Author: Arabian Media staff
Image: RTA/ X Dubai’s Roads and Transport Authority (RTA) has announced it will implement a two-month traffic diversion at the Al Barari Underpass on Sheikh Mohammed Bin Zayed Road (E311), starting at midnight on June 28. The move is part of a broader infrastructure initiative to improve rainwater and groundwater drainage and resurface roadways. Motorists are being directed to reroute via the Dubai–Al Ain Bridge for U‑turns toward Jebel Ali, or the Global Village Underpass and Umm Suqeim Street intersection for U‑turns toward Sharjah to avoid delays. لتنفيذ أعمال نظام تصريف مياه الأمطار والمياه الجوفية وإعادة رصف الإسفلت، سيتم تطبيق تحويلة مرورية عند معبر…
Nvidia and Microsoft were soaring as tech analysts keep releasing optimistic calls on the sector. Source link
Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldDonald Trump said the US was “terminating” trade talks with Canada in retaliation against a new digital services tax on tech companies, reopening a trade war between the countries after months of détente. “We have just been informed that Canada, a very difficult Country to TRADE with . . . has just announced that they are putting a Digital Services Tax on our American Technology Companies, which is a direct and blatant attack on our Country,” the US president posted on his Truth Social platform. “Based…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The writer is founder and editor of Footnoted.comWhen Lululemon held its annual general meeting earlier this month, there was a single shareholder proposal from a small group called Bowyer Research. questioning the Vancouver-based athleisure company’s devotion to various woke causes including the company’s Centre for Social Impact, which gives grants to various non-profits.According to Bowyer’s proposal filed in Lululemon’s proxy statement on April 29, the company provided grants to a campaign called “Don’t Ban Equality” which focuses on reproductive healthcare issues, including…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Friedrich Merz’s government is examining ways to block any attempts to reactivate the Nord Stream gas pipelines linking Germany with Russia.Berlin is considering strengthening its investment screening laws to ensure they catch any changes in ownership that could enable the pipelines to be reactivated, according to correspondence from the economy ministry. In a written response to questions from Green MPs about the pipelines seen by the Financial Times, the ministry said it was “currently discussing whether there will be a legal amendment…
Stay informed with free updatesSimply sign up to the Investments myFT Digest — delivered directly to your inbox.Buying energy stocks at the beginning of a potential energy crisis is one way to offer some protection against whatever comes next from the Middle East. Jadestone Energy could see both an operational and price upswing in the coming weeks if tensions remain high around the Strait of Hormuz. Jadestone director Gunter Waldner will certainly be hoping as much. Last week, the fund for which he is co-chief investment officer, Tyrus Capital, bought another £933,333 of shares, taking its stake in the company to 27.4…
Friday’s rally in U.S. stocks, which sent the S&P 500 to an intraday record high, was getting help from solidifying expectations of traders around the likelihood of at least three quarter-point rate cuts from the Federal Reserve by year-end. Source link
Jes Staley conceded that it would have been easier not to have been friends with convicted paedophile Jeffrey Epstein. At no other time was that sentiment, expressed during the former Barclays boss’s cross-examination in a London courtroom in March, more true than on Thursday. The 68-year-old American found out that he had failed in his bid to overturn a lifetime ban imposed on him by the UK’s Financial Conduct Authority over his ties to Epstein, the dead financier and prolific sex offender. “The loss of his long-standing career is an inevitable consequence”, read the judgment of the Upper Tribunal, which heard…
Global Village, the UAE’s leading multicultural family destination for culture, shopping, and entertainment, has announced it is now accepting business proposals for its retail shops and guest services categories for the highly anticipated Season 30. Read-Dubai Summer Surprises 2025: What’s in store for the next 66 days This announcement follows the park’s record-breaking Season 29, which welcomed an unprecedented 10.5 million visitors, solidifying its position as one of the most beloved and visited destinations in the region. Entrepreneurs and businesses interested in expanding or launching their ventures now have the opportunity to tap into Global Village’s expansive international audience. Whether…
Countries like Denmark and China show that innovation and investment are essential to meet the needs of people who are living and working longer. Source link