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Del Vecchios’ Firm Is Long-Term Mediobanca Investor
Del Vecchios’ Firm Is Long-Term Mediobanca Investor
The Del Vecchio family’s investment company “has never been an activist” shareholder and has a long-term commitment as
2023-10-21 19:22
China’s Securities Regulator Cuts Total Staff Pay After Revamp
China’s Securities Regulator Cuts Total Staff Pay After Revamp
China’s securities watchdog has slashed its budget for staff compensation this year, in a sign of further pay
2023-05-15 10:55
Japanese Stocks Extend Losses as US Debt Woes Spur Profit Taking
Japanese Stocks Extend Losses as US Debt Woes Spur Profit Taking
Japanese stocks fell for a second day as an impasse in US debt ceiling negotiations convinced some investors
2023-05-24 09:26
UK Homes in Debt on Energy Bills Surges 36% This Year, EDF Says
UK Homes in Debt on Energy Bills Surges 36% This Year, EDF Says
The number of customers falling into debt on their energy bills has increased by 36% since the beginning
2023-09-29 08:19
Xi, Biden to meet next week to 'stabilize' ties, US says
Xi, Biden to meet next week to 'stabilize' ties, US says
US President Joe Biden and Chinese President Xi Jinping will meet on November 15 in the San Francisco area to try to "stabilize" relations after recent tensions between...
2023-11-10 21:27
US investment firm 777 Partners considering Everton majority purchase – reports
US investment firm 777 Partners considering Everton majority purchase – reports
American investment firm 777 Partners have returned to the negotiating table at Everton but are now reportedly considering a majority purchase. The group had been in talks earlier this summer over a partial investment only for rivals MSP Sports Capital to enter into an exclusivity agreement with Toffees owner Farhad Moshiri. With the agreement now over after that potential investment fell through over repayments to existing lenders – although a £100million loan to help finalise the completion of a new stadium at Bramley-Moore Dock was agreed – it appears 777 have re-entered talks. However, reports suggest it is with a view to a full takeover of the club. Everton have been seeking outside investment for some time in order to free up finances to complete the new stadium. In January Moshiri, who has spent more than £500million on players since becoming the majority shareholder in 2016, said the club was not up for sale but admitted he was exploring funding options to cover the final stages of the £550m-plus build at Bramley-Moore which will is set to see the ground opened next season. The 777 group, which did not comment when contacted by the PA news agency, currently own, or part own, Genoa, Standard Liege, Hertha Berlin, Vasco de Gama and Melbourne Victory and the London Lions basketball team and British Basketball League. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live
2023-09-12 19:53
Bahamas court boosts Bankman-Fried's challenge to post-extradition charges
Bahamas court boosts Bankman-Fried's challenge to post-extradition charges
By Luc Cohen NEW YORK (Reuters) -A Bahamas court on Tuesday temporarily barred the country's government from agreeing to let
2023-06-14 05:50
Rite Aid files for bankruptcy
Rite Aid files for bankruptcy
Rite Aid filed for Chapter 11 bankruptcy protection Sunday, after being embroiled in legal battles for allegedly filling unlawful opioid prescriptions.
2023-10-16 11:28
US to propose new rules for airline cancellations, delays
US to propose new rules for airline cancellations, delays
The Biden administration is starting work on new regulations it says will expand the rights of airline passengers
2023-05-08 22:59
Oil Holds Deep Slump on Weak Demand Signals Ahead of OPEC+ Meet
Oil Holds Deep Slump on Weak Demand Signals Ahead of OPEC+ Meet
Oil held its biggest decline in four weeks on signs of weaker demand and sufficient supply ahead of
2023-05-31 10:45
Qantas Hit by Lawsuit Over Multibillion Dollar Travel Credits
Qantas Hit by Lawsuit Over Multibillion Dollar Travel Credits
Qantas Airways Ltd. was served with a class-action lawsuit by lawyers who allege the airline failed to refund
2023-08-21 09:56
Stock market today: Wall Street drifts lower as markets worldwide pull back
Stock market today: Wall Street drifts lower as markets worldwide pull back
Wall Street drifted lower following a rally that sent it roaring 16% higher for the year so far
2023-07-06 04:55