A Warren Buffet Company Held Liable for Wildfires Is Spooking Utility Investors
Destructive wildfires are now an almost routine part of summer in the American West, and electrical utilities have
2023-07-19 06:48
Germany wants tighter foreign investment controls amid China 'de-risking'
BERLIN German Economy Minister Robert Habeck wants to tighten the process for reviewing foreign investments with a new
2023-08-20 22:49
Kospi Climbs 20% From September Low, Heads for Bull Market
South Korea’s equity benchmark headed for a bull market as purchases by foreign investors helped boost shares of
2023-05-31 08:16
Bank of Montreal Misses Forecast; Loan-Loss Set-Asides Grow
Bank of Montreal posted a surprise drop in fiscal second-quarter profit as it set aside a larger provision
2023-05-24 20:16
UK rental market suffers record price rise
UK housing rental prices spiked by a record rate with London hit particularly hard, official data showed Wednesday, stoking a cost-of-living crisis as inflation remains...
2023-11-16 00:21
Top Chinese Smartphone Maker Exits Chip Design as Sector Reels
Oppo, China’s biggest domestic smartphone maker, is closing its chip design business as the global smartphone market extends
2023-05-12 12:56
China Threatens Action as Japan Sets Nuclear Wastewater Release
China vowed to take “necessary steps” to safeguard food safety and the marine environment after Japan set a
2023-08-23 12:17
Italy looking to boost loyalty shares scheme to help Milan bourse
By Giuseppe Fonte ROME Italy is looking to boost the ability of listed companies to issue shares with
2023-07-13 17:58
US Commerce Secretary Raimondo pledges to be 'practical' in working with China
US Commerce Secretary Gina Raimondo says she is visiting Beijing "with the spirit of being practical and finding concrete opportunities" to advance mutual interests at her Monday meeting with Chinese Commerce Minister Wang Wentao.
2023-08-28 10:53
South Africa's unemployment is a 'ticking time bomb.' Anger rises with millions jobless
South Africa's official unemployment rate of 33% is the highest in the world, outstripping those of Gaza and the West Bank, Djibouti and Kosovo
2023-08-14 15:48
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
SolarEdge forecasts dour Q4 revenue as demand concerns loom; shares plunge
SolarEdge Technologies on Wednesday forecast fourth-quarter revenue below Wall Street estimates on weak demand for its solar inverters,
2023-11-02 05:22
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