The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.

Bloomberg Huawei Technologies Co lashed out at the US government on Tuesday, accusing Washington of orchestrating a campaign to intimidate its employees and launching cyber-attacks to infiltrate its internal network. China’s largest technology company claimed the American government had instructed law enforcement agencies to threaten and attempt to manipulate its employees. Huawei also accused the US of launching attacks against ...

Bloomberg Global electric-car sales fell for the first time in modern history in July after China scaled back purchase subsidies, highlighting the role government assistance is having on the burgeoning market. Monthly sales worldwide fell 14 percent to about 128,000 plug-in passenger electric vehicles, Sanford C Bernstein said in a report. Sales declined in China and North America, while rising ...

What really happened in Biarritz last weekend, with the mysterious visit of Iranian Foreign Minister Mohammad Javad Zarif? US officials saw it as a bit of diplomatic freelancing by French President Emmanuel Macron that sought to foster negotiations but highlighted the obstacles that are in the way. The intrigue surrounding the summit was described by knowledgeable sources who requested anonymity ...

When I headed the US Southern Command a decade ago, I took a trip to the Brazilian military’s jungle training site near Manaus in the Amazon River basin. I spent time both in the jungle with Brazilian troops and on the river, meeting with some of the 300 indigenous groups that populate the region, which spans nine South American nations. ...

Thomas Cook Group Plc’s rescue by Fosun Tourism Group moved a step closer as creditors approved a 900 million-pound ($1.1 billion) bailout led by the Chinese investor. The ailing British travel company’s shareholders could be forgiven for thinking they have got the loungers on the shady side of the pool. Under the terms of the deal, Fosun will own 75% ...

China has long promoted its traditional medicinal system as a national treasure and more recently as a tool of soft power. While the ancient art remains a policy priority, however, it faces very modern challenges including rising costs, complexities of production and treatment, and murky intellectual property rights. Chinese medicine practitioners have been treating patients with herbal medicine and acupuncture ...

The beleaguered Indian economy is finally making a sensible bargain with the rest of the world: “Take our billion-plus customers, give us jobs.” Under a new foreign direct investment policy announced by Prime Minister Narendra Modi’s government, India is undertaking its biggest liberalisation of single-brand retail in seven years. One major concession: Contentious local sourcing requirements will need to be ...

When asked about President Donald Trump’s economic policies, most US business leaders are likely to offer a polite but nuanced response. They welcome measures that have improved the operating environment for their businesses and sustained America’s economic outperformance. But they also wonder whether more could have been accomplished by working across party lines and with international allies. That distinction is ...

Going by the mainstream business press, you’d think the big stories of 2019 in cryptocurrencies are the quadrupling of the price of Bitcoin and a shift by big institutions such as JPMorgan Chase & Co. and Facebook Inc. from the blockchain-not-bitcoin model popular from 2014 to 2018 to bitcoin-with-training-wheels. If you read technology newsfeeds, you’d instead focus on new highs ...

Dubai / WAM Hazzaa AlMansoori, the first Emirati astronaut to travel to the International Space Station (ISS) on September 25, and Sultan AlNeyadi, the back-up astronaut for the same mission, successfully completed their final tests for the mission at the Yuri Gagarin Cosmonaut Training Center, in Star City, in Moscow. Each day of the exam started with the astronauts saluting ...