Business

Zurich: UBS Group is trimming some positions at the investment bank as part of a plan to reduce costs across the business in response to a revenue slump,...

London: The heads of 15 major international companies, including GE, Cisco, Mars, EMC, Airbus, and former New York Mayor Michael Bloomberg, have signed a...

Amman: Iraq has reached a $5.4 billion standby agreement with the International Monetary Fund (IMF) that could unlock $15 billion more in international...

Dubai: Saudi Arabia is preparing to sell its first bonds in the international capital markets as it seeks foreign financing to plug its budget deficit. The...

Mumbai: HSBC Holdings plans to shut almost half its branches in India and rely more on digital banking to expand its consumer business in the South Asian...

Muscat: Yusuf bin Alawi bin Abdullah, Minister Responsible for Foreign Affairs, affirmed that the constant efforts being exerted by the Sultanate in...

Muscat: Oman police has sought public cooperation to find a missing person in Sur. "His name is Said Salim Al Amri. The person is mentally ill. Those...

Muscat: A shareholders’ agreement was signed between Germany-based Bauer Resources, Synergy Petroleum International and Oman National Investments...

Mumbai: India’s rupee fell for a sixth day, the longest losing run since August, amid speculation the Federal Reserve will raise interest rates as early...

Riyadh: Saudi Arabia is considering using IOUs (I-owe-you) to pay outstanding bills with contractors and conserve cash, according to people briefed on the...