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SEOUL/ SINGAPORE Samsung Electronics Co. plans to launch a programme to sell refurbished used versions of its premium smartphones as early as next year, a...

WASHINGTON The Federal Reserve is close to hitting its targets for full employment and 2 per cent inflation, the Fed’s No. 2 policymaker said late...

FRANKFURT German auto giant Volkswagen (VW) said on Monday it would halt production at six plants for several days as a legal dispute with two...

NEW YORK Despite banks’ nudging toward online tools, many US customers are not ready to give up regular visits to their nearest branch, complicating...

TOKYO Japan’s Renesas Electronics Corp. is in the final stages of negotiations to acquire US chipmaker Intersil Corp. for as much as 300 billion yen...

NEW YORK US pharmaceutical giant Pfizer is nearing a deal to buy US biotech firm Medivation, which specialises in cancer treatments, for nearly $14 billion,...

 Staff reporter MUSCAT The Middle East and North Africa (Mena) region witnessed six IPOs in the second quarter of 2016, collectively raising $397.2 million, a 40...

LONDON/LAGOS Oil companies and even Nigerian officials are losing faith in a deal anytime soon with militants who have slashed the nation’s oil output, casting...

 Staff reporter MUSCAT A technical issue saw trade on the Muscat Securities Market (MSM) getting held up for some time on Sunday. Brokers could not connect...

NEW YORK US drillers last week added oil rigs for an eighth consecutive week, the longest recovery streak in the rig count in over two...