Author: Arabian Media staff
A deal with Brussels allowing British goods to be exported to the EU without further tests or certificates would increase UK exports to the bloc by an average of a tenth, and by more than a quarter for some sectors, new research has found. A “mutual recognition of conformity assessment” agreement would allow products certified in one jurisdiction to be accepted in the other without redundant testing or costly duplication. The UK government has pushed hard for such a measure to be included as part of its economic and security “reset” with the EU — which will formally begin at a London…
Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldThe US nuclear industry is intensifying its lobbying blitz to save the Inflation Reduction Act tax credits it says are vital for meeting artificial intelligence-fuelled energy demand. On Monday lawmakers from the ways and means committee, which is responsible for writing tax law, released draft legislation that would phase out nuclear energy subsidies starting in 2029, in a move that caught the sector by surprise.Lobbyists are now racing to persuade lawmakers to rescind or moderate cuts to nuclear industry subsidies,…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Hong Kong shares have outperformed their mainland peers by the largest margin in nearly two decades, as money pours in from China due to worries about the domestic economy and enthusiasm for the territory’s technology stocks.The benchmark Hang Seng index is up 16.4 per cent this year compared with a 1.2 per cent decline in mainland China’s CSI 300 index — the biggest outperformance year to date since 2008.The rally has been boosted by the rise of DeepSeek, the Chinese start-up that…
Farmland, timber and other alternative assets can stabilize your portfolio when the stock market wobbles. Source link
AI boosters cling to fanciful forecasts — even if meaningful revenue and productivity has yet to materialize. Source link
New research raises concerns about the way these investment funds balance care and the pursuit of profits. Source link
People not only set out in retirement on the wrong foot, but also pass mid-retirement without properly reviewing their plans, according to a new report. Research from the Pension Policy Institute found many retiring savers take full cash withdrawals or stay in investment strategies designed for pre-retirement, not post-retirement, needs. With much of the financial services industry focused either on the point of retirement or late retirement estate planning, many pension experts believe it is time to address the neglected middle of the range. They argue for pensioners to undertake a mid-retirement “MOT” — or check-up.The calls come more than…
President Trump campaigned on a pledge to eliminate taxes on Social Security — but this isn’t that. Source link
Stay informed with free updatesSimply sign up to the Media myFT Digest — delivered directly to your inbox.New York Sun owner Dovid Efune is launching a fresh effort to buy the Telegraph with backing from multimillionaire Brexit backer Jeremy Hosking and former UK chancellor Nadhim Zahawi in what has been dubbed a “British bid” for the newspaper.UK-born Efune was in exclusive talks to acquire the newspaper from Abu Dhabi-backed RedBird IMI until December, and has since remained in discussions with bankers on the deal despite the lack of guaranteed funding. Efune’s attempts to secure money for his bid from US funds…
Advisers say now is a good time to gauge your appetite for risk. Source link