Author: Arabian Media staff
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Starbucks will require corporate staff to be in the office at least four days a week and is offering cash to employees who decide to quit instead, as executives bank on in-person work to improve the company’s flagging performance. The world’s largest coffee house chain on Monday increased the number of days employees are required work in the office from three to four. The mandate from chief executive Brian Niccol shows how some US companies are retreating from liberal remote work policies…
Investors don’t seem to give much credence to claims that cost overruns will give President Trump justification to oust Fed Chair Powell. Source link
Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldAfter passing his tax-cutting “big, beautiful bill”, Donald Trump has been busy reviving his protectionist agenda. Last week the US president extended the 90-day pause on his “liberation day” import duties until August 1, and wrote punchy letters and social media posts to key trade partners, goading them to strike quick deals with his administration. He also proposed a 50 per cent levy on copper and a 200 per cent charge on pharmaceutical products. Wall Street, however, reacted nonchalantly. The…
If you’ve got a roommate or two, it can make sense to share things. Splitting subscription services, going in on food delivery, and splitting the utilities all come to mind. However, there’s one expense you should never share with your roommates: renters insurance. This coverage is so cheap and personalized that it’s more of a hassle to share a single policy than to take out one for yourself. Key Takeaways Renters insurance is one of the most affordable types of insurance, often costing around $20 a month.Since renters insurance mainly provides personal property and liability coverage, it makes more sense…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Volvo Cars will book a one-off charge of SKr11.4bn ($1.2bn) as the Swedish group forecast smaller profits from two critical vehicle models due to US President Donald Trump’s car tariffs and launch delays.The Geely-owned group is heavily exposed to higher import tariffs in the US and Europe and has already announced a cut of 3,000 jobs globally to save costs.Volvo Cars on Monday blamed the non-cash impairment charge on launch delays and additional development costs for its flagship EX90 sport utility vehicle,…
Weddings are more expensive than ever, with many couples taking out personal loans to fund their special day. As a result, it makes sense to purchase wedding insurance to protect your finances if something goes wrong. A wedding insurance policy reimburses you for lost deposits, damages, cancellation fees, and more, so you won’t suffer a complete financial setback if your wedding is postponed or delayed. Key Takeaways Wedding insurance, also known as event liability coverage, provides financial protection against various risks, including wedding cancellation, injury, and damage to personal belongings.To purchase wedding insurance, request a quote from an insurance provider and…
U.S. markets have seemed to “keep calm and carry on” this year to date — despite dramatic policy changes that may have delayed impacts on the economy, according to David Kelly, chief global strategist at J.P. Morgan Asset Management. Source link
Warner Bros.’s stock rallied toward a seven-month high after “Superman” extended the movie studio’s streak of megahits. Source link
As megacities slow, multinationals from Starbucks to Skechers are chasing growth in China’s inland cities, where brand loyalty is strong and competition is thinner Source link
Stay informed with free updatesSimply sign up to the Cryptocurrencies myFT Digest — delivered directly to your inbox.We try, valued reader. We really do try. We want to approach all types of tokenised finance with an open mind. Maybe one day, someone will invent something to do with a blockchain that’s not crime, self-enriching grift, black-box frippery, or a distributed Ponzi scheme. We’re ready to reverse ferret a long-standing editorial line, should useful innovation ever happen, so we need to put in the work.But sometimes . . . but sometimes . . . we just want to skip all that and show you a press release. Here’s…