The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.
Bloomberg Thrasio, an acquirer of private label businesses on Amazon.com, has raised $260 million in …
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Wells Fargo slumps after first quarterly loss since 2008
Bloomberg Wells Fargo & Co. plummeted after reporting its first quarterly loss since 2008 as …
Read More »Citi sees bad loans piling up as bond trading offers relief
Bloomberg Citigroup Inc. set aside $7.9 billion for souring loans even as the bank’s revenue …
Read More »JPMorgan’s record trading helps ease pandemic’s toll
Bloomberg JPMorgan Chase & Co.’s results were one more marker of the disconnect between ebullient …
Read More »Philippines to keep easy policy over next two years
Bloomberg The Philippine central bank will likely keep policy accommodative over the next two years …
Read More »Low borrowing costs can’t save India shadow banks
Bloomberg India’s shadow banks are benefiting from a drop in borrowing costs after government stimulus …
Read More »Indonesian rupiah drops to 7-week low
Bloomberg The Indonesian rupiah slumped to a seven-week low as traders positioned for a policy …
Read More »Stocks climb on vaccine progress
Bloomberg Stocks and US equity futures rose, while the dollar weakened to a one-month low …
Read More »Japan exchange set to join Nikkei 225
Bloomberg Japan Exchange Group Inc. will join Japan’s Nikkei 225, becoming the index’s latest entrant …
Read More »Hillhouse to invest $1bn in Beigene’s share sale
Bloomberg Shares in Chinese biotechnology company Beigene Ltd. jumped the most in eight months after …
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