The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.
Bloomberg Canadian Imperial Bank of Commerce is no longer an outlier on mortgages. CIBC has …
Read More »Canada’s CIBC reins in mortgage growth
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Wells Fargo cuts 22 jobs in currency trading
Bloomberg Wells Fargo & Co.’s foreign-exchange business cut 22 salespeople, according to a person briefed …
Read More »Kenya’s top buyer of banks looking ahead to profits
Bloomberg SBM Holdings Ltd., the Mauritius lender that bought two Kenyan banks within months of …
Read More »United Air board faces a long to-do list, from chairman to jets
Bloomberg United Continental Holdings Inc. directors face a series of momentous decisions as the board …
Read More »MH370 search in peril as Malaysia PM Mahathir cuts costs
Bloomberg The search for Malaysia Airlines Flight 370 is in peril once again as new …
Read More »Target’s online push pays off even as profit misses forecasts
Bloomberg Target Corp.’s online sales push paid off in the first quarter even as profit …
Read More »JC Penney seeks new chief as CEO exits
Bloomberg Big Texas-based department-store chain seeks new leader: must be willing to tackle sluggish sales, …
Read More »M&S faces up to past errors as food, clothing sales fall
Bloomberg Marks & Spencer Group Plc owned up to its mistakes, saying it needs to …
Read More »Central bank: M1 hits AED517.4bn
ABU DHABI / WAM The Central Bank announced that the Money Supply aggregate M1 increased 1.3 …
Read More »Mubadala to sell EMI Music stake to Sony in $1.9 billion agreement
Bloomberg Sony Corp. is buying EMI Music Publishing, getting its hands on a catalog of …
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