Author: Arabian Media staff
Nucor’s stock surges after a bullish profit outlook, two weeks after higher steel tariffs took effect. Source link
Portland, Oregon, is known for both its rugged Pacific Northwest beauty and distinctive urban vibe, earning it a place in many Americans’ retirement fantasies. At the same time, Oregon’s largest city is well-situated for retirees who want to hit the road, skies, or seas in search of other adventures. Here is what you need to know about Portland, especially if travel is high on your retirement agenda. Key Takeaways Portland has a conveniently located international airport as well as a train station served by Amtrak.It is within easy driving distance of Vancouver, Canada, a major cruise line port.The area also…
Image: Supplied Versuni, a global leader in domestic appliances, is dedicated to transforming houses into homes through innovative, sustainable, and consumer-centric products. It develops, manufactures, and markets Philips-branded home appliances under a trademark license from Royal Philips. Carrying forward Philips’ 130-year legacy through innovation, Versuni brings trusted, high-quality solutions tailored to the evolving needs of consumers. The company’s scale is significant, operating in over 100 countries with more than 6,000 employees, with global sales exceeding EUR3bn. This formidable market presence is supported by a diverse portfolio covering kitchen appliances, coffee machines, garment care, floor care and air care—featuring globally recognised…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Two companies backed by Bill Gates and Sam Altman have raised more than $1bn amid a surge in investor optimism that nuclear energy will help power the artificial intelligence revolution.TerraPower, a private company founded by Gates, said on Wednesday it had raised $650mn from investors, including attracting funding for the first time from the venture capital arm of US chipmaker Nvidia. It follows a $460mn equity raise closed this week by Oklo, the Altman-backed listed developer of small modular reactors, a new…
If you’re looking to enjoy a retirement that’s less about slowing down and more about traveling, exploring, and staying active, you need a retirement destination that supports your goals. But finding a destination that pairs affordability with access to a vibrant community, robust health care networks, and easy travel options isn’t easy—especially if you’re interested in heading down to the Sunbelt. San Antonio, Texas, however, may have just the mix of affordability and accessibility that adventurous retirees desire. Blending historic charm and modern amenities, this city offers a lifestyle that can support you through all stages of your retirement journey.…
Rising inventory levels and weak buyer demand have resulted in homes sitting on the market for longer. Source link
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Allianz has told staff in its UK insurance arm that it will be cutting 650 jobs amid an increasingly tough market.The German insurer told employees on Wednesday morning that roles would be affected in its commercial, speciality and personal insurance business, according to two people familiar with the situation.In the UK, Allianz Insurance employs about 4,200 staff across its various brands, including Petplan.Allianz UK posted a 52 per cent increase in annual operating profits to £368mn last year, while its business volume…
Claims have moved higher since mid-May Source link
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Lars Windhorst’s Tennor Holding, which borrowed billions from investors and was once at the heart of the German financier’s business empire, has been declared bankrupt at the request of Dutch tax authorities.An Amsterdam court on Tuesday appointed a liquidator for the Netherlands-based entity, according to public filings. Dutch tax authorities asked a court to wind up the company over an unpaid €5.3mn claim, according to a person familiar with the matter.Tennor was for more than a decade Windhorst’s main investment company and…
The world is getting richer but different places at different speeds Source link