Author: Arabian Media staff
“My ex-wife and I both recently retired from federal government jobs, and have comfortable retirements.” Source link
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Germany has dropped its long-held opposition to nuclear power, in the first concrete sign of rapprochement with France by Berlin’s new government led by conservative Chancellor Friedrich Merz.Berlin has signalled to Paris it will no longer block French efforts to ensure nuclear power is treated on par with renewable energy in EU legislation, according to French and German officials. The move resolves a major dispute between the two countries that has delayed decisions on EU energy policy, including during the crisis that…
Image: Getty Images/ For illustrative purposes Financial software company Finastra has entered into an agreement to sell its treasury and capital markets (TCM) business unit to an affiliate of private equity advisory firm Apax Partners, the companies said on Monday. The TCM unit, which serves more than 340 financial institutions globally, will be rebranded and operate as a standalone business following the transaction. Finastra said the move would streamline its operations and allow it to reinvest in core areas of its financial services software portfolio. “This sale marks an important milestone for Finastra that will help further launch our next…
“I plan on keeping the accounts open to protect my credit, but I will cut and toss all the cards so I can’t use them.” Source link
Stay informed with free updatesSimply sign up to the US banks myFT Digest — delivered directly to your inbox.US bank lending to buyout firms and private credit groups has helped fuel a steep rise in loans to non-bank financial institutions, even as regulators fret that growing ties between the two sectors could become a systemic risk. Loans to non-banks reached approximately $1.2tn by the end of March, according to a report by Fitch Ratings, a 20 per cent increase year on year driven by lending to the private capital industry. Commercial loans were up just 1.5 per cent during the same…
The U.S. consumer may have more resilience to the onslaught of tariffs than many assume. Source link
Nick Hayek has overseen a decade of decline at the watchmaker. Can he see off the threat to his grip on the group? Source link
Stay informed with free updatesSimply sign up to the Eurozone economy myFT Digest — delivered directly to your inbox.The European Commission has cut its growth forecasts for the Eurozone as US trade policy unleashes economic disruption.The EU executive now expects the 20-strong currency area to grow by 0.9 per cent this year — down from a previous estimate of 1.3 per cent published in November. It has also shaved its growth outlook for 2026 to 1.4 per cent, from 1.6 per cent previously. Estimates were also downgraded slightly for the EU as a whole.“The EU economy is demonstrating resilience amid high…
Image: Supplied From the recent launch of the Trump Tower Dubai in partnership with the Trump Organization to exploring tokenised real estate and branded luxury developments from Muscat to Madrid, CEO Ziad El Chaar explains to Gulf Business editor, Neesha Salian, how Dar Global — the international arm of Dar Al Arkan — is redefining the global real estate landscape. With a focus on investor-first focus, ESG principles, and brand-driven development, the conversation offers insight into the company’s global footprint and the leadership mindset shaping its operations and future. This is an exciting time, especially with the project involving the…
Popular country crooner Zach Bryan has bought a historic church, and the reason is close to his heart. Source link