Author: Arabian Media staff
The U.S. continues to show it’s serious about punishing Iran for its nuclear ambitions and support for terrorism, but tighter sanctions on Tehran risk being a shot in the foot for America’s plans to keep crude-oil prices low. Source link
This article is an on-site version of our Chris Giles on Central Banks newsletter. Premium subscribers can sign up here to get the newsletter delivered every Tuesday. Standard subscribers can upgrade to Premium here, or explore all FT newslettersIn the country club atmosphere of Sintra, Portugal last week, the world’s leading central bankers set out to explain their monetary policies, rather than signal any changes. They were in no doubt they were the right people to deliver monetary messages to the public. I am not suggesting any arrogance. Andrew Bailey, Bank of England governor, urged humility, because, he noted, central…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Marks and Spencer enlisted the help of the US FBI agency after a sustained cyber attack, the British retailer’s chair told a parliamentary select committee. Archie Norman told the cross-party business committee on Tuesday that the retail chain “had an exchange with the FBI, who were very supportive” as they are “more muscled up in the zone”. The retailer has also been working with the UK’s National Crime Agency and the National Cyber Security Centre (NCSC) since the attack. The M&S chair…
U.S. government debt will face a crucial test from investors this week as it readies a series of Treasury auctions Source link
This article is an on-site version of our Energy Source newsletter. Premium subscribers can sign up here to get the newsletter delivered every Tuesday and Thursday. Standard subscribers can upgrade to Premium here, or explore all FT newslettersWelcome to Energy Source, coming to you from New York, where people are back at their desks after the July 4 weekend.The latest news from another US-British struggle — activist investor Elliott Management’s drive to revamp BP — is that the laggard oil major has appointed the former chief financial officer of its rival Shell, Simon Henry, to its board.Henry has considerable experience in oil…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The head of one of Japan’s most powerful business lobbies has accused the government of a “mistake” in its trade negotiating strategy with the US, after President Donald Trump announced 25 per cent tariffs on Washington’s closest Asian ally.Takeshi Niinami, chief executive of Suntory and chair of the influential Japan Association of Corporate Executives, said that Japan’s insistence on a total exemption from Trump’s tariffs may have left the US president feeling “betrayed”, adding that the country could have secured a 10…
Goldman say resilient earnings, earlier and bigger Fed rate cuts and more investor buying of stocks will drive the S&P 500 higher from here. Source link
Stay informed with free updatesSimply sign up to the Oil & Gas industry myFT Digest — delivered directly to your inbox.BP and Shell have signed agreements to assess new opportunities in Libya, as international oil majors step up their return to the North African country more than decade after it collapsed into civil war.Libya, which has huge reserves of oil and gas, remains one of Africa’s largest producers but has suffered from under-investment after international oil companies largely pulled out due to the fighting that followed the overthrow of strongman Muammer Gaddafi in 2011.The country remains divided between a UN-backed…
From virtual hospitals to AI-powered diagnostics, the Middle East is rapidly becoming one of the world’s most dynamic frontiers for digital health. Governments across the region are making bold investments in healthcare innovation, with the UAE and Dubai leading the charge. Fuelled by national transformation strategies and the rise of change-making platforms like WHX Tech, the region is no longer just participating in the global health tech movement. It’s helping define it. A sector on the rise In the UAE, the digital health market is poised for exponential growth. Valued at $745.7m in 2024, it is projected to reach $2.6bn by…
Research updates on investor positioning from JPMorgan and Citi indicate that bullish exposure is high, potentially setting up the circumstances for a near-term correction in U.S. risk assets. Source link