There's no denying that Apple (NASDAQ: AAPL) has been a long-term winner for investors, gaining 78,390% since its initial public offering as of this writing. Over the past couple of years, however, the iPhone maker has fallen on hard times. The combination of economic uncertainty and on-again, off-again tariffs has taken a toll, with Apple stock gaining just 40% over the past two years, lagging th...
There's no denying that Apple (NASDAQ: AAPL) has been a long-term winner for investors, gaining 78,390% since its initial public offering as of this writing. Over the past couple of years, however, the iPhone maker has fallen on hard times. The combination of economic uncertainty and on-again, off-again tariffs has taken a toll, with Apple stock gaining just 40% over the past two years, lagging the 46% gains of the S&P 500 . However, things are beginning to look up. Recent developments could help jump-start the flagging stock, helping Apple regain its former glory. Dan Ives of Wedbush Securities recently issued a new Street-high price target of $350, which represents potential gains for investors of 35% compared with Friday's close, which would push Apple's market cap to $5.17 trillion. The veteran tech analyst listed four catalysts that could propel the iPhone maker to new heights in 2026. Continue reading
One of the Middle East’s oldest state-backed investors is pushing further into private equity in search of new energy deals. The Arab Energy Fund aims to strike direct investments, while also channeling more money into other funds investing in the region, Chief Executive Officer Khalid Al-Ruwaigh said in an interview. The sharpening focus on such deals comes as Arabian Gulf nations look for massiv...
One of the Middle East’s oldest state-backed investors is pushing further into private equity in search of new energy deals. The Arab Energy Fund aims to strike direct investments, while also channeling more money into other funds investing in the region, Chief Executive Officer Khalid Al-Ruwaigh said in an interview. The sharpening focus on such deals comes as Arabian Gulf nations look for massive investments from around the globe to help diversify their hydrocarbon-dependent economies. Established in 1975 by countries including Saudi Arabia, the United Arab Emirates and Qatar, the fund was originally the Arab Petroleum Investment Corp. and for decades focused primarily on oil, gas and utilities, helping cement Gulf dominance in fossil-fuel energy. Now calling itself TAEF, it’s on the hunt for opportunities in private equity and project finance to grow in areas beyond conventional energy, including in off-grid technologies and biofuels. TAEF’s goal is to boost combined equity and debt investments by 60% over the next three years, to $12 billion, according to Al-Ruwaigh. “We cater to both debt and equity and can act much faster to deploy capital because we’re agile,” Al-Ruwaigh said at TAEF’s headquarters in Riyadh, referring to traditional financiers and PE giants. “We’re also specialized in energy, with the right regional access.” TAEF struck its first deal of the year on Wednesday, taking a minority stake in Arabian Petroleum Supply Co., a firm working on sustainable energy solutions. The fund said it’s preparing to announce another agreement in the UAE. The firm is scaling its ambitions as nations from Saudi Arabia to the UAE invest more heavily in clean energy to power their future economies. Riyadh is pushing to become a leader in solar, wind and green hydrogen under Crown Prince Mohammed bin Salman ’s Vision 2030 agenda, while Abu Dhabi is leaning heavily on renewables and other green technologies to meet its climate goals . BlackRock Partnership Gulf economi...
Their history was in danger of being lost but a new book and project has put together an archive documenting such vibrant contributions to the game In the early 1980s there were scores of “Caribbean” cricket clubs playing across England, many of them bearing evocative names such as New Calypsonians, Island Taverners, Paragon, Starlight and Carib United. Mostly these clubs operated under the radar ...
Their history was in danger of being lost but a new book and project has put together an archive documenting such vibrant contributions to the game In the early 1980s there were scores of “Caribbean” cricket clubs playing across England, many of them bearing evocative names such as New Calypsonians, Island Taverners, Paragon, Starlight and Carib United. Mostly these clubs operated under the radar – as wandering sides renting pitches on municipal grounds that were outside the traditional league structures. With few physical records of their existence, their history has been in danger of being lost as numbers have plummeted since the late 1990s. Continue reading...
I’ll never tire of witnessing many ‘firsts’ for my second-born, but this is a luxury that should be afforded to everyone, not just those who can pay for it When I told people I was taking more than eight months of parental leave, the main reactions I got were: “What are you going to do with all that time?” and “won’t you get bored?” These questions came from every direction – including health prof...
I’ll never tire of witnessing many ‘firsts’ for my second-born, but this is a luxury that should be afforded to everyone, not just those who can pay for it When I told people I was taking more than eight months of parental leave, the main reactions I got were: “What are you going to do with all that time?” and “won’t you get bored?” These questions came from every direction – including health professionals involved in my wife’s pregnancy and the arrival of our second child. More than halfway through my leave, I’ve been reflecting on what good parental leave looks like: leave that allows families to take the time to adjust to the new rhythms of family life. Thanks to a new policy at my work that gives parents six months of paid parental leave, in addition to annual leave, I will be returning to work not when our newborn is still tiny, our toddler is adjusting to a sibling and their mum is recovering from birth, but when our son is eight months old. This is markedly different to when our first baby was born two years ago, after which I was able to take only three weeks of paternity leave – while my partner chose to take the full period of maternity leave and not to return to work. Ilyas Nagdee is an author and researcher working in the areas of racial justice and human rights Continue reading...
Emma Raducanu claims her first victory of the season, beating Camila Osorio at the Hobart International after their match was suspended by rain on Tuesday.
Emma Raducanu claims her first victory of the season, beating Camila Osorio at the Hobart International after their match was suspended by rain on Tuesday.
It may feel like a redemption tour, but the star’s epic jolly across seven continents is consistently funny, moving and quite frankly breathtaking Hollywood stars – they’re just like us! Except that when we want to go on a massive jolly/rehabilitative journey for ourselves and/or our careers, we have to pay for it. And we generally cannot go on a 100-day adventure across seven continents, with exp...
It may feel like a redemption tour, but the star’s epic jolly across seven continents is consistently funny, moving and quite frankly breathtaking Hollywood stars – they’re just like us! Except that when we want to go on a massive jolly/rehabilitative journey for ourselves and/or our careers, we have to pay for it. And we generally cannot go on a 100-day adventure across seven continents, with experts on hand to introduce us to their indigenous inhabitants, talk us through world-changing research being done in the most isolated regions on Earth, show us new and fascinating species that can be found there that may hold the cure to all known diseases, and guide us through the breathtaking landscapes that make you want to throw yourself to the ground and weep at the beauty laid out before humanity’s largely uncaring eyes. Not so for Willard Carroll Smith II, the Academy award, Bafta and Grammy-winning actor and rapper who enjoyed an uninterruptedly stellar career from the late 80s until 2022, when he put a crimp in things by lamping the Oscars’ host Chris Rock for insulting Smith’s wife. This was followed by a tour violinist suing him for alleged predatory behaviour, unlawful termination and retaliation, which is working its way through the California legal system now. Smith has categorically denied all allegations. He is getting away from it all in the meantime by doing all the adventuring noted above – a septet of episodes of Pole to Pole With Will Smith (the name by which of course he is known to us) in honour of his late mentor Dr Allen Counter. Counter was a professor of neurology at Harvard Medical School, the inaugural director of the university’s Foundation for Intercultural and Race Relations and – in his spare time, I guess? – a noted explorer. I cannot help but feel a biopic must be in the works, and I hope it comes soon. Continue reading...
Plus: high-ranking nations where Ballon d’Or winners have never played and an own-goal scoring hat-trick hero Mail us with your questions and answers “Last month, Lazio scored a late winner (in the 82nd minute) against Parma despite having two players sent off earlier in the game,” writes Bogdan Kotarlic. “I wonder if any team has scored a goal (or maybe more) with eight players and with three pla...
Plus: high-ranking nations where Ballon d’Or winners have never played and an own-goal scoring hat-trick hero Mail us with your questions and answers “Last month, Lazio scored a late winner (in the 82nd minute) against Parma despite having two players sent off earlier in the game,” writes Bogdan Kotarlic. “I wonder if any team has scored a goal (or maybe more) with eight players and with three players receiving red cards before that?” There’s only one place to start: Boghead Park, Dumbarton. “In August 1991, Premier Division Airdrieonians played Dumbarton in the Scottish League Cup,” writes Bill Hall. “What looked like an innocuous tie was anything but - especially for Dumbarton’s Colin McNair, Stephen Gow and Jimmy Gilmour, who were shown red cards in what must have been a bad-tempered affair (I was there but it was 34 years ago, and I was in the pub beforehand, so memories are a bit vague). Continue reading...
The Indian unit of billionaire Ken Griffin ’s Citadel Securities LLC reported a sharp increase in profit last fiscal year, as it weathered the impact of derivatives-related curbs imposed by the country’s markets regulator. The Miami-based company reported a 39% increase in revenue to 40.6 billion rupees ($450 million) for the 12 months ended March 2025, according to a filing. After-tax profit jump...
The Indian unit of billionaire Ken Griffin ’s Citadel Securities LLC reported a sharp increase in profit last fiscal year, as it weathered the impact of derivatives-related curbs imposed by the country’s markets regulator. The Miami-based company reported a 39% increase in revenue to 40.6 billion rupees ($450 million) for the 12 months ended March 2025, according to a filing. After-tax profit jumped 41% to 20.6 billion rupees. The gains were on the back of growth across its cash equities and derivatives businesses, a person familiar with the business said, asking not to be identified discussing a private matter. Citadel Securities’ profit in the South Asian nation has swelled six times since its began operations in June 2022, underscoring the rapid growth available for foreign market makers that often trade at high speeds. Citadel Securities declined to comment. Global trading firms continue to churn out profits in India even after regulators imposed curbs on options to temper speculation by individual investors. Risks remain as the industry waits for the Securities and Exchange Board of India to publish its latest reforms for the derivatives market following its crackdown on Jane Street Group last July. Read more: Traders Left Guessing Whether More Curbs Will Hit India Options Hudson River Trading LLC reported a 156% surge in profit in India for the fiscal ended March 2025, while Dutch firm Optiver Holding BV reported a $44 million profit in its first full year in the country, reversing losses from the first six months. Domestic firms AlphaGrep Securities Pvt and Graviton Research Capital LLP also had robust earnings growth for the year. Read more: High-Speed Traders Sidestep India Curbs With Big Profit Gains Jane Street was the outlier after regulators imposed a trading ban, accusing it of manipulative transactions involving shares and options. The US firm has contested the allegations and asked a court to release evidence to bolster its case. Read more: Jane Stre...
Chinese tourist numbers are recovering across Asia after a pandemic-era contraction, buoyed by the expansion of visa-free policies and a stronger yuan. But one thing has not returned: the spending sprees that used to boost duty-free retailers around the world. The trend can be clearly seen in South Korea, which relied on Chinese travellers for 70 per cent of its duty-free sales before Covid-19. Ar...
Chinese tourist numbers are recovering across Asia after a pandemic-era contraction, buoyed by the expansion of visa-free policies and a stronger yuan. But one thing has not returned: the spending sprees that used to boost duty-free retailers around the world. The trend can be clearly seen in South Korea, which relied on Chinese travellers for 70 per cent of its duty-free sales before Covid-19. Around 5 million visitors from China arrived in the country during the first 11 months of 2025, a...