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

  Noah Smith The same problems come up again and again in discussions of what Japan needs to do to revive its economy. The first is low white-collar productivity. The second is population aging. The third is gender equality. Now Japan’s government is poised to attack all three problems at once, undertaking an assault on one of the central features ...

  DOHA / Emirates Business Qatar Airways is sponsoring the first-class 7-star cinema experience at iconic Novo Cinemas across Qatar, Bahrain and United Arab Emirates, introducing customers within the region to a luxury entertainment experience. The seven-star service includes valet parking, luxury lounges and special gourmet food menu ordered from fully reclining leather seats. Each seat comes with an iPad, ...

  PARIS / Reuters Airbus said on Sunday Iran’s state airline IranAir had accepted its first new jet, marking a key step in opening up trade under a nuclear sanctions deal between Iran and major powers. The Airbus A321 jetliner has been painted in IranAir livery and is expected to be delivered later this week. “The technical acceptance has been ...

  Bloomberg British Airways (BA) promised to carry all passengers booked to fly during a two-day walkout over pay by cabin crew next week, though some people will have to catch different departures. The “vast majority” of services to and from London Heathrow, where the protesting crews are based, will operate as normal, and flights from the U.K. capital’s Gatwick ...

  Emirates Business Oris, one of Switzerland’s few remaining independent watch companies, announces the opening of ‘Maison Oris’ at 22 Barfusserplatz in the Swiss city of Basel. The new boutique will be operated in cooperation with renowned jeweller Seiler, and will offer Oris customers an unrivalled experience of the company and its watches. The two-storey boutique has been designed as ...

  Bloomberg EasyJet Plc’s passenger count increased at less than half the pace of its low-cost rivals last year as Europe’s second-biggest discount carrier struggled with its exposure to the British and French travel markets. Customer numbers increased 6.6 percent to 74.4 million in 2016, Luton, England-based EasyJet said. That compares with a 15 percent gain at low-cost leader Ryanair ...

  Bloomberg Norway’s biggest bank, DNB ASA, has more capital than it needs and will probably start using the excess funds to buy back its own shares. After topping the European Banking Authority’s resilience score (DNB’s capital reserves were hardly affected in the stress tests’ ‘adverse’ scenario), the Oslo-based lender is now attracting investor interest as analysts predict shareholder rewards ...

  Bloomberg Bank of America Corp. (BofA) is poised to boost bonuses for many of its bond traders and trim payouts for those handling stocks, people with knowledge of the matter said. The combined compensation pool will drop significantly, though fewer workers will divvy the rewards. Senior executives have earmarked as much as 10 percent more to pay the fixed-income ...

  Bloomberg No wonder Germany is on the warpath against a proposed global standard for how banks calculate the capital they need: Its largest lenders rank among the worst when it comes to how they assess risk. That means Deutsche Bank AG and Commerzbank AG will be affected more than most big lenders and may have to raise additional capital, ...

  Reuters Bitcoin plunged another 12 percent after China’s central bank urged investors to take a rational approach to the digital currency, which has is on track for its heaviest two-day falls in two years. Bitcoin had gained more than 40 percent in two weeks to hit a three-year high of $1,139.89 on Wednesday, just shy of its all-time record ...