Author: Arabian Media staff

Summer is a crucial transport time for retailers ahead of back-to-school season and the holidays. Source link

Stay informed with free updatesSimply sign up to the Global Economy myFT Digest — delivered directly to your inbox.The writer is a postdoctoral fellow at the University of Oxford and a former US Treasury officialWhen Time magazine put Alan Greenspan, Robert Rubin and Lawrence Summers on its cover in 1999 as “The Committee to Save the World”, the accompanying story omitted an impressive detail. The Committee to Save the World did not spend a cent to do so. As the US Treasury was faced with the prospect that Congress might leave emerging-market crises unchecked, posing spillover risks for the American financial…

Having bad credit doesn’t mean you can’t own a nice, reliable car. While it may be challenging to get financing, you may still qualify for a car loan. Consider using a co-signer or finding a lender that works with people who have bad credit. Applying with a co-signer may get you better terms but puts your co-signer on the hook, while loans for bad credit often charge higher interest rates. Let’s take a look at how each works, including their benefits and drawbacks. Key Takeaways If you have bad credit, a co-signer with a good credit score can help you…

Image credit: WAM/Website e& UAE, the flagship telecom arm of e&, has set a new world record for connectivity by achieving an uplink (UL) speed of 600Mbps on a live 5G network—a major milestone in the evolution of 5G-Advanced. Read-UAE’s e& reports Dhs10.8bn in net profit in 2024 This achievement was enabled by aggregating FR1 bands at 2100MHz and C-band, paired with uplink 3Tx (three transmit antennas) on commercial Customer Premises Equipment (CPE) at a live 5G site. The deployment is fully compliant with 3GPP Release 17 standards, according to a WAM report. This record-breaking uplink speed represents a cornerstone…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Activist hedge fund Parvus Asset Management is building a stake in Ozempic-maker Novo Nordisk as the drugmaker hunts for a new chief executive following a share price slump. The London-based hedge fund, which has previously targeted airline Ryanair and gambling group Flutter Entertainment, wants to influence the appointment of Novo Nordisk’s new chief, according to people with knowledge of the details. Shares in Novo Nordisk have fallen 50 per cent over the past year. A combination of disappointing trial results for its…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Viewers of the NBA basketball playoffs and French Open tennis have sighted many a celebrity in the VIP box, from moviemaker Spike Lee to cinematic hotshot Timothée Chalamet. And sitting among them was Warner Bros Discovery boss David Zaslav, more suit than superstar, perhaps, but a financial newsmaker in his own right. On Monday he announced the company he runs would split in two, a break-up discussed almost a year ago: streaming platforms and Hollywood studios, including HBO and Warner Bros, will…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.WPP is the ad agency behind the Mayo Cat, a bow tie-wearing feline that advises shoppers to douse leftover food in Hellmann’s mayonnaise. Sadly, there’s no similar trick for livening up the company’s own prospects. After chief executive Mark Read quit on Monday, WPP should lose no time in hanging a “for sale” sign outside the doorWPP has shed half its market value over the past seven years. Read’s efforts to streamline the company’s structure and integrate its functions may have protected…

Understanding the economics involved is the first step toward making your dream of owning a coffee shop a reality. You must consider the initial, fixed, and variable costs, as well as the ergonomics of the business. Don’t be discouraged by the big numbers. Startup capital is available for small business entrepreneurs with a plan. Key Takeaways Licenses and permits are required to form and operate a business.Operating from an ideal location is critical for attracting customers and securing a solid workforce.The costs of starting a sit-down coffee shop can top $300,000 or more, depending on location. Plan and Permits A…

U.S. Bonds vs. Bills vs. Notes: An Overview According to the U.S. Treasury Department, the selling of bills of credit to fund the government’s operations dates back to the Revolutionary War. The first Treasury bills hit the market in 1929 followed by the popular U.S. savings bonds in 1935 and, finally, Treasury notes. U.S. savings bonds, U.S. Treasury bills, and notes are all interest-bearing investment products sold by the U.S. government to help finance its operations. The investor effectively loans money to the federal government and earns a profit in return. Key Takeaways U.S. savings bonds, T-bills, and T-notes are…

The satellite and wireless company is considering bankruptcy as a way to keep the FCC from revoking its licenses. Source link