Author: Arabian Media staff
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Tesla’s deliveries fell for a second straight quarter as the electric vehicle maker contends with slumping demand in Europe and rising competition from western and Chinese rivals.The company, led by Elon Musk, delivered 384,122 vehicles in the three months to the end of June, below the 389,000 forecast by analysts and down 13 per cent from 443,956 in the same period last year. The second-quarter figure was a slight improvement from the first three months of the year when it delivered 336,681 cars…
A 2024 report by Empower revealed that one in five Gen Zers and millennials tag the “fake it ‘til you make it” philosophy as being the secret to success in life. The concept has its champions, from social media influencers and marketers to entrepreneurs and small business owners. Even the American folk rock duo, Simon & Garfunkel, effectively owned up to embracing this mindset in their 1968 single “Fakin’ It.” But what effect can faking experience and expertise have on your personal finances? Should you spend with abandon, maybe go into debt, and pretend you know what you’re doing in…
A legendary investor known for contrarian bets says the best against-the-grain trade available at the moment would be to buy Chinese stocks. Source link
Move over tariffs. Investors have a new top concern as the second half of the year kicks off. Source link
Centene’s stock suffers a historic plunge as underestimation of healthcare costs leads the insurer to withdraw its full-year earnings outlook. Source link
Stay informed with free updatesSimply sign up to the Climate change myFT Digest — delivered directly to your inbox.An $88mn satellite backed by Google, Jeff Bezos and Elon Musk’s SpaceX has been lost in space, in a blow to global efforts to detect the planet-warming emissions of the powerful greenhouse gas methane from the oil and gas industry. The MethaneSAT satellite was launched in March 2024 aboard SpaceX to monitor plumes and leaks of methane, an invisible greenhouse gas responsible for almost a third of the world’s warming in the industrial era. But this week, MethaneSAT said the satellite had “lost power…
Privately run businesses reduced jobs in June for the first time in more than two years, as ongoing U..S. trade wars created a “hesitancy to hire and a reluctance to replace departing workers,” the payroll processor ADP said Wednesday. Source link
The UAE’s General Civil Aviation Authority (GCAA) has announced the launch of the world’s first regulatory framework for hybrid air operations, paving the way for electric Vertical Take-Off and Landing aircraft (eVTOLs) and traditional helicopters to operate interchangeably using shared infrastructure. Marking a major milestone in the global integration of Advanced Air Mobility (AAM), the new framework enables both aircraft types to use the same helipads and airspace, offering a cost-efficient infrastructure model and streamlining operational deployment. It is in line with the UAE government’s broader strategy to implement high-efficiency, non-bureaucratic solutions across emerging sectors. Saif Mohammed Al Suwaidi, director-general…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.When the US imposed a 25 per cent tariff on imported Japanese cars, the expectation had been higher sticker prices for US consumers and falling sales. The assumption was that the added costs to exporters would inevitably be passed down the line. Yet, months into the policy, the outcome has proven far less dramatic.Japanese automakers’ US sales have shown surprising resilience. Toyota, for example, hit a global sales record in May, with North America sales up more than a tenth. Part of…
Hi-ho silver: Industries need it; monetary rebels want it; and state governments are whispering about silver as money again. Source link