The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.
Bloomberg Profit at Volkswagen AG’s namesake brand crumbled 86 percent in the first quarter, …
Read More »VW emissions cheating hits profit at biggest brand
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Italian unemployment rate climbs back to highest since June
Bloomberg Italy’s unemployment rate rose more than estimated in April amid weakening business and …
Read More »German jobless queue shrinks to post-unification low
Frankfurt / AFP Unemployment in Germany fell to its lowest level since East and West …
Read More »OPEC’s cheap oil strategy lures drivers back into gas guzzlers
Bloomberg As OPEC ministers gather in Vienna, they may notice more sport utility vehicles …
Read More »Treasuries lose their lead over shares as Fed moves towards shift
Bloomberg Treasuries have lost their edge over stocks as the U.S. economy expands enough …
Read More »Chilean retail sales jump 7.9% on early onset of winter
Bloomberg Chilean retail sales rose at the fastest pace in two-and-a-half years in April …
Read More »Brazil’s April primary budget surplus exceeds all estimates
Bloomberg Brazil’s central government posted a higher-than-expected primary fiscal surplus in April due to …
Read More »Big airline LATAM suspends flights to Venezuela
Santiago, Chile / AFP Latin America’s biggest airline LATAM said it will suspend its flights …
Read More »Brazil Selic call raised for 1st time since December
Bloomberg Brazil economists raised their forecast for the benchmark interest rate at year-end following …
Read More »Trump’s energy plan would distort global market
Donald Trump gave a well-timed speech on Thursday, laying out his policies on energy. …
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