Author: Arabian Media staff
The inaugural Europe’s Best Employers covers 1,000 companies across 26 industries. In the report, we look at Germany’s employee-employer decision making model; the attraction of working in financial services; why we need strong managers; good employment practices pay off at a retailer; and the benefits of working in tech Source link
Stay informed with free updatesSimply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox.Nvidia chief Jensen Huang has condemned US export controls designed to limit China’s access to artificial intelligence chips as “a failure” that spurred Chinese rivals to accelerate development of their own products.In strongly worded criticisms of chip policies pursued by successive US administrations, the chief executive of the world’s leading AI processor maker also criticised Washington’s decision to ban an Nvidia product designed specifically for the Chinese market.He told a news conference at the Computex tech show in Taipei on Wednesday that…
Merrill Guided Investing and E*TRADE Core Portfolios are two robo-advisors that stand out for their corporate roots and histories. Merrill Lynch & Company was a famous full-service broker that was absorbed by Bank of America in 2009. E*TRADE, the high-profile discount brokerage, was acquired by full-service broker Morgan Stanley in 2020. Additionally, both companies are among the winners in our list of the best robo-advisors of 2024, with Merrill Guided Investing winning best for education, while E*TRADE Core Portfolios is best for mobile. Both robo-advisors successfully simplify investment decisions by offering a collection of useful portfolio alternatives that don’t require a sophisticated…
Image: Getty Images The UAE’s Ministry of Industry and Advanced Technology (MoIAT) signed five memoranda of understanding (MoUs) on Tuesday with a consortium of leading national banks to provide more than Dhs40bn ($10.9bn) in competitive financing aimed at boosting the country’s industrial sector. The agreements were signed in the presence of Dr Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, as part of the government’s broader strategy to drive industrial growth, support small and medium-sized enterprises (SMEs), and promote sustainable economic development through advanced technologies. The participating banks include First Abu Dhabi Bank (FAB), Emirates NBD, Abu…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The world’s top producers of critical minerals have tightened their stranglehold on the market despite western countries’ efforts to cut their dependency on China for metals key to the energy transition.The countries that are the top producers of metals such as copper, lithium, nickel and cobalt have increased their control in recent years, the International Energy Agency said in a report on Wednesday. The report highlights how far western countries still need to go to develop and diversify the supply of critical…
This article is an on-site version of our Europe Express newsletter. Premium subscribers can sign up here to get the newsletter delivered every weekday and fortnightly on Saturday morning. Standard subscribers can upgrade to Premium here, or explore all FT newslettersGood morning. Today, the man who proposed a plan to fix the EU’s single market tells our colleagues that Brussels is not being ambitious enough in its remedies. And Laura reveals a cross-party European parliament proposal to cut off all EU funding to Hungary.To the LettaPolicymakers in the EU should focus on fixing the bloc’s internal market rather than spending…
Loan Type Fixed APR Variable APR Undergraduate and Graduate 3.39% to 17.99% 4.13% to 17.99% Refinance 4.45% to 11.38% 4.35% to 12.37% Federal student loans don’t take into account credit scores and income. However, these factors play a big role in private lenders’ decisions. Students who don’t meet lenders’ credit requirements will need a co-signer. Over 90% of newly originated undergraduate private student loans were made with a co-signer in 2022–2023. However, even if you don’t have a good credit score or a co-signer, there are lenders that offer student loans for bad credit and student loans without a co-signer.…
Image: DP World Dubai-based DP World will invest $2.5bn this year to expand its global logistics network, with major infrastructure projects across India, Africa, South America, and Europe, the company said on Tuesday. The investments aim to bolster end-to-end supply chain capabilities in response to increasing demand for resilient and integrated logistics solutions. The move also reaffirms the company’s long-term confidence in global trade, despite current economic uncertainties. “Global trade is evolving fast, and we are investing boldly to shape its future,” said Sultan Ahmed bin Sulayem, chairman and group CEO of DP World. “This $2.5bn commitment reflects our confidence…
The Paris School of Economics sits on the drab grounds of what was once the École Normale Superieure for girls, tucked away on the city’s unspectacular bottom edge. The PSE was only founded in 2006. It only teaches graduate students. It can’t match Harvard’s $53bn endowment. Yet it’s a remarkably influential place.The school’s president, Esther Duflo, is a Nobel laureate in economics recently returned to her hometown from Harvard. The PSE’s co-founder, Thomas Piketty, did more than anyone else to put inequality on his profession’s agenda. Two decades ago, he also supervised the masters thesis of the school’s current star,…
Japan’s largest companies have said tariffs planned by the Trump administration could erode annual profits by tens of billions of dollars, with the probability of a bigger impact in the event of a US recession. Groups including Toyota, Sony and Mizuho could suffer a total hit as high as ¥4tn ($27.6bn), according to Financial Times calculations based on company guidance during the current full-year earnings season.The total could rise, with many companies refusing to provide estimates, citing “extreme uncertainty”, and some still to report.With executives at leading industrial groups reporting a massive impact from tariffs, pressure is increasing on the…