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

The world’s preoccupation with the Carlos Ghosn affair hides in plain sight the pathetic state of Nissan Motor Co.’s business and the value destruction that has continued since his arrest. In a video message, the company’s deposed chairman spent much of his time talking about what’s going on at Nissan rather than addressing the growing pile of allegations against him. ...

More than at any time since the collapse of the Soviet Union in 1991, nuclear war may be something to worry about. At the moment, tensions between India and Pakistan, North Korea’s small arsenal, Iran’s nuclear program, and the US withdrawal from its treaty with Russia on intermediate-range nuclear missiles are all roiling the status quo of global security. But ...

The world’s finance ministers and central bank governors, gathered in Washington for meetings of the International Monetary Fund (IMF) and the World Bank, were assigned some grim reading this week. The IMF’s new forecasts predict a further slowing of the global expansion, and warn of serious downside risks as well. No single factor accounts for this cloud over the world’s ...

The mantra “take back control” meant different things to different Brexit voters during the June 2016 referendum. But it’s pretty certain no one thought they’d be getting what came out of European Union (EU) summit. When they finally emerged in the early hours on April 11, the EU’s leaders had agreed to push back the UK’s Brexit deadline yet again, ...

Chief executive officers are going out of their way to brace investors for what could be the worst first quarter in years. As of the end of last week, more than 20% of the companies in S&P 500 had pre-announced details of how they did in first three months, and nearly 80% of them told investors to lower their expectations. ...

Looking for the hottest residential real estate in Asia? Go to Ho Chi Minh City. Ever since Vietnam allowed foreigners to own apartments in July 2015, its luxury housing sector has been on a tear. Three years ago, when local developer Dai Quang Minh launched the first residential complex in the Thu Thiem area – a 657 hectare grassy plot ...

Bloomberg Tens of millions of people use smart speakers and their voice software to play games, find music or trawl for trivia. Millions more are reluctant to invite the devices and their powerful microphones into their homes out of concern that someone might be listening. Sometimes, someone is. Amazon.com Inc employs thousands of people around the world to help improve ...

Bloomberg Vista Global Holding, which competes with Warren Buffett’s NetJets in the pay-by-the-hour private plane market, agreed to buy US-based JetSmarter, adding a service that sells empty seats on chartered aircraft. While the Uber-style model will extend the group’s product offering in the $11 billion on-demand corporate flights sector, JetSmarter is mainly attractive for industry-leading digital technology and an app ...

Bloomberg A team of scientists, some of whom have worked for Elon Musk, outlined a way to rapidly implant electrical wiring into the brains of rats. The process, described in an unpublished academic paper, is an important step towards a potential system to plug human brains directly into computers. The paper’s five authors have been employed by or loosely associated ...

Bloomberg Mubadala Investment Co opened an office in New York as the Abu Dhabi wealth fund builds on its presence in the United States. “Today we have offices in San Francisco, we have offices in Rio De Janeiro, we have offices in Moscow, we have an office in New York City which we just inaugurated, and Hong Kong by the ...