Author: Arabian Media staff
Stay informed with free updatesSimply sign up to the Aerospace & Defence myFT Digest — delivered directly to your inbox.Britain and Germany will on Thursday vow to work more closely to sell jointly made weapons, including Typhoon jets, in a deal that Downing Street claims can unlock “billions of pounds of additional defence exports”.Exports of jointly made defence kit have been a source of tension between the two countries for years, with Germany exercising its veto right to block sales to countries such as Turkey and Saudi Arabia.Sir Keir Starmer, UK prime minister, and German chancellor Friedrich Merz will sign…
Operating Profit vs. Net Income: An Overview Two important terms found on any company’s income statement are operating profit and net income. Both profit metrics show the level of profitability for a company, but they differ in important ways. Operating profit shows a company’s earnings after all expenses are taken out except for the cost of debt, taxes, and certain one-off items. A company can also decide to adjust its operating profit to deduct deferred taxes. Net income, on the other hand, shows the profit remaining after all costs incurred in the period have been subtracted from revenue generated from…
Trump is a maestro at news management Source link
In uncertain times, some investors try to buy the dip with stocks. Others buy bonds. But when the economy shows serious signs of strain—high inflation, political volatility, or a looming recession—gold tends to steal the spotlight. After all, it’s been the go-to store of value for centuries. And lately, it’s been living up to that reputation: Over the past year, gold has surged to new all-time highs, with a latest record surpassing $3,500 an ounce in April 2025. Is gold really the ultimate safe haven in economic storms? Or is it just a shiny distraction from better long-term options? One…
With his two dozen letters to U.S. trading partners last week, President Donald Trump promised elevated tariffs on Aug. 1 largely to tackle an issue he’s raised for decades — trade deficits. Source link
Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldDonald Trump said Coca-Cola had agreed to use cane sugar in the production of the company’s signature beverage, in what would represent a major shift from its use of high fructose corn syrup as a sweetener in the US. In a social media post on Wednesday, Trump said he had been speaking to Coca-Cola about “using REAL Cane Sugar in Coke in the US, and they have agreed to do so”. He hailed it as a “good move” by the…
The revision comes amid ‘less geopolitical and macroeconomic uncertainty,’ United says. Source link
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Eight healthy babies have been born following mitochondrial transfer, which creates “three-parent” embryos, in the world’s first clinical assessment of the treatment developed to reduce the risk of DNA diseases. Genetic defects in mitochondrial DNA affect about one baby in 5,000, leading to a wide range of medical problems from muscle atrophy to heart failure and brain disease. “Mitochondrial disease can have a devastating impact on families,” said Sir Doug Turnbull, one of the Newcastle team of scientists who led the trial.…
If you’re worried about being able to afford retirement, remote work might be your lifeline. Not only can it extend your career, it can also redefine what retirement looks like altogether. Roughly 40% of Americans say they plan to work during their retirement years, according to a study by Northwestern Mutual. That figure climbs to 45% for millennials and 48% for Gen Xers, many of whom aren’t just trying to stay active—they’re trying to stay afloat. For older workers in particular, the rise of remote work could offer the flexibility and freedom to ease into retirement instead of falling off…
Stay informed with free updatesSimply sign up to the UK energy myFT Digest — delivered directly to your inbox.The deputy leader of Reform UK has told green energy bosses that the party will “strike down” industry subsidies if it wins power in the next general election, in a warning shot that will put energy policy at the forefront of political debate. Richard Tice said in a letter sent to leading renewable energy developers, including SSE, Scottish Power and Ørsted, that it would “reassess all net zero-related commitments” as a result of their “intolerable costs” to the economy. The Boston and Skegness MP…