Party City set to exit bankruptcy with $1 billion debt reduction
By Dietrich Knauth A U.S. bankruptcy judge on Wednesday approved Party City Holdco's Chapter 11 bankruptcy plan, which
2023-09-07 04:27
Bankman-Fried loses bid to get out of jail, appeals court will hear case
By Luc Cohen NEW YORK Sam Bankman-Fried on Wednesday lost his bid to be freed immediately from a
2023-09-07 02:18
Bank of Canada holds interest rate 5%, warns of more tightening
TORONTO The Bank of Canada on Wednesday held its key overnight interest rate at 5%, noting the economy
2023-09-06 22:29
First funding tranche for Verkor battery gigafactory near complete- co-founder
By Gilles Guillaume PARIS Verkor should complete the first tranche of fundraising for its future battery gigafactory in
2023-09-06 22:23
Phillips, Cargill make statement about Black team ownership by winning professional softball title
Former Major League Baseball star Brandon Phillips and current women's pro wrestler Jade Cargill took on professional sports franchise ownership together less than a year ago
2023-09-06 21:47
Federal safety regulators push to recall 52 million air bags
Federal safety regulators are pushing to get 52 million air bags recalled due to the threat that they could explode, severely injuring or even killing a car's occupants.
2023-09-06 21:29
Bank of Canada seen holding rates steady after economy shrank in Q2
By Steve Scherer and David Ljunggren OTTAWA The Bank of Canada on Wednesday is expected to keep rates
2023-09-06 18:49
Marketmind: Restive markets simmer after oil sideswipe
A look at the day ahead in U.S. and global markets from Mike Dolan Roiled by an oil price spike
2023-09-06 18:16
Dollar holds near 6-month peak on global growth fears, fragile yen draws warning
By Samuel Indyk and Ankur Banerjee LONDON The dollar held close to a six-month peak as jitters over
2023-09-06 16:55
ECB’s Knot Says Markets Risk Underplaying Hiking Chances
Investors largely betting against a European Central Bank interest-rate increase next week are “maybe” underestimating the likelihood of
2023-09-06 16:45
Manchester United share price crashes by £500m after report Glazers may not sell
Manchester United’s valuation on the New York Stock Exchange plummeted by more than £500million in the wake of a report that the Glazers have decided not to sell. Nine months ago the owners announced a full sale was among the options being considered as part of a strategic review at the Old Trafford club. Sheikh Jassim and Sir Jim Ratcliffe made offers to buy United, yet the interminable potential takeover process rumbles on as fans continue to protest against the Glazers. Hopes of a full sale were seemingly dashed when the Mail on Sunday reported that the owners are taking the club off the market and will try to sell again in 2025. That report led to more than £500m being knocked off United’s share price on Tuesday. After the New York Stock Exchange reopened following the Labor Day holiday, the price plummeted from 23.66 US dollars (£18.83) to 19.35 US dollars (£15.40) by close. United’s market capitalisation – the company’s worth on the stock market – was left at 3.15billion US dollars (£2.5billion) after the 18.22 per cent drop. Earlier this year the Glazer family reportedly valued United at £6bn. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live
2023-09-06 15:48
Bank of Russia to Meet Currency Demand as Eurobond Comes Due
Russia’s central bank will offload 150 billion rubles ($1.5 billion) of foreign exchange in the domestic market this
2023-09-06 15:47