Business

  • Friday, 14 June, 2013

    USA Today publisher Gannett Co announced yesterday it was buying Belo Corp and its 20 television stations for $ 2.2 billion, its latest step towards becoming a "diversified multi-media company." Gannett, which has its own group of 23 local television stations and newspapers around the United States,

  • Friday, 14 June, 2013

    BEIJING — The World Bank has slashed its growth forecast for China's economy this year to 7.7 per cent from 8.4 per cent, warning of a potential "sharp" slowdown triggered by a fall in investment. The projection is lower than the 7.8 per cent expansion the country recorded in 2012, which was its wea

  • Friday, 14 June, 2013

    NEW DELHI — India may further raise caps on foreign direct investment to spur more inflows of funds, as part of efforts to kickstart the sluggish economy before next year's general elections, the finance minister said yesterday. Finance Minister P Chidambaram also appealed for calm over the rupee,

  • Thursday, 13 June, 2013

    By A Staff Reporter — MUSCAT — Oman’s economic outlook for 2013 remains strong, the International Monetary Fund (IMF) said in a statement issued here yesterday. But the world body underlined the importance of, among other things, a dynamic private sector, strong non-oil sector, and a greater role f

  • Thursday, 13 June, 2013

    MUSCAT — Zubair Telecommunications and Services is committed to achieving ambitious targets for placing greater numbers of Omanis in skilled and specialised careers, and this week the company reached a new milestone of 100 per cent Omanisation within its Technical Department Team. Technicians at Zub

  • Thursday, 13 June, 2013

    MUSCAT — OCS Infotech, a leading end-to-end IT solutions provider and Microsoft Silver certified partner, in collaboration with Microsoft, organised an event to showcase Microsoft solutions for Business Intelligence and Collaboration. Microsoft showcased their latest offering, “Microsoft Parallel Da

  • Wednesday, 12 June, 2013

    By A Staff Reporter — MUSCAT — The Public Authority for Investment Promotion and Export Development (PAIPED) has targeted India’s thriving economy as part of its strategic vision to develop new partnerships and attract inward investment from the subcontinent. Focusing automotive, plastics, pharmaceu

  • Thursday, 13 June, 2013

    MUSCAT — Al Yusr, Oman Arab Bank’s Islamic Banking window, held its inaugural Sharia Supervisory Board meeting, where its Sharia Supervisory Board approved the products and policy manuals developed by Al Yusr to launch its Islamic Banking services. The meeting, held at the InterContinental Hotel, Mu

  • Thursday, 13 June, 2013

    MUSCAT — One look at Ford’s rugged F-150 XLT and you will be left with no doubt about its capabilities. Since decades Ford has remained one of those few automotive companies known to manufacture excellent heavy vehicles. And this is no different. The Ford F-150 series has been the best-selling truck

  • Thursday, 13 June, 2013

    MUSCAT — From the dynamically sculpted front to the crispy sporty rear, the 2013 Nissan Sunny inspires a bold expression of refined driving experience. Interior comfort and stylish edge along with steady performance and handling, clearly defines the 2013 Nissan Sunny as a truly modern mode of urban