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Banks in EU largely comply with 'Basel Endgame', says watchdog
Banks in EU largely comply with 'Basel Endgame', says watchdog
By Huw Jones LONDON European Union banks already largely meet tougher global capital rules to bolster defences against
2023-09-26 18:56
Aramco, Siemens Energy, Novo Nordisk Top European Earnings to Watch Next Week
Aramco, Siemens Energy, Novo Nordisk Top European Earnings to Watch Next Week
As a dense but brief European earnings season draws to a close, a handful of big hitters spanning
2023-08-04 15:47
Asian markets rise as positive mood flows across trading floors
Asian markets rise as positive mood flows across trading floors
Asian investors started August in the same way they ended July, with gains across markets that followed Wall Street's lead, fuelled by a general sense...
2023-08-01 10:47
Chelsea negotiating for Romeo Lavia transfer to take Todd Boehly’s spending past £900m
Chelsea negotiating for Romeo Lavia transfer to take Todd Boehly’s spending past £900m
Chelsea are negotiating a fee of £50m with add-ons for Romeo Lavia, after the midfielder signalled his intention to leave Southampton for Stamford Bridge rather than Liverpool. The Anfield club had earlier on Monday had a £60m bid accepted for the 19-year-old and, while he was interested in going north, moving to London has proved a more favourable option. There was some frustration given that it was felt Liverpool could have had a deal done last week, but Southampton absolutely refused to drop their asking price from £50m, in what has proved a seller's market. The signing will take Chelsea's expenditure to over £900m gross since the takeover in May 2022, and raised questions over how they will meet Financial Fair Play requirements. While the spending has inevitably been the subject of a lot of discussion at the top levels of clubs, just as it has been in the wider game, there has been no contact with the Premier League about it. Chelsea are likely to still have a number of outgoings in the two weeks left of the window - although that does raise the issue of clubs knowing they need to sell. The Premier League are expected to change their rules to bring them in line with Uefa's, closing a loophole that allows transfer fees to be spread over a longer-period and setting a limit at five years, but that will not affect the last year's spending. The regulations are also dependent on the year-end date for signings and which year the transactions go into. Chelsea completed the signing of Moises Caicedo for an initial £100m from Brighton earlier on Monday. Read More Chelsea end Caicedo saga by signing Brighton midfielder for initial £100m Chelsea’s £1bn spending spree still isn’t enough Chelsea and Liverpool trial football without defensive midfielders
2023-08-15 05:25
A Nigerian forest and its animals are under threat. Poachers have become rangers to protect both
A Nigerian forest and its animals are under threat. Poachers have become rangers to protect both
Omo Forest Reserve, a tropical rainforest in southern Nigeria, faces threats from excessive logging, uncontrolled farming and poaching
2023-08-17 14:29
Adelson Family to Buy Sports Team With $2 Billion Share Sale
Adelson Family to Buy Sports Team With $2 Billion Share Sale
Miriam Adelson, the widow of casino magnate Sheldon Adelson, is selling $2 billion of stock in Las Vegas
2023-11-29 05:47
Avenue Bellevue Sets New Record With $14.35M Penthouse Sale
Avenue Bellevue Sets New Record With $14.35M Penthouse Sale
BELLEVUE, Wash.--(BUSINESS WIRE)--Jul 11, 2023--
2023-07-11 19:18
Lebanon economic crisis means more work for craftsmen
Lebanon economic crisis means more work for craftsmen
Among meandering alleyways in the historic market of Lebanon's southern city of Sidon, cobblers and menders are doing brisk business, as an economic crisis...
2023-07-16 12:20
Stock market today: Wall Street edges higher in early trading
Stock market today: Wall Street edges higher in early trading
Stocks are drifting higher in early trading as a listless week on Wall Street appears to be heading toward a quiet close, even as big worries continue to roil under the surface
2023-05-12 21:54
Cathay Pacific Offers to Redeploy Spare Pilots to Low-Cost Unit
Cathay Pacific Offers to Redeploy Spare Pilots to Low-Cost Unit
Continuing to untangle itself from the legacy of Covid, Cathay Pacific Airways Ltd. offered its junior pilots the
2023-06-14 15:50
Dollar General cuts annual forecasts on weak traffic, discretionary spending slowdown
Dollar General cuts annual forecasts on weak traffic, discretionary spending slowdown
Dollar General cut its annual sales and profit forecasts on Thursday, hurt by a decline in store traffic
2023-08-31 19:51
Express Just Got A Luxe Footwear Upgrade Thanks To Brian Atwood
Express Just Got A Luxe Footwear Upgrade Thanks To Brian Atwood
Searching for your next favorite pair of shoes? Well, you may just find them at Express courtesy of Brian Atwood.
2023-08-30 02:21