Author: Arabian Media staff
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.By the time I joined the FT in 2021, business cards had mostly fallen out of fashion. Colourful stacks of embossed cards sat on the desks of my colleagues, gathering dust. Here in San Francisco, the custom of exchanging printed contact details has long been replaced by the high-tech alternative of holding iPhones together to automatically swap numbers. At tech events, I am often provided with a lanyard that has a QR code that lets other people find my LinkedIn profile. Or a…
This article is an on-site version of our Energy Source newsletter. Premium subscribers can sign up here to get the newsletter delivered every Tuesday and Thursday. Standard subscribers can upgrade to Premium here, or explore all FT newslettersWelcome to Energy Source, coming to you from New York and Washington.Despite intensifying tensions in the Middle East, global oil supplies will substantially outstrip demand this year, according to a report by the International Energy Agency. While weak consumption in the US and China will dampen appetite for oil, production is expected to rise to 104.9mn barrels per day, outstripping forecast demand by 1.1mn b/d.…
Stay informed with free updatesSimply sign up to the UK interest rates myFT Digest — delivered directly to your inbox.The Bank of England has held interest rates at 4.25 per cent, in a widely expected decision after new data this week showed UK inflation remained stubbornly above its target.The Monetary Policy Committee’s decision followed a quarter-point cut by the BoE in May amid concerns over the impact of US President Donald Trump’s aggressive tariff policy. “Interest rates remain on a gradual downward path, although we’ve left them on hold today,” said Andrew Bailey, the BoE’s governor. “The world is highly…
Apple is expanding its suite of parental controls and privacy features to offer families new tools for managing children’s digital experiences across its platforms. The company announced updates on June 11, aimed at helping parents protect kids and teens online, part of its upcoming software releases including iOS 26, iPadOS 26, macOS Tahoe 26, watchOS 26, visionOS 26, and tvOS 26. Read-Apple just leveled up AirPods: Here’s what’s new The features, many of which were previously previewed, are designed to support age-appropriate usage from the moment a child sets up their device—without compromising privacy or security. These enhancements build on…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Rio Tinto has agreed to pay almost $140mn to settle a long-running class action lawsuit that had accused the world’s second-largest mining company of concealing issues in the expansion of its Oyu Tolgoi copper mine in Mongolia. According to a proposed settlement filed in the US on Wednesday, the Anglo-Australian company will pay $138.75mn to end the case, which was brought by US hedge fund Pentwater Capital on behalf of minority investors in Turquoise Hill Resources, a Canadian company that was majority owned…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Trafigura’s head of strategic projects Julien Rolland is set to leave the commodities trader, in the latest high-profile departure from the global firm as new boss Richard Holtum begins to make his mark.Rolland, a 19-year veteran of Trafigura, has been in charge of leading the trader’s investment in renewable energy, including hydrogen, ammonia and other low-carbon technologies. He will retire on October 1, according to people familiar with his plans.His departure comes as Holtum has been on a mission to simplify and…
Stay informed with free updatesSimply sign up to the Exchange traded funds myFT Digest — delivered directly to your inbox.JPMorgan’s annual ETF handbook landed last week, and as usual it contains some interesting nuggets. The one that jumped out to Alphaville was the relative liquidity of ETFs and futures at times of financial tumult.The bank’s analysts examined the health of the respective markets in the wild swings of March and April, and spotted something very unusual. During the bout of market volatility earlier this year, we saw a rare divergence between ETF and futures liquidity, with ETF liquidity steadily improving…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Russia is on the verge of a recession, its economy minister said on Thursday, the first public admission that the country’s war economy is starting to cool three years after President Vladimir Putin ordered the full-scale invasion of Ukraine. Maxim Reshetnikov said at the president’s flagship economic conference in St Petersburg that “the numbers show [the economy] is cooling off”. “But all our numbers are a rear-view mirror. Judging by business sentiment at the moment, we’re basically already on the brink of…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The French military has signed a 10-year deal with state-backed satellite provider Eutelsat as part of a programme that could see it spend as much as a billion euros on communications services across its forces. The announcement, which came during the Paris Air Show on Thursday, will be a shot in the arm to heavily indebted Eutelsat just as it is on the verge of clinching a new capital raise in which the French government will participate. Shares rose about 11 per…
This article is an on-site version of Free Lunch newsletter. Premium subscribers can sign up here to get the newsletter delivered every Thursday and Sunday. Standard subscribers can upgrade to Premium here, or explore all FT newslettersGreetings. You will have noticed a drumroll of stories in all parts of the FT recently about investors looking for alternatives to the US dollar, ranging from money managers to central banks. It makes for a moment of truth for the EU, which has long harboured ambitions for the euro to take the dollar’s crown.Policymakers know this. In an opinion article for the FT,…