Author: Arabian Media staff
Tech stocks have been the comeback kids this year, but Goldman Sachs is warning over early signs of weakness in those names. Source link
Image: Supplied DHL Group has said it will invest more than EUR500m ($540m) in the Middle East through 2030, with a strategic focus on the rapidly expanding economies of the UAE and Saudi Arabia. The investment will span all four business divisions — DHL Express, DHL Global Forwarding, DHL Supply Chain, and DHL eCommerce — and is aimed at strengthening logistics infrastructure, expanding capacity, and improving service capabilities across the region. The commitment forms part of the group’s broader Strategy 2030, launched last year, which prioritises growth markets amid shifting global trade patterns. “The Gulf Cooperation Council is rapidly emerging…
Researchers are tracking the impact of tariffs on consumer prices in real time — and even as policy gets tweaked, prices are mostly heading higher. Source link
“‘One child has acquired significant knowledge of contracts, legal documents and business procedures, but will be relocating 1,500 miles.” Source link
A decade ago, Indonesia produced only 6% of the world’s supply of refined nickel. Now, it has a de facto monopoly on the market. How did it happen? The FT’s Jakarta correspondent A. Anantha Lakshmi and FT’s commodities correspondent Camilla Hodgson examine what propelled this explosive growth and how China helped it happen. – – – – – – – – – – – – – – – – – – – – – – – – – – For further reading:‘The Opec of nickel’: Indonesia’s control of a critical metal‘Production first, safety later’: inside the world’s largest nickel siteWestern…
Stay informed with free updatesSimply sign up to the Japanese business & finance myFT Digest — delivered directly to your inbox.Japan’s Marelli, one of the world’s largest auto parts suppliers, has filed for bankruptcy protection in the US as it seeks breathing space from a months-long fight over its future, involving banks, private equity giant KKR and leading distressed debt groups.Marelli, headquartered in the Tokyo suburb of Saitama, has filed for Chapter 11 bankruptcy protection in the US state of Delaware. The move, giving it time to reorganise, involves bridge financing from foreign creditors led by hedge fund Strategic Value…
One scoop to start: Cryptocurrency exchange Bullish has filed for a US initial public offering as the Peter Thiel-backed group seeks to tap surging investor demand for digital assets under the Trump administration.And a big interview: Blackstone co-founder Stephen Schwarzman told DD’s Antoine Gara that the firm was planning to invest “at least $500bn” in Europe in the coming decade, in a bet on the continent’s growth prospects.And another thing: Private market funds have underperformed large-cap US stocks over commonly measured time horizons for the first time in nearly a quarter of a century, as a slowdown in private equity…
Stay informed with free updatesSimply sign up to the Automobiles myFT Digest — delivered directly to your inbox.BYD and other Chinese automakers have vowed to make timely payments to suppliers after Beijing signalled concern at some industry practices amid a cut-throat price war. Around a dozen domestic carmakers, including Geely, Xiaomi and state-backed GAC and FAW, have in the past day pledged to standardise a 60-day bill payment period for their suppliers with the aim of “promoting high-quality development” and “ensuring supply chain stability”.The auto groups’ pledges come after Chinese officials signalled a crackdown on the industry’s growing reliance on…
Stay informed with free updatesSimply sign up to the Energy sector myFT Digest — delivered directly to your inbox.A German start-up has secured a record €130mn in funding to develop its fusion energy technology, as investors step up bets on Europe’s potential in the race to create abundant zero emissions power by combining atoms.The investment in Munich-based Proxima Fusion, led by tech investors Cherry Ventures and Balderton Capital, is the largest to date in Europe’s fusion sector.Filip Dames, founding partner at Cherry Ventures, described it as “betting on Europe’s ability to lead in solving one of humanity’s biggest challenges.”“There’s not…
Image: Supplied KEZAD Group, one of the region’s largest integrated economic zone operators and a subsidiary of AD Ports Group, has unveiled plans to develop KEZAD Business District (KBD), a major new commercial hub in Abu Dhabi. Positioned at the gateway of the E11 highway corridor that connects the capital with the northern emirates, KBD is a flagship component of the 410 square kilometre KEZAD Al Ma’mourah master development. Spanning an initial footprint of 3 square kilometres, KBD will be developed in phases, with infrastructure work currently underway. The first phase will include the construction of a 21,000 square metre…