The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.
Bloomberg The end-of-month rebound in global equities faded as investors assessed a scaled-back fiscal stimulus …
Read More »European stocks decline with US futures; pound advances
Masonry Layout
Penny stock’s 1,500% jump fuelled by Reddit left CEO dumbfounded
Bloomberg A meteoric rally in an Australian penny stock is fast unravelling after confounding not …
Read More »India’s benchmark equity index fluctuates
Bloomberg India’s benchmark equity index swung between gains and losses as banks and telecom stocks …
Read More »Oil fluctuates on doubts over demand prospects
Bloomberg Oil has wavered on growing doubts over demand prospects with more potential lockdown measures …
Read More »Devon Energy to acquire WPX for $2.56bn
Bloomberg Devon Energy Corp agreed to acquire WPX Energy Inc in a $2.56 billion all-stock …
Read More »FAA’s chief to fly 737 Max as agency approval nears
Bloomberg The top US aviation regulator plans to test-fly Boeing Co’s grounded 737 Max in …
Read More »Delta sees $2.5b charge on plane retirements
Bloomberg Delta Air Lines Inc warned it would take a pretax accounting charge of $2 …
Read More »American Air receives $5.48b Treasury loan in upsized deal
Bloomberg American Airlines Group Inc closed a $5.48 billion loan with the US Treasury, increasing …
Read More »Used-clothing platform Poshmark files for IPO 
Bloomberg Poshmark Inc, an online resale marketplace for second-hand clothing, said it has filed confidentially …
Read More »Neiman leaves bankruptcy with less debt to face turmoil
Bloomberg Neiman Marcus has officially come out of bankruptcy, a process that left the upscale …
Read More »