The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.
SHARJAH / WAM With its annual membership packages, the House of Wisdom (HoW) created a …
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Foodco wins prestigious ‘Product of the Year’ award in UAE
DUBAI / IBRAHIM ELDESOUKIE Foodco National Foodstuff, one of the leading local food companies, has …
Read More »Americanas proposes steep losses for creditors in debt plan
BLOOMBERG Americanas SA, the embattled Brazilian retailer, proposed a plan to restructure its 42.3 billion …
Read More »Cathay Pacific in talks to add 50 of Airbus’ A320neo-type aircraft
BLOOMBERG Cathay Pacific Airways is in talks with aircraft lessors as it seeks to source …
Read More »Walmart cuts staffing levels at some of its US warehouses
BLOOMBERG Walmart Inc is cutting staffing levels at some e-commerce fulfillment centres in the US …
Read More »Bombardier climbs as its CEO sees faster growth, lower debt
BLOOMBERG When Eric Martel returned to Bombardier Inc in the spring of 2020, the company …
Read More »Credit Suisse takeover hands Swiss business big headache
BLOOMBERG UBS Group AG’s emergency buyout of Credit Suisse Group AG threatens to drastically shrink …
Read More »BofA trims staff in banking, lending
BLOOMBERG Bank of America Corp (BofA) is trimming its wealth-management, banking and lending group as …
Read More »Deutsche Bank settles $1.6bn US lawsuit
BLOOMBERG Deutsche Bank AG is settling a US lawsuit it filed against a pair of …
Read More »Philippines may pause rate hike cycle in May
BLOOMBERG The Bangko Sentral ng Pilipinas (BSP) has done enough to address inflation and could …
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