The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.
Bloomberg J.C. Penney Co. plans to shutter as many as 140 stores and trim …
Read More »JCPenney to close up to 140 stores
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Wal-Mart’s bid to challenge Amazon helped by online surge
Bloomberg After years of Amazon.com Inc. drubbing Wal-Mart Stores Inc. in e-commerce, the brick-and-mortar …
Read More »StanChat drops after 2016 profit misses estimates
Bloomberg Standard Chartered Plc posted annual profit that missed analyst estimates as the bank …
Read More »CIBC climbs after profit tops estimates
Bloomberg Canadian Imperial Bank of Commerce climbed in Toronto trading after posting fiscal first-quarter …
Read More »US regulators probing Citi’s foreign hiring practices
Bloomberg Citigroup Inc. said U.S. authorities including the Securities and Exchange Commission are investigating …
Read More »Bank Muscat raising $500mn syndicated loan
Reuters Bank Muscat, Oman’s largest bank by assets, is raising $500 million through a …
Read More »RBC reviews Asia wealth business after changes
Bloomberg Royal Bank of Canada (RBC) has undertaken a strategic review of its Asian wealth …
Read More »Commercial Bank of Qatar misses forecasts
Reuters Commercial Bank of Qatar (CBQ), the Gulf Arab state’s third-largest lender by assets, …
Read More »Alphabet’s Waymo alleges ‘Uber stole self-driving secrets’
Bloomberg It took Alphabet Inc.’s Waymo seven years to design and build a laser-scanning …
Read More »Twitter, Snapchat probed as FB alters user terms
Bloomberg French fraud watchdogs are investigating potential abusive clauses in the terms and conditions …
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