Author: Arabian Media staff
Portfolio manager Laura Mayfield says some individual investors “are focused on the dividend-yield return, but some might be leaving some money on the table.” Source link
Software maker Adobe was on the receiving end of a downgrade to sell, with the analyst arguing generative artificial intelligence is eroding the company’s moat. Source link
Stay informed with free updatesSimply sign up to the UK financial regulation myFT Digest — delivered directly to your inbox.Tens of thousands of UK financial services companies will have to report serious bullying and harassment by senior employees to regulators and future employers, under proposals announced on Wednesday.The Financial Conduct Authority said it would extend rules on non-financial misconduct beyond banks to 37,000 other financial services groups from September 2026. It aims to tackle the “rolling bad apples” problem of people moving between companies to avoid the repercussions of their behaviour.The watchdog said: “Serious, substantiated cases of poor personal behaviour…
The stock market has seen a historic rally this spring, but not all investors are on board. Ned Davis researchers point the finger at Democrats. Source link
U.S. drivers may pay the lowest Independence Day prices for gasoline at the pump since 2021. But whether cheaper fuel prices will stick around for the rest of the summer is a bit harder to predict. Source link
Image credit: WAM/Website Abu Dhabi’s Mubadala Investment Company has agreed to acquire a 30 per cent stake in Loscam International, a leading provider of pallet pooling and returnable packaging solutions in the Asia-Pacific region. Read-Abu Dhabi sovereign wealth fund Mubadala’s assets jump 9% in 2024 Mubadala joins existing shareholders Trustar Capital—the private equity arm of CITIC Capital Holdings—FountainVest Partners, and Sinotrans Limited, a subsidiary of China Merchants Group. Headquartered in Hong Kong, Loscam operates across 12 markets including Australia, New Zealand, Southeast Asia, and Greater China. The company supplies sustainable logistics and pooling solutions to major players in fast-moving consumer…
Stay informed with free updatesSimply sign up to the US financial regulation myFT Digest — delivered directly to your inbox.In July 2007, the FT interviewed Citigroup’s then-CEO Chuck Prince in Tokyo, and asked him about the buyout boom. The answer was a banger, given the debacle that would soon unfold:When the music stops, in terms of liquidity, things will be complicated. But as long as the music is playing, you’ve got to get up and dance. We’re still dancing.Some have defended the quote as being narrowly about acquisition finance, which was indeed still humming along (albeit increasingly out of tune).…
Oil prices edged higher on Tuesday as investors took stock of positive demand indicators, while also treading cautiously ahead of an OPEC+ meeting to decide the group‘s August output policy. Brent crude LCOc1 settled up 37 cents, or 0.6 per cent, at $67.11 a barrel, while US West Texas Intermediate crude CLc1 settled 34 cents higher, or up around 0.5 per cent, at $65.45 a barrel. The gains were likely due to supportive data from a private-sector survey in China, which showed factory activity returned to expansion in June, said Randall Rothenberg, a risk intelligence expert at US oil brokerage Liquidity Energy. Expectations that Saudi Arabia will raise its August crude oil prices for buyers…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The Supreme Court has ruled that the wife of a wealthy financier was not entitled to half the £78mn he gave her because he had made the money before their marriage, setting a precedent for how divorcing couples divide up their assets.Clive Standish transferred investments worth £78mn to his wife, Anna Standish, in 2017. The couple married in 2005 and initiated divorce proceedings in 2020.The original judge in the case had awarded Anna Standish £45mn, which was reduced by the Court of…
“There is tension in the house. When I say anything, I am immediately wrong — unless my daughter wants something, and then she’s sickly sweet.” Source link