Author: Arabian Media staff
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Elon Musk’s SpaceX is preparing to sell about $1bn of its shares in a deal that would value the rocket and satellite group at $400bn, according to people familiar with the matter.The sale of employee shares, known as a tender offer, would mark another large jump in SpaceX’s valuation. It was valued at $210bn in the middle of last year, but its valuation soared to $350bn in December when it carried out its most recent tender offer.The transaction reinforces SpaceX’s position as…
The U.S. dollar just tallied its worst start to a calendar year since the era of free-floating exchange rates began. The second half of 2025 likely won’t be much better. Source link
As the fast-food chain seeks a permanent replacement for departing CEO Kirk Tanner, one analyst suggests that new leadership will have its work cut out. Source link
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Hong Kong’s status as a global financial hub has been dealt several blows in recent years. First came clashes between police and pro-democracy protesters ahead of a national security law, passed by Beijing in 2020, that severely curtailed political freedoms in the city. That was followed by a lengthy period of draconian Covid-19 lockdowns. With the entrepot’s economy tied to fortunes on the mainland, China’s property market crash and its ensuing deflationary slowdown have made matters worse. The past five years have…
Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldThe Trump administration plans to ban Chinese groups from buying farmland in the US, particularly near military bases, out of rising concern that their purchases are undermining national security.US agriculture secretary Brooke Rollins on Tuesday said the administration would work with state and local governments to take “swift legislative and executive action to ban the purchase of American farmland by Chinese nationals and other foreign adversaries”.“American agriculture is not just about feeding our families, but about protecting our nation and…
Exchange-traded funds (ETFs) can be a great investment vehicle for small and large investors alike. These popular funds, which are similar to mutual funds but trade like stocks, have become a popular choice among investors looking to broaden the diversity of their portfolios without increasing the time and effort that they have to spend managing and allocating their investments. ETFs represent ownership in a basket of stocks or bonds. The value of an ETF can appreciate if the underlying assets appreciate. In addition, investments that incur cash flow such as interest or dividends may automatically be reinvested into the fund.…
There are finance jobs to be found in nearly every city in the world, but some cities offer more potential than others. This article pinpoints 10 top cities across the globe for finance jobs and examines their language requirements, typical weather, cost of living, and other factors. All of these cities are expensive places to live, but they also offer plentiful and high-paying jobs in the finance industry. Here are 10 of the most popular cities for finance professionals (in alphabetical order). Key Takeaways Some cities are more stable during economic downturns for certain financial professionals. Boston is a better…
Whether you sell vintage clothing on eBay or rare baseball cards, it may be challenging to keep up with the various tax rules and obligations of being a reseller. Luckily, you don’t have to be a tax expert to run your business—here are some savvy tips to help you stay organized and on top of your taxes. Key Takeaways As an eBay seller, you’ll want to be smart with your taxes, which means reporting every dollar you earn to the Internal Revenue Service (IRS). Take the time to organize your business records, such as your sales transactions, so you’ll be…
What Are Option Greeks? When investors want to profit from a stock’s price movements while risking less money than buying shares outright, they often turn to options. By using options, traders can profit whether stock prices go up, down, or sideways. Options can even work as insurance against losses in other investments. But unlike stocks, whose prices go up or down based on supply or demand, options have several internal factors affecting their price: Time is constantly eroding their value—and the clock itself moves faster. Market volatility can abruptly raise or lower their price. And, changes in the price of…
Social Security, Medicare, MAGI and IRMAA: What your new tax return might look like in April if you’re 65 or older. Source link