Bloomberg Spotify Ltd. struck a long-term licensing deal for songs from Vivendi SA’s Universal Music Group, the world’s biggest record label, agreeing to limit free play on some new albums. Universal artists including Taylor Swift will be able to offer new albums to paid subscribers only for two weeks, with singles available on the free service, the companies said ...

  Bloomberg South Korea is famous as a high-tech powerhouse, from Samsung’s smartphones, the world’s fastest internet connection speed and world-beating innovation. And while presidential hopefuls are laying out plans to develop new technology to drive the economy over the next five years, here is a reality check: the advantage of Korean companies over their Chinese competitors is closing fast. ...

  Dubai / Emirates Business The UAE Purchasing Managers’ Indexâ„¢ (PMIâ„¢) — a composite indicator designed to give an accurate overview of operating conditions in the non-oil private sector economy — picked up to a 19-month high of 56.2 in March, from 56.0 in February. Growth of the UAE non-oil private sector gained further momentum in March, continuing the trend ...