Author: Arabian Media staff
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The US economy shrank by an annualised 0.2 per cent during the first quarter of 2025, according to revised official statistics that confirmed its first contraction since 2022. The fall in GDP compared with a 2.4 per cent expansion in the final quarter of 2024 and was largely caused by a surge in stockpiling activity as companies rushed to buy goods before President Donald Trump announced sweeping tariffs. Thursday’s reading from the Bureau of Economic Analysis was revised slightly higher from the 0.3 per…
There were nearly 500,000 more sellers than buyers in April, according to a new report by Redfin, the highest figure ever since the company began tracking it in 2013. Source link
Image credit: Supplied In a city defined by ambition, scale, and relentless innovation, Dubai’s urban mobility landscape is undergoing a quiet revolution—one that’s rooted not in disruption for disruption’s sake, but in deep, human-centered design. At the heart of this shift is Zed, a locally born ride-hailing platform by Al Ghurair Mobility, rewriting the rules of commuting by blending cutting-edge technology with cultural intuition. Read-SME Story: ZED, the e-hailing ride service, is focused on personalisation While global mobility giants dominate much of the international narrative, Zed is building something different: a transportation experience that feels unmistakably Dubai—efficient, personalised, empathetic, and…
ChatGPT already features “thumbs-up” and “thumbs down” symbols. Source link
Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldDonald Trump has limited legal options to impose sweeping global tariffs after Wednesday’s court ruling that invalidated his “liberation day” duties, according to international legal experts.The US Court of International Trade judgment determined that Trump had misused emergency economic powers legislation when declaring the blanket tariffs last month, which were designed to shrink trade deficits with countries around the world.Legal experts said the court had determined that the International Emergency Economic Powers Act (IEEPA) was explicitly not designed to address…
Most company analysts play it safe rather than risk their reputation — and possibly their career. Source link
This article is an on-site version of our Energy Source newsletter. Premium subscribers can sign up here to get the newsletter delivered every Tuesday and Thursday. Standard subscribers can upgrade to Premium here, or explore all FT newslettersHello and welcome to Energy Source, coming to you from New York. Europe has fallen too far behind in battery technology and will not be able to develop an entirely autonomous industry, warned the chair of French miner Eramet and the chief executive of Umicore, a specialist in the production and recycling of battery materials. In an interview with my colleague Camilla Hodgson, they suggested…
Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldDonald Trump’s legal defeat over his global tariff policy could hit attempts by Britain to get the US president to deliver promised tariff cuts on UK car and steel exports, trade experts have warned.Although Trump’s defeat at the US Court of International Trade does not have a direct bearing on sectoral tariffs on cars and steel, experts fear it will sow more “chaos and confusion” around his trade policy.Trump and Sir Keir Starmer, UK prime minister, earlier this month committed…
Image: Supplied In an exclusive interview, Mauricio Zuazua, region chair at global consulting firm Kearney, discusses how AI is reshaping executive leadership, enabling smarter decision-making, and what it takes to build an AI-ready culture in the Middle East and beyond. As AI becomes more agentic, how do you see it reshaping executive roles – will it augment CxOs or redefine leadership entirely? The primary impact will be in augmenting CXOs rather than entirely redefining leadership. AI and agentic tools provide executives powerful new capabilities for decision-making and relieve them and their teams from time-consuming activities. This spells faster and deeper…
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