The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.
NEW YORK / Bloomberg If the U.S. enters a recession this year, it may end …
Read More »Next USA recession may not be a biggie, but could be tardy
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Ex-prez Lula under probe in Brazil Carwash case
Rio De Janeiro /Bloomberg A letter from the prosecutor-general’s office made public on Monday confirms …
Read More »Argentina eyes $15bn bond sale
Buenos Aires / Bloomberg Argentina’s deal to put a bitter 15-year creditor saga behind it …
Read More »Pemex halts deepwater projects to stem losses
Bloomberg Mexico’s state-owned oil company is taking deepwater development off its plate for now. Driven …
Read More »Sugar-cane fuel wins in Brazil as cheap ethanol beats gasoline
BLOOMBERG Brazil’s economic and political crises are proving to be a boon to one of …
Read More »Banks must respond promptly to changes in working capital needs
Bloomberg With liquidity in the Gulf Cooperation Council (GCC) region falling and economic growth cooling, …
Read More »Deutsche Bank buys back $740mn of dollar bonds
Frankfurt / AFP Deutsche Bank has announced further results of the bond buyback scheme aimed …
Read More »Barclays loss ups, to sell African bank unit stake
London / Bloomberg British bank Barclays on Tuesday said net losses more than doubled last …
Read More »Maybank’s investment banking head leaves
Kuala Lumpur / Bloomberg Giles Ong, Malayan Banking Bhd.’s head of Asia investment banking, is …
Read More »BOE defies EU on bonus cap for smaller firms
London / Bloomberg The Bank of England (BOE) defied European Union regulators by retaining a …
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