The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.
Trading in the global foreign-exchange market jumped to an all-time high amid heightened volatility, according …
Read More »Global currency trading soars to $7.5 trillion a day, says BIS
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Indian carmaker beats profit forecast as supply woes ease
Maruti Suzuki India Ltd., India’s biggest carmaker, reported a higher-than-expected quarterly profit, aided by a …
Read More »Musk takes Twitter helm after closing $44 billion deal
Elon Musk wasted no time taking complete control of Twitter Inc. The billionaire appointed himself …
Read More »Appliance maker Electrolux to cut 8% of 50,000 staff
A slump in demand for household appliances has prompted Swedish manufacturer Electrolux AB to scale …
Read More »Scotiabank cuts Asia capital-markets jobs in shift to Americas
Bank of Nova Scotia’s capital-markets unit is cutting some jobs in Asia and offering other …
Read More »Lufthansa sees strong quarterly bookings despite inflation woes
Deutsche Lufthansa AG predicted demand for travel will remain strong in coming months as the …
Read More »China Southern cancels planned return of two Boeing 737 MAX flights
China Southern Airlines Co. cancelled two scheduled flights that would have used Boeing Co.’s 737 …
Read More »Cathay Pacific to restore some flights using Russian airspace
Cathay Pacific Airways Ltd. will restart using Russian airspace several months after Moscow’s war in …
Read More »ArcelorMittal, BHP to capture carbon at Belgian steel plant
ArcelorMittal and BHP Group will test a full-scale carbon capture operation in Belgium, in the …
Read More »Renewables need $1.3trn per year for climate goals by 2030
Investment in renewable energy will need to hit $1.3 trillion a year by 2030 for …
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