Author: Arabian Media staff
A New York Times article on how Americans have embraced buy-now-pay-later loans caused a minor online stir this week, with the sentence highlighted below causing some alarm:“Food prices have skyrocketed,” said Mrs. Hodge, of Austell, Ga., who plans how much she’ll spend on each trip to the grocery store based on her cash flow and other expenses that month, including credit-card debt and student loans. Being able to spread out the payments for groceries has helped her family of four — soon to be five — budget better, she said.Mrs. Hodge, 29, is hardly alone. Nearly a quarter of consumers…
Bank branches that remain on UK high streets are adapting to meet a range of customer needs Source link
Stay informed with free updatesSimply sign up to the Climate change myFT Digest — delivered directly to your inbox.TotalEnergies defended its strategy of labelling natural gas as a transition fuel in promotional material as part of its rebranding, in a landmark trial over the claim that the French oil and gas group had overstated its climate commitments and misled consumers.The case is the first in France to bring “greenwashing” allegations against an oil and gas company and drew a large crowd of courtroom observers, including legal experts, during opening arguments on Thursday. It also highlights fossil fuel industry moves to…
Image: Games of the Future Abu Dhabi has been officially confirmed as the host city for the Games of the Future 2025, a pioneering international phygital sports competition set to take place from December 18 to 23. The announcement was made by Phygital International, the global governing body of the event, which merges physical athleticism with digital gaming to create a new class of competitive sport. The games will feature hybrid disciplines such as Phygital Football and Phygital Shooter, where athletes compete in both virtual and real-world formats, with final results determined by combined performances. Image: Supplied Games of the…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Man Group, the world’s largest listed hedge fund manager, has ordered its London-based quants to temporarily return to the office five days a week amid a period of poor performance. Man AHL, the firm’s flagship systematic investing arm, has told staff that it now expects daily attendance at the office from its team. The change applies to about 150 people in London — just under 10 per cent of the overall group’s 1,700 employees globally — and covers a three-month period from May…
An epic Trump-Musk blowout to start: It finally happened. The relationship between Donald Trump and Elon Musk imploded spectacularly on Thursday. After Musk attacked Trump’s “big beautiful bill” to cut taxes as “a disgusting abomination”, Trump retorted that Musk was “crazy”. Cue the Tesla founder, who insinuated the president was associated with Jeffrey Epstein. Trump responded by threatening to cancel Musk’s government contracts. Musk then retweeted more Epstein-related content, and someone calling for the president’s impeachment. A talent war: JPMorgan Chase has told its incoming graduates that if they accept future-dated job offers elsewhere within 18 months of starting their analyst…
In part one of this six-part series of The Economics Show, Martin Wolf, the FT’s chief economics commentator, and Nobel Prize-winning economist Paul Krugman discuss how trust in the postwar world economic system is being lost and weigh the costs and consequences of that. Paul Krugman’s Cultural Coda: Quarterflash, ”Harden My Heart”- https://www.youtube.com/watch?v=TNFSED77-GMMartin Wolf’s Cultural Coda:The Beatles, “For No One”https://www.youtube.com/watch?v=ELlLIwhvknkSubscribe and listen to this series on The Economics Show on Apple Podcasts, Spotify, Pocket Casts or wherever you listen to podcasts. Episodes are also available on the FT’s YouTube channel.If you’d like to get in touch and ask Martin and…
Annabelle Mander, EVP at Tahaluf, along with Jessica Wong, founder and managing partner of ewpartners. Tahaluf, the organiser of Saudi Arabia’s flagship technology event LEAP, has announced a strategic partnership with global investment firm ewpartners to launch LEAP East, a new Asia-Pacific edition of the mega event. It will take place in Hong Kong from 8-10 July 2026, marking the first time LEAP is held outside the Kingdom. The move underscores Saudi Arabia’s deepening strategic focus on Asia and positions Hong Kong as a new gateway for Middle Eastern engagement with China and the broader region. “With this timely and…
Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldMessage from Donald Trump’s antitrust investigators: Lina Khan does not work here anymore. The Federal Trade Commission is distancing itself from the legacy of its hawkish former head. Its conditional approval of a $35bn union of two chip-design software companies hints at the new direction.Synopsys and Ansys are two of the biggest companies making software for semiconductor design and production — the kind of thing that can attract regulatory scrutiny. The FTC looked, and last week decided its concerns over…
How global companies have fared since the US president’s inauguration Source link