Author: Arabian Media staff
The airline industry is highly competitive but the competition among aircraft suppliers is relatively limited. Lesser-known makers of large passenger airplanes are attempting to build a more significant presence on the world’s stage but there are just two major players in the large commercial aircraft market: the U.S.-based Boeing (BA) and the Airbus Group (EADSY), formerly known as the European Aeronautic Defense and Space Company (EADS). Airbus is the world’s top commercial airplane manufacturer based on airplanes delivered. Boeing is in second place because its deliveries stalled due to the grounding of certain aircraft, the COVID-19 pandemic, and issues concerning its 737-MAX…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The World Bank is lifting its decades-long ban on financing nuclear energy, in a policy shift aimed at accelerating development of the low-emissions technology to meet surging electricity demand in the developing world.In an email to staff on Wednesday, Ajay Banga, the World Bank president, said it would “begin to re-enter the nuclear energy space” in partnership with the International Atomic Energy Agency, the UN nuclear watchdog which works to prevent proliferation of nuclear weapons. “We will support efforts to extend the…
Estée Lauder Companies Inc. (EL) has been at the forefront of health, beauty, and wellness for more than 50 years. Analysts at Ernst & Young released the 2019 edition report on the luxury and cosmetics sector, the most recent year available, indicating that Estée Lauder’s sales growth was ranked fourth on a global list of highest sales growth among cosmetic companies from 2014 through 2017. The company’s success is due largely to a strong and efficient business model and focuses on long-term growth. Estée Lauder has also placed a growing emphasis on cultivating relationships and sales in emerging markets. The company designs…
Medical expenses can be a major cost in retirement and if you haven’t planned for them, you might be in for a rude awakening. According to Fidelity, the average total medical expenses for a 65-year-old retiring in 2024 are estimated at $165,000. That number may seem daunting, but with the right budgeting and planning, it doesn’t have to be. Key Takeaways Your healthcare costs in retirement will depend on your health, coverage choices, and your care needs.Instead of budgeting one lump-sum of money for medical expenses in retirement, consider your cash flow on a yearly basis by evaluating the total…
Business loans can help businesses grow, provide short-term operating costs, or be used for investment in equipment and staff. However, if you are looking for a business loan, it’s important to understand the conditions under which you are borrowing. Loan terms refer to the terms and conditions involved when borrowing money. This can include the interest rate and fees associated with the loan, penalty fees that borrowers might be charged, and any other special conditions that may apply. Your loan terms will also define the loan’s repayment period, which is how long you have to repay it in full. Business…
Image: Dubai Media Office The Dubai Department of Economy and Tourism (DET) hosted its first City Briefing of 2025 on Monday, bringing together more than 1,300 stakeholders from across the tourism, hospitality, retail, aviation and government sectors. The event, held at the Coca-Cola Arena, forms part of DET’s bi-annual platform to align public and private sector efforts to sustain the city’s tourism momentum. Reflecting the UAE’s Year of Community theme, the briefing underlined the role of collaboration in achieving Dubai’s tourism growth. Stakeholders shared insights to support DET’s strategic roadmap, with the goal of reinforcing Dubai’s global appeal as both…
T-bills are dwindling in supply, as the U.S. has been operating without a debt-ceiling fix since January. Source link
Strategy—the freshly rebranded MicroStrategy (MSTR)—has shifted from being an enterprise software firm that sells business-intelligence (BI) tools to the world’s largest corporate owner of bitcoin. It holds about 581,000 bitcoins, worth around $63 billion, which is significantly higher than its annual software revenue of about $463 million. (All data here and below are as of early June 2025.) Founder and CEO Michael Saylor calls the company a “Bitcoin Treasury Company,” a moniker the early 2025 name change makes explicit. To fund this hoard, Strategy has issued waves of zero-coupon convertible notes and new equity, turning itself into a leveraged bet…
Voyager Technologies’ upsized IPO has been described as a milestone for the space industry, and the new stock is soaring. Source link
As President Donald Trump on Wednesday announced progress on trade negotiations with China, Wall Street continues to ask questions on how much tariffs the nation’s retail chains can handle. Source link