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 an economist and also sits on the board of the Bank of China (UK). He writes in a personal capacityChina faces a currency trilemma. Should its policy be for the renminbi to strengthen, depreciate or stabilise? There are immediate arguments against each option so a longer-term approach is needed.Beijing should encourage a stronger renminbi and adjust domestic policy so this is seen as credible by the financial markets. It would suit China’s longer-term ambition of a stronger future role…
The Trump Organization’s bid to enter the smartphone industry with a ‘Made in America’ device and mobile plan has seen it partner with a small network registered at a luxury apartment in the beachfront Trump Tower Miami.The business led by the US president’s sons Donald Trump Jr and Eric Trump has tapped Liberty Mobile Wireless to help leverage the family’s brand to crack the mobile network market — and to push President Trump’s ambition to bring smartphone manufacturing to the US. The US president has threatened companies like Apple with 25 per cent tariffs unless they shift production, a logistical challenge…
This article is an on-site version of our FirstFT newsletter. Subscribers can sign up to our Asia, Europe/Africa or Americas edition to get the newsletter delivered every weekday morning. Explore all of our newsletters hereToday’s agenda: Suicide bombing in Damascus; Spain’s Nato target opt-out; Revolut CEO in line for windfall; and Tesla’s robotaxisGood morning, and welcome back to FirstFT. The US has been drawn into another Middle East war, bombing three nuclear sites in Iran yesterday. Here’s what happened, and what to expect.The situation now: US B-2 stealth bombers led an attack on Fordow, Natanz and Isfahan using what defence…
The British Chamber of Commerce Dubai (BCCD) is keeping the momentum going all summer long. From curated business introductions and summer networking events to brand exposure across its platforms, there’s no slowdown in sight. Whether staying in Dubai, travelling to the UAE for work, or managing business remotely, BCCD supports members year-round with targeted networking, brand visibility, and curated business development opportunities. Building on the success of last year’s series, BCCD will once again collaborate with Dubai-based international business councils to host weekly evening networking events across the city’s top venues. With more than 1,000 members already, businesses can stay…
US and Israeli attacks hit key nuclear sites but questions remain over stash of enriched material Source link
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The EU should use its trade and visa policies to pressure less developed countries to take back migrants from Europe, Belgium’s migration minister has said, as the bloc hardens its stance on immigration to counter a resurgent far right.Anneleen Van Bossuyt, a rightwing nationalist politician, told the Financial Times that the bloc should “make more use of the leverage” it has on poorer nations who benefit from EU tariff exemptions or faster visa procedures. The move would be a departure from Brussels’…
Images: Dubai Media Office/ RTA Dubai’s Roads and Transport Authority (RTA), in collaboration with real estate developer Emaar Properties, has announced the expansion of the Burj Khalifa/Dubai Mall Metro Station to accommodate surging passenger traffic, particularly during public holidays and high-profile events such as New Year’s Eve. The expansion will increase the station’s total area from 6,700 to 8,500 square metres, boosting its hourly capacity by 65 per cent — from 7,250 to 12,320 passengers. Once completed, the upgraded station will be able to serve up to 220,000 passengers per day, according to a statement by the RTA. Burj Khalifa/Dubai…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.A union of Starbucks baristas is publicly recruiting labour organisers to seek jobs inside cafés, escalating its campaign to represent workers just as the company aims to hire thousands of new ones. Workers United is inviting people over social media to be trained as organisers in hopes they will take jobs at Starbucks and persuade peers to join the union. The group says it has won elections at 600 of Starbucks’ more than 10,300 company-operated US stores. The push comes as Starbucks executives…
Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldDonald Trump’s trade war will hit common US household goods from Monday when US steel tariffs begin to apply to washing machines, fridges and ovens, threatening to push up prices for American consumers.The new tariffs are in addition to the Trump administration’s existing 50 per cent tariffs on imports of steel and some steel items, and will apply to the steel content of the goods, according to the commerce department.The new tariffs will apply to imports of items including dishwashers,…
Image: Supplied “A computer would deserve to be called intelligent if it could deceive a human into believing that it was human.” Alan Turing We have come a long way since the beginning of modern AI in the 1950s and especially in the last few years. I believe we are now at the tipping point where AI is changing the way we do research and changing the way industry interacts with these technologies. Politics and society are having to adjust and make sure that AI is used in an ethical and secure way, and also that privacy concerns are addressed.…