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Peloton’s worth drops $9.2 billion as Wall Street predicts extreme street ahead

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Peloton Interactive Inc (PTON.O) shares shut 35.3% lower on Friday, clearing off about $9.2 billion in market esteem as experts anticipated an extreme way forward for the pandemic dear in the midst of a return by economies to business as usual.

It additionally ended employing in all offices with prompt impact during a gathering required for everyone, as per a CNBC report.

Something like 15 experts brought down their value focus on the Peloton stock after the organization cut its yearly deals gauge by up to $1 billion and detailed its slowest quarterly deals development in over a year.

Wedbush examiner James Hardiman, appraised five star by Refinitiv, named Peloton’s “go wrong” in such a brief timeframe as “genuinely surprising”.

Peloton’s close term deals is blurred by easing back traffic on the web, a shift to the lower-estimated Bike and more slow reception of Tread, Dana Telsey of Telsey Advisory Group, one more profoundly appraised expert, said in a note.

Telsey slice her rating to ‘advertise perform’ from ‘beat’, however alongside a couple of different financiers, she stayed sure with regards to its drawn out possibilities.

Credit Suisse examiner Kaumil Gajrawala said Peloton’s associated wellness opportunity could in any case be unblemished, however the way to arrive shows up “more troublesome”.

In any case, with rec centers back in favor, Gajrawala said Peloton needs to embrace an alternate technique as exercise centers are wanting to offer computerized content.

To handle falling deals, the New York-based organization laid out plans to help showcasing spend. BMO’s Simeon Siegel, in any case, questioned if that would be sufficient.

“There are a lot of new contestants battling for psyche and portion of the overall industry and that recommends that expanding promoting dollars will probably demonstrate essential, yet barely adequate,” Siegel said.

The home wellness pioneer’s portions shut at $55.64. They have lost 63% so far this year.

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UAE urges companies to adopt flexible working arrangements amid adverse weather conditions

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The Ministry of Human Resources and Emiratisation (MoHRE) has called on private sector companies across the UAE to reinforce workplace safety measures and take preventive steps to protect employees during expected adverse weather conditions.

In a statement, the ministry emphasised that worker health and safety remain a top priority, particularly at outdoor worksites where operations may be affected during severe weather.

Flexible or remote work arrangement

Companies have been advised to implement necessary precautions, including introducing remote or flexible working arrangements where required. Employers were also urged to ensure the availability of personal protective equipment, safe transportation, and suitable workplace conditions.

The ministry commended businesses for their ongoing efforts to maintain safe working environments and raise awareness among employees regarding safety protocols during emergency weather situations. It also confirmed continued coordination with relevant authorities to issue guidance and instructions aimed at safeguarding workers nationwide.

Additionally, MoHRE highlighted that awareness campaigns are being conducted in collaboration with government entities and the private sector to strengthen occupational health and safety standards. Enforcement measures, it added, remain in place to address any violations.

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UAE launches new digital platform to manage federal government real estate

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The UAE Ministry of Finance has launched a new digital system to centralise and manage data on all federally owned real estate, marking another step in the country’s push to modernise public asset management and strengthen governance.

The platform, known as the Federal Government Real Estate Assets Platform, will act as a unified electronic registry for federal government properties. It is designed to document, update and classify real estate data, while linking assets directly to financial and operational systems across the federal government.

The ministry said the launch fulfils the requirements of Article 18 of Federal Decree-Law No. 35 of 2023 on Union-Owned Properties, which mandates the creation of a federal electronic registry for government real estate.

Supporting digital transformation

Younis Haji AlKhoori, Undersecretary at the Ministry of Finance, said the platform is designed to strengthen regulation, governance and oversight of federal real estate assets, while supporting the UAE government’s wider digital transformation agenda.

By automating real estate-related processes, the system aims to improve data accuracy and provide better insights for policymaking, planning and long-term asset management.

Federal entities can use the platform to register and update property data under standardised classifications, manage leasable spaces, and submit real estate-related requests through automated workflows. These include inspections, transfers, sales, demolitions and structural changes to properties.

The platform also integrates with other federal systems to ensure records remain up to date, while generating reports and performance indicators to support evidence-based decision-making.

Linking real estate and financial data

Mariam Mohamed Al Amiri said the platform was developed to unify real estate data across federal bodies and connect it directly to financial and operational procedures, helping improve planning, expenditure control and transparency.

The system records both financial and non-financial data, including property values, depreciation, operating costs, location, condition and technical specifications. It also stores digital documents such as architectural drawings, site maps and contracts.

A new four-tier classification structure, covering sites, buildings, floors and individual units, standardises how government real estate is recorded and enables faster access to information.

From paper to digital

According to the ministry, the platform replaces paper-based procedures with a fully digital framework that supports real-time tracking, automated approvals and structured lease management, including contract creation, amendments and terminations.

Officials said the move will improve the efficiency of federal real estate use, enhance governance and support long-term planning of government-owned properties as part of the UAE’s broader digital government strategy.

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UAE VAT rules are changing in 2026: Here’s what businesses need to know

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The UAE’s Ministry of Finance has announced a new set of amendments to the country’s VAT law, with the revised rules taking effect on January 1, 2026. The changes are designed to make the tax system easier to use and more aligned with international best practices.

In a statement, the Ministry said the move supports the UAE’s ongoing efforts to streamline its tax framework and improve administrative efficiency. The updates are also designed to provide businesses with greater clarity and reduce unnecessary paperwork.

Simpler filing, fewer steps

One of the biggest changes removes the requirement for businesses to issue self-invoices when using the reverse charge mechanism. Instead, companies will simply need to keep the usual documents that support their transactions, such as invoices, contracts and records, which the Federal Tax Authority (FTA) can review when checking compliance.

According to the Ministry, this adjustment “enhances administrative efficiency” and provides clear audit evidence without placing extra paperwork burdens on businesses.

Five-year window for VAT refunds

The updated law also introduces a five-year limit for claiming back refundable VAT after accounts have been reconciled. Once this period ends, businesses lose the right to submit a claim. Officials say this helps prevent long-delayed refund requests and gives taxpayers more certainty about their financial position.

Tighter rules on tax evasion

To protect the system from misuse, the FTA will now have the authority to deny input tax deductions if a transaction is found to be linked to a tax-evasion arrangement. This means businesses must ensure the supplies they receive are legitimate before claiming input VAT.

Taxpayers are expected to verify the “legitimacy and integrity” of supplies as part of these strengthened safeguards.

Supporting a competitive economy

The Ministry said the amendments will boost transparency, ensure fairness across the tax system and support better management of public revenue. The updated rules also aim to maintain the UAE’s competitive edge while supporting long-term economic sustainability.


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