The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.
BLOOMBERG A gauge of New York state manufacturing activity slumped in May by the most …
Read More »New York manufacturing index plunges most since April 2020
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EU raises euro zone inflation outlook on surge in core prices
BLOOMBERG The European Commission raised its euro-zone inflation outlook and warned of “persistent challenges†even …
Read More »UBS sees $34.8b gain on Credit Suisse, warns on markdowns
BLOOMBERG UBS Group AG is gearing up for an estimated $34.8 billion gain as a …
Read More »SNB says 1,000-franc bills account for half of all Swiss cash
BLOOMBERGÂ More than half of all Swiss cash in circulation, almost 50 billion francs ($56 …
Read More »Deutsche Bank seeks 40% cut to Frankfurt offices on remote work
BLOOMBERGÂ Deutsche Bank AG is seeking to cut office space by 40% at its key …
Read More »RBI to consider dividend payout on May 19
BLOOMBERG The Reserve Bank of India’s (RBI) board will meet on May 19, when it …
Read More »Australia’s central bank fretted over inflation risks
BLOOMBERG Australia’s central bank weighed the risk of upside surprises to inflation from a tight …
Read More »Japan’s megabanks resist buybacks after predicting bumper profit
BLOOMBERG Japan’s biggest banks are predicting their highest profits in years, though a cautious outlook …
Read More »Goldman Sachs cuts Adani group stakes from its ESG funds
BLOOMBERG The investment arm of Goldman Sachs Group Inc dramatically reduced its exposure to the …
Read More »US futures advance as debt talks keep traders on edge
BLOOMBERG Markets pointed to a recovery from a selloff on Wall Street as traders pinned …
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