The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.
Bloomberg India’s central bank governor laid the ground for more interest rate cuts as he …
Read More »India’s central bank signals rate cuts as it boosts liquidity
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Banks in Denmark brace for Q2 losses
Bloomberg Banks in Denmark expect the Covid-19 crisis to hit them hard in the second …
Read More »BOK to provide loans to insurers, brokerages
Bloomberg The Bank of Korea (BOK) said it will offer loans to brokerages and insurers to …
Read More »BOE’s Bailey says banks need to get on with loans to companies
Bloomberg UK banks must get on with providing loans to small and medium-sized businesses to …
Read More »Fed set to disclose borrower information in crisis lending
Bloomberg The US central bank said it will disclose information regarding borrowers who seek emergency …
Read More »Wells Fargo adds top lobbyist to help revive image in DC
Bloomberg Wells Fargo & Co. has hired a new head lobbyist in Washington, as the …
Read More »South African Airways nears collapse with plan to fire staff
Bloomberg South African Airways (SAA) plans to lay off its entire 4,700-strong workforce after failing …
Read More »Virgin Australia gets $127mn lifeline offer from Queensland
Bloomberg Virgin Australia Holdings Ltd has been offered a A$200 million ($127 million) lifeline from …
Read More »GE scraps $6.9bn order for 737 Max in hit to Boeing
Bloomberg General Electric Co’s aircraft-leasing division scrapped orders for the 737 Max worth at least …
Read More »JC Penney creditors tussle in talks over need for bankruptcy
Bloomberg JC Penney Co, its stores shut and revenue all but extinguished by the pandemic, …
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