Author: Arabian Media staff
America must control its copper supply — but Washington doesn’t have many chances to get it right. Source link
This article is an on-site version of our Trade Secrets newsletter. Premium subscribers can sign up here to get the newsletter delivered every Monday. Standard subscribers can upgrade to Premium here, or explore all FT newslettersLast week, when US President Donald Trump’s tariff deadline came due, was a completely mad one in trade. The maddest since, ooh, a few weeks ago. It’s likely to be unmatched for madness for at least, say, three weeks — until August 1, the new D-Day when the bogus “reciprocal tariffs” will be imposed or deferred again. Financial markets are currently very sanguine indeed. They’re…
A report released by India’s Aircraft Accident Investigation Bureau pointed to fuel switches that flipped off during takeoff, depriving engines of power. Source link
Saudi Arabia’s Public Investment Fund (PIF) has launched Tasama Business Services Company, a new national entity aimed at strengthening the kingdom’s integrated business services and solutions sector and driving economic growth across public and private sectors, the Saudi Press Agency (SPA) reported. Tasama was created following the merger of BIAC, an incubator and accelerator formerly owned by the Saudi Technology Development and Investment Company (TAQNIA), a PIF portfolio company, and the PIF’s Shared Services Center. The newly established company will deliver comprehensive business solutions to support companies from startup through to scale-up. New PIF Company Tasama Set to Propel Saudi…
“We have no long-term-care insurance. When I become debilitated, I plan to end my life at Dignitas.” Source link
Image: Getty Images/ For illustrative purposes Saudi Arabia’s Capital Market Authority (CMA) has approved a wide-ranging package of regulatory reforms aimed at strengthening the asset management industry and aligning it with international standards. The approved amendments cover the Investment Funds Regulations, Real Estate Investment Funds Regulations, and the Glossary of Defined Terms. The reforms are intended to improve transparency, investor protection, fund governance, and operational flexibility, particularly for investment fund managers and real estate investment trusts (REITs). CMA’s key changes include Expanded distribution channels: Digital platforms and electronic money institutions licensed by the Saudi Central Bank can now distribute fund…
The U.S. investment bank goes through the reasons why the stock market keeps rising as new and higher tariff levels get announced. Source link
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Sometimes an investment looks so terrible even Warren Buffett can’t fix it. Kraft Heinz, the maker of sauces and convenience foods, is poised to break itself up after years of faltering sales and a falling share price. It’s a forlorn attempt to placate shareholders who could have done much better elsewhere. Buffett has metaphorical ketchup down his shirt, but his own investors have, relative to others in Kraft, come out on top.Buffett’s investment company Berkshire Hathaway bought Heinz in 2013, in a…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.A Milanese court placed Loro Piana under judicial administration for subcontracting production to suppliers that allegedly exploited workers, making the LVMH-owned cashmere brand the latest fashion house to be caught up in a series of investigations into labour rights violations. The court said Loro Piana had handed the production of apparel, including jackets, to Evergreen Fashion Group, which is owned by a Chinese company.“The production of such apparel had been carried out in a context of labour exploitation,” according to the ruling…
Image credit: UAE’s Ministry Of Energy & Infrastructure/Website The Ministry of Energy and Infrastructure in the UAE has announced the launch of a major project aimed at developing and enhancing the capacity of Emirates Road. This initiative forms part of a comprehensive national plan to tackle the persistent issue of traffic congestion and improve transportation efficiency across the country. The project reflects the UAE’s ongoing commitment to building smart, resilient, and sustainable infrastructure that supports economic growth objectives, raises the quality of life for residents, and enhances the overall efficiency of the federal road network, a WAM report said. Major…