China’s lapse into deflation is fueling jitters across financial markets but money managers say it isn’t necessarily a

BlackRock Inc. and other large money managers are dipping back into the UK’s battered debt market, lured by

By Olivier Sorgho Zurich Insurance on Thursday reported a better-than-expected half-year operating profit, helped by its Life business

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

LOS ANGELES--(BUSINESS WIRE)--Jun 5, 2023--

Franklin Templeton-managed Fondul Proprietatea raised 8.1 billion lei ($1.8 billion) in Romania’s largest ever initial public offering and

By Ann Saphir The labels "dove" and "hawk" have long been used by central bank watchers to describe

SINGAPORE--(BUSINESS WIRE)--Oct 11, 2023--

UK inflation dropped back below 10% in April but didn't fall as sharply as economists were expecting, and one crucial measure of prices rose further to hit a 31-year high.

By Saqib Iqbal Ahmed NEW YORK Options on the newly listed shares of SoftBank's Arm Holdings, the year's

U.S. job openings rose unexpectedly in April a sign the American labor market remians surprisingly resilient as the Federal Reserve pushes interest rates higher to combat inflation

TOKYO--(BUSINESS WIRE)--Jun 5, 2023--