Author: Arabian Media staff
Stay informed with free updatesSimply sign up to the EU trade myFT Digest — delivered directly to your inbox.British government hopes of joining a pan-European trade area to reduce post-Brexit supply chain challenges for UK goods exporters are being blocked by Brussels, according to officials on both sides.The UK announced it was considering whether to join the Pan-Euro-Mediterranean (PEM) convention as part of its new trade strategy published last week, arguing it could help boost the UK’s flagging goods exports.However, the European Commission has made clear to the UK that it would not currently support such a move, according to…
The US appears to be turning its back on a scientific consensus that has relegated several diseases to history Source link
Stay informed with free updatesSimply sign up to the Climate change myFT Digest — delivered directly to your inbox.The EU’s heavy industry will be allowed to claim compensation for exports funded by the bloc’s carbon border tax in new plans covering polluters, as Brussels comes under pressure to weaken climate rules.The European Commission will propose on Wednesday that sectors such as steel, cement and aluminium should be exempt from paying for the carbon emissions of their exports to level the playing field with foreign competitors, according to two EU officials involved in the talks.The proposal comes amid heated debate over…
Stay informed with free updatesSimply sign up to the Cyber Security myFT Digest — delivered directly to your inbox.Qantas is investigating whether a hacking group that targeted UK retailer Marks and Spencer this year was behind a cyber attack that breached a database containing the personal details of 6mn of the Australian airline’s customers.The company said the hackers targeted one of its call centres on Monday and gained access to a third-party customer service platform. Qantas said it was likely that a “significant” amount of personal data had been extracted from the database, which contained customer names, email addresses, phone…
Stay informed with free updatesSimply sign up to the Asia-Pacific companies myFT Digest — delivered directly to your inbox.Growing a company can be difficult at the best of times. But with the threat of US tariffs, rising geopolitical tension and a slowing economy, now is a particularly tough time for entrepreneurs and managers. And yet despite those challenges, many companies are still managing to prove that rapid growth is possible. For the past seven years, the Financial Times and its research partner Statista have ranked high growth companies in the Asia-Pacific region. From Singapore-based energy companies to Indian scooter rental…
An Jefferies analyst thinks Apple’s stock could see ‘stable’ performance, but he voices concerns about tariffs and future sales in his latest upgrade to a hold rating. Source link
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Ministers should ditch the pensions “triple lock” as part of a wider overhaul that is needed to prevent millions of private sector workers experiencing a sharp fall in living standards when they retire, a new study has found. Some 39 per cent of company workers will face a financial cliff-edge in retirement under current arrangements, a two-and-a-half-year study between the Institute for Fiscal Studies and asset manager Aberdeen’s financial fairness charity found. The study projected half of middle and high-earning private sector…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.NHS hospitals will be able to get access to medical innovations approved anywhere across the sprawling health service under government plans to save money and cut waiting times. Currently, each of the 215 NHS trusts in England is required to ensure any new piece of equipment or technology — such as a new material for dressing wounds, or rapid flu-testing kits — is rigorously assessed and approved before being used in its hospitals or clinics.But an “innovator passport” scheme will allow new…
Less than two years after agreeing with Adobe to call off plans for a megadeal, Figma has filed IPO paperwork and could embrace Wall Street in its own right. Source link
Stay informed with free updatesSimply sign up to the Financial services myFT Digest — delivered directly to your inbox.Palmer Luckey, the billionaire co-founder of military tech group Anduril, is preparing to launch a US bank intended to fill the gap left by Silicon Valley Bank serving start-ups, including cryptocurrency businesses. To be named Erebor, the bank would be backed by high-profile tech investors including Joe Lonsdale, the founder of venture capital firm 8VC and a co-founder of Peter Thiel’s defence group Palantir, according to people familiar with the matter. Thiel’s venture capital fund, Founders Fund, would also be among the…