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 head of Rolls-Royce has called on the British government to back plans for an engine to power the next generation of narrow-body aircraft, used primarily for short-haul flights.Tufan Erginbilgiç, chief executive of the FTSE 100 aero-engine group, said he would like the government’s upcoming industrial strategy to “support competitively advantaged industries”. Erginbilgiç said that while he was not calling on the government to pick individual industrial champions, Rolls-Royce nevertheless was “distinctive” in two areas: gas turbine engines that power aircraft and nuclear,…
‘Can I trust the Monte Carlo simulation from my investment account that says I would be good until 90?’ Source link
U.S. borrowing rates are likely to decline in the coming months, which would be positive for the bond market and the economy. Source link
Heightened uncertainty over tariffs, the direction of oil prices and their impacts on inflation is giving way to a risk that Federal Reserve officials may not be able to cut interest rates in two quarter-point increments this year as they had previously expected. Source link
Stay informed with free updatesSimply sign up to the Aerospace & Defence myFT Digest — delivered directly to your inbox.The chief executive of Airbus Defence and Space has warned that a dispute with its French partner over the next stage of an ambitious fighter jet project led by France and Germany needs to be resolved by the end of the year if the programme is to have any hope of succeeding. Michael Schoellhorn said the pan-European group and France’s Dassault Aviation had “different viewpoints” on the second phase in which they would build the first demonstration version of the jet, and…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.President Donald Trump is nothing if not disruptive. Could he now be about to upset the US mobile phone market too? News that the Trump Organization will offer a $47.45 mobile phone deal, piggybacking on the networks of the three major US carriers, highlights the possibility that profit in the lucrative US mobile phone market could eventually follow Europe’s down the tubes. Mobile virtual network operators, of the kind that the Trump Organization is launching, are at least in part responsible for the…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Summer is soon upon us and several watchmakers are leaning into the season with new solar watches, shining a light on this watchmaking niche. Solar technology in timekeeping first appeared in the late 1970s and early 1980s, championed by a new breed of watchmakers from Japan. These light-powered watches came in futuristic designs and the technology soon became popular in inexpensive children’s watches featuring the Transformers and GI Joe. At the time, solar was seen as the antithesis to luxury Swiss timepieces. “[Solar was] the ultimate…
Bitcoin’s price changes because of its supply (scarcity), the market’s demand, competition from other cryptocurrencies, media and news, and regulatory changes. Some researchers suggest that the cost of producing a bitcoin also influences its price, but most analyses used assumed data rather than facts. Bitcoin is not issued by a central bank or backed by a government; therefore, the monetary policy tools, inflation rates, and economic growth measurements that typically influence the value of a currency have not yet been observed applying to bitcoin. Key Takeaways Purchasing stock grants you ownership in a company, whereas buying bitcoin grants you ownership of…
Could President Donald Trump’s lifelines for TikTok spark lawsuits? “I continue to think a decent lawsuit could be filed to challenge the non-enforcement,” one analyst says. Source link
When you think about retirement in Arizona, you likely imagine dry desert heat, flat landscapes, an abundance of cacti, and hot summers well in the 100s. But nestled high at an elevation of 7,000 feet, Flagstaff offers a different kind of Arizona retirement. For retirees looking to live close to the Sunbelt, this mountain town offers pine trees, snowy winters, and summer temperatures that rarely top 90 degrees. It’s a popular spot for retirees looking for a four-season climate, outdoor adventure, and small-town charm. Flagstaff has a population of just over 76,000 and offers residents plenty of entertainment options, recreational…