The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.
Bloomberg When European regulators created a new type of bank debt, the idea was to …
Read More »Deutsche Bank CoCo holders face brunt of risk
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Home prices up in USA metro areas
Bloomberg Home prices rose in 81 percent of U.S. metropolitan areas in the fourth quarter, …
Read More »Damac profits fall in the final quarter of 2015
Manhattan / Bloomberg Dubai’s Damac Properties reported a 12 per cent fall in fourth-quarter net …
Read More »Metro sales up in Q1
Berlin / AFP German retail giant Metro said on Thursday that profits rose strongly in …
Read More »Private-plane purchases drop as commodities market shakes
Bloomberg Spending on business aircraft fell 3.1 percent last year as a commodities downturn crimped …
Read More »Whole Foods forecasts key sales could slip for year
AUSTIN/ AP Whole Foods says its sales at established locations slipped in its fiscal first …
Read More »Tesla’s 4Q net loss doubles but shares up
DETROIT / AP Tesla Motors posted its 11th straight quarterly loss, and its results badly …
Read More »Boeing to cut jobs in commercial aircraft biz
Bloomberg Boeing Co. plans to cut jobs in its commercial airplane division, the company’s largest …
Read More »German vegan retailer Veganz eyes IPO in 2018
AFP The Berlin-based vegan food retailer Veganz is looking to treble sales this year and …
Read More »Adidas optimistic for year after beating 2015 targets
AFP Adidas said on Thursday that it performed better than expected in 2015 and is …
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