Europe shares edge lower as bank stocks drag
European shares edged lower on Monday, as a sharp decline in financial stocks more than offset gains in
2023-06-26 15:58
L&T Technology Services and BSNL Join Hands to Enable Private 5G Network Deployments for Enterprises
BENGALURU, India--(BUSINESS WIRE)--Jun 26, 2023--
2023-06-26 15:53
Ryan Reynolds and Rob McElhenney to invest in F1 team
Wrexham owners and Hollywood actors Ryan Reynolds and Rob McElhenney are part of an investor group that has bought a 24 per cent in F1 team Alpine. Renault, the Formula One team’s parent company, confirmed that Reynolds and McElhenney had joined RedBird Capital Partners, the US investment firm who own Italian football club AC Milan and also have stakes in Liverpool owners Fenway Sports Group, in the deal. The 24 per cent equity purchase of £171m values Alpine at around £706m and the team said they will hope to compete for the F1 championship following the increased investment. Alpine, who are based in Britain and were born after Renault rebranded its F1 outfit two years ago, finished fourth in the constructors championship behind Red Bull, Ferrari and Mercedes last season. Reynolds and McElhenney made their first steps into sports ownership when they announced a shock takeover of non-league side Wrexham in 2020. Under their ownership and alongside the popular documentary show Welcome to Wrexham, the Welsh side returned to the Football League with promotion last season following a memorable campaign. Hollywood actor and Creed star Michael B Jordan, who has a minority stake in Premier League team Bournemouth, and US-based Otro Capital are also among the new group of investors in Alpine, the team confirmed. Alpine chief executive Laurent Rossi said: "This association is an important step to enhance our performance at all levels." Read More Ryan Reynolds and Rob McElhenney insist they will not get bored at Wrexham Why Wrexham? How Ryan Reynolds and Rob McElhenney came to buy a club they’d never heard of
2023-06-26 15:25
Factbox-PwC Australia scandal latest of many around the globe for the firm
By Lewis Jackson SYDNEY PricewaterhouseCoopers (PwC) Australia is under fire after a former partner leaked confidential government tax
2023-06-26 15:17
Sharp slowdown in growth of bank lending for euro zone and Germany forecast
FRANKFURT High interest rates will keep a lid on the pace of bank lending in Europe this year
2023-06-26 14:51
Emulate Unveils Chip-A1, Expanding Organ-on-a-Chip Technology Applications Within the Cancer and Cosmetics Markets
BOSTON--(BUSINESS WIRE)--Jun 26, 2023--
2023-06-26 14:27
Exclusive-Deutsche Bank tells investors some of their Russian shares are missing
By Sinead Cruise and Carolina Mandl LONDON/NEW YORK Deutsche Bank has told clients it can no longer guarantee
2023-06-26 14:24
Russia Latest: Wagner Remains in Ukraine, Ruble Trades Lower
Wagner forces appear to still be operating in conflict areas in Ukraine even as the whereabouts of the
2023-06-26 13:57
In the Market: How to harness the benefits of corporate diversity
By Paritosh Bansal In the early 2000s, Maryann Bruce and other senior women executives at Wachovia bank formed
2023-06-26 13:30
Haruki Murakami pleads for keeping Tokyo park and baseball stadium that inspired his writing
Author Haruki Murakami says he's strongly opposed to the redevelopment of a Tokyo park district that would remove his favorite jogging path and tear down the baseball stadium where he was inspired to become a novelist
2023-06-26 13:26
Oil price gains evaporate after short-lived Wagner insurrection in Russia
Gains in oil prices evaporated on Monday after a brief and chaotic insurrection in Russia, with investors questioning whether the turmoil in Moscow could disrupt global energy supplies.
2023-06-26 13:25
SimScale Strengthens Presence in Asia through Strategic Partnership with KKE Japan
MUNICH & TOKYO--(BUSINESS WIRE)--Jun 26, 2023--
2023-06-26 13:24