New Zealand leader's plane so prone to breakdowns he takes a backup on China trip
The United States has Air Force One
2023-06-26 16:29
Japan's top currency diplomat escalates warning against weak yen
By Tetsushi Kajimoto TOKYO (Reuters) -Japan is not ruling out any options in responding appropriately to excessive currency moves, its
2023-06-26 16:28
Stock market today: Asian shares mixed, oil prices gain after armed rebellion quelled in Russia
Asian shares have fallen after a short-lived armed rebellion in Russia added to uncertainties over the war in Ukraine
2023-06-26 16:27
Onshore Chinese Stocks Slide, Playing Catch-Up After Holidays
Chinese stocks declined in catch-up trade as weak holiday spending data added to concerns that the recovery has
2023-06-26 16:26
Ruble Hits Weakest in 15 Months After Wagner Challenges Putin
The ruble weakened as much as 3% against dollar on Monday, the most this year, after a mutiny
2023-06-26 15:29
Aston Martin Steps Up EV Push With Lucid Deal: The London Rush
The M&A wave has rippled through to the automotive industry, with luxury carmaker Aston Martin striking an EV
2023-06-26 15:25
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
Pakistan Moves Closer to Vital IMF Deal With Last-Ditch Steps
Pakistan’s race to restart a stalled International Monetary Fund loan program took a positive turn as the country
2023-06-26 15:25
SBB Enters Exclusive Talks to Sell Stake in Property Portfolio
Sweden’s Samhallsbyggnadsbolaget i Norden AB has entered into exclusive discussions with Brookfield Asset Management to sell its remaining
2023-06-26 14:58
Two More China Builders Say They Can’t Meet Debt Obligations
Two more Chinese developers have failed to meet dollar-bond payments, occurring amid renewed home-sales softness and a lack
2023-06-26 14:47
China’s June Car Sales Expected to Fall as Consumption Slows
China’s June passenger car sales are expected to drop 5.9% in June from the same month last year,
2023-06-26 14:26
JD.com Creates Groceries Arm as Rival Alibaba Weighs Spinoffs
JD.com Inc. aims to create an independent unit by merging its 7Fresh supermarket chain with other online services,
2023-06-26 14:23