Zimbabwe Worker Exodus Intensifies With Economy in Meltdown

Years of mass migration from Zimbabwe has gained fresh impetus as an economic meltdown continues unabated, further denuding

2023-10-14 14:29

Dick Bove Returns to Negative View on Bank Stocks After Fed Signals More Hikes

The Federal Reserve’s hawkish remarks on Wednesday has led at least one analyst to take a negative view

2023-06-16 04:22

Australia's central bank sees risks mounting in global markets, China property

SYDNEY, Oct 6 Australia's economy is well placed to weather strains in global financial markets, though the risks

2023-10-06 08:48

After summit joined by China, US and Russia, Indonesia's leader warns of protracted conflicts

Indonesia’s president has issued a stark warning after wrapping up a summit of Southeast Asian countries that was joined by China, the United States and Russia

2023-09-07 23:57

A Fed still wary of inflation is set to raise rates to a 22-year peak. Will it be the last hike?

Even after inflation has steadily eased this year, the Federal Reserve’s policymakers still think prices are rising too fast and are almost certain to lift their key interest rate by a quarter-point on Wednesday

2023-07-26 12:28

Musk picks ad exec Linda Yaccarino as Twitter CEO

Elon Musk has chosen top ad executive Linda Yaccarino to take the day-to-day reins of Twitter as he fights to reverse the tide at the struggling platform he...

2023-05-13 00:54

Manchester United share price crashes by £500m after report Glazers may not sell

Manchester United’s valuation on the New York Stock Exchange plummeted by more than £500million in the wake of a report that the Glazers have decided not to sell. Nine months ago the owners announced a full sale was among the options being considered as part of a strategic review at the Old Trafford club. Sheikh Jassim and Sir Jim Ratcliffe made offers to buy United, yet the interminable potential takeover process rumbles on as fans continue to protest against the Glazers. Hopes of a full sale were seemingly dashed when the Mail on Sunday reported that the owners are taking the club off the market and will try to sell again in 2025. That report led to more than £500m being knocked off United’s share price on Tuesday. After the New York Stock Exchange reopened following the Labor Day holiday, the price plummeted from 23.66 US dollars (£18.83) to 19.35 US dollars (£15.40) by close. United’s market capitalisation – the company’s worth on the stock market – was left at 3.15billion US dollars (£2.5billion) after the 18.22 per cent drop. Earlier this year the Glazer family reportedly valued United at £6bn. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live

2023-09-06 15:48

Man Utd takeover: The reason for delays in club sale process

Manchester United's sale process is being held up by disagreements over which bid to proceed with between the six Glazer siblings.

2023-06-29 20:25

Heavy industry turns to carbon capture to clean up its act

For decades heavy industry around Dunkirk in northern France has belched out millions of tonnes...

2023-10-30 12:52

YouTuber who staged plane crash faces up to 20 years jail: US officials

A YouTuber pilot who bailed out midair and deliberately sent his plane crashing into the ground to bolster viewing numbers on his channel could be jailed for up to...

2023-05-12 10:29

1 crew member killed in a fire on a cargo ship carrying nearly 3,000 cars in the North Sea

A fire on a freight ship carrying nearly 3,000 cars is burning out of control in the North Sea

2023-07-26 19:58

Soaring US Dollar Raises Alarm as China, Japan Escalate FX Pushback

A renewed advance in the dollar is sending Asian currencies to multi-month lows while prompting authorities in China

2023-09-06 12:19