Author: Arabian Media staff
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.BT is set to carve out its international business into a new standalone unit, as chief executive Allison Kirkby continues to consider a potential sale of the telecoms group’s non-UK operations.The new division — which will comprise more than 8,000 staff — will report separately from the company’s UK business, according to a person familiar with the matter.The FTSE 100 group is open to a sale of the carved-out unit, or it could seek to merge it with another operator, the person…
As a founder, there are many things you have to consider, such as product development, marketing, accounts, and much (much!) more. Understandably, it can be easy to get caught up in the day-to-day requirements and not think enough about the steps you need to take to future-proof your business. One such step is developing excellent leadership skills. In this article, I’ll share with you some great tips you can use to develop leadership skills in 2025 and ensure you are perfectly placed to grow and scale your business effectively. Short on time? Here are the key takeaways Work on your…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Ports and shipping lines are braced for a “whipsaw” in demand as businesses race to stockpile Black Friday and Christmas goods during the 90-day ceasefire in the US-China trade war.Analysts warned that the sharp drop-off in container ship bookings from China to the US following President Donald Trump’s April “liberation day” tariff announcements would now be followed by an equally rapid surge in imports that will test port handling capacity.“First we’ll see a massive drop in cargo arriving in US ports; then…
The income approach measures a country’s gross domestic product (GDP) based on the accounting principle that all expenditures should equal the total income generated by producing the economy’s goods and services. The income approach assumes that there are four major factors of production in an economy and that all revenues must go to one of these sources. Add together all of the sources of income over a period and make adjustments for taxes, depreciation, and foreign-factor payments. Key Takeaways The expenditure approach and the production approach are two alternate ways to measure GDP. GDP provides a broad snapshot of a…
Abu Dhabi’s Hub71 and Google have launched the Google for Startups Accelerator, a joint programme to scale AI-focused startups within Hub71+ AI. A total of 26 startups from the Hub71 community have been selected to join the inaugural cohort, gaining access to a tailored three-month curriculum. Startups will gain access to Google’s global network of mentors, engineers, product leaders and Google Cloud credits. Abu Dhabi startups Top-performing startups will be eligible for up to $300,000 in credits, the highest tier of support available through the programme globally. They will also be considered for Google Cloud Platform (GCP) ecosystem tier credit…
Initial jobless claims held steady at 229,000 in the week ending May 10, the Labor Department said Thursday. Source link
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Waiting lists for routine hospital treatment in England have risen for the first time in seven months, in a blow to the government’s claim that the backlog in NHS care is easing.Patients were waiting for 7.42mn appointments at the end of March, an increase of 18,751 from February, NHS data showed on Thursday. The figure had been going down each month since August, when it stood at 7.64mn. Reducing waiting times and improving NHS performance has become a cornerstone of how the Labour…
Do you have a grasp on the potential niche your brand might operate within? While niche markets are much smaller than broad ones, successfully tapping into them can be incredibly lucrative in the long run. In this article, I will show you the value of moving into niche markets, and how to reach the target audience of your chosen one. Short on time? Here are the key takeaways For brands with little reputation or awareness, niching down can be a fantastic way to get a foothold in their desired market by building a loyal customer base. Niche markets can be…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.President Donald Trump’s administration has taken a tougher stance on Chinese technology advances, warning companies around the world that using artificial intelligence chips made by Huawei could trigger criminal penalties for violating US export controls.The commerce department issued guidance to clarify that Huawei’s Ascend processors were subject to export controls because they almost certainly contained, or were made with, US technology.Its Bureau of Industry and Security, which oversees export controls, said on Tuesday it was taking a more stringent approach to foreign…
China is one of the largest countries in the world. The Asian nation also has one of the world’s largest economies, ranking second to the United States. According to the World Bank, China’s gross domestic product (GDP) was $17.79 trillion in 2023—rising steadily since the country began reforming its economy in 1978. Changes ushered in by the federal government helped bring millions of people out of poverty and put a number of its industries on the world map. This article looks at the top three industries driving China’s economy: services, manufacturing, and agriculture. Key Takeaways China is one of the…