Buffett’s Japan Trading Firm Picks Hit Records as Targets Raised
Shares of Japanese trading companies that Warren Buffett has invested in climbed to record highs after analysts at
2023-06-13 11:48
Nasdaq, S&P 500 futures fall after Q2 reports by Tesla, Netflix
The S&P 500 and Nasdaq futures fell on Thursday as Tesla kicked off second-quarter earnings for megacap growth
2023-07-20 17:28
Australia Could Extend TikTok Ban to WeChat, Senate Report Says
Australia should consider extending a ban on TikTok from government devises to include WeChat, a panel of lawmakers
2023-08-02 15:47
The 2023 Shenzhen New Energy Vehicle Industry Showcased Its Development in Macao to Strengthen its Expansion into Portuguese Speaking Countries
MACAO--(BUSINESS WIRE)--Nov 25, 2023--
2023-11-25 20:45
White House cheers ‘Bidenomics’ as inflation rises by only 0.2%
The Bureau of Labor Statistics reported that inflation ticked up by only 0.2 per cent in June and had its lowest 12-month increase in more than two years in a welcome turn of events for President Joe Biden. The Consumer Price Index for All Urban Consumers showed that inflation rose 0.2 per cent last month after it had only ticked up 0.1 per cent in May, in a sign that inflation is easing up. Meanwhile, the all-items index rose 3.0 per cent for the past twelve months ending in June, its lowest 12-month increase since March of 2021.
2023-07-12 21:57
Former First Lady Leads Violent Guatemala Election That Saw Poll Workers Doused With Gasoline
Guatemala’s presidential election is set for a runoff between two candidates promising to boost social spending and improve
2023-06-27 04:19
JPMorgan Chase CEO Jamie Dimon says Trump doesn't understand the debt ceiling
JPMorgan Chase CEO Jamie Dimon sharply criticized former President Donald Trump on Thursday, saying the 2024 presidential candidate doesn't understand the debt ceiling and what is at stake. It is just "one more thing he doesn't know very much about," Dimon told Bloomberg Television.
2023-05-12 02:54
What's next on the debt ceiling: Selling the plan, and making a deal into a law
After weeks of negotiations, President Joe Biden and House Speaker Kevin McCarthy have announced an “agreement in principle” to raise the nation’s debt ceiling and avoid a potentially catastrophic default
2023-05-28 12:15
Google to Make Laptops in India in Win for Modi’s Tech Push
Alphabet Inc.’s Google will begin to make its Chromebook laptops in India, the latest among global tech companies
2023-10-02 14:18
Albuquerque International Balloon Fiesta brings colorful displays to the New Mexico sky
The Albuquerque International Balloon Fiesta is ready to bring colorful displays to the New Mexico sky
2023-10-07 13:24
Hong Kong Tackles a Talent Crunch for the ‘Hardest Position to Fill’ in Crypto
Hong Kong, which is preparing to introduce a new regime for trading digital assets, is responding to concerns
2023-05-24 10:23
Chelsea reveal Uefa resolution after ‘incomplete financial reporting’ under the Roman Abramovich regime
Chelsea have agreed a resolution with UEFA that will see them hand over 10million euros (£8.57million) after owning up to “incomplete financial reporting” under the Roman Abramovich regime. A new ownership group led by Todd Boehly and Clearlake Capital completed their takeover of the club in May last year from Abramovich, who was sanctioned over his links to Russia president Vladimir Putin. UEFA, which has also banned Juventus from competing in the Europa Conference League this season due to financial irregularities, confirmed it was approached “proactively” by the Boehly-led consortium. They detected instances of partial financial information being submitted in historical transactions occurring between 2012 and 2019, breaching UEFA Club Licensing and Financial Fair Play regulations. A UEFA statement said: “Following its assessment, including the applicable statute of limitations, the CFCB (Club Financial Control Body) First Chamber entered into a settlement agreement with the club which has agreed to pay a financial contribution of 10million euros to fully resolve the reported matters.” The sanction represents another blow for Chelsea’s current owners after a disappointing first year at the helm, with the club’s 12th-place finish in the Premier League last term their worst since 1993-94. Chelsea have forked out around £600million in transfers since Boehly’s arrival, while former Tottenham boss Mauricio Pochettino has been tasked with turning around their on-pitch fortunes. Chelsea said in a statement the owners became aware of potential impropriety when carrying out a “thorough due diligence process” prior to the purchase and, upon completion of the takeover, they reported this to UEFA. The statement added: “In accordance with the club’s ownership group’s core principles of full compliance and transparency with its regulators, we are grateful that this case has been concluded by proactive disclosure of information to UEFA and a settlement that fully resolves the reported matters. “We wish to place on record our gratitude to UEFA for its consideration of this matter. Chelsea greatly values its relationship with UEFA and looks forward to building on that relationship in the years to come.” Juventus have also been reprimanded after a separate UEFA investigation and as well as throwing the Italian giants out of European football, they have been fined 20million euros (£17.14m). However, half of that fine has been suspended and Juventus will only have to pay if their financial records for the next three years do not comply with the accounting requirements. Juventus – who were docked 10 points last season over their past transfer dealings, effectively ending their hopes of Champions League qualification – were found to have violated the framework of a settlement agreement with UEFA in August last year. Juventus president Gianluca Ferrero said in a statement on the club’s website: “We regret the decision of the UEFA Club Financial Control Body. “We do not share the interpretation that has been given of our defence and we remain firmly convinced of the legitimacy of our actions and the validity of our arguments. “However, we have decided not to appeal this judgement. Despite this painful decision, we can now face the new season by focusing on the field and not on the courts.”
2023-07-29 05:21
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