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

  Bloomberg China’s proposal to halt some metals production to fight air pollution over the winter would create shortages of alumina but have a more limited impact on aluminum supply, according to China’s top industry body, which has been consulted on the plan. The proposal involves an alumina suspension in three provinces that would affect about a fifth of the ...

  Bloomberg Maruti Suzuki India Ltd. reported third-quarter profit climbed 47 percent as India’s biggest automaker increased its share of sales of sport utility vehicles, a more affluent market segment that better weathered the cash crunch affecting predominantly the country’s poor. Net income climbed to 17.4 billion rupees ($255 million) in the quarter ended Dec. 31, in line with analysts’ ...

  Bloomberg Donald Trump’s push against trade deals he says have devastated small-town US workers is bringing disappointment to another key piece of his rural American coalition: Farmers and ranchers who heartily supported the president in hopes of less regulation and lower taxes. Trump’s decision on Monday to pull out of the Trans-Pacific Partnership, which would have reduced tariffs and ...

  Bloomberg Cisco Systems Inc. agreed to acquire AppDynamics Inc. for $3.7 billion, snapping up the fast-growing software maker just before it planned to go public. Cisco, the world’s biggest maker of networking gear, will add AppDynamics’ software and services that help companies to monitor and fine-tune the performance of their own business systems. AppDynamics, based in San Francisco, was ...

  Bloomberg The UK economy may have cleared its 2016 Brexit test, but that’s not easing companies’ concern about the approaching challenges. Days before figures are predicted to show a healthy 0.5 percent expansion in the last quarter of 2016, businesses from airline EasyJet Plc to telecommunications firm BT Group Plc cited Brexit-linked problems such as a weaker pound and ...

  Bloomberg Defects that caused Samsung Electronics Co.’s Note 7 phones to burst into flames last year revealed that the industry’s voluntary standards for the design and manufacture of rechargeable batteries aren’t adequate, a US consumer-safety regulator has concluded. The Consumer Product Safety Commission, which negotiated a recall of 1.9 million of the phones and is conducting its own investigation, ...

  Bloomberg Alphabet Inc. re-hired Yoky Matsuoka to oversee technology at its Nest Labs Inc. smart home unit, snapping up the robotics and artificial intelligence expert after she recently left Apple Inc. As Chief Technology Officer, Matsuoka will work closely with Nest’s engineering and product teams to define a long-term technology roadmap. She’ll be responsible for identifying important enabling technologies ...

  Bloomberg Newspapers and other media outlets are struggling to make money from their partnerships with tech giants like Facebook and Snapchat, raising concerns over their business models in a news landscape increasingly dominated by social media platforms. Some publishers are scaling back on Facebook Inc.’s Instant Articles program, in which they host stories directly on the social-media company’s platform ...

  Bloomberg Apple Inc. is piling onto lawsuits that attack the way Qualcomm Inc. licenses technology for mobile phones in a widespread effort to rake back profits in a slowing market. The latest suit by Apple alleges that Qualcomm has unfairly used the power of its patents, which cover the fundamentals of phone systems, and its chip business to prop ...

  ABU DHABI / WAM Within its strategy to further increase its contribution to the economic diversification efforts, and strengthening the economic performance of the non-oil sectors in line with ‘Abu Dhabi Economic Vision 2030’, Emirates Steel, the only integrated steel plant in the UAE, owned by Senaat, has exceeded its last manufac- turing record of the company’s Steel Making ...