Reuters Oman has chosen five banks to arrange the sultanate’s first international bond issue in almost 20 years, sources aware of the matter said on Thursday. The upcoming US dollar-denominated issue comes as Oman, like other Gulf states, looks to tap international bond markets to shore up state finances pressured by low oil prices. Oman has chosen Citi, JP ...

  Bloomberg Purchases of previously owned U.S. homes rose more than projected in March, indicating resilience in demand heading into the spring selling season. Contract closings climbed 5.1 percent to a 5.33 million annualized rate from February’s 5.07 million, figures from the National Association of Realtors showed Wednesday in Washington. The median forecast of 75 economists in a Bloomberg survey ...

  Bloomberg A Chinese-led group agreed to buy Australia’s most iconic cattle company in a deal valued at more than A$370 million ($288 million) after partnering with local investors. The venture, headed by a company controlled by Shanghai Pengxin Group, will purchase 80 percent of S. Kidman & Co., according to a statement to the Shenzhen Stock Exchange. Australian Rural ...