AFP The board of the World Bank has unanimously agreed to name Jim Yong …
Read More »Masonry Layout
RBS fined $1.1bn over pre-crisis mortgages
AFP Royal Bank of Scotland (RBS) on Wednesday said it had agreed a fine …
Read More »Deutsche Bank rises as CEO sells Abbey Life for €1.1bn
Bloomberg Deutsche Bank AG rose in Frankfurt trading after the German lender agreed to …
Read More »Commerzbank could trim around 9,000 jobs
AFP Germany’s second-largest lender Commerzbank could slash around a fifth of its staff in …
Read More »Wells Fargo CEO denied $41 million in compensation
Bloomberg Wells Fargo CEO John Stumpf will forgo $41 million in compensation, the bank’s …
Read More »Power outage grips S Australia
Agencies The entire state of South Australia lost electricity after severe winds and storms …
Read More »India raises coal sale cap to clear glut
Bloomberg India has more than doubled the amount of coal small and medium companies …
Read More »Takata airbag in deadly Malaysia crash was faulty, reveals Honda
Kuala Lumpur / AFP An airbag made by Takata — the Japanese firm at …
Read More »StanChart faces probe into ‘bribery’ in Indonesia
JAKARTA /Â AFP An Indonesian power company said on Wednesday it had removed its founders …
Read More »Uber starts food delivery in Japan after ride-share stumbles
TOKYO / AFP Uber, which has struggled to win Japan over to its ride-sharing …
Read More »
The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.