London / AFP Energy giant Royal Dutch Shell on Wednesday said it was cutting …
Read More »Masonry Layout
La Nina weather change may boost Britain’s power price, curb wind
Bloomberg Electricity prices in Britain may rise this winter as the El Nino weather …
Read More »Pound may lose reserve currency status on Brexit, warns S&P
Bloomberg A Brexit wouldn’t just weaken the pound — it would jeopardize its status …
Read More »Hungary for clarity on Russian sanctions
AP The EU’s decision on whether to extend economic sanctions against Russia for its …
Read More »London’s City finance centre braces for possible Brexit
London/ AFP With one month to go before Britain’s vital in-out EU referendum, London’s …
Read More »China plans to ask US on timing of Fed interest rate hike in June
Bloomberg Chinese officials plan to ask their American counterparts in annual talks next month …
Read More »Brazil records first current account surplus since 2009
Bloomberg Brazil recorded an unexpected current account surplus last month, the first since April …
Read More »Oil extends gains near $50 as US crude stockpiles seen falling, easing glut
Bloomberg Oil extended its advance to near $50 a barrel as weekly U.S. industry …
Read More »Argentina loans tripled on holdout resolution
Bloomberg The World Bank’s International Finance Corporation is more than tripling its investment in …
Read More »Exxon, Chevron oppose environmental drive to cut big oil’s reach
Bloomberg Climate activists seeking to pull investors into their camp are pushing Exxon Mobil Corp. …
Read More »
The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.