Author: Arabian Media staff
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.WeightWatchers has laid out plans to push deeper into women’s healthcare and appointed a new board of directors, as the dieting brand seeks to reposition itself for a landscape upended by the emergence of GLP-1 weight loss drugs.The company, which rebranded as WW International in 2019, filed for bankruptcy in May after succumbing to competitive pressure from a new breed of weight loss drugs, including Wegovy and Ozempic. In a statement on Tuesday WeightWatchers said it planned to relist on the Nasdaq…
At the Fancy Food Show, the big trade event for gourmet fare, noteworthy products also included quail eggs, Indian-spiced potato chips and the sweet treat known as Dubai chocolate. Source link
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.It’s barely three months since CoreWeave went public, and the US data centre operator is already on the acquisition trail. Helped by a share price that has already quadrupled, the company on Monday said it was buying Core Scientific, another data centre company, in an all-stock deal for $9bn. The deal tells two different stories about the artificial intelligence boom: one of expansion and one of caution.CoreWeave’s data centres are an important brick in the AI wall: clients such as OpenAI and…
For the first time since 2000, dividend yields for stocks in the S&P 500 are nearing record lows, according to Deutsche Bank. Source link
The company’s recent cloud-services agreements should strengthen its position and improve confidence in the company’s longer-term financial prospects, according to Jefferies. Source link
There’s no shortage of financial literature about when to buy a stock, but determining a strategy for holding or selling a stock is also important. Investors must consider several factors before buying or selling an investment, including how much risk they’re willing to take and when they’ll need the money. In other words, investors should have a financial plan that outlines their investment and financial goals for the short and long term. This article will look at some of the factors for when and why investors might sell a stock. Key Takeaways Selling a stock is just as important and…
Image credit: Parsons Parsons Corporation has been appointed as the Project Management Consultant for the Dubai Metro Blue Line by Dubai’s Roads and Transport Authority (RTA). The five-year contract marks new work for the firm and reinforces its long-standing collaboration with the RTA. As part of the contract, Parsons will oversee key aspects of the project, including design review, procurement support, construction supervision, testing and commissioning, and final handover. The Blue Line is a strategic component of Dubai’s D33 Economic Agenda, which seeks to position the emirate among the world’s most advanced and connected cities by 2033. The line is…
Making ends meet can cause problems in personal partnerships and marriages. A 2024 study by Fidelity Investments found that 45% of all couples argue about money at least once in a while, and about 25% cite it as the most significant challenge to their relationships. And that’s just the day-to-day financial issues. Planning for retirement together can increase the stress factor even more. Yet, planning for your retirement years is important as a couple. Together, you should address the numerous issues that are fundamental to your future financial security. The steps below can help your discussions and decision-making. Key Takeaways…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Just over a year ago, UK electrical retailer Currys looked like a classic case of high street woes writ large. Now it is a cash flow positive business with an improving top line and a much improved share price. The trouble is that Currys is now an example of something else: the tendency for recovering retailers to find themselves permanently on probation.Last week, the high street peddler of household appliances reported full-year sales up 3 per cent year-on-year. But its pre-tax profit…
For Generation X—those born between 1965 and 1980—retirement is looming. Yet, this generation, more than others, has faced tough challenges preparing for the years ahead. Whether it’s due to having to care for aging parents and children, burdensome debt, rising healthcare costs, lack of investing confidence, or their outlook on Social Security and the economy, Gen Xers’ belief that they’re financially unprepared for retirement is widespread. Yet, there are powerful ways available to them to take control of their financial futures. Read on to learn more. Key Takeaways The average Gen X household has saved only about $40,000 for retirement,…