The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.
Bloomberg The Bank of England (BOE) cut interest rates to a record-low 0.1% and added 200 …
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Airlines want cash grants included in ‘$58b package’
Bloomberg US airlines are strenuously pushing the Trump administration and Congress for cash grants, arguing …
Read More »SAA halts international flights until end-May
Bloomberg South African Airways (SAA), the cash-strapped national airline, suspended all flights outside its home …
Read More »Walmart hires 150,000; aims to start parking lot virus testing
Bloomberg Walmart Inc is hiring 150,000 temporary workers to meet surging demand for everyday goods, …
Read More »Delta Air suspends dividend, share buybacks
Bloomberg Delta Air Lines Inc is suspending its dividend and share repurchase programme as US …
Read More »Coronavirus: Kenya Air’s CEO, staff to take pay cut
Bloomberg Kenya Airways Plc will cut salaries of executives and staff starting next month to …
Read More »Target boosts wages, delivers bonuses to rank-and-file
Bloomberg Target Corp is boosting hourly wages, expanding its paid-leave policy and delivering bonuses to …
Read More »Oil slumps to 18-year low as price war intensifies
Bloomberg Oil prices plunged below $24 a barrel for the first time in almost 18 …
Read More »European banks get $130bn, easing dollar stress from virus
Bloomberg European banks took $130 billion made available by the US Federal Reserve on Wednesday, …
Read More »Techint unit found payments of ‘concern’ in Eskom contract
Bloomberg Tenova SpA, a unit of the Italian billionaire Paolo Rocca’s Techint Group, has appointed …
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