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

  Brazil has overcome the Olympics challenge in style, but now comes the bigger challenge: to sustain the benefits ensuing from the Games. Before the mega sporting event started, many were sceptical about the country’s ability to put up a good show. The worst recession facing the nation, shooting inflation, swelling unemployment and the political upheaval caused by impeachment of …

  The Indian government’s decision to elevate a well-respected deputy governor at the Reserve Bank of India to become the country’s next central banker is, frankly, a bit of a relief. The naming of Urjit Patel comes after months of quite unnecessary drama — first over whether current RBI chief Raghuram Rajan and the government were getting along, then whether …

  When China’s top securities regulator said recently that it plans to delist Dandong Xintai Electric Co. for falsifying initial public offering documents, it didn’t grab many headlines. But it suggested some far-reaching changes may be afoot. Xintai is the first company to be expelled from Shenzhen’s ChiNext board for such an offense, and one of only a handful that …

  Although First Ladies have been given important responsibilities in their husbands’ presidencies, none has taken such an active part in policymaking as Hillary Rodham Clinton did. Here are excerpts from interviews my colleagues and I conducted with Clinton administration officials and others who discussed her personality and her role. Did you get the impression that she may have been …

Bloomberg Don’t look now, but technology companies are exerting more control over the US stock market than any time since the internet bubble. Fueled by three-year rallies in which Microsoft Corp. and Alphabet Inc. doubled, Amazon.com Inc. tripled and Facebook Inc. surged fivefold, computer and software stocks have increased to almost 21 percent of the S&P 500 Index’s value, near …

  Bloomberg Kingsoft Corp Ltd., the Chinese software company whose chairman is Xiaomi Corp. co-founder Lei Jun, is preparing to go head-to-head with Alibaba Group Holding Ltd. in the rapidly growing market for cloud-computing services. Kingsoft Chief Executive Officer Hongjiang Zhang is banking on new businesses from mobile games to cloud computing to help pull the company out of the …

  Relaxnews At the Intel Developer Forum in San Francisco, USA, the microprocessor maker demo-ed Project Alloy, a standalone virtual reality headset allowing wearers to explore and interact with a virtual world while keeping one foot firmly in reality. The headset was presented by Intel CEO Brian Krzanich, who claimed that Project Alloy completely redefines what’s possible from a VR …

  Relaxnews Pinterest introduced video ads as it moved to cash in on a growing appetite for videos at the popular online bulletin board. Marketing messages in the form of Promoted Videos paired with posts “pinned” at the social network will be served up in the United States and Britain, according to product manager Mike Bidgoli. Pinterest has seen a …

  Bloomberg Gross domestic product is so 20th century. The measure has risen from humble beginnings during the Great Depression to be an essential gauge for governments and central banks the world over. Long-term investors allocate capital based on its findings; traders buy and sell stocks, bonds, currencies and commodities in the blink of an eye after readings flash on …

  Emirates Business Gamers, get ready to lose yourselves in the ultimate surround experience with the Sennheiser PC 373D. Whether you’re cruising the streets of Los Santos, jumping into a team fight in the jungle or staying stealthy while an opponent is lurking around, nothing matches the sound quality, style and comfort of the latest member of Sennheiser’s gaming headset …