Author: Arabian Media staff

Nissan is betting that a third-generation version of its unique hybrid technology will drive a breakthrough in the US, a critical market for new boss Ivan Espinosa as he tries to turn around the struggling Japanese carmaker.The company produces its “e-Power” hybrid system for the Qashqai model in its UK plant in Sunderland and for various models made in Japan but has shied away from launching it in the US because of poor fuel economy on highways.However, fuel efficiency has improved 15 per cent in the latest generation, making management confident the technology can be introduced in Nissan’s Rogue SUV…

The writer is a historian and public speaker“We once had seven castles,” says Jean Christophe, Baron von Pfetten. “All were sold — so I’ve bought one back!”The baron, a Frenchman with a Germanic title and a deep love of England, blames the loss of his family’s patrimony on the Code Napoleon, which prescribes a more equitable family inheritance and quickly disperses an ancestral fortune. So, when he first picked his way through Apethorpe House, the castle in question, and spotted a carved coat of arms resembling his own, he and his wife Nadia, a conservation architect from Venice, decided to buy it.The…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.South Korean policymakers are struggling to stimulate economic growth in the face of an escalating global trade war, as they fear cutting interest rates could boost property prices in some of the most desirable parts of Seoul and inflame an already overheated market.The Bank of Korea on Thursday held rates at 2.5 per cent, defying pressure to boost an economy that contracted in the first quarter as US President Donald Trump’s tariffs squeezed the country’s crucial exports of cars, steel and electronics.“The…

Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldDonald Trump has threatened to hit Brazil with tariffs of 50 per cent and accused it of attacking free speech, in significant escalation of tensions between the US and Latin America’s biggest economy.In a letter posted to Truth Social on Wednesday, Trump lashed out at the government of Luiz Inácio Lula da Silva over the treatment of Brazil’s former rightwing president Jair Bolsonaro. Trump said Bolsonaro, who is on trial over an alleged coup plot, was a “Highly Respected Leader…

Stay informed with free updatesSimply sign up to the Property sector myFT Digest — delivered directly to your inbox.The number of rental properties coming on to the UK market fell sharply for the 11th straight month in June, according to a leading property survey that highlights a squeeze on the number of homes to let. The Royal Institution of Chartered Surveyors said that “landlords continue to leave the sector”, with its measure of “landlord instructions” reporting a score of minus 21 points in June in an indication that more estate agents have seen a decrease in rental listings than an…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Ferrero, the family-owned Italian food group behind Ferrero Rocher, TicTac and Kinder sweets, is in advanced discussions to buy the storied American breakfast cereal company WK Kellogg in a deal worth up to $3bn. The takeover could be announced as soon as this week and values the company behind Kellogg’s Corn Flakes, Rice Krispies and Froot Loops as much as double its $1.5bn market value, according to two people familiar with the matter. There were no guarantees that a deal was clinched…

How does the new SALT deduction work? Here’s what to know. Source link

Bitcoin briefly rose above $112,000 to a record high Wednesday afternoon. However, the rally may stall if the trade tensions intensify, according to some analysts. Source link

The Italian maker of Ferrero Rocher and Nutella has set its sights on WK Kellogg as the U.S. cereal maker struggles to get traction. Source link

Here are five reasons why Trump might not get cheap money fast. Source link