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TOKYO Toshiba has chosen a consortium of Japanese government investors and Bain Capital as the preferred bidder for its chip business, aiming to seal a...

SAN FRANCISCO Apple has expanded its legal battle against Qualcomm, accusing the US chip maker of charging for invalid patents in the latest twist in...

WASHINGTON Tesla said the head of its autopilot software, Chris Lattner, left the company in less than six months since joining the electric carmaker. “Chris...

 Staff Reporter MUSCAT The privatisation of Muscat Electricity Distribution Company (MEDC) will not go ahead as planned owing to the prevailing economic conditions in the region,...

 Staff Reporter MUSCAT Fitch Ratings has affirmed the sovereign’s Long Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at ‘BBB’. The issue ratings on Oman’s senior unsecured...

 Staff Reporter MUSCAT Islamic banks in the Sultanate will show stronger growth this year though their peers in the Gulf region will see a fall in...

SEOUL Tech giant Samsung Electronics plans to hold a launch event in New York City for its next Galaxy Note smartphone in the second half...

LONDON Oil prices fell to seven-month lows on Tuesday after news of increases in supply by several key producers, a trend that has undermined attempts...

BENGALURU Tesla is close to an agreement to produce its electric cars in China for the first time and gain better access to the world’s...

NEW DELHI India on Tuesday said it would sign future long-term liquefied natural gas (LNG) purchase deals with Qatar if only Doha agrees to acquire...