MISSISSAUGA, Ontario--(BUSINESS WIRE)--Oct 19, 2023--

US Secretary of State Antony Blinken’s visit to Saudi Arabia this week is the latest sign of improving

Goldman Sachs reported a sharp drop in profit on Wednesday as dealmaking and trading, a core part of the mega bank's business, dry up. The Wall Street titan also felt the pain of a nearly $1 billion reduction in the value of its consumer and real estate businesses.

By Gaurav Dogra and Patturaja Murugaboopathy Prospects for robust earnings growth for Asian companies in 2024 look bleak

The auto industry has announced more than $100 billion in electric car investments, creating more than 100,000 American jobs. A second Donald Trump presidency could derail the push.

A consortium that includes Leeds chairman Andrea Radrizzani has completed its takeover of Italian club Sampdoria. Leeds’ majority shareholder Radrizzani’s company Aser Group and finance company Gestio Capital announced they had concluded a deal to save financially-stricken Sampdoria late on Tuesday night. In a statement released on Sky Sports Italian reporter Gianluca Di Marzio’s social media sites, Radrizzani said: “We are nothing short of thrilled to be able to announce that we have completed the acquisition of this extraordinary club. “The history and coat of arms of Sampdoria are safe and I think my happiness is (for) of all the people who were suffering for these colours. “My thanks at this time go above all to all those people who worked relentlessly to ensure that this agreement found a just conclusion. “And in particular I have to extend a huge thank you to Matteo (Manfredi, Gestio Capital principal) and to the lawyer De Gennaro. “Without them none of this would have been possible. From today we move on…. and I personally can’t wait to get to work.” Radrizzani, who bought Leeds for £45million in 2017, is expected to sell his 56 per cent stake in the Premier League club to American co-owners 49ers Enterprises. The financial arm of NFL franchise the San Francisco 49ers increased its stake in Leeds to 44 per cent at the end of 2021 with a deal in place to buy Radrizzani’s stake and take full control before January 2024. 49ers Enterprises has been reported to be keen to complete a takeover this summer, but the deal was contingent on Leeds remaining in the Premier League and it remains to be seen how relegation will affect a possible change of ownership at Elland Road. Leeds’ three-year stay in the top flight was ended on Sunday when they lost 4-1 to Tottenham at Elland Road in their last game of the season. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live

(Reuters) -Abercrombie & Fitch Inc raised its annual sales on Wednesday, banking on steady demand for its clothes and accessories

Spotify Technology SA is in talks to make the popular podcasts Armchair Expert and Anything Goes available on

SAO PAULO Brazil's antitrust regulator Cade on Wednesday recommended the approval of the sale of Natura & Co's

Consumer inflation in the United States nudged down only slightly in April, the Labor Department said on Wednesday, despite strong efforts to cool the economy...

Kia unveiled two new concept electric vehicles ahead of the Los Angeles Auto Show as the South Korean

Markets, Boaz Weinstein said this week, are “constantly wrong.” Telling which one is most astray right now has