Author: Arabian Media staff
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Singapore’s sovereign wealth fund GIC has partnered with private equity to take a minority stake in Klick Health, valuing the healthcare marketing agency that worked on this year’s Super Bowl commercial for Aspirin at almost $2.5bn.Under the terms of the deal, GIC, one of the world’s biggest institutional investors, and healthcare-focused private equity group Lyndon Capital Partners will buy out a minority stake owned by rival firm GTCR, two people briefed on the matter said. Klick’s two Canadian co-founders will retain a…
When it comes to managing your money, a few decisions can be as tricky as deciding between paying off debt or saving for retirement. Both are important to your financial well-being, so how do you decide? There is no single answer for everyone, and the decision will vary based on the individual. In this article, a few financial planners provide their insights, taking into account factors like interest rates, emotional stress, and financial habits, that can help you chart your own course. Key Takeaways If your debt has a very high interest rate, about 8% to 10% or more, paying…
When the Covid-19 pandemic forced the UK into lockdown in 2020, people up and down the country turned to baking sourdough bread and yoga. For Redinel and Oerta Korfuzi, the restrictions gave cover for a different pursuit: insider trading.As a result, the Albanian siblings are now facing a new form of lockdown. On Friday, a London judge sentenced former Janus Henderson research analyst Redinel Korfuzi, 38, to six years in prison and his sister Oerta Korfuzi, 36, to five years.“This case has elements akin to a Greek tragedy where an individual of some standing is brought crashing down by a…
Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldRich nations are turning on the fiscal taps. On Friday, Donald Trump is set to finally sign his “big, beautiful bill” into law. The tax-cutting legislation is estimated to add more than $3tn to the US deficit over the next decade. On Thursday in Japan — where public debt is over two and half times the size of its economy — parties kicked off campaigns for upper house elections promising cash handouts and cuts to sales taxes. And just a…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The writer is chief executive of the Nuffield TrustAfter 12 months in office, and as the NHS hits its 77th anniversary, the government this week unveiled its 10-Year Health Plan. But unlike the two other NHS plans published in the past decade, Labour’s landed with no downpayment of extra money beyond recently pledged funds that will just about keep the service’s lights on and cover the pay cheques of its 1.5mn staff.At 168 pages, the plan is as ambitious as it is…
You may have noticed that, lately, your online shopping packages are arriving a little earlier—or later—than expected. Why? As of April 1, 2025, the U.S. Postal Service (USPS) is rolling out sweeping changes to its delivery standards, part of a 10-year overhaul known as Delivering for America. While some customers may see faster mail service, others—especially in rural areas—may experience slower delivery. The bottom line? USPS wants to cut costs and stabilize operations, but that could mean trade-offs for everyday consumers. Key Takeaways USPS is updating delivery timelines for several mail types, aiming to save $36 billion over 10 years.About…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Professional cyclists thrive on suffering: how else to explain the 184 riders who this weekend begin three weeks of pedalling an average 159km a day around France? Alas for the sport, its business model seems equally masochistic, leaving even the most successful teams at perennial risk of collapse. A budget cap would at least ease the sport’s financial hardship.Teams are the linchpin of sports from baseball and football to motor racing, developing an identity that fans can support. That takes funds. But…
Happy Friday! We’re going to try to shift this Q&A feature a bit earlier in the week in the future, but here’s an interview with Rob Gardner, a veteran of the UK investment industry with lots of interesting jobs under his belt.Gardner co-founded the investment consultancy Redington in 2006, before he left to become investment director of St James’s Place in 2019, and chair of the investment manager Rowan Dartington in 2021. Gardner then left those roles to found Rebalance Earth — a natural capital firm — where he is currently CEO. He also co-founded RedSTART, a financial education charity…
2025 Long-term Capital Gains Rates (for Taxes Due in 2026) Filing Status 0% Tax Rate 15% Tax Rate Single $48,350 $48,351–$533,400 Married filing jointly $96,700 $96,701–$600,050 Married filing separately $48,350 $48,351–$300,000 Head of household $64,750 $64,751–$566,700 Applicable to the Sale of a Principal Residence Requirements and Restrictions If you meet the eligibility requirements of the IRS, you’ll be able to sell the home free of capital gains tax. However, there are exceptions to the eligibility requirements, which are outlined on the IRS website. The main major restriction is that you can only benefit from this exemption once every two years.…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.There goes another one. KKR’s £4.7bn purchase this week of Spectris, a high-tech equipment maker, is only the latest in a series of buyouts of UK mid-market companies. Lowly valuations are attracting bargain hunters. But investors wishing to take a punt on the next target will need to pick very carefully. KKR’s bid, at a hefty 96 per cent premium, pipped that of rival private equity rival Advent International to take out the fifth-largest group in the FTSE 250 and the index’s fourth…
