGUNA BEACH (California) After a series of acquisitions, General Motors has the building blocks it needs to deploy a large-scale fleet of robot cars, the...

LONDON Reckitt Benckiser will split into two business units, the British consumer goods maker said on Wednesday, after a third-quarter fall in sales prompted it...

NEW YORK Bombardier’s alliance with Airbus creates new hurdles for Boeing, but the US giant could respond by deepening its collaboration with Brazil’s Embraer and...

DUBAI Oman Electricity Transmission Company (OETC), a government-owned entity, is considering whether to issue US dollar-denominated Islamic bonds, sources familiar with the matter said. The potential...

 Staff Reporter MUSCAT The banking sector continued to witness reasonable growth in both credit and deposits. The total credit extended by banks at the end of August...

Staff Reporter MUSCAT Sohar Port and Freezone is out to develop its infrastructure which includes dredging, reclamation, shore protection, jetties, storm water drainage solutions and demolition...

Staff Reporter MUSCAT Ahlibank on Tuesday said that it had successfully closed its 50 million-rial perpetual bonds with oversubscription. In a filing to MSM, the bank...

DUBAI/LONDON China is offering to buy up to 5 per cent of Saudi Aramco directly, sources said, a move that could give Saudi Arabia the...

NEW DELHI India is likely to stick to its fiscal deficit target of 3.2 per cent of GDP, and may accelerate sales of government stakes...