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AvaTrade Accelerates with Red Bull Racing: A High-Speed Partnership in the Heart of Formula 1
AvaTrade Accelerates with Red Bull Racing: A High-Speed Partnership in the Heart of Formula 1

Entrepreneur

time01-08-2025

  • Automotive
  • Entrepreneur

AvaTrade Accelerates with Red Bull Racing: A High-Speed Partnership in the Heart of Formula 1

In December 2024, AvaTrade, the global online broker, signed its largest-ever multi‑year sponsorship deal to become an exclusive team partner with Oracle Red Bull Racing, officially launching in 2025. Opinions expressed by Entrepreneur contributors are their own. You're reading Entrepreneur Asia Pacific, an international franchise of Entrepreneur Media. Formula 1 - A Brief Overview Formula 1 is the pinnacle of global motorsport, blending advanced technology, strategy, and driver skill. The 2025 season features a record 24 races across five continents, with teams battling for both the Drivers' and Constructors' Championships. After McLaren's dominant performance in 2024, the 2025 season has opened up with heightened competition. Red Bull Racing - Team Profile & 2025 Season So Far Oracle Red Bull Racing, crowned Constructors' Champion multiple times in recent years, is led by star driver Max Verstappen and supported by his teammate Yuki Tsunoda as of mid‑season, following Liam Lawson's move back to the junior Racing Bulls team. Recent race highlights: - Australian GP (March): Verstappen finished 2nd behind Lando Norris (McLaren) in the season opener. - Japanese GP (April): Verstappen claimed a commanding win from pole in Suzuka, holding off strong challenges from Norris and Piastri. - Saudi Arabia GP (April): Verstappen took P2 behind Oscar Piastri, who took the championship lead. - Emilia‑Romagna GP (Imola, May): Verstappen earned his 2nd win of the season and the 124th ever for Red Bull Racing, starting from P2. - Monaco GP (May): Despite strong efforts, Verstappen could not win—McLaren's Norris prevailed, with Red Bull's Liam Lawson and Isack Hadjar (Racing Bulls) scoring career-best finishes of 8th and 6th respectively. - British GP (Silverstone, July): Verstappen secured pole but McLaren dominated the race with Norris and Piastri finishing 1‑2. Red Bull struggled with setup and adaptability. - Belgian GP Sprint Race (Spa, July): Verstappen delivered Red Bull's first win under new team principal Laurent Mekies (after Christian Horner's dismissal), overtaking Piastri to claim the sprint victory and reaffirm his commitment to the team under its new leadership. Championship standings: - Driver standings: McLaren duo Oscar Piastri (≈234 pts) leads, followed by Lando Norris (≈226 pts), with Verstappen in 3rd (≈165–173 pts). - Constructors: McLaren leads the standings convincingly with ~460 points; Red Bull is currently 4th on ~172 points, trailing McLaren, Ferrari, and Mercedes. Red Bull's early season technical setbacks and leadership transition have challenged their dominance, though Verstappen's performance continues to be a beacon amid the turbulence. The team is now focused on upgrades to the RB21 and adapting to Mekies' more technical leadership philosophy. The AvaTrade & Red Bull Racing Partnership In December 2024, AvaTrade, the global online broker, signed its largest-ever multi‑year sponsorship deal to become an exclusive team partner with Oracle Red Bull Racing, officially launching in 2025. Key elements include: · Branding beginning with the RB20 at the Abu Dhabi finale of 2024, and extending in 2025 to the RB21 car, team kits, and driver suits. · AvaTrade is also the presenting partner of the team's official podcast, "Talking Bull", offering fans exclusive interviews and behind-the-scenes content. · The collaboration supports the Red Bull Racing Pepe Jeans Academy programme, tied to the F1 Academy initiative aimed at nurturing female racing talent—a reflection of AvaTrade's alignment with innovation, diversity, and empowerment in both trading and sport. Together, the partnership is built on shared values—pushing boundaries, precision, innovation, and global reach—with AvaTrade leveraging F1's global platform, especially in the Middle East and Latin America, to expand its brand awareness and customer engagement. In Summary As Formula 1 enters the mid‑season of 2025, Red Bull Racing is navigating a transitional moment marked by leadership change, technical recalibration, and intensified competition from McLaren. Max Verstappen remains a key asset, delivering victories under new team management despite mounting pressure. Amid this dynamic backdrop, the Red Bull × AvaTrade partnership emerges as a powerful alliance—uniting motorsport excellence with financial innovation. With branding visible on car and driver apparel, a presence in team media, and support for F1 Academy initiatives, the collaboration is designed to amplify mutual growth well beyond the racetrack.

AvaTrade Reveals the Growing Demand for Islamic (Swap-Free) Accounts Among UAE Traders
AvaTrade Reveals the Growing Demand for Islamic (Swap-Free) Accounts Among UAE Traders

Web Release

time30-07-2025

  • Business
  • Web Release

AvaTrade Reveals the Growing Demand for Islamic (Swap-Free) Accounts Among UAE Traders

AvaTrade, a globally regulated online trading platform with a user base of over 8.5 million registered traders worldwide, has revealed that there is an increase in demand for Islamic (Swap-Free) accounts among its UAE users. The trend reflects a strong regional preference for Sharia-compliant financial solutions and showcases the growing importance of faith-aligned investment options in today's fintech landscape. With educational content on Islamic trading principles also gaining traction, AvaTrade is doubling down on its efforts to improve financial literacy and culturally sensitive trading experiences. A trusted name in the online trading space since 2006, AvaTrade empowers investors across the globe with a secure and user-focused platform. As a multi-asset broker, AvaTrade offers access to over 1,250+ CFDs across forex, stocks, indices, commodities, crypto, and ETFs – and now also includes options, futures, and more. AvaTrade combines robust technology with a people-first approach. The platform's diverse offering includes MetaTrader 4 and 5, as well as its proprietary AvaTradeGo app, available in Arabic and tailored to meet the unique needs of traders in the UAE. Recent internal data reveals that a significant proportion of AvaTrade's UAE clients are choosing Islamic (Swap-Free) accounts, which adhere to Sharia law by avoiding interest-based transactions. This points to a rising appetite for ethical and faith-compliant investing, particularly among younger, digitally savvy traders seeking both financial opportunity and cultural alignment. The popularity of these accounts also reflects a wider shift towards inclusivity and values-based fintech experiences in the region. In parallel, AvaTrade has seen increasing engagement with its educational content focused on Islamic finance and trading practices. By offering materials that demystify Sharia-compliant investing, the platform enables users to make informed, confident decisions while navigating the complexities of global markets. AvaTrade's educational initiatives continue to build trust and transparency, which are critical to serving a culturally diverse clientele. As one of the most regulated brokers in the world, with nine licences across six continents, AvaTrade continues to listen, adapt, and innovate. For UAE-based traders looking for a secure, inclusive, and ethically attuned trading experience, AvaTrade provides the tools, support, and insight needed to succeed. Serving a global community of over 400,000 registered customers, executing more than two million trades each month, and with monthly trading volumes exceeding $70 billion, the platform continues to grow alongside both the GCC and global trading landscape. To learn more and explore Islamic (Swap-Free) accounts, visit

AvaTrade reveals the growing demand for Islamic (Swap-Free) accounts among UAE traders
AvaTrade reveals the growing demand for Islamic (Swap-Free) accounts among UAE traders

Zawya

time29-07-2025

  • Business
  • Zawya

AvaTrade reveals the growing demand for Islamic (Swap-Free) accounts among UAE traders

Dubai, UAE: AvaTrade, a globally regulated online trading platform with a user base of over 8.5 million registered traders worldwide, has revealed that there is an increase in demand for Islamic (Swap-Free) accounts among its UAE users. The trend reflects a strong regional preference for Sharia-compliant financial solutions and showcases the growing importance of faith-aligned investment options in today's fintech landscape. With educational content on Islamic trading principles also gaining traction, AvaTrade is doubling down on its efforts to improve financial literacy and culturally sensitive trading experiences. A trusted name in the online trading space since 2006, AvaTrade empowers investors across the globe with a secure and user-focused platform. As a multi-asset broker, AvaTrade offers access to over 1,250+ CFDs across forex, stocks, indices, commodities, crypto, and ETFs - and now also includes options, futures, and more. AvaTrade combines robust technology with a people-first approach. The platform's diverse offering includes MetaTrader 4 and 5, as well as its proprietary AvaTradeGo app, available in Arabic and tailored to meet the unique needs of traders in the UAE. Recent internal data reveals that a significant proportion of AvaTrade's UAE clients are choosing Islamic (Swap-Free) accounts, which adhere to Sharia law by avoiding interest-based transactions. This points to a rising appetite for ethical and faith-compliant investing, particularly among younger, digitally savvy traders seeking both financial opportunity and cultural alignment. The popularity of these accounts also reflects a wider shift towards inclusivity and values-based fintech experiences in the region. In parallel, AvaTrade has seen increasing engagement with its educational content focused on Islamic finance and trading practices. By offering materials that demystify Sharia-compliant investing, the platform enables users to make informed, confident decisions while navigating the complexities of global markets. AvaTrade's educational initiatives continue to build trust and transparency, which are critical to serving a culturally diverse clientele. As one of the most regulated brokers in the world, with nine licences across six continents, AvaTrade continues to listen, adapt, and innovate. For UAE-based traders looking for a secure, inclusive, and ethically attuned trading experience, AvaTrade provides the tools, support, and insight needed to succeed. Serving a global community of over 400,000 registered customers, executing more than two million trades each month, and with monthly trading volumes exceeding $70 billion, the platform continues to grow alongside both the GCC and global trading landscape. To learn more and explore Islamic (Swap-Free) accounts, visit

Sticker Shock Ahead: What Canadians Need to Know About Markets, Tariffs, and Inflation in 2025
Sticker Shock Ahead: What Canadians Need to Know About Markets, Tariffs, and Inflation in 2025

Reuters

time23-07-2025

  • Business
  • Reuters

Sticker Shock Ahead: What Canadians Need to Know About Markets, Tariffs, and Inflation in 2025

TORONTO, Canada, July 22, 2025 (EZ Newswire) -- As the global economy enters a year of recalibration, Canadian investors and households are bracing for a volatile but navigable 2025. According to Kate Leaman, AvaTrade, opens new tab's chief market analyst, Canada's economy is expected to post modest gains this year, growth hovering around 1.8%, but that calm surface belies a more turbulent undercurrent: trade friction with the United States, creeping inflation, and a changing global investment landscape. A major flashpoint is the return of tariffs. In 2025, both Canada and the U.S. slapped 25% duties on a range of goods, opens new tab, from steel to everyday consumer products. While aimed at addressing trade imbalances, these tariffs have created a ripple effect that's beginning to show up where it matters most your grocery bill. According to forecasts, tariffs will impact nearly 9% of the consumer price basket tracked by Statistics Canada, with price hikes filtering through to households over the next 12 to 18 months. Tariffs and Your Wallet: The New Inflation Driver By mid-2025, Canada's inflation hovered around 2.3–2.5%, but that's set to change. Bank of Canada, opens new tab now predicts a temporary spike above 3% in 2026, largely driven by tariff-induced price increases. The impact will be most acute in non-energy consumer goods: groceries, household items, and apparel. For the average Canadian, that means $100 worth of groceries today could cost $103 or more within the year, small increments that add up across a family's monthly budget. This inflationary jolt comes at a time when consumer confidence is slowly recovering, bolstered by wage growth and easing interest rates. But as AvaTrade analysts point out, shoppers should prepare for 'several choppy quarters in the aisles,' as tariffs push costs higher before supply chains fully adjust. The long-term upside? A potential reshoring of production and more 'Made in Canada' goods, though these may not come cheap, at least initially. Market Strategy: Diversify and Stay Nimble Despite the friction, Canada's financial markets, opens new tab remain resilient. The TSX is expected to grow, opens new tab, though more slowly than in 2024, with double-digit earnings growth led by energy, materials, and financials. Infrastructure projects like LNG terminals and high commodity prices are fueling optimism in key sectors. But volatility remains a theme, and AvaTrade suggests Canadian investors diversify, across geographies, sectors, and asset classes to weather potential shocks. Meanwhile, export trends are likely to be erratic: a short-term surge in shipments as firms race to beat new tariffs, followed by potential declines if trade barriers persist. Canada's strategic pivot to the Indo-Pacific, however, offers hope for exporters seeking new markets beyond the U.S. The Bigger Picture: Resilient, But Tested The Canadian economy is not in crisis but it is at a crossroads. Tariffs, inflation, and geopolitical tensions will challenge both households and investors to adapt. For Canadians, 2025 is not the year to expect explosive growth but it is a year to plan smart, shop strategically, and watch global headlines closely. As AvaTrade's market outlook notes: Canada remains fundamentally sound, but navigating the months ahead will require patience, adaptability, and a clear-eyed view of risk. This analysis was written by Kate Leaman, chief market analyst at AvaTrade. About AvaTrade AvaTrade is a globally licensed and regulated online trading broker, committed to providing traders with a secure and transparent trading environment. Nearly half of AvaTrade's activity stems from partnerships with institutional trading partners. The company prides itself on offering competitive trading conditions, including both fixed and floating spreads, as well as real-time quotes and instant trade execution. AvaTrade supports a wide range of popular trading platforms across desktop and mobile, catering to traders of all levels. The multi-award-winning broker offers a diverse portfolio of CFD instruments, including precious metals, stocks, indices, ETFs, government bonds (from the US, Japan, and Europe), and vanilla options on Forex. For more information, visit opens new tab. Media Contact Avatrade Supportinfo@ ### SOURCE: AvaTrade Copyright 2025 EZ Newswire See release on EZ Newswire

Thinking of salary sacrificing? Here's why you should, or shouldn't
Thinking of salary sacrificing? Here's why you should, or shouldn't

The Age

time28-06-2025

  • Business
  • The Age

Thinking of salary sacrificing? Here's why you should, or shouldn't

Recently, a reader emailed me asking if I could take the time to explain salary sacrificing and novated leasing, saying they didn't really get it, and it 'felt like a scam'. And you know what, fair enough. By and large, your pay is a pretty easy thing to grasp: you have a salary, some of it goes to superannuation, some of it goes to tax, the rest goes into your pocket. You can get a pay rise, which will increase the amount that goes into those three respective zones, and ... that's about it. But when salary sacrificing enters the picture, this whole equation gets a bit wonky. In short, salary sacrificing is where you give up some of your take-home pay in exchange for either various benefits from your employer (such as a car, phone, or laptop) or to increase the amount of money you put into super. This comes out of your pre-tax salary, and so reduces the amount of tax you have to pay. What's the problem? Unfortunately, although salary sacrificing usually means a net benefit for both the employer and employee, it's pretty unpopular − only around 10-15 per cent of working Australians opt for it. And, yes, while a small business might not offer salary sacrificing to its employees, the majority of medium-to-large businesses do. What you can do about it So if you're also of the opinion salary sacrificing sounds like a 'scam', let me try and demystify it: Why would you salary sacrifice? When used strategically, salary sacrificing can have a huge benefit for employees, not just because of the tax savings, but because it can allow you to save money over the long-term. However, Kate Leaman, finance expert and chief market analyst at AvaTrade, warns that not all salary sacrificing arrangements are made equal, so workers should think carefully about the pros and cons before signing on. 'Those that offer the most value are ones that have clear, measurable benefits both now and later,' she says. Examples of these include sacrificing take-home pay for additional superannuation payments (which Leaman labels a 'clear winner' − because super contributions are taxed at just 15 per cent, rather than at your marginal tax rate), along with novated car leases, which let you pay for a car and its running costs via your pre-tax salary. 'These arrangements allow employees to make the most of their pre-tax income, enabling them to upgrade their lifestyle and invest in their future,' Leaman says. What should you be wary of? The primary concern when it comes to salary sacrificing is the reduction of your take home pay. While you may be getting some great other benefits, all of that means squat if your pay drops to a level where you start to struggle to afford bills/groceries/rent – something that can be easy to overlook. Leaman says it's also important to remember if you reduce your take home pay through salary sacrificing, you will continue to get that lesser amount when on sick leave and holidays. Negotiations concerning salary sacrificing can be complex, so it's best to ensure you've got a clear idea of what you're agreeing to before you sign up. When does salary sacrificing not make sense? As financial advisor Cara Williams says: 'Just because something saves tax doesn't mean it's the right decision.' Many workers can get sucked into the allure of salary sacrificing to get a shiny new car or laptop, and fail to think critically about what it may mean logistically (and, admittedly, many workplaces push salary sacrificing onto employees when it may not really make sense). Williams says it's important to analyse your options methodically, especially in the case of novated leases, where a personal loan (or not getting a car at all) might suit you better. 'If the bundled costs in a novated lease exceed what you'd normally spend, you don't plan to drive much, or you don't actually need to purchase a vehicle, it may not deliver value, even if it saves some tax,' she says. 'Salary packaging can be beneficial in some situations, but it's essential to understand the full picture, including costs, obligations, and how it fits into your broader financial life.'

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