Author: Arabian Media staff
Stay informed with free updatesSimply sign up to the US-China relations myFT Digest — delivered directly to your inbox.Almost half of the big US companies operating in China have been adversely affected by overcapacity in the country, according to a new survey, underscoring deepening concerns about sluggish demand and rising deflationary pressures in the world’s second-largest economy.An annual survey by the US-China Business Council found that overcapacity had hit 42 per cent of respondents, up significantly from the 25 per cent that reported an impact last year.This year was the first that overcapacity was among the 10 biggest challenges to…
There was a time when the word “retirement” invited a blank stare from 25-year-olds, but that may be changing for Generation Z. This is the generation of people born between 1997 and 2012, putting them in the age bracket of 13 to 28 in 2025. Gen Zers are contributing to 401(k) plans at an earlier age than millennials, the generation just before them. Some surveys have found that Gen Z places a high value on retirement, even though they may be struggling to build their finances today. Here’s what the research says about Gen Z’s retirement plans. Gen Z and…
Barry Ritholtz’s key lessons from ‘How Not To Invest’ can help readers who have questions about their investing strategies Source link
Stay informed with free updatesSimply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox.OpenAI plans to take a cut from online product sales made directly through ChatGPT, as the Sam Altman-led group looks to further develop ecommerce features in the hunt for new revenues.The San Francisco-based company currently displays products on the platform with an option to click through links to online retailers. It also announced a partnership with payments group Shopify in April. According to multiple people familiar with the proposals, it now aims to integrate a checkout system into ChatGPT, which ensures users…
Image: Dubai Media Office Brand Dubai, the creative arm of the Government of Dubai Media Office, has launched a new interactive guide highlighting some of the city’s top indoor sports destinations, encouraging residents and visitors to stay active throughout the summer. Released under the ongoing #DubaiDestinations summer campaign, the guide features a wide range of family-friendly venues where people of all ages can enjoy sports in air-conditioned comfort. Activities include football, volleyball, basketball, padel, spin cycling, martial arts, yoga, indoor golf, bowling and ice skating. The initiative aims to reinforce Dubai’s reputation as one of the world’s most vibrant and…
Despite their worries, managers know that there is terrible danger in missing out on a booming market. Source link
It’s commonly known that interest rates are indirectly related to unemployment. High interest rates can dampen economic activity and reduce employment, while low rates spur economic growth and encourage businesses to hire more workers. But this relationship isn’t as straightforward as it may seem, and there are many other factors that can overshadow it. Key Takeaways Interest rates and unemployment theoretically share an inverse relationship.The Federal Reserve adjusts interest rates in response to broader economic situations, which may have unexpected outcomes on the labor market.Although the Fed cut rates during the Great Recession and the COVID-19 pandemic, the unemployment rate…
Image credit: Getty Images The Ministry of Labour has introduced new regulations requiring mandatory professional certification for work permits in both the accounting and engineering sectors in Oman. The move is part of a broader initiative to standardise qualifications, enhance professional competency, and support the Sultanate’s national workforce development goals, an Oman Observer report said. Read-New rule for businesses in Oman: Here’s what you need to know Effective August 1, 2025, the ministry will no longer issue or renew work permits for individuals working under the designation of “engineer” unless they present a valid professional classification certificate. The certificate must…
We all need a margin of safety in our financial plans—room for error, the unexpected, and eventualities we never imagined. This means savings. We put aside cash for what-ifs and just-in-cases. It might be a series of “what’s” on top of each other, like a dread diagnosis, the need to help family, and the loss of a job, all at once. The underlying question my clients ask is: How much should they keep in cash in the bank compared to other assets like investment accounts? What I’m Telling My CLients How Much Should You Put In An Emergency Fund An…
Goldman Sachs’s stock rallies as its market-trading businesses shine, while rival Morgan Stanley saw investment-banking revenue slip. Source link