The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.
Hugo Boss AG raised its sales and profit outlook for the year after a strategy …
Read More »Hugo Boss raises its sales, profit outlook
Masonry Layout
HSBC, StanChart raise HK prime rates as borrowing costs surge
HSBC Holdings Plc and Standard Chartered Plc raised their main lending rates in Hong Kong …
Read More »Norges Bank slows pace of interest rate increases
Norway’s central bank slowed the pace of interest-rate increases amid signs the economy is cooling, …
Read More »SNB’s $143 billion loss in nine months casts doubt on government payout
The Swiss National Bank (SNB) reported a loss of 142.4 billion francs ($143 billion) for …
Read More »US banks spent $1bn on ransomware payments
US financial institutions reported nearly $1.2 billion on likely ransomware-related payments last year, most commonly …
Read More »Currency redesign deadline sparks rush to buy dollars in Nigeria
The naira slumped to a record low against the dollar on the widely used illegal …
Read More »European gas prices gain with focus on weather, tight supply
European natural gas advanced again with traders focusing on weather forecasts, while outages at key …
Read More »Profit at Adani’s flagship up 117% on rapid expansion
Adani Enterprises Ltd., the flagship firm for billionaire Gautam Adani’s conglomerate, posted an almost 117% …
Read More »Macron to make it easier to build nuclear reactors in France
President Emmanuel Macron wants to streamline rules to build new nuclear reactors faster as maintenance …
Read More »Barclays seeks to shut 97 firms that haven’t repaid Covid loans
Barclays Plc has asked UK courts to shutter nearly 100 businesses in recent months as …
Read More »