Author: Arabian Media staff
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The UK authorities are challenging an average of more than 40 suspected members of the Russian “shadow fleet” every month as they pass the British coast, UK government figures show.UK maritime authorities have challenged 343 vessels about their insurance status between October and June, as part of intensifying European efforts to put pressure on Russia’s oil exports. It is the first time that official UK figures have been released, and give an early insight into how insurance compliance is being used to…
Image credit: WAM/Website The Abu Dhabi Securities Exchange (ADX) recorded robust performance across its core indicators during the first half of 2025, marking a strong start to the year and underlining growing investor confidence in the market. According to official ADX data, foreign net investment surged by 99.5 per cent year-on-year, reaching Dhs13.6bn in H1 2025, compared to Dhs6.84bn in the same period in 2024. The total trading value also experienced a notable increase of 33.5 per cent, rising from Dhs134.4bn to approximately Dhs179.5bn, a WAM report said. Meanwhile, the average daily trading value climbed by 31.4 per cent, up…
Stay informed with free updatesSimply sign up to the Chinese business & finance myFT Digest — delivered directly to your inbox.Chinese investors are driving a sharp rally in mainland bank stocks listed in Hong Kong, as they hunt for alternatives to the near-record low yields offered by government debt.The Hong Kong shares of China Construction Bank, Agricultural Bank of China and Industrial and Commercial Bank of China have risen 36 per cent, 33.7 per cent and 25.4 per cent respectively over the past six months, beating the Hang Seng index as mainland Chinese investors pour record amounts of money into…
Artificial intelligence group has added fingerprint scans and hired military experts to protect important data Source link
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.More than half of young adults in the UK have, or are considering, altering “major life milestones” to cope with strained financial circumstances, new research has found.More than one in two 18- to 34-year-olds (56 per cent) have either had to delay or cancel significant life events or have “been forced to rethink” pursuing them due to financial concerns, according to wealth adviser St James’s Place, which surveyed 6,000 UK adults.To save money and avoid overspending, one in 10 of those surveyed…
Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldThis article is an on-site version of our Unhedged newsletter. Premium subscribers can sign up here to get the newsletter delivered every weekday. Standard subscribers can upgrade to Premium here, or explore all FT newslettersGood morning. Tesla stock fell nearly 7 per cent yesterday after Elon Musk announced over the weekend that he will start a new US political party. The carmaker’s investors have demonstrated, quite clearly, that they are tired of the billionaire’s political antics. Musk either doesn’t care…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The author is vice-chair at Oliver Wyman and former global head of banks and diversified financials research at Morgan StanleyOnce the domain of pension funds, insurers and the uber-wealthy, private credit is undergoing a quiet transformation. Product innovation and technological advances are rapidly opening the door to a new class of investor: individuals who are affluent but not in the top-tier of the ultra-rich. One blended fund that invests in public and private assets now has a minimum investment of just $1,000.The…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Holding a virtual monopoly in a product on which the artificial intelligence boom relies should be a golden ticket. For chipmaker Nvidia, it has been. But ASML, which makes extraordinarily complex machines that etch silicon and is no less integral to the rise of AI, has found that ruling the roost can still be an up-and-down affair.The €270bn Dutch manufacturer, which reports its earnings next week, is a sine qua non of technology; chips powering AI and even fridges are invariably etched…
Two big weekend scoops: In case you missed it, over the weekend the FT published two explosive stories on the Gaza Humanitarian Foundation, the controversial aid project that’s been blighted by the deaths of hundreds of Palestinians.The stories show how Boston Consulting Group’s involvement in the project went far beyond what the strategy firm had publicly described. It’s the latest in a litany of scandals that have beset some of the world’s most elite management consultancies.Staff from Tony Blair’s non-profit also took part in a project with BCG to develop postwar plans for the enclave, sharing ideas that included a…
Stay informed with free updatesSimply sign up to the Private equity myFT Digest — delivered directly to your inbox.The biggest US private equity firms have abandoned a controversial practice of hiring promising graduates about to start work at investment banks for roles due to begin years later. No large buyout firm has launched its “on-cycle” recruitment process during the traditional June window since JPMorgan Chase chief executive Jamie Dimon said last month that the bank would terminate junior analysts accepting future-dated jobs. The decision to halt on-cycle recruiting came after several firms had already started pre-screening “coffee chat” sessions with students…