The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.
Bloomberg Neiman Marcus Group Inc, the luxury retailer that’s been struggling to ease its $4.3 …
Read More »Neiman Marcus considering bankruptcy to ease debt load
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Boeing temporarily halts work at Seattle-area factories
Bloomberg Boeing Co is shutting down its Seattle-area manufacturing hub for two weeks after a …
Read More »US airlines are planning for passenger flights shutdown
Bloomberg US airlines are drafting plans for a potential voluntary shutdown of virtually all passenger …
Read More »Modell’s Sporting Goods halts liquidation
Bloomberg Modell’s Sporting Goods halted its going-out-of-business sales as customers shelter at home and states …
Read More »Oil slides towards 2003 low as demand plunges
Bloomberg Oil dropped towards the lowest level since 2003 as demand plunged as governments froze …
Read More »Africa needs $100 billion stimulus to combat virus
Bloomberg Africa needs an immediate emergency economic stimulus of $100 billion to combat the impact …
Read More »UK economy could shrink 10% in H1
Bloomberg The UK economy will contract at least 10% in the first half of the …
Read More »Coal is now world’s most expensive fossil fuel
Bloomberg Coal, the dirtiest and usually the cheapest option for energy, is now the world’s …
Read More »Fewer refineries able to get waivers under Trump plan
Bloomberg The Trump administration doesn’t plan to challenge a federal court ruling that dramatically curbs …
Read More »Global stocks decline with US futures; bonds advance
Bloomberg Stocks dropped globally along with American futures while credit markets sagged after the coronavirus …
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