Author: Arabian Media staff
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The writer is a partner at law firm Maurice Turnor GardnerThe inexorable rise in prominence of the family office during my professional life has tested the world of the private client lawyer. The evolution of the family office from a few individuals working in the principal’s business to a fully fledged standalone enterprise reflects the increasing complexity of the lives of successful families. But where does the lawyer sit these days? And how do they avoid falling victim to family office machinations?Unlimited…
Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldJapan has said it will not sacrifice its farmers to secure tariff exemptions from the US, as Tokyo and Washington hardened their positions in a rice diplomacy stand-off and hopes of an imminent trade deal between the allies faded.The comments from Japan’s chief cabinet secretary Yoshimasa Hayashi on Tuesday came as Donald Trump cast Japan, among other countries, as “spoiled” and the latest round of trade negotiations in Washington ended without clear progress.“We are not thinking about doing anything that…
The US dollar languished at its weakest against the euro since September 2021 on Tuesday, as President Donald Trump’s spending bill stoked fiscal worries while uncertainty around trade deals remained a drag on sentiment. Investors have also started wagering on a quicker pace of monetary policy easing by the Federal Reserve this year ahead of a slew of US economic data this week, headlined by Thursday’s non farm payrolls report. Read-Is the dollar driving gold prices down? Here’s what you need to know That spurred dollar-selling, leaving the euro perched at a near four-year high of $1.1808. The single currency…
Spain has become a test of Europe’s ability to boost its hard power as Nato’s most reluctant military spender seeks to catapult Indra, a company once ambivalent about defence, into the sector’s top tier.The Spanish government, which owns 28 per cent of the group, is refusing to spend as much as its peers on defence but is backing Indra’s transformation from an IT-led business known for radars to an aspiring member of the military big league.“Right now we’re awash with work, with a tonne of possibilities,” Ángel Escribano, Indra chair since January, recently told foreign reporters, adding that “at least…
A private healthcare facility in London co-managed by its consultants is expanding as the NHS struggles Source link
An average holding period of three years meant some of the bets made in the 2022 sell-off started to come good for Whetstone Capital this spring. Source link
Proposals are largely an attempt to undo the damage caused by its last ‘once in a generation’ reform Source link
Stay informed with free updatesSimply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox.A note of threat has crept into the otherwise optimistic language of those who champion the adoption of artificial intelligence. You can hear it in the rhetoric of UK technology secretary Peter Kyle, who told workers and businesses this month: “Act now, and you will thrive into the future. Don’t, and I think that some people will be left behind.” You can hear it in the marketing spiel used by software companies such as Salesforce: “Companies that fail to leverage AI in…
This article is an on-site version of our Europe Express newsletter. Premium subscribers can sign up here to get the newsletter delivered every weekday and fortnightly on Saturday morning. Standard subscribers can upgrade to Premium here, or explore all FT newslettersGood morning. Today, as the Danish EU presidency dawns, the country’s EU minister tells me why they’re focusing their six months on bombs and businesses. And our Balkans correspondent reports on increasingly violent protests in Serbia against the Vučić government.Protect and prosperDenmark takes on the mantle of steering the EU’s often unruly 27 member states today with a no-nonsense approach:…
Stay informed with free updatesSimply sign up to the Oil & Gas industry myFT Digest — delivered directly to your inbox.Two of the Middle East’s largest oil companies are scaling back their multibillion-dollar acquisition sprees as expectations of a sustained drop in oil revenues curb their global dealmaking. Saudi Aramco, the world’s number-one crude producer, and Abu Dhabi National Oil Company, known as Adnoc, have been the industry’s most active buyers over the past three years, announcing more than $60bn of acquisitions to expand into gas, chemicals and lubricants. But advisers and people familiar with their thinking said the Gulf energy…