Author: Arabian Media staff
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Europe has fallen too far behind in battery technology and should seek partnerships with Chinese groups instead of trying to set up a rival industry, bosses of two of the region’s major metals companies have said.Their comments come as the continent is still reeling from the collapse this year of Northvolt, the Swedish start-up that was one of Europe’s best funded start-ups and a symbol of efforts to break reliance on China for batteries used in electric vehicles.But the chair of French…
The software giant faces “growing pressure to increase adoption of Agentforce,” its agentic AI offering, according to an analyst. Informatica’s data-management platform could help. 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 back to Energy Source, coming to you from New York and Lagos.An arbitration court in London on Monday began hearing a bitter dispute between ExxonMobil and Chevron over ownership of a gigantic oil project with up to $1tn in reserves.The US supermajors are battling over the right to acquire a 30 per cent stake in Guyana’s Stabroek oilfield, which is owned by…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Bulgaria says it is back on track to join the Eurozone in 2026, after repeated delays because of political turmoil and failing to meet inflation targets.Sofia’s adoption of the euro was postponed last year when inflation exceeded the threshold required for membership. Now that inflation has slowed to 3.5 per cent in April, Bulgaria expects the European Commission to confirm next week that the country has met the criteria required to join the euro.“We expect a positive convergence report,” said Prime Minister…
European nations are bracing for hostilities to be extended. Policies to increase military spending and preparedness are in motion. Source link
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Burford Capital’s boss has accused Chubb of abusing its market power after the US insurer said it would freeze out lawyers, bankers and asset managers who worked with litigation funders.Chris Bogart, chief executive of Burford Capital, told the Financial Times that recent remarks by Chubb head Evan Greenberg urging insurers to cut ties with litigation funders amounted to “an inappropriate use of corporate power” and could be anti-competitive. Greenberg, speaking at a trade conference in Chicago this month, had urged brokers and…
Regular investors have been “buying the dip’ aggressively. Remember: “Be fearful when others are greedy.” Source link
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.British executives and politicians have been wondering how to make the London market look more American after years of tepid returns. They should remember that the US does not just dominate the world’s stock markets, it also dominates the world’s stock of investors. One way to attract them is for UK companies to bridge the language gap with their US peers.The UK investment management industry had £9.1tn of assets under management at the end of 2023, according to the Investment Association. US…
This article is an on-site version of our Chris Giles on Central Banks newsletter. Premium subscribers can sign up here to get the newsletter delivered every Tuesday. Standard subscribers can upgrade to Premium here, or explore all FT newslettersAt the start of the year, Fed watchers were concerned about three threats to the central bank in 2025: that Donald Trump would impose stagflationary tariffs, execute an inflationary fiscal policy and undermine the independence of the Federal Reserve. He did the lot.But last Thursday, the US Supreme Court all but removed one of the threats hanging over the Fed. In an…
Even were President Donald Trump to go ahead with his threat to slap a 25% tariff on foreign-made iPhones, it would still be cheaper for Morgan Stanley to produce its iconic phone abroad than in the U.S. Source link