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Mohammed Al-Jadaan, Saudi Arabia’s finance minister, at the World Economic Forum in Davos, Switzerland Jason Alden | Bloomberg | Getty Images Saudi Arabia is willing to support crisis-stricken Lebanon, but wants to see a realistic reform plan first, its finance minister said during the G-20 Summit in Riyadh on Sunday. Asked if the kingdom would
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At least a few executives at major automakers have indicated that electric cars are the way of the future, and several of them are making big bets on battery-powered vehicles. But at least in the United States, the market seems to belong almost entirely to Tesla. The California carmaker’s Model 3 midsize sedan far outstripped
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Singapore’s Changi Airport just opened ‘Jewel,’ a $1.3 billion mall boasting the world’s tallest indoor waterfall, an IMAX movie theatre, and a hotel. MORE TRAVEL CONTENT: Inside America’s First Private Terminal For Millionaires 9 Of The Most Exclusive Spots In Disney Parks Why Amtrak Is So Expensive | So Expensive —————————————————— #Singapore #Airport #BusinessInsider Business
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Read ‘Lockheed hails progress on hypersonic military aircraft’ here: bit.ly/1V1IrhG ►Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs Flying one of the world’s fastest and most sophisticated weapons is usually a ride reserved for military personnel and dignitaries. Carola Hoyos reports from Saab’s headquarters in Sweden on what it is like to fly in one
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Conde guitars have been inspiring artists from Leonard Cohen to Bob Dylan. They are made in a humble basement workshop in Madrid by a third generation of artisans. Video by Gloria Kurnik and Leila Hussain MADE is a Bloomberg Digital Original series focusing on craftspeople and their premium wares, all made the hard way.
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Boston Beer Company co-founder Jim Koch defended its heavy investment in hard seltzer Thursday as shares fell after weak guidance and a per-share earnings miss. “Sometimes growth, it’s not cheap, particularly in something capital-intensive like beer,” Koch said on “Closing Bell.“ Hard seltzer, in particular, demands significant investment because “it’s the biggest thing that’s come
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The eighth-generation Chevrolet Corvette started its life as a Frankenstein test vehicle that parts of the previous generation sports car and Australian-made pickup called the Holden Ute, codenamed internally as “Blackjack.” That included exterior features of the pickup. Michael Wayland / CNBC LAS VEGAS – General Motors took unprecedented steps in an attempt to hide
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As the energy industry faces a time of reckoning — pressured by consistently low oil prices, high operating costs and a growing sustainable investing movement — oil and gas companies are increasingly turning to Silicon Valley for help streamlining operations and boosting efficiencies. By some estimates, the addressable market for digital oil and gas solutions
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Dropbox shares rose as much as 16% in extended trading on Thursday after the company reported better-than-expected fourth-quarter results. The stock exceeded the $21 price at which it sold shares in its initial public offering in 2018. It had not closed above $21 since September. Here’s how the company did: Earnings: 16 cents per share,
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Japanese sword-making is a tradition that goes back centuries, and one that’s carried on to this day. Each sword takes dedication, skill and can take over 18 months to create. The resulting blades can be worth thousands of dollars. So what makes them so expensive? Becoming a swordsmith in Japan takes a 5-year apprenticeship, and
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► Try the Financial Times for 4 weeks for just £1. Start your trial now – http://bit.ly/2ry7Tkz ► Read more at https://on.ft.com/2FiDi0B House of Commons Speaker and MP for Buckingham John Bercow voted Remain in the 2016 referendum on whether the UK should leave the EU. ► Subscribe to FT.com here: http://bit.ly/2GakujT ► Subscribe to
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