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 Staff reporter MUSCAT Al Hadeetha Resources, a 70:30 joint venture between the Australia-based Alara Resources and Al Hadeetha Investment Services which has successfully concluded its drilling...

 Staff reporter MUSCAT The Capital Market Authority represented by the Directorate General of Insurance Supervision will hold two training programmes in Salalah next week. The first is...

BOSTON/ SAN FRANCISCO Airlines will likely suffer more disruptions like the one that grounded about 2,000 Delta flights this week because major carriers have not...

BEIJING The International Monetary Fund (IMF) on Friday said China’s policymakers should shift away from economic growth targets for it to improve the quality of...

CHICAGO US retail sales were unexpectedly flat in July as Americans cut back on discretionary spending, pointing to a moderation in consumption that could temper...

TOKYO Japan’s financial watchdog estimates that negative interest rates under the Bank of Japan’s monetary easing policy will reduce profits for the country’s three big...

 Staff reporter MUSCAT The banking sector remained resilient despite the oil price decline and supported economic diversification initiatives and credit needs during the first half of...

NEW YORK Petrol and diesel stockpiles have swollen to record highs across the globe, leaving refiners and traders few places to dump excess supplies and...

WASHINGTON The US Energy In-formation Administration on Tuesday raised its 2016 world oil demand growth forecast by 10,000 barrels per day to 1.45 million bpd. In...

NEW YORK Oil equipment companies have a lot riding on the sputtering market recovery. During the next five years, the companies will have to pay off...