ECB's Lagarde sees no peak in core inflation despite 'moderation'
FRANKFURT European Central Bank President Christine Lagarde on Monday acknowledged "signs of moderation" in core inflation in the
2023-06-05 21:58
Rishi Sunak Refuses to Hand Over WhatsApp Texts to UK’s Covid Inquiry
Rishi Sunak’s administration refused a demand from the UK’s Covid-19 inquiry to hand over former Prime Minister Boris
2023-06-02 00:54
Manchester United considering giving bid exclusivity to Sheikh Jassim – Report
Sources close to Sheikh Jassim have declined to comment on a report that Manchester United are considering granting exclusivity to the Qatari in the race to buy the club. Sheikh Jassim made a fifth and final bid for the club last week and it is being reported that his offer is viewed more favourably by the club’s owners, the Glazer family, than a rival bid from Ineos founder Sir Jim Ratcliffe. However, the Sheikh’s team indicated nothing had changed from earlier in the week when a report from Qatar suggesting Sheikh Jassim had won the race to buy United was described as “pure speculation” by one source. The report on Thursday suggested that, if exclusivity was granted to Sheikh Jassim by the club, it would shut out the Ratcliffe bid for as long as the exclusivity period lasted. Sheikh Jassim’s bid has always been to buy 100 per cent of the club. It has been reported that Ratcliffe was offering to buy 60 per cent, allowing Avram and Joel Glazer to retain a combined 20 per cent, but the Ratcliffe camp has declined to comment on that point. Trading in Manchester United shares on the New York Stock Exchange was temporarily paused due to “volatility,” though shares resumed trading shortly afterwards, and were up 12 per cent on the day. A new company, Nine Two UK Holdings Limited, was also incorporated in the UK on Thursday as part of Sheikh Jassim’s preparations should his bid be successful. The PA news agency understands the paperwork was submitted months ago, with sources insisting the incorporation was simply part of getting things in order rather than an indication Sheikh Jassim’s offer had been accepted. The documents published on the Companies House website list Sheikh Jassim as an individual person with significant control of the company. He is listed as one of two directors, alongside Abdulrahman Abdulla Al Ansari. Al Ansari is also on the board of the Qatar Chamber, which describes itself as a non-profit public organisation whose mission is to represent, support and protect the interests of the business community in Qatar. Companies House says all shares in the new UK company are owned by Nine Two Holdings LLC, which was registered in Qatar in April. The listing confirms Sheikh Jassim was born in April 1982, making him 41 years old. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live
2023-06-15 23:48
Colombia's Grupo Argos to 'seriously' consider finding a strategic partner
BOGOTA Grupo Argos, Colombia's largest industrial conglomerate, on Tuesday said it will focus "seriously" on finding a strategic
2023-06-21 01:49
Chesapeake to exit Eagle Ford basin with $700 million SilverBow deal
Chesapeake Energy said on Monday it would sell its remaining Eagle Ford assets to SilverBow Resources for $700
2023-08-14 18:52
PJT Partners Has ‘Quite Significant’ Hiring Plans Despite M&A Slump, CEO Says
PJT Partners Inc. has “quite significant” plans to keep hiring even after the advisory firm tripled headcount in
2023-08-02 01:21
Players returning from LIV Golf is part of Saudis' agreement with PGA Tour
Now that the PGA Tour and European tour have a deal with the Saudis, one step is deciding how players can return from LIV Golf if they so choose
2023-06-27 10:48
VW struggling with S.Africa costs as group targets savings - executive
By Joe Bavier JOHANNESBURG A senior Volkswagen executive involved in a global cost-cutting strategy said on Friday he
2023-11-24 23:47
Bank of Japan to conduct unscheduled bond-buying operation
By Kevin Buckland TOKYO The Bank of Japan announced an unscheduled bond operation on Tuesday, as it sought
2023-10-24 10:50
Pfizer's production facilities appear undamaged in N. Carolina tornado, CEO says
Pfizer CEO Albert Bourla said on Friday that hurricane damage this week had almost completely destroyed the drugmaker's
2023-07-22 02:58
Smurfit Kappa to Buy WestRock in $11 Billion Packaging Deal
Smurfit Kappa Group Plc agreed to acquire WestRock Co. in an $11.2 billion deal that creates a packaging
2023-09-12 17:50
Taiwan defends Foxconn over China tax probe
Taiwan defended tech giant Foxconn on Monday after China launched an investigation into several of the firm's sites, saying that Taiwanese businesses should not...
2023-10-23 16:19
You Might Like...
Bean Shortage Drives Up Cost of Even the Cheapest Cup of Coffee
Australia's ANZ Group and Suncorp seek review of $3.2 billion deal block
Disney’s ‘Wish’ Confronts Shrinking Thanksgiving Box Office
Birkenstock aims to raise up to $1.58 bn in IPO
Ryder Honors Top Carriers of the Year for Commitment to Innovation and Service Excellence
Comcast Names Jeff Buzzelli to Lead Florida Region
US Frustration With Israel Grows as Gaza Civilian Deaths Mount
Australia's BNPL firm Zip to streamline cost and operations - official
