Author: Arabian Media staff
Legislation regulating stablecoins, a type of cryptocurrency whose value is pegged to another asset, is set for a vote in the Senate. Source link
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Dior has agreed to pay €2mn to fund programmes to identify victims of labour exploitation as part of a settlement with Italy’s competition watchdog, after a probe into unfair practices at some of the luxury group’s subcontractors.Italy’s Authority for the Guarantee of Competition and the Market said on Wednesday it had closed an investigation into Dior “without establishing any infringement” after the company agreed to remedies, including funding an initiative to identify and support victims of labour exploitation.The watchdog had launched an…
Sometimes moving money to a Roth IRA just doesn’t make sense. Source link
The French energy giant was forced to pause a huge LNG scheme in Mozambique after Islamist militants launched a deadly attack. Is the region safe enough for it to restart? Source link
Policymakers are trying to close the gap between the best and worst places to retire Source link
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Bank lending to the $1.6tn private credit industry may pose systemic risks to the US financial system during an economic downturn, the Federal Reserve’s Boston branch warned on Wednesday.Boston Fed economists said in a paper that US lenders were exposing themselves to a new channel of risks by offering finance to non-bank groups that specialise in making loans directly to companies. The report underscores how the booming private credit industry, led by groups such as Blackstone, Apollo and Ares, is forging increasingly…
The new diabetes company will be predominantly business-to-consumer, while Medtronic’s model was more business-to-business. Source link
Stay informed with free updatesSimply sign up to the Commodities myFT Digest — delivered directly to your inbox.The son of one of the Kazakh oligarchs who founded what is now Eurasian Resources Group is seeking to buy out his late father’s partners in a deal that would give Shukhrat Ibragimov a majority stake in the international mining house.The tussle for control is the latest twist in the history of the former FTSE 100 company, then known as ENRC, which once had a market valuation of £13bn. The sprawling Kazakh conglomerate became a symbol of the flow of Soviet money into…
‘It was a no brainer’ for retail traders, but professional market participants have missed the trade Source link
In today’s increasingly transparent world, finding the right talent has become harder than ever.“Twenty years ago, companies could simply claim to be or have something special,” says Per Breuer, head of human resources at Munich-based consultancy Roland Berger. “That’s not possible any more, because social media creates inroads to every company.”In such times, a strong culture of labour protection, such as Germany’s, can be a key asset, offering employees a sense of security from the moment they join.German workers enjoy some of the strongest employee protection in Europe, including generous parental leave, strict dismissal rules, and a system of so-called…