The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.
Bloomberg A global glut in natural gas is threatening to undermine a $4 billion investment …
Read More »World gas glut risks $4bn bet by Reliance’s Ambani
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South Africa at risk of power outages: Eskom
Bloomberg An acceleration in economic growth in South Africa could trigger power cuts, with state …
Read More »Alberta’s oil-output cuts extended as glut persists
Bloomberg Canada’s oil-rich province of Alberta is extending its output cuts by a year as …
Read More »Pipeline incident, weaker oil hits Rosneft profit
Bloomberg Rosneft PJSC’s second-quarter net income fell as the Russian giant suffered the effects of …
Read More »US futures, Europe stocks climb; Treasuries decline
Bloomberg US equity futures climbed with European stocks after a mixed session in Asia as …
Read More »Negative-yield debt in Japan not looked this good since 2008
Bloomberg Japan’s negative-yielding bonds were a surprise beneficiary of the collapse in global rates in …
Read More »As Wells Fargo seeks new CEO, toll on stock hits $24b
Bloomberg At Wells Fargo & Co.’s town hall meetings, executives have fielded countless questions from …
Read More »Norway’s $1 trillion wealth fund ends bet on higher rates
Bloomberg Norway’s $1 trillion wealth fund ended a long-running bet on higher interest rates as …
Read More »Goldman expects Fed to cut interest rates ‘twice’
Bloomberg Goldman Sachs Group Inc. economists predict Federal Reserve officials will cut interest rates at …
Read More »UK may delay naming next BOE head until after Brexit
Bloomberg The UK is considering delaying two key announcements in the latest sign that Prime …
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