US Senate hearing on China to draw rare Biden cabinet trio
By Patricia Zengerle WASHINGTON (Reuters) -Three of President Joe Biden's cabinet members will testify on China policy at a U.S.
2023-05-17 00:15
Factbox-Amgen-Horizon deal joins mega mergers facing regulatory heat
A U.S. antitrust regulator said on Tuesday it will sue to stop Amgen's $27.8 billion deal for Horizon
2023-05-16 23:59
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
OpenAI CEO tells US senators regulation is 'critical'
Sam Altman, the chief executive of ChatGPT's OpenAI, told US lawmakers on Tuesday that regulating artificial intelligence was essential, after...
2023-05-16 23:57
QatarEnergy awards $10 bn gas contract to Technip Energies, CCC
QatarEnergy said Tuesday it awarded a contract worth about $10 billion to a joint venture of France's Technip Energies and Consolidated Contractors Company, in the...
2023-05-16 23:23
US lawmakers blast former Silicon Valley Bank CEO for greed, mismanagement
NEW YORK U.S. lawmakers lambasted former banking executives from the collapsed Silicon Valley and Signature banks at the
2023-05-16 22:55
Ian Clifford: Critically ill worker sues IBM for not raising his pay while he was off work for 15 years
The former worker's initial agreed salary was $90,000 but he received $67,500 after deductions
2023-05-16 22:46
US retail sales, industrial production post April gains
Retail sales in the United States returned to growth in April fueled by a rebound in motor vehicle sales, data released Tuesday showed, but not...
2023-05-16 22:24
German court convicts, fines Jesuit priest over climate protest
A German court has convicted a Jesuit priest of coercion in connection with a climate protest last year and ordered him to pay a small fine
2023-05-16 22:23
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
Two online brokerages to remove China apps as Beijing data crackdown widens
SHANGHAI/HONG KONG (Reuters) -Online brokerages Futu Holdings Ltd and UP Fintech Holding Ltd will remove apps in mainland China amid
2023-05-16 21:48
US retail sales miss expectations, but core sales strong
WASHINGTON U.S. retail sales increased less than expected in April, but the underlying trend was solid, suggesting that
2023-05-16 20:55
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