Author: Arabian Media staff
Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldTop Republican financial officers from 21 states have urged the Securities and Exchange Commission to determine if Chinese companies on US stock exchanges should be delisted for failing to protect American investors.The officers on Tuesday asked SEC chair Paul Atkins to investigate the companies because of Chinese policies that “create an environment of opaqueness that is antithetical” to the reporting requirements of US laws.“China’s actions create an environment ripe for fraud and abuse, increasing the likelihood that China-based US-listed companies…
This is an on-site version of the White House Watch newsletter. You can read the previous edition here. Sign up for free here to get it on Tuesdays and Thursdays. Email us at whitehousewatch@ft.comGood morning and welcome to White House Watch! Let’s dive right into:Donald Trump has left Kyiv and Europe feeling abandoned after making clear the US wants to disentangle itself from negotiations between Russia and Ukraine, and let the warring nations duke out peace for themselves.Trump said he’d end the conflict on his first day in office, but now he has appeared to wash his hands of the peace effort, leaving…
“My son just said, ‘Dad didn’t want them to get anything.’” Source link
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Builder.ai, one of the UK’s best-funded technology start-ups, is entering insolvency proceedings, weeks after restating its revenues and admitting “problems” under its past leadership.The London-based group, which is backed by Microsoft, informed employees about serious financial difficulties during a company-wide call on Tuesday. The company confirmed to the Financial Times that its main unit, Engineer.ai Corporation, “will be entering into insolvency proceedings and will appoint an administrator to manage the company’s affairs”. The insolvency is a blow to Builder.ai’s blue-chip backers such…
Stay informed with free updatesSimply sign up to the EU trade myFT Digest — delivered directly to your inbox.The EU plans to levy a flat fee on billions of small packages entering the bloc, mainly from China, in a fresh blow to online retailers such as Temu and Shein.The European Commission circulated a draft proposal on a handling fee on Monday after pressure from member states whose customs authorities are overwhelmed by the 4.6bn items annually imported directly to people’s homes.The proposal, seen by the FT, does not set the fee level, but people familiar with the commission’s thinking suggested it…
U.S. stocks typically are flat during the second year of a presidential term — and soar in the post-midterm election third year. Source link
Apple partners with a former CEO of Qualcomm, while T-Mobile joins forces with the CEO of Tesla and SpaceX. Source link
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 newslettersThe past week saw US inflation moderate in April, but everyone ignored the figures. Instead, attention was on signs that inflation is coming to the US. Whether asked by business leaders, importers, academics or officials, the question is: who will pay for Trump’s tariffs? This is both a theoretical and practical question, so let’s look at the initial evidence.Business Ultimately, economists can…
These companies are also expected to achieve a growth of at least 1 per cent in the number of UAE citizens employed in skilled jobs The post Emiratisation targets for UAE’s private sector companies: What you need to know appeared first on Gulf Business. Source link
Home Depot beat Wall Street’s first-quarter revenue and domestic same-store sales expectations, and maintained its full-year guidance. Source link