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 UK government pledged to spend close to £500mn on transport and infrastructure improvements to secure the vast Bedford theme park planned by US media group Comcast, said people close to the talks.The scale of taxpayer support from a government under tight fiscal pressure is a sign of Prime Minister Sir Keir Starmer’s desire to attract billions of dollars of inward investment as he tries to boost the stagnant UK economy.Comcast, which was considering other countries for the site of its first…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Brussels is poised to announce new rules for the fast-growing stablecoin market, shrugging off warnings from the European Central Bank that the standards could destabilise the region’s banks during periods of market volatility.The European Commission, the EU’s executive arm, is planning to issue formal guidance proposing that stablecoins issued outside the bloc are treated as interchangeable with same-branded versions allowed only on EU markets, according to people briefed on its contents. The announcement was set for the coming days, said a person…
As the markets for weight-loss drugs develop, pharma companies are having to adapt in search of the next big thing. Source link
Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldUS Senator Elizabeth Warren has demanded that some of the country’s biggest private investment groups give up information about their lobbying efforts to secure tax breaks in Donald Trump’s spending bill, as debate intensifies about the landmark legislation’s winners and losers.The senator from Massachusetts, one of the leaders of the Democrats’ liberal wing, called on Blackstone, KKR, Apollo Global Management, Bain Capital and Thoma Bravo to provide details on any lobbying and political contributions intended to maintain “special-interest tax loopholes”.“It…
Image: Emirates Emirates has resumed its regular flight operations after experiencing only minor disruptions on June 23 following regional airspace closures. The Dubai-based carrier confirmed that scheduled services were back online within hours, with no flight diversions, only a small number of cancellations, and some rerouted paths due to airspace congestion. In a statement issued by Emirates and published on its website, the airline said it had “quickly activated its robust contingency and disruption plans”, ensuring continued connectivity for travellers across its global network. “Emirates’ passengers experienced minimal disruptions to their travel plans after last night’s regional events,” the airline…
“He is handsome and popular and has maintained good grades. My friend wanted to do something special.” Source link
Pitching for legal business as a law firm once meant gaining an understanding of the client’s needs and demonstrating how the firm might meet them. At Ashurst, however, a recent request for proposal came with a new demand: that the firm show how it would combine generative artificial intelligence with human expertise to handle the client’s legal projects.Whether for making pitches or training junior associates, AI is becoming a dominant presence in legal workplaces, requiring both law firms and companies’ in-house legal teams to navigate complex new working relationships between human experts and digital tools. For Ashurst, the pitch involved going…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Some vaccines may reduce the risk of dementia through a double effect in which the jabs help protect the brain through their added “adjuvant” chemicals as well as by suppressing viruses, according to a study by Oxford university.The analysis of health records of 430,000 people in the US, published on Wednesday, found that vaccination against respiratory syncytial virus (RSV) with GlaxoSmithKline’s Arexvy was associated with a 29 per cent decrease in diagnoses of Alzheimer’s and other forms of dementia during the following…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Lawyers like to think they are different from other professionals. But when it comes to managing other lawyers, just how different are they, and is it time to tap more leaders from beyond the law?Law firm leaders face many of the same pressures as all business leaders: rising global and local competition, demographic change, client pressure for greater efficiency and more transparent pricing, increasing threats of takeover and consolidation, and raging culture wars.Overlaying, amplifying and accelerating these trends is the rapid spread…
Real estate mogul Barbara Corcoran has opened up about the controversial methods she used to achieve success —from quirky costume parties to staging publicity stunts. Source link