Author: Arabian Media staff
This week, Swamp Notes goes to London for a live recording. Katie Martin, host of the Unhedged podcast, and Chris Giles, author of the FT’s Central Banks newsletter, discuss what Trump’s next few months might be like. Have markets truly recovered from the “liberation day” shock? What happens after the 90-day tariff pause is over? Our guests weigh in. Subscribe to the new Swamp Notes feed here.Mentioned in this podcast:Read the latest Chris Giles on Central Banks column hereListen to the Unhedged podcast hereSign up for the FT’s Swamp Notes newsletter hereSwamp Notes is produced by Katya Kumkova. Topher Forhecz…
I’m relocating to the UK from the US with my family — I’m British and my wife is American. We signed a pre-nup in California, but will it be upheld in the UK should our relationship break down?Unlike in other countries, the English courts retain the ability to make financial orders that depart from the terms of the nuptial agreement, says Kirsty Morris, partner at Burgess Mee Kirsty Morris, partner at Burgess Mee, says if you were living in England or Wales, the courts would take into account your Californian nuptial agreement and it might carry significant weight, but it…
Stay informed with free updatesSimply sign up to the Climate change myFT Digest — delivered directly to your inbox.Devastating tornadoes destroyed thousands of homes in Missouri and Kentucky earlier this month, casting a spotlight on how climate-related disasters might affect home lending across the US.A new report by climate risk rating firm First Street found that costly climate disasters are raising the risk of home repossessions, or foreclosures, as the process is known in the US.By its estimates, credit losses could cost US mortgage lenders as much as $1.2bn this year from about 19,000 repossessions due to climate risk. By…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Stellantis has named its North American boss Antonio Filosa as chief executive, picking an internal candidate to rebuild its US business and navigate an industry upended by Donald Trump’s tariffs.The board chose the 51-year-old Italian and former boss of its Jeep brand to replace Carlos Tavares, who resigned abruptly in December following a sharp decline in sales in the US and Europe. “Antonio’s deep understanding of our company, including its people who he views as our core strength, and of our industry equip…
Saudi Minister of Media Salman Al Dossary affirmed the country’s unwavering commitment to leveraging all available resources to serve pilgrims within an integrated system. He stated that these efforts reflect the wise leadership’s directives and align with the goals of Saudi Vision 2030 to facilitate Hajj rituals and enhance service quality for both pilgrims and ones performing Umrah. Read-Hajj 2025 alert: Saudi issues warning ahead of pilgrimage Al Dossary’s remarks came during the 22nd government press conference, held yesterday to discuss preparations for the upcoming Hajj season (1446 AH). The conference featured key officials, including Minister of Hajj and Umrah…
Saudi Arabia’s new state-owned artificial intelligence company will seek investment from top US tech companies and will launch a $10bn venture capital fund as it leads the kingdom’s effort to become a global AI hub. Tareq Amin, chief executive of Humain, told the Financial Times he was in talks with American groups including OpenAI, Elon Musk’s xAI and Andreessen Horowitz about its ambitious plans.He said it was seeking a US tech group to become an equity partner in Humain’s data centre business, which aims to become one of the world’s biggest AI infrastructure providers, but declined to say which American…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The big question over the Labour government’s goal of providing the UK with clean power by 2030 is not whether it is achievable — it is probably not — but whether having such aspirational targets is helpful. The answer to that is a qualified yes.Delivering clean power by the end of this decade — an achievement defined as the UK getting just 5 per cent of its power from unabated gas in a year with typical weather — requires considerable growth in…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.European companies in China have ranked a domestic slowdown in the world’s second-largest economy as a bigger challenge for them than the trade war, underlining the hurdles for Beijing as it negotiates with the US on tariffs. A record number of the 503 companies surveyed by the EU Chamber of Commerce in China also said doing business in the world’s second-largest economy had become more difficult and were pessimistic about future profitability. “Now, by a wide margin, it is China’s economic slowdown…
Dubai’s Roads and Transport Authority (RTA) has announced that starting June 2, booking an appointment will be mandatory for all vehicle inspections at technical testing centres across the emirate. The new system is accessible via the ‘RTA Dubai’ mobile app and the RTA website. For customers who prefer not to book in advance, an optional walk-in service will remain available at 19 centres, subject to an additional service fee of Dhs100. Centres offering vehicle inspection services through appointments However, eight centres will only offer inspection services through pre-booked appointments, with no walk-in option. These include Wasel Al Arabian Centre &…
Some worry that PE funds could become a dumping ground Source link