Author: Arabian Media staff
Stay informed with free updatesSimply sign up to the UK employment myFT Digest — delivered directly to your inbox.UK payroll employment fell for the fifth consecutive month in June and wage growth slowed, in the latest sign that the government’s tax rises, a higher minimum wage and the US trade war are hitting the jobs market. Employers cut the number of payrolled staff by 25,000 between April and May, the Office for National Statistics said on Thursday, revising its previous estimate of a 109,000 drop. Early estimates for June showed a further 41,000 decline, leaving payrolled employment down by 178,000 or…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.EasyJet has warned that “worsening” air traffic control delays and a rise in fuel prices will hit its full-year profits, even as it reported strong demand for travel this summer. The low-cost airline on Thursday said it expected to take a £25mn hit from the two headwinds in its current financial year, which runs to the end of September. The EU has warned that airline delays could be at their worst ever this summer as understaffed air traffic controllers battle strikes, wildfires…
In a strategic initiative to expand life insurance coverage across the UAE, Salama, one of the world’s largest and longest-established providers of Shariah-compliant Takaful solutions, has announced a partnership with Policybazaar.ae, a leading regulated digital insurance broker in the UAE. The collaboration aims to make Salama’s Life Takaful products more accessible through Policybazaar.ae’s digital platform, in full compliance with local regulatory standards. Rakesh Sudhakaran, chief commercial officer, Salama stated: “At Salama, we’ve always been at the forefront of Takaful innovation, committed to ethical and forward-thinking financial solutions that support the long-term wellbeing of families in the UAE. Our strategic partnership…
Taiwan Semiconductor Manufacturing Co., the contract manufacturer for companies including Nvidia and Apple, on Thursday said its profit surged in the second quarter due to artificial-intelligence demand. Source link
Image: AI generated/ For illustrative purposes only Dubai has issued a new decree (No 31 of 2025) granting Emirati government staff in the emirate 10 working days of fully paid marriage leave. The new directive — signed off by Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, and Ruler of Dubai — aims to support psychological and family stability while enhancing work–life balance. It covers UAE Nationals working in Dubai government entities, including agencies overseeing special development zones and free zones. It also applies to judicial and military personnel, excluding cadets. Key highlights linked…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Volvo Cars has reported its first operating loss since its 2021 stock market listing in Stockholm as higher US tariffs and restructuring costs hurt its profitability. The Swedish group, owned by China’s Geely, reported on Thursday an operating loss of SKr10bn ($1bn) for the April to June quarter, compared with a profit of SKr8bn a year earlier and an average analyst estimate of a profit of SKr2.3bn, according to S&P Capital IQ. Revenue also declined 8 per cent to SKr 93.5bn as retail sales…
We’ve all been there – you walk into a meeting, and before you even say hello, your scent has already introduced you. And not in a good way. Whether it’s the coworker who smells like a candy store or the one who leaves a trail of heavy musk long after they’ve left the room, strong perfumes in close quarters can be… a lot. So how do you find a scent that whispers “polished professional” rather than screams “walking air freshener”? It’s all about balance. Here’s how to pick a work-appropriate fragrance that keeps you smelling great, without becoming office gossip. Avoid…
This article is an on-site version of our Unhedged newsletter. Premium subscribers can sign up here to get the newsletter delivered every weekday. Standard subscribers can upgrade to Premium here, or explore all FT newslettersGood morning. Yesterday morning it was reported that Donald Trump met congressional Republicans to discuss firing Federal Reserve chair Jay Powell. Markets freaked. In less than an hour, 2-year Treasury yields fell 6 basis points, the S&P 500 fell 0.8 per cent and the dollar dropped. The president then denied the whole thing and markets recovered. We’re not sure what game the president is playing. While…
An upcoming reality TV show starring BrewDog founder James Watt promises “the unfiltered truth of what it takes to build a unicorn”.A showcase for the beer entrepreneur, House of Unicorns is a Dragons’ Den meets The Apprentice mash-up that will give start-ups a crash course in how to reach that fabled $1bn valuation. What we’re hoping for is an episode on liquidity preference, given its central role in the 2017 deal with private equity outfit TSG Consumer Partners that established Watt as a unicorn founder and made his fortune. Because, with hindsight, the terms of that transaction turned what was…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Publicis has upgraded its full year growth forecasts as the French advertising group capitalised on the weakness of rivals such as UK-based WPP to grow its revenues by more than 10 per cent in the first half.Arthur Sadoun, chief executive of Publicis, said the growth had been achieved by winning new business, despite a challenging macroeconomic environment. After winning key mandates from US rival IPG last year, Publicis has this year taken work from Coke and Mars, both major WPP clients.On Thursday…