The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.
Bloomberg Iran’s central bank, acting on the eve of US sanctions, scrapped most currency controls …
Read More »Sanctions threat forces Iran to end effort to support rial
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HSBC’s equities unit worst among banks amid surge for rivals
Bloomberg HSBC Holdings Plc posted one of the worst equities-trading revenue performances among global banks …
Read More »Absa sees improvement in profit measure this year
Bloomberg Absa Group Ltd. forecast that its return on equity, a measure of profit, will …
Read More »Romania leaves rates unchanged
Bloomberg Romania unexpectedly left borrowing costs unchanged, looking past the European Union’s fastest inflation as …
Read More »Goldman mulls custody offering for crypto funds
Bloomberg Goldman Sachs Group Inc. could offer a boost for the burgeoning universe of funds …
Read More »Social Finance reports second-quarter loss of $200mn
Bloomberg Writedowns of underperforming loans drove Social Finance Inc. (SoFi) to a second-quarter adjusted loss …
Read More »Power prices slip below zero as green energy floods grid
Bloomberg Bright and breezy days are becoming a deeper nightmare for utilities struggling to earn …
Read More »GCL-poly shares tumble as $1.9bn unit sale collapses
Bloomberg China’s GCL-Poly Energy Holdings Ltd. sank to the lowest level in more than nine …
Read More »US considers oil sanction waivers as new Iran penalties start
Bloomberg The Trump administration will consider partial exemptions from oil sanctions against Iran for some …
Read More »House of Fraser seeks funds as China rescuer pulls out
Bloomberg House of Fraser Ltd. needs a new lifeline after a Chinese retailer pulled its …
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