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LOS ANGELES The motorcycle of the future is so safe riders can cruise sans helmet -- all of the thrills with none of the danger...

PARIS The International Energy Agency says OPEC countries must swiftly deliver on promised cuts if they want a sustained increase in oil prices. In its monthly...

ISTANBUL Saudi Arabia’s state-run energy giant Saudi Aramco is optimistic 2018 will be the right time for its IPO in what will likely be the...

LONDON The dollar hit an 11-week high against a basket of major currencies on Tuesday as investors increased their bets on the US Federal Reserve...

 Staff reporter MUSCAT Al Hassan Engineering has won a 6.3-million-rial contract from Petroleum Development Oman to implement the Lekhwair/Fahud 24 main oil line upgradation. The company said...

NEW DELHI India may merge two large state banks in the coming fiscal year once a cleanup of bad assets has run its course, the...

SINGAPORE India’s Tata Communications is looking to set up two new centres in Malaysia and the Middle East for cloud data centres infrastructure, responding to...

NEW DELHI ONGC Videsh (OVL) will raise a bridge loan of close to $900 million overseas to fund acquisition of an additional 11 per cent...

NEW DELHI Fearing poor response, the government is likely to extend by at least one month the last date of bidding for the auction of...

NEW DELHI The Indian government on Tuesday came out with another set of draft rules, including for liquidation of insolvent corporate persons, under the Insolvency...