The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.
Bloomberg Oil posted its biggest monthly advance on record, just a few weeks after prices …
Read More »Oil faces demand uncertainty after record rebound from crash
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UAE, Germany to enhance cooperation on all fronts
ABU DHABI-BERLIN / WAM As part of ongoing efforts to elevate UAE-German ties, Dr Sultan …
Read More »China bank no longer considers fossil fuels ‘green’
Bloomberg Fossil fuels are no longer considered “green†by China’s central bank. The People’s Bank …
Read More »Occidental cuts dividend over rising debt woes
Bloomberg Occidental Petroleum Corp cut its quarterly dividend by 91% to the lowest since at …
Read More »Germany reaches EU deal on $9.9b Lufthansa bailout
Bloomberg The German government settled a dispute with the European Commission over a 9 billion-euro …
Read More »Southwest sees ‘brutal low-fare’ pressure soon
Bloomberg Southwest Airlines Co CEO Gary Kelly predicted that intense competition for passengers will create …
Read More »SAA bankruptcy team submits rescue plan
Bloomberg South African Airways’ bankruptcy administrators submitted a business rescue plan to the government, creditors …
Read More »Walmart partners with secondhand apparel site
Bloomberg Walmart Inc is jumping into the fast-growing resale clothing market to give its apparel …
Read More »Green climate tech key to Covid-19 recovery plans
Bloomberg In the wake of the historic global economic shutdown in response to the Covid-19 …
Read More »Zoom Video jumps to record with market cap now above $50 billion
Bloomberg Zoom Video Communications Inc. soared to a record with a rally in the last …
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