Bloomberg The Bank of Canada is running experiments on interbank payment systems using blockchain-type technology to better understand how it works. The central bank has no plans to issue any digital currency for public use, Senior Deputy Governor Carolyn Wilkins said in an e-mailed statement. Blockchain refers to the technology that underpins distributed ledgers, which are used for verifying ...

  Our Correspondent/ Emirates Business In the Middle East, the HP brand is synonymous with quality and reliability, but that has not come overnight. Recognised as one of the original founders of Silicon Valley, Bill Hewlett and Dave Packard founded the company in 1939 in a one-car garage in Palo Alto. In a country where more than a third of ...

  Our Correspondent EMIRATES BUSINESS Swiss watchmaker Raymond Weil belongs to the lizmited circle of independent family companies creating elegant and refined watches for men and women. Founded in 1976 and now under the leadership of the founder’s grandson, Elie Bernheim, the Geneva-based company continues to develop and consolidate its status among the leading names of the Swiss watch industry. ...