Author: Arabian Media staff
President Trump said on Wednesday that Iran wants to negotiate, but he wouldn’t rule out U.S. military action. Source link
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Australia’s largest infrastructure investor has bought stakes in three UK airports from Ontario Teachers’ Pension Plan, marking the latest deal in the travel industry as investors capitalise on a post-pandemic rebound.Macquarie Asset Management said on Wednesday it had acquired 25 per cent of London City airport, a 55 per cent share in Bristol airport, as well as a 26.5 per cent stake in Birmingham airport. It did not disclose the value of the stakes. The acquisitions come with Macquarie’s ownership of infrastructure…
Financial markets will be closed Thursday for Juneteenth holiday Source link
It’s been no secret that international stocks have dramatically outperformed their peers stateside so far in 2025. Source link
Marvell offered upbeat projections as it looks years out, but some analysts have questions about what the company can deliver in the short run. Source link
The projection is a year sooner than previous estimates. Source link
Stay informed with free updatesSimply sign up to the US economy myFT Digest — delivered directly to your inbox.Residential construction in the US dropped to a five-year low in May, as homebuilders grappled with volatile tariffs on imported materials, stubbornly high mortgage rates and excess inventories of unsold units.Housing starts fell 9.8 per cent month over month to a seasonally adjusted annual rate of almost 1.26mn homes in May, according to data released by the Census Bureau on Wednesday. It was the lowest reading since the Covid-19 pandemic stalled construction projects in 2020, and below the almost 1.36mn starts economists…
Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldJapan’s Nippon Steel has closed its nearly $15bn purchase of its American rival US Steel, ending more than a year of political wrangling that threatened to scuttle the agreement on multiple occasions.US President Donald Trump approved the tie-up last week, months after his predecessor Joe Biden moved to block the deal. Nippon Steel clinched Trump’s approval after pledging to invest $11bn in the Pennsylvania-based company by 2028, billions of dollars more than it had initially promised. It also handed the…
Almost one-third of children show growing signs of addiction to mobile phones, social media and video games starting at age 11, according to a landmark study on the impact of modern technologies on the adolescent mind. These young users are more likely to suffer mental health problems than peers who exhibit less compulsive behaviour patterns, according to research published in the Journal of the American Medical Association (Jama) on Wednesday. The US study is a rare effort to capture multiyear trends in online behaviours and to assess potential links with poor mental health. It suggests bad outcomes are not associated…
These companies have reduced their share counts the most over the past 10 years Source link