The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.
Bloomberg Two of the US’s biggest airlines are warning workers that the unprecedented loss of …
Read More »United, Delta signal longer-term job cuts
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Lufthansa seeks German wage support
Bloomberg Deutsche Lufthansa AG has applied for German subsidies to offset wages of some 31,000 …
Read More »Airlines raise more than $17b from banks in weeks
Bloomberg Airlines worldwide raised more than $17 billion in bank loans in March to shore …
Read More »Covid-19: Amazon closes US apparel returns warehouse
Bloomberg Amazon.com Inc has extended the shuttering of a warehouse dedicated to returning apparel after …
Read More »Lululemon slips over ‘forecast’
Bloomberg Lululemon Athletica Inc reported an acceleration of sales growth in the latest quarter, but …
Read More »Oil market broken as virus ravages global economy
Bloomberg The global oil market is broken, overwhelmed by an unmanageable surplus as virus lockdowns …
Read More »Saudi extends suspension of work, flights
RIYADH / WAM The Kingdom of Saudi Arabia announced on Sunday that it will extend …
Read More »Pipelines ask US oil drillers to curb output as tanks fill up
Bloomberg American pipeline operators have begun asking oil producers to voluntarily ratchet back their output …
Read More »Buffett-backed BYD to supply electric car parts to rivals
Bloomberg BYD Co, the Chinese electric-vehicle maker backed by Warren Buffett, will start offering a …
Read More »Russia’s Rosneft sells Venezuelan assets
Bloomberg Russian oil giant Rosneft PJSC sold its assets in Venezuela to the Russian government, …
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