Author: Arabian Media staff
The bond seesaw may be extra bumpy right now, but it’s not time to get off the ride. Source link
An abrupt change from work to retirement can be a shock to the system, both financially and emotionally. Source link
Stay informed with free updatesSimply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox.Given that Google attracts more than 136bn visits a month — as much as the next 12 most popular websites combined — it is easy to see how a US federal judge concluded last year that the company ran a monopoly in online search and had abused its market dominance. Last week, Judge Amit Mehta heard the final arguments about what remedies to impose. His conclusions are expected in August. The US justice department, which launched the antitrust lawsuit, is demanding that Google…
This sector has outperformed in 2025, and it held up well during the brutal broad decline of 2022. Source link
The trade figures are masking a very sluggish economy. Source link
Circle Internet is betting on wider use of its USDC digital currency, which is redeemable one-for-one with the U.S. dollar. Source link
The European Central Bank has cut its benchmark interest rate by a quarter point to 2 per cent as it grapples with uncertainty over the impact of Donald Trump’s trade war.Thursday’s widely expected decision is the central bank’s eighth quarter-point cut in a year. Since June 2024, rate-setters have now halved borrowing costs from a peak of 4 per cent. There was little reaction to the decision in markets, with the euro unchanged against the dollar at $1.142. Traders continued to expect one further interest rate cut in the second half of the year, with a small chance of a second.Most…
The number of people who applied for unemployment benefits last week jumped to an eight-month, but the details of the government’s report show little evidence of a tariff-related rise in layoffs. Source link
Brand divestments also a feature of what Procter & Gamble CFO Andre Schulten described as a restructuring program. Source link
Stay informed with free updatesSimply sign up to the UK energy myFT Digest — delivered directly to your inbox.Centrica has reached a £20bn deal to buy gas from Norway over the coming decade, in a sign that the UK will remain reliant on fossil fuel imports as it winds down North Sea exploration. The energy group will buy 5bn cubic metres of gas from Norway’s state-owned Equinor each year from October until 2035 — equivalent to about 9 per cent of the UK’s gas demands last year and enough to supply 5mn homes.Centrica’s Equinor deal is about half the amount it…