
New BOE Rate Setter Greene Says Policymakers Should Focus on Medium Term
The Bank of England’s newest rate setter Megan Greene said policy makers were right to raise interest rates
2023-06-13 18:56

Starmer Eyes Labour Surge in Scotland After SNP’s ‘Implosion’
Keir Starmer said his Labour Party sees an opportunity to make political gains in Scotland, following what he
2023-06-13 18:52

Growing number of small businesses worry about inflation and the economy's future
A greater number of small businesses are worried about inflation and future business conditions, according to a survey released Tuesday by the National Federation of Independent Business.
2023-06-13 18:51

BBC, ITV Inch Closer to Deal to Avoid Women’s World Cup Blackout
FIFA and UK broadcasters BBC and ITV Plc are inching closer to a deal that would see them
2023-06-13 18:23

Sheikh Jassim waiting to hear if final offer to buy Man Utd has been successful
Sheikh Jassim is still waiting to hear whether his fifth and final offer for Manchester United has been successful, according to sources close to the Qatari. Recent reports within Qatar had indicated that the Sheikh’s bid – which is for 100 per cent of the club – had seen off the bid from Ineos founder Sir Jim Ratcliffe. However, the Sheikh Jassim camp described those reports as pure speculation and say they remain in a ‘holding pattern’. They expect the next step will be for the United board to meet and consider both bids. United have been approached for comment. Sheikh Jassim’s fifth bid was made last week, but at the same time it was made clear to the Glazer family – who own the club – and to the Raine merchant banking group which is overseeing the sale that he would not engage with the process beyond last Friday. The Qataris are eager to get the deal done with the summer transfer window about to kick into gear. Sheikh Jassim’s bid is understood to be a fully cash deal for 100 per cent of the club, and that all United’s debts would be cleared. Sources close to the Sheikh’s bid say that separate, additional funding would be made available for player recruitment, infrastructure and other investment needs. The Glazers first announced their intention to consider a sale of the club in November last year, with the first bids from Ratcliffe and Sheikh Jassim tabled in February. There have been reports that Ratcliffe’s offer is for 60 per cent of the club, with Avram and Joel Glazer retaining a combined 20 per cent stake, but sources close to Ratcliffe have not confirmed this. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live
2023-06-13 17:55

Private Equity Firms Have $1.5 Trillion to Spend, But Are Struggling to Seal Deals
Private equity firms hunting for acquisitions with their $1.5 trillion of unspent capital are struggling to seal deals
2023-06-13 17:54

China’s Stimulus Runs Into Wall of Doubts in a Bearish Market
The lack of confidence is so entrenched among China’s equity investors that government efforts to boost growth are
2023-06-13 17:53

Japan Delays Possible Tax Hike Period for Defense: Documents
Japan’s government plans to consider raising taxes to help fund a jump in defense spending a year later
2023-06-13 17:51

Odey Gates Redemptions From Brook Developed Markets Fund
Odey Asset Management has gated the Brook Developed Markets Fund after redemption requests surged, as it moves to
2023-06-13 17:47

US moves to block Microsoft's Activision takeover
Regulators have asked a judge to block the proposed deal, arguing it could harm competition levels.
2023-06-13 17:26

China Credit Demand Weakens In Fresh Sign of Waning Recovery
China’s credit demand weakened in May as the economy’s recovery lost steam, adding to reasons for the central
2023-06-13 17:26

Jefferies Set to Hire Credit Suisse APAC ECM Syndicate Co-Head Chan
Jefferies Financial Group Inc. is poised to hire Credit Suisse Group AG’s co-head of Asia Pacific equity capital
2023-06-13 17:25