The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.
Bloomberg US airlines tumbled after Southwest Airlines Co. cut its forecast for an industry revenue …
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Amazon squeezes suppliers to curb losses in price wars
Bloomberg Amazon.com Inc., locked in a margin-crushing price war, is offloading costs onto suppliers and …
Read More »Petrofac wins India contract
LONDON / WAM UAE-based Petrofac, a leading service provider to the oil and gas production …
Read More »OPEC deal compliance hits record in Feb
LONDON / Reuters Compliance with a global deal to cut oil supply hit a new …
Read More »Stocks fluctuate, dollar drops ahead of Fed’s policy meeting
Bloomberg US stocks swung between gains and losses, the dollar weakened and Treasuries steadied as …
Read More »Blue-chips lift Saudi, Aldar, Emaar climb
Reuters Saudi Arabia’s stock market rose on Wednesday, lifted by its expected inclusion in the …
Read More »New shipping fuel regulations set to bring gains for top oil refiners
Bloomberg Ready the cash-printing machines — the world’s most sophisticated refineries are about to enjoy …
Read More »Kuwait plans $6.6bn industrial city
KUWAIT / Reuters Kuwait’s Public Authority for Industry (PAI) plans to set up a multi-purpose …
Read More »Nigeria’s Sahara revives IPO plan as it looks to pump more oil
Bloomberg Nigerian energy conglomerate Sahara Group Ltd. said it revived plans for a share-sale as …
Read More »Trading error erases $3 billion from Taiwan oil heavyweight
Bloomberg An avalanche of apparently mistaken orders at the close knocked Taiwan’s third-biggest stock down …
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