Wall Street Splits on Cutting China Growth After Data Miss
Investment banks are split over whether weaker-than-expected Chinese economic data for April redefine the growth outlook for the
2023-05-17 16:19
Europe Car Sales Up in April as Output Gains on Better Supply
Auto sales in Europe rose in April for a ninth month as supply chains improved and carmakers worked
2023-05-17 14:20
Stubborn Cash Squeeze Risks Derailing India’s Economic Recovery
A cash crunch is persisting in India, pushing short-term borrowing costs above a key policy interest rate and
2023-05-17 12:15
Australia Pay Gains Suggest Economy Will Avoid Wage-Price Spiral
Australian salaries rose at around half the pace of inflation in the first three months of 2023, suggesting
2023-05-17 11:58
Japan Economy Grows More Than Expected After Technical Recession
Japan’s economy expanded at a faster pace than expected as a further easing of pandemic regulations boosted consumption,
2023-05-17 08:17
Reaction to Biden-McCarthy debt ceiling meeting
WASHINGTON President Joe Biden and top Republican lawmakers met at the White House for less than an hour
2023-05-17 06:17
Texas sues Hyatt Hotels for misleading marketing and charging hidden fees
By Doyinsola Oladipo NEW YORK Texas Attorney General Ken Paxton filed a lawsuit on Monday against Hyatt Hotels
2023-05-17 01:24
Ed Woodward accepts first job since Man Utd departure
Former Manchester United executive vice-chair Ed Woodward has accepted a first job since departing Old Trafford last year. Woodward has joined the board of educational esports company EStars as a non-executive director. EStars is “at the heart of the fastest-growing sport in the world”, using esports to bring classmates together, both during and after school hours, to foster great academic goals, inclusion, diversity and positive outcomes. Ex-Newcastle, Netherlands and current Norwich goalkeeper Tim Krul has been a shareholder in the company since its inception in 2017 and Woodward explained his decision to accept the new role. He said: “When you put together esports, education and a dynamic region such as the Middle East, where curriculum decisions can be made faster than Europe, it is a recipe for success. “Joining the team is an easy decision when you add the exceptional leadership and entrepreneurial energy of Mags [founder Mags Byrne]. I’m excited about EStars delivering a path of learning for the next generation in the (relatively) new industry of esports.” Having qualified as a chartered accountant and then worked at JPMorgan as an investment banker, Woodward joined Man United in 2005 to oversee their commercial operations, having advised the Glazer family on their purchase of the club. He was appointed to the board of directors in 2008 and became executive vice-chair in 2013 when David Gill retired. He became an incredibly unpopular figure at Old Trafford due to his association with a Glazer regime that fans turned against and despite the £1bn he sanctioned in transfer fees, his tenure is regarded as a failure, with the club struggling on the pitch – in relative terms at least – in the post-Sir Alex Ferguson era. It has been mooted that he could help the Glazer family negotiate any potential sale of Manchester United as the takeover saga drags on. Read More What would a Sir Jim Ratcliffe takeover mean for Manchester United Erik ten Hag unsure what funds will be available to strengthen Man Utd’s squad Louis Van Gaal suggests Ed Woodward’s departure from Man Utd could spell success
2023-05-16 23:59
Biden and McCarthy slated to meet again Tuesday to discuss raising the nation's borrowing limit
Anyone looking for clues at how talks to raise the nation's borrowing limit and avoid a historic default are progressing between President Joe Biden and congressional Republicans might be confused ahead of a high-stakes meeting at the White House on Tuesday.
2023-05-16 22:22
Shoppers are pulling back at Home Depot
Consumers are taking on smaller home improvement projects as higher interest rates and inflation take their toll.
2023-05-16 19:56
Turkish Central Bank’s First Post-Vote Moves Focus on Gold, Cash
Turkey’s central bank unveiled its first measures after Sunday’s presidential elections, adding to a tangle of rules it’s
2023-05-16 18:50
Home Depot cuts annual sales forecast on slowing demand
Home Depot Inc cut its annual sales forecast on Tuesday, as the home improvement market cools after explosive
2023-05-16 18:28