
Amazon’s Leader on Alexa, Echo and Other Devices Plans to Leave
Amazon.com Inc. devices chief Dave Limp plans to retire — the latest senior leader to announce his departure
2023-08-15 05:26

Chelsea negotiating for Romeo Lavia transfer to take Todd Boehly’s spending past £900m
Chelsea are negotiating a fee of £50m with add-ons for Romeo Lavia, after the midfielder signalled his intention to leave Southampton for Stamford Bridge rather than Liverpool. The Anfield club had earlier on Monday had a £60m bid accepted for the 19-year-old and, while he was interested in going north, moving to London has proved a more favourable option. There was some frustration given that it was felt Liverpool could have had a deal done last week, but Southampton absolutely refused to drop their asking price from £50m, in what has proved a seller's market. The signing will take Chelsea's expenditure to over £900m gross since the takeover in May 2022, and raised questions over how they will meet Financial Fair Play requirements. While the spending has inevitably been the subject of a lot of discussion at the top levels of clubs, just as it has been in the wider game, there has been no contact with the Premier League about it. Chelsea are likely to still have a number of outgoings in the two weeks left of the window - although that does raise the issue of clubs knowing they need to sell. The Premier League are expected to change their rules to bring them in line with Uefa's, closing a loophole that allows transfer fees to be spread over a longer-period and setting a limit at five years, but that will not affect the last year's spending. The regulations are also dependent on the year-end date for signings and which year the transactions go into. Chelsea completed the signing of Moises Caicedo for an initial £100m from Brighton earlier on Monday. Read More Chelsea end Caicedo saga by signing Brighton midfielder for initial £100m Chelsea’s £1bn spending spree still isn’t enough Chelsea and Liverpool trial football without defensive midfielders
2023-08-15 05:25

Economic jitters as outsider leads Argentina election race
Argentina devalued the peso as economic jitters gripped the country on Monday after an anti-establishment candidate advocating harsh austerity measures surged to the...
2023-08-15 05:23

Back to the future for India's rice farmers
India, the world's biggest rice exporter, is turning to old varieties and new farming techniques.
2023-08-15 05:20

Yellen calls for diversified clean energy supply chains
US Treasury Secretary Janet Yellen stressed Monday the need for diversified clean energy supply chains as America shifts away from fossil fuels, warning that production should not...
2023-08-15 05:20

Bankers Hate Saying ‘ESG’ But Are Hardwiring It Into Finance
Bankers, money managers and other financial market participants are starting to loathe the label “ESG” — but they’re
2023-08-15 04:57

Michael Burry Exits Alibaba, JD.com Stakes in Portfolio Overhaul
Michael Burry’s Scion Asset Management exited its stakes in Alibaba Group Holding Ltd. and JD.com Inc. in the
2023-08-15 04:22

Zero-Day Options Cement Presence in Reversal-Ridden Stock Market
The craze for fast-expiring options is ramping to unprecedented heights in a stock market that has lately been
2023-08-15 04:22

Bankman-Fried charged with using stolen customer funds for $100 million in US political donations
(Reuters) -Sam Bankman-Fried used stolen customer funds to make more than $100 million in campaign contributions ahead of the 2022
2023-08-15 04:21

Grove Collaborative Changes CEO, Raises $10 Million After SPAC Flameout
Grove Collaborative Holdings is replacing its longtime chief executive officer after the seller of household essentials struggled since
2023-08-15 04:17

Crypto lender Celsius sends bankruptcy plan to creditor vote
By Dietrich Knauth NEW YORK Crypto lender Celsius Network on Monday received a U.S. bankruptcy judge's permission to
2023-08-15 03:47

'Complete meltdown': Driverless cars in San Francisco stall causing a traffic jam
San Francisco residents were caught off guard this weekend after Cruise self-driving cars caused a traffic jam, according to social media posts. The obstruction came a few days after California regulators approved robotaxi companies to operate their driverless cars 24/7 throughout the city.
2023-08-15 03:45