The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.
Bloomberg National Australia Bank Ltd.’s (NAB) full-year profit beat forecasts as the lender continued to …
Read More »NAB full-year profit tops estimates on broad rebound
Masonry Layout
Global bond rally drags 30-year US yield to lowest since July
Bloomberg Bonds rallied from Europe to the US, with 30-year Treasury yields falling to the …
Read More »Tesla erases $199b in worst two-day rout in 14 months
Bloomberg Tesla Inc lost about $199 billion in value during its biggest back-to-back selloff since …
Read More »SoftBank shares soar on plans for buyback of up to $9 billion
Bloomberg SoftBank Group Corp. shares surged as much as 10% after the company said it …
Read More »Mark Mobius bets on ‘50-year rally’ in Indian stocks as China slows
Bloomberg Veteran investor Mark Mobius has allocated almost half of his emerging-markets fund to India …
Read More »Investcorp builds $1.16 billion European real estate portfolio
MANAMA / WAM Investcorp, a Bahrain-based asset manager which counts Mubadala Investment Company as its …
Read More »Bouygues in talks to buy Engie’s Equans for $8.2b
Bloomberg French energy giant Engie SA entered exclusive talks to sell its services unit Equans …
Read More »Lagarde faces widening split at ECB over EU’s inflation path
Bloomberg A rift is opening at the European Central Bank (ECB) over how rapidly monetary …
Read More »Biggest Kenyan bank’s 9-month profit rises 78%
Bloomberg Equity Group Holdings Plc’s profit soared in the first nine months of the year …
Read More »India’s banks must turn to markets for funds: Minister
Bloomberg India’s banks need to raise funds from markets for their growth rather than depend …
Read More »