The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.
Bloomberg New York Times Co., looking for ways to persuade readers to pay for news, is working with Spotify Ltd. to give new digital subscribers to the newspaper free access to the world’s largest music-streaming service. Readers who buy one-year online subscriptions to the Times will also get unlimited access to Spotify’s premium service, which costs $120 annually, the ...
Read More »TimeLine Layout
February, 2017
-
12 February
‘Trump good for US economy for now’
AP The head of the International Monetary Fund said on Sunday that US President Donald Trump taking office is likely good for the American economy in the short term, though rising interest rates and a strengthening dollar will challenge global trade. Christine Lagarde said Trump’s plans for additional investment in US infrastructure and his likely tax reforms will boost ...
Read More » -
12 February
Vacheron Constantin makes its online debut with $45k watches
Bloomberg Luxury timepiece maker Vacheron Constantin will start selling its new watches online for the first time in its 262-year history as the Richemont-owned brand seeks younger customers. The Geneva-based company designed a limited edition of 36 Cornes de Vache 1955 timepieces with New York-based watch news website Hodinkee — the first such collaboration for the watchmaker, said Vincent ...
Read More » -
12 February
Wittingly or not, big brands help fund fake news sites
Bloomberg Wittingly or not, major global corporations are helping fund sites that traffic in fake news by advertising on them. Take, for instance, a story that falsely claimed former President Barack Obama had banned Christmas cards to overseas military personnel. Despite debunking by The Associated Press and other fact-checking outlets, that article lives on at “Fox News The FB ...
Read More » -
12 February
A peek into diversity of flying cars
Bloomberg Spurred by technology advances and demand for transportation alternatives in increasingly congested cities, entrepreneurs around the globe are vying to become the first to develop a commercially viable “flying car.†The designs vary greatly, and most aren’t actually cars capable of driving on roads. Here are some examples: VAHANA European aircraft manufacturer Airbus is working at its Silicon ...
Read More » -
12 February
Microsoft to form group to back Ethereum blockchain
Bloomberg Microsoft Corp. and other major technology companies and banks are forming an alliance to advance the adoption of Ethereum blockchain database technology in corporations, potentially offering better security for recording transactions, according to two people familiar with the plans. The companies have been working on the Enterprise Ethereum Alliance for months, according to one of the people, and ...
Read More » -
11 February
‘Governments’ role is to help people achieve their dreams’
Dubai /Â WAM The role of governments is to create an enabling environment where people can flourish and achieve their dreams, stated Ohood bint Khalfan Al Roumi, UAE Minister of State for Happiness. Laying the groundwork for a free exchange of ideas among experts from around the world, the Minister invited delegates to assemble at different tables to discuss the ...
Read More » -
11 February
Executive committee reviews Louvre Abu Dhabi project site
ABU DHABI / WAM The Executive Committee at the Abu Dhabi Executive Council, headed by Saeed Eid Al Ghafli, visited the site of the Louvre Abu Dhabi project. The delegation was greeted by Mohamed Khalifa Al Mubarak, Chairman of Abu Dhabi Tourism and Culture Authority, and Sufian Hasan Al Marzooqi, CEO of the Tourism Development and Investment Company (TDIC). ...
Read More » -
11 February
Xiaomi goes all-in on retail to revive China smartphone sales
Bloomberg After pioneering online flash sales in China to reach the top of the smartphone market, Xiaomi Corp. is turning to old-fashioned retail to arrest its slide. The phonemaker will roll out a chain of about 1,000 brick-and-mortar stores under the Mi Home banner over the next three years, as co-founder Lei Jun mimics a strategy that’s helped the ...
Read More » -
11 February
Kenya Airways seeks to win back engineers as CEO search continues
Reuters Kenya Airways is considering offering higher wages to entice back dozens of engineers who quit the loss-making carrier to join Gulf-based airlines in the past year, its chairman said. The airline, part-owned by the state and part-owned by AirFrance KLM, sank into the red four years ago after tourism slumped following a spate of attacks in Kenya by ...
Read More »