FOUNTAIN VALLEY, Calif.--(BUSINESS WIRE)--Jul 17, 2023--

Swire Pacific Ltd. has become the second notable Hong Kong company to announce plans to offload assets in

Sheikh Jassim is still waiting to hear whether his fifth and final offer for Manchester United has been successful, according to sources close to the Qatari. Recent reports within Qatar had indicated that the Sheikh’s bid – which is for 100 per cent of the club – had seen off the bid from Ineos founder Sir Jim Ratcliffe. However, the Sheikh Jassim camp described those reports as pure speculation and say they remain in a ‘holding pattern’. They expect the next step will be for the United board to meet and consider both bids. United have been approached for comment. Sheikh Jassim’s fifth bid was made last week, but at the same time it was made clear to the Glazer family – who own the club – and to the Raine merchant banking group which is overseeing the sale that he would not engage with the process beyond last Friday. The Qataris are eager to get the deal done with the summer transfer window about to kick into gear. Sheikh Jassim’s bid is understood to be a fully cash deal for 100 per cent of the club, and that all United’s debts would be cleared. Sources close to the Sheikh’s bid say that separate, additional funding would be made available for player recruitment, infrastructure and other investment needs. The Glazers first announced their intention to consider a sale of the club in November last year, with the first bids from Ratcliffe and Sheikh Jassim tabled in February. There have been reports that Ratcliffe’s offer is for 60 per cent of the club, with Avram and Joel Glazer retaining a combined 20 per cent stake, but sources close to Ratcliffe have not confirmed this. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live

CENTENNIAL, Colo.--(BUSINESS WIRE)--Aug 23, 2023--

By Francesco Canepa and Leigh Thomas FRANKFURT/PARIS (Reuters) -Three influential European Central Bank policymakers on Wednesday warned investors who are

By Chiara Elisei LONDON Corporate distress among small and medium-sized enterprises (SMEs) hit its highest since mid-2020 in

The return of Chinese tourists to destinations worldwide will top off a spectacular post-coronavirus global tourism revival this year...

A small Connecticut newspaper founded earlier this year with Ralph Nader's help has succumbed to financial problems and will be shutting down

The pass rate for the second level of the chartered financial analyst exam surged past its historic average,

Brazilian President Luiz Inacio Lula da Silva put inequality and the climate crisis at the center of a speech Tuesday that opened the annual UN General Debate in New York, lamenting that the international community has "numbed" to its responsibility to care for the world's poor.

BOCA RATON, Fla.--(BUSINESS WIRE)--Oct 26, 2023--

By David Randall NEW YORK Large leveraged bets by hedge funds in the U.S. Treasury market could "amplify