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

  Bloomberg Toyota Motor Corp. and four of its biggest car-making peers are joining oil and gas giants including Royal Dutch Shell Plc and Total SA with plans to invest a combined 10 billion euros ($10.7 billion) in hydrogen-related products within five years. In all, 13 energy, transport and industrial companies are forming a hydrogen council to consult with policy ...

  Bloomberg India is planning to allow more foreign investment by relaxing limits in various industries in the year starting April 1 to help regain its lost position as the world’s fastest growing major economy. The government will make it easier for foreign companies to seek approval and could ask ministries to clear investment proposals, Economic Affairs Secretary Shaktikanta Das ...

  Bloomberg Nintendo Co. found out with its first smartphone game it’s tough to get people to pay $10 even if the draw is Super Mario. With its second mobile title, the Japanese powerhouse is taking a different approach that is potentially more lucrative — and much more controversial. Fire Emblem, available for Apple Inc. and Android devices in 39 ...

  GENEVA / AP When Lindsey Vonn competes in the opening event at next week’s world skiing championships, television viewers will get their first look at some new on-screen technology. Graphics will include dynamic speed checks throughout a skier’s run, they will show acceleration out of the toughest corners, and they will count air time, plus launch and landing speeds, ...

  Bloomberg Infoblox Inc., the network control company that provides Actionable Network Intelligence, announced the global availability of Infoblox ActiveTrust Cloud. Delivered as a service, ActiveTrust Cloud addresses the needs of global enterprises with a mobile workforce and growing branch offices which often don’t have dedicated IT staff or adequate security measures in place. The new solution provides protection for ...

  DUBAI / Emirates Business The use of mobile technology in and out of the workplace is making a positive impact on the productivity and job satisfaction of healthcare employees, according to research conducted by the Economist Intelligence Unit (EIU) and sponsored by Aruba, a Hewlett Packard Enterprise company. The findings suggest that nearly six in ten (59%) of workers ...

  Bloomberg UniCredit SpA will sell new shares for more than a third less than their current price in a 13 billion-euro ($14 billion) rights offer aimed at strengthening its capital position. The bank will sell stock at 8.09 euros a share and offer 13 new shares for every five held, the Milan-based lender said in a statement. The offer ...

  Bloomberg The number of bankers and financiers pulling down 1 million euros ($1.1 million) or more soared 33 percent to 5,142 across the European Union in 2015, the bloc’s banking regulator said. Bankers based in the UK accounted for 80 percent of the highest earners largely driven by appreciation of the pound against the euro, the European Banking Authority ...

  NEW YORK / AP A former Morgan Stanley financial adviser was arrested in Nevada on charges in New York that he stole at least $5 million from several members of a wealthy family to live lavishly, including using private jets, authorities said. Barry Connell, 50, of Chester, New Jersey, was arrested in Henderson, Nevada, on fraud and identity theft ...

  Bloomberg Buckle up, bond investors. Global reflation and fading central-bank stimulus herald a new dawn for the European corporate debt market that will buoy high-yield paper at the expense of high-grade, according to analysts at Bank of America (BofA), citing an upcoming portfolio shift among investors. “In 2016 we saw the lowest in yields and spreads,” strategists at the ...