Australian gold miner Newcrest backs Newmont's $17.8 billion offer
Australian gold miner Newcrest Mining said on Monday it would back Newmont A$26.2 billion ($17.8 billion) takeover offer in one of the world's largest buyouts so far this year.
2023-05-17 13:50
FTX Says a Former Top Lawyer Helped Raid Customer Accounts
Bankrupt FTX Trading Ltd. is suing the former top compliance officer to the crypto empire, accusing the lawyer
2023-06-29 05:58
Eurozone investor mood darkens due to 'problem child' Germany, survey finds
BERLIN Investors got more gloomy on prospects for the euro zone economy in June, dragged down by negative
2023-06-05 16:57
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 23:58
Imran Khan’s Arrest in Graft Probe Stokes Anger in Pakistan
Paramilitary troops arrested Pakistan’s former premier Imran Khan on the orders of the anti-corruption bureau, a development that
2023-05-09 21:51
North Korea Threatens to Shoot Down US Spy Planes
North Korea accused US spy planes of violating its air space and threatened to shoot them down, ramping
2023-07-10 09:23
Exclusive-Egypt buys nearly half a million tons of Russian wheat in private deal
By Sarah El Safty and Michael Hogan CAIRO Egypt's state grains buyer bought about a half a million
2023-09-04 14:27
OpenAI in ‘Intense Discussions’ to Unify Company, Memo Says
OpenAI is in “intense discussions” to unify its divided staff, Vice President of Global Affairs Anna Makanju wrote
2023-11-21 14:21
Chinese Debt Deemed Asia's Biggest Risk Turns Into a Lucrative Bet
Be greedy when others are fearful. Those who heeded Warren Buffett’s famous investment mantra would have benefited handsomely
2023-11-23 14:56
Why is China not rushing to fix its ailing economy?
By Laurie Chen and Yew Lun Tian BEIJING With China at risk of tipping into prolonged stagnation and
2023-08-17 17:26
Germany's central bank says the economy apparently returned to growth in the 2nd quarter
Germany's central bank says the country's economy appears to have returned to slight growth in the April-June period after shrinking for two consecutive quarters
2023-07-17 20:55
Country Garden Crisis Deepens as Unit Halts Local Bond Trading
A crisis at Country Garden Holdings Co., formerly China’s biggest developer, deepened at the start of the week
2023-08-14 11:28
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