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Muscat
Sunday, September 24, 2017
Tags Markets

Tag: markets

Facebook quest beyond ads should top itinerary

NEW YORK - It’s time for Facebook to start looking beyond Madison Avenue. The social network beat profit estimates in the latest quarter as more brands...

Toshiba estimates bigger loss for past year on Westinghouse lawsuits

Toshiba Corp said on Friday it now estimates a bigger loss for the past year ended in March due to potential legal damages over...

Tesla moves a step closer to building electric cars in China

Tesla Inc took a step closer toward establishing an electric vehicle manufacturing plant in Chinawith its announcement on Thursday that it is in exploratory...

Duterte gets pledge from AirAsia CEO Tony Fernandes to beef up...

President Rodrigo got a pledge from AirAsia CEO Tony Fernandes to expand operations in the Philippines in a show of faith and trust in...

Philippine central bank keeps policy rate unchanged, as expected

The Philippine central bank left its key overnight borrowing rate steady at 3.0 percent on Thursday, as expected, with inflation seen within its target...

Banks, oil stocks weigh on Wall St., keep Dow from 20,000

The Dow Jones Industrial Average declined on Monday, retreating from the historic 20,000 mark, weighed down by banks and energy companies, while a gain...

Bitcoin extends losses, slides another 12 percent on China warning

Bitcoin plunged another 12 percent on Friday after China's central bank urged investors to take a rational approach to the digital currency, which has...

Dollar retreats from 14-year high, Swedish crown has best day in...

The dollar took a breather on Wednesday after reaching a 14-year high the previous day, while the Swedish crown chalked up its biggest rise...

‘Trumpflation’ trade keeps dollar near 14-year highs

The dollar steadied close to its highest levels in 14 years on Monday, underpinned by expectations that a fiscal expansion planned by U.S. President-elect...

World stocks hold near 16-month highs after strong week

World stocks were set for a weekly gain and held near 16-month highs on Friday, while the euro steadied after swings following the European...

Oil up in choppy trade as OPEC makes last-ditch bid to...

Oil prices gained more than 2 percent on Monday in volatile trading after falling as much as 2 percent, recouping losses as the market...

U.S. opens door to oil exports after year of pressure

The Obama administration on Tuesday bowed to months of growing pressure over a 40-year-old ban on exports of most domestic crude, taking two steps...