The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.
Bloomberg LVMH fell slightly short of the high bar the world’s biggest luxury company …
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Adidas issues profit warning as sales suffer
Bloomberg Adidas AG issued a profit warning after its sales were hit by lockdowns …
Read More »Deutsche Bank warns of costs as inflation headwinds build
Bloomberg Deutsche Bank AG scrapped an efficiency target for the year and warned a …
Read More »Credit Suisse sees $1.6b loss in blow to recovery
Bloomberg Credit Suisse Group AG posted its third straight quarterly loss after investment banking …
Read More »S Korea probes $3.4b of crypto-linked FX deals
Bloomberg South Korea’s Financial Supervisory Service (FSS) is probing $3.4 billion worth of “abnormal†…
Read More »UniCredit Q2 net profit climbs
Bloomberg UniCredit SpA posted second-quarter profit that almost doubled analyst expectations, prompting the lender …
Read More »Westpac plans to slash lending to oil, gas firms
Bloomberg Westpac Banking Corp will slash oil and gas as well as cement industry …
Read More »Alibaba primary listing may lure $16 billion from China
Bloomberg Alibaba Group Holding Ltd may attract at least $16 billion of Chinese money by …
Read More »US futures advance on earnings amid countdown to Fed
Bloomberg Stocks and US equity futures rallied on Wednesday as a batch of resilient …
Read More »Walmart tumbles as discounts spur new cut to profit forecast
Bloomberg Walmart Inc cut its profit outlook again in a surprise warning weeks ahead …
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