Author: Arabian Media staff
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Ice cream brand Ben & Jerry’s has called Israel’s actions in Gaza genocide, a move that risks escalating an ongoing legal dispute with parent company Unilever over the brand’s political activism. “Ben & Jerry’s believes in human rights and advocates for peace, and we join with those around the world who denounce the genocide in Gaza,” the company’s independent board said in a statement shared with the Financial Times. The statement is likely to further fray relations between the ice cream maker…
“No doubt they would feel the arrangement is unfair, and that would potentially end our relationship.” Source link
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Dai-ichi Life, one of Japan’s largest life insurers, plans to take a 15 per cent stake in M&G as part of a partnership that will help the FTSE 100 asset manager deepen access to fast-growing Asian markets.M&G will become Dai-ichi Life’s preferred asset management partner in Europe as part of the tie-up, the two groups said on Friday, sending shares in the UK company up as much as 7 per cent in morning trading in London.The deal is expected to generate at…
Travis Kelce and his girlfriend, Taylor Swift, have a plethora of properties between them, but the NFL pro is said to be hunkering down in Boca Raton to get in shape for the NFL season. Source link
Image: Supplied ANAX Capital has entered the UAE’s competitive financial sector with a launch event at Palazzo Versace Dubai, announcing its operational readiness to serve both retail and professional clients. The star-studded launch event, held on Friday, May 23, saw celebrities from across the Middle East and India in attendance, with power-packed performances from well-known international artists, including Tiger Shroff, Myriam Faris, Nora Fatehi and Sonu Nigam. For founder and director Tabinda Sanpal, the launch was the culmination of years of experience and months of preparation. “It’s a proud and emotional moment. The launch represents months of hard work and…
Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldTrade talks between the US and China are “a bit stalled” and may need to be reinvigorated with a call between Donald Trump and Chinese leader Xi Jinping, US Treasury secretary Scott Bessent has said.The comments suggest that, two weeks after both sides agreed during talks in Geneva to a truce that would reduce tit-for-tat tariffs that had soared to as high as 145 per cent, they have made little progress towards further breakthroughs. “I believe we will be having…
Image: Supplied Majid Al Futtaim has partnered with Ennismore to introduce Egypt’s first 25hours Hotel, which will open at Junction, the conglomerate’s upcoming business and lifestyle destination in West Cairo. Majid Al Futtaim, a leading shopping mall, communities, retail, and leisure pioneer across the Middle East, Africa, and Asia, announced the strategic partnership with Ennismore, the fastest-growing lifestyle hospitality company. The collaboration will launch Egypt’s first 25hours Hotel at Junction, Majid Al Futtaim’s upcoming business and lifestyle destination in West Cairo. The new addition marks the debut of the 25hours brand in the Egyptian market, reinforcing Junction’s position as a…
In this edition: Indian prince reshapes his family dynasty; Europe’s nobles offer a blueprint for Britain’s hereditary peers; Chinese elite’s love of equestrian sport tested; will a billionaire levy work? Source link
Steve Diggle sees parallels with the global financial crisis as he says leverage is centered on private equity and private credit. Source link
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Sometimes you have to take your own medicine. McKinsey & Co, the most blue-blooded of consultancies, has decimated its workforce over the past 18 months — the type of measure that its industry might commonly prescribe to clients.Consultancies have been running on empty for several years. It’s hard to be the smartest person in the room when competition comes from private equity, artificial intelligence and even — since the industry counts the public sector among its clientele — tech moguls like Elon…