Author: Arabian Media staff

One fund manager says to ditch Tesla and Apple and buy Oracle and Broadcom. Here’s why. Source link

Molina Healthcare cuts its profit outlook, but its stock is rising after tumbling last week in response to rival Centene’s warning. Source link

The Social Security Administration (SSA) handles applications for Social Security benefits, including retirement, disability, survivor, and more. You can apply for any kind of Social Security benefit in the comfort of your home, without having to make an appointment or wait in line at a local SSA office. The online application process is secure, convenient, easy, and fast. Key Takeaways There are four types of Social Security benefits you can apply for online: retirement, disability, Supplemental Security Income, and survivor benefits. To apply online, create a my Social Security account with the SSA to submit your application, as well as…

Dow to close three plants and cut 800 jobs in addition to the 1,500 job cuts announced in January. Source link

Image courtesy: Dubai Media Office/ Website Dubai has announced an ambitious initiative to rank among the world’s top five cashless cities by 2033, aiming to unlock over $2bn in economic value by mandating digital payment acceptance across all businesses. This vision aligns with a global shift toward digital economies, where cashless transactions are lauded for their speed, security, and transparency. A key pillar in this transformation is the development and implementation of Central Bank Digital Currencies (CBDCs), which are gaining traction worldwide as governments seek more accountable, efficient financial tools.  CBDCs: The next-gen tool for transparent payments CBDCs—digital currencies issued…

86% of reserve managers surveyed do not expect MAGA policies to boost U.S. Source link

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.A maternity wear group that was part of the 2021 rush of London stock market listings is on the verge of collapsing into administration, two years after being taken private by its former backers at a 90 per cent discount.Seraphine Group, whose clothes were worn by Catherine, Princess of Wales, during her pregnancies, has filed notice to appoint administrators from Interpath Advisory, people familiar with the matter told the Financial Times. Seraphine floated in July 2021 with “BUMP” as its stock market…

In March 2025, the U.S. imported more pharmaceutical preparations than any other product, totaling $50.4 billion. This was an increase of 71% from February 2025, largely due to Trump’s tariffs. The largest import category was consumer goods at $103.2 billion, of which pharmaceutical preparations fall under. Key Takeaways The U.S.’s top import is pharmaceutical preparations, which surged in March 2025 due largely to companies stockpiling in the face of possible new tariffs by the Trump administration.A large portion of the United States’ medicines come from countries like Ireland and Germany, showing just how dependent the U.S. is on foreign-made drugs.The…

Drake & Scull International (DSI), a long-established name in MEP contracting and infrastructure services, has announced its foray into commercial real estate development with the acquisition of a prime plot in Majan, Dubai. The move marks a strategic diversification of the company’s operations as it prepares to build a modern mixed-use commercial property from the ground up. A strategic shift in business focus This new venture signals a pivotal evolution in DSI’s business model, transitioning from its traditional role as a contractor to that of a full-fledged developer. The project reflects DSI’s intent to broaden its revenue base and establish…

This article is an on-site version of our Trade Secrets newsletter. Premium subscribers can sign up here to get the newsletter delivered every Monday. Standard subscribers can upgrade to Premium here, or explore all FT newslettersWriting this newsletter used to have a predictable process. I would get the bulk of it done on Thursday and Friday and then polish, format and file it on Sunday night after the kids were in bed. These days, thanks to Donald Trump’s 24-hour trade policy circus (see the FT Trump trade tracker here), I could start writing it at dawn on Monday, but it…