The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.
Bloomberg Bank of America Corp (BofA) boosted Chief Executive Officer Brian Moynihan’s compensation 31% …
Read More »BofA CEO Moynihan gets a 31% raise to $32mn
Masonry Layout
Europe’s banks step up profit pledges as higher rates loom
Bloomberg As interest rates finally inch up, European banks are telling investors to expect …
Read More »China calls on banks to boost property lending
Bloomberg China called on banks to boost real estate lending in the first quarter …
Read More »Danske Bank cuts 60 jobs
Bloomberg Danske Bank A/S has cut 60 jobs as part of plans to reduce costs …
Read More »Czechs raise rates to highest in EU in one last big hike
Bloomberg The Czech central bank raised borrowing costs to the highest level in the …
Read More »Audi weighs green energy investment in China
Bloomberg Audi is considering investments in clean energy for sites in China where the …
Read More »Sony dealing with PlayStation 5 shortage by making more PS4s
Bloomberg Sony Group Corp will continue producing PlayStation 4 consoles throughout 2022 as it …
Read More »Toshiba to double chip output capacity by March 2025
Bloomberg Toshiba Corp will build a new 300-millimeter wafer fabrication plant for power semiconductors …
Read More »Ford moves to second in US EV sales
Bloomberg Ford Motor Co moved to second place in US electric-vehicle sales, behind Tesla …
Read More »Oil market getting stronger as prices power up to $93
Bloomberg Oil has rocketed to a fresh seven-year high near $93 a barrel, and …
Read More »