The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.
Bloomberg Saudi Arabia, which recently pledged oil-supply increases to tame rallying crude prices, cut production …
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British Airways owner IAG hurt by ‘strikes’, US fare drop
Bloomberg British Airways owner IAG SA’s peak summer season is being spoiled by a combination …
Read More »Second-hand Airbus superjumbo bumped to discount sector
Bloomberg A second-hand Airbus SE superjumbo will fly for Norwegian Air Shuttle ASA later this …
Read More »Kellogg struggles to grow in US business even as earnings beat
Bloomberg Kellogg Co.’s home market remains a challenge. The company posted second-quarter sales and profit …
Read More »Synchrony’s Walmart loss puts Sam’s Club renewal in focus
Bloomberg Synchrony Financial lost out to Capital One Financial Corp. for a credit-card contract with …
Read More »Oil falls as trade war risks persist
Bloomberg Oil fell to the lowest in more than a week amid a surprise jump …
Read More »Emirates, Italy’s Trenitalia sign codeshare pact
DUBAI / Emirates Business Emirates and Trenitalia, Italy’s national railway company, on Wednesday announced a …
Read More »OPEC producer taps lenders for $1.1bn loan in shale push
Bloomberg Kuwait Foreign Petroleum Exploration Co. (Kufpec) is borrowing $1.1 billion to spend on oil …
Read More »Planned $500 billion Saudi Robotic City hosts cabinet meeting
Bloomberg Saudi Arabia’s King Salman held his first-ever cabinet meeting in Neom, a planned $500 …
Read More »CleanFund seals $103mn bond deal for renewables, water
Bloomberg A California-based clean-energy financing company closed a $103 million bond offering backed by commercial …
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