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    Oil rises on supply deficit forecast and storm in Gulf

    Oil rises on supply deficit forecast and storm in Gulf

    18 Sep 2020

    Oil prices rose for a fourth straight day on Friday as Goldman Sachs estimated the market is in deficit and a new storm started building in the Gulf of Mexico,...

    Asian maid arrested for stealing employer's gold items in Dubai

    Asian maid arrested for stealing employer's gold items in Dubai

    17 Sep 2020

    Sohaila Ahmed, Staff Reporter   A 38-year-old Asian maid was arrested and referred to criminal court for robbing her employer’s gold belongings.   Official records indicate that the defendant was working...

    Fiat Chrysler, PSA amend merger terms to conserve cash reserves

    Fiat Chrysler, PSA amend merger terms to conserve cash reserves

    15 Sep 2020

    Peugeot maker PSA and Fiat Chrysler Automobiles (FCA) have restructured the terms of their planned merger to conserve cash reserves, and also stepped up the promised levels of cost cutting...

    Asian shares buoyed by coronavirus vaccine hopes

    Asian shares buoyed by coronavirus vaccine hopes

    14 Sep 2020

    Asian shares firmed on Monday on renewed hopes for a coronavirus vaccine after AstraZeneca resumed its phase-3 trial though sentiment was still cautious ahead of a big week of central...

    Uber to use all electric vehicles

    Uber to use all electric vehicles

    12 Sep 2020

    Uber Technologies said every vehicle (EV) on its global ride-hailing platform will be electric by 2040, and it vowed to contribute $800 million through 2025 to help drivers switch to...

    Euronext in talks to buy Milan stock exchange

    Euronext in talks to buy Milan stock exchange

    11 Sep 2020

    Pan-European stock market operator Euronext said Friday it is in negotiations with the London Stock Exchange to buy the Milan stock market. Euronext -- which operates the exchanges of...

    The booming Bitcoin market in Africa

    The booming Bitcoin market in Africa

    08 Sep 2020

     Four months ago, Abolaji Odunjo made a fundamental change to his business selling mobile phones in a bustling street market in Lagos: He started paying his suppliers in Bitcoin ...

    Public-private partnership key to boosting UAE’s industrial progress

    Public-private partnership key to boosting UAE’s industrial progress

    07 Sep 2020

    Business Bureau, Gulf Today Dr Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology, held his first meeting with the members of the Industrial Coordination Council (ICC), outlining...

    Brazil, Mexico adopt different fiscal policies to combat virus

    Brazil, Mexico adopt different fiscal policies to combat virus

    06 Sep 2020

    The divergence between Latin America’s two largest economies, Brazil and Mexico, is widening as the region’s most prominent left- and right-wing leaders adopt stridently different fiscal responses to the COVID-19...

    UK extends easing of cash call rules to coronavirus-hit firms

    UK extends easing of cash call rules to coronavirus-hit firms

    04 Sep 2020

    Britain is extending an easing of cash call rules to help UK-listed companies raise vital funds during a COVID-19 induced economic slump. Besides, Bank of England (BoE) interest rate-setter Michael...

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