Tuesday, May 23, 2017
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 Staff reporter MUSCAT Australia-based Alara Resources, which is into a partnership with Al Hadeeta Investment Services for copper and gold mining in the Sultanate, is to...

SAN FRANCISCO Microsoft said on Tuesday it posted a profit of $3.1 billion in the just-ended quarter, swinging into the black a year after hefty...

WASHINGTON The International Monetary Fund (IMF) late on Tuesday slashed its forecast for global economic growth as Britain’s surprise vote to leave the European Union...

MUSCAT Muscat Securities Market (MSM) general index on Wednesday lost 22.5 points, a decline of 0.38 per cent to close at 5,816.82 points compared to...

MUMBAI State Bank of India (SBI), the country’s largest bank, and Canada’s Brookfield Asset Management have set up a joint venture (JV) with initial commitment...

NEW DELHI Goods and Services Tax (GST), which aims to simplify indirect tax regime, will be a ‘game-changer’ for the country and its implementation is...

DUBAI Barclays has begun a formal process to sell its Egyptian unit, with at least two banks from the Middle East and North Africa region...

FRANKFURT Volkswagen said on Wednesday its first-half operating profit beat expectations, helped by cost cutting at its core VW brand and rising European car sales,...

SHANGHAI General Electric on Wednesday said it would partner with Huawei Technologies to develop smart machines designed to boost productivity, part of a drive to...

LONDON Britain’s jobless rate fell in May to its lowest level since 2005 as the labour market strengthened in the run-up to last month’s vote...