The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.
Nigeria plans to auction deep offshore oil and gas licenses for the first time in …
Read More »Nigeria to open bidding for deep offshore oil blocks
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UK banks park $1.5b to cover bad loans as recession looms
Some of the UK’s biggest high street banks are bracing themselves for trouble. Barclays Plc, …
Read More »Colombia’s central bank raises key interest rate to 21-year high
Colombia’s central bank ignored complaints from President Gustavo Petro and raised interest rates to the …
Read More »Porsche profit soars with 911 sales driving returns
Porsche AG’s surging income failed to impress investors as concerns over headwinds in the final …
Read More »Global currency trading soars to $7.5 trillion a day, says BIS
Trading in the global foreign-exchange market jumped to an all-time high amid heightened volatility, according …
Read More »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 …
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