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FRANKFURT Volkswagen (VW) is planning further acquisitions in the market for new transportation technologies and services, a leading manager at the German carmaker said, as...

MADRID Will they or won’t they? The debate over whether the US Federal Reserve is readying an interest rate hike will get its umpteenth airing...

TOKYO The Bank of Japan (BOJ) will not rule out deepening a cut to negative rates it introduced in February, the Sankei newspaper quoted Governor...

NEW YORK Oil prices could set new highs for 2016 over the next four to six weeks if Brent crosses the $50-a-barrel threshold and US...

 Staff reporter MUSCAT Al Omaniya Financial Services has decided not to go ahead with its plan of acquiring the operation of the Diners Club credit card...

TEHERAN Iran’s crude oil ex-ports in July were more than 2.1 million barrels per day, the oil ministry’s news agency Shana cited a senior Iranian...

BENGALURU Cisco Systems is laying off about 14,000 employees, representing nearly 20 per cent of the network equipment maker’s global workforce, technology news site CRN...

DOHA Qatar’s central bank sold 4.6 billion Qatari rials ($1.26 billion) of conventional and Sukuks on Tuesday in its first domestic government bond offer this...

MUMBAI Ola, India’s largest taxi aggregator, has shut down its TaxiForSure (TFS) business and has laid off 700 employees in the process, as it looks...

MUMBAI The share of palm oil in India’s growing edible oil imports is likely to plunge to a record low this marketing year as a...