Author: Arabian Media staff

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Commerce secretary Howard Lutnick said the US’s reversal of restrictions on sales of chips to China followed recent trade negotiations with Beijing over rare earths.President Donald Trump curbed exports of Nvidia’s H2O artificial intelligence chips to China in April as part of an escalation of his trade war with Beijing.But a person familiar with the situation said the commerce department would start approving export licenses for these chips, after Nvidia on Monday said it expected to restart sales to Chinese companies.Lutnick said…

Image: Emirates Emirates secured the top spot in YouGov’s Most Recommended Global Brands 2025 rankings, becoming the only airline to feature in the global top 10 list. The airline scored 88.4 per cent in recommendation rates, based on over one million customer surveys conducted across 28 markets between June 1, 2024, and May 31, 2025. The rankings, powered by YouGov BrandIndex, measure the percentage of a brand’s customers who would recommend it to others. Emirates outperformed all other brands globally, reinforcing the reach and resonance of its “Fly Better” brand promise. “This recognition underscores the deep connection and loyalty we’ve…

Nontech and cyclical stocks sat out Tuesday’s earlier rally, underscoring how narrow the S&P 500’s latest gains really are. Source link

With long-term U.S. Treasury yields swinging up and down, and uncertainty swirling around America’s debt and fiscal policy, investors might be asking: Is now the time to look beyond U.S. borders for fixed-income investments? According to Rebecca Venter, senior fixed income product manager at Vanguard, that curiosity is warranted—and potentially overdue. Key Takeaways Hedged foreign bonds can reduce risk and improve returns without sacrificing quality. High-quality international bonds might even yield more than their U.S. counterparts—if you know where (and how) to look for them. International fixed-income securities offer exposure to different economies, regulations, and market cycles that U.S. bonds…

Image: IHC/ X International Holding Company (IHC) has acquired eFunder, the UAE’s private financing platform for small and medium-sized enterprises (SMEs). The platform has also been rebranded as Zelo, signalling a new chapter for the company. Fully licensed and regulated by ADGM’s Financial Services Regulatory Authority (FSRA), Zelo has been operating since August 2020, delivering receivables-based funding to address the region’s SME working capital gap. It provides fast, digital-first access to liquidity by converting approved invoices into working capital within 24 to 48 hours. Following the acquisition by IHC, Zelo now enters a new chapter as part of the holding…

Three years after a pandemic-era boom flamed out in spectacular fashion, investors once again have been gravitating toward shares of shell companies known as “special-purpose acquisition companies,” or SPACs. Source link

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The writer is chancellor of the exchequer Today I announced the Leeds reforms. The widest ranging set of changes to financial regulation in over a decade, they form a prospectus for driving growth for the UK in an increasingly uncertain and competitive global market.  Our vision for each of the eight high-potential sectors identified in the modern Industrial Strategy, including financial services, can be summed up as follows: a laser-like focus on the global strengths that we possess and a determination to double down…

Gen Z wants many of the same things in life as earlier generations of Americans, including a house, a family, a comfortable retirement at a reasonable age. But so far the numbers aren’t adding up, so they’re seeking help from financial advisors far earlier in life than previous generations. According to Northwestern Mutual, 28% of Gen Z turned to a financial advisor for the first time within the past year. Their main objective was to figure out how to grow and protect their wealth, followed by saving for retirement. Among all Gen Z members who have worked with an advisor,…

JPMorgan CEO Jamie Dimon questioned why someone would want a stablecoin rather than just a payment, but acknowledged that the bank will be involved in stablecoins so they can understand them better. Source link

Stay informed with free updatesSimply sign up to the US financial regulation myFT Digest — delivered directly to your inbox.The head of the Securities and Exchange Commission, Paul Atkins, has pushed out the chief US audit regulator, who came under fire for imposing tougher sanctions on big accounting firms during her tenure.Erica Williams told staff at the Public Company Accounting Oversight Board on Tuesday that Atkins had asked her to resign and that she would be leaving the agency she has led since 2022.This is a developing story Source link