The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.
A slump in demand for household appliances has prompted Swedish manufacturer Electrolux AB to scale …
Read More »Appliance maker Electrolux to cut 8% of 50,000 staff
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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 …
Read More »South Africa, Indonesia get $1bn to close coal plants
South Africa and Indonesia will receive a combined $1 billion from the Climate Investment Funds …
Read More »France pledges $12bn to shield firms from soaring energy bills
The French government will spend 12 billion euros ($12 billion) to help small and mid-sized …
Read More »Europe running out of time to act on gas before winter
European ministers pulled off what one diplomat called a miracle in July when they took …
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