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China to Halt Youth Jobs Data, Stoking Transparency Concerns
China to Halt Youth Jobs Data, Stoking Transparency Concerns
China will pause publishing data on its soaring youth unemployment rate to iron out complexities in the numbers,
2023-08-15 11:45
Ryan Reynolds and Rob McElhenney to invest in F1 team
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 15:26
Saudi Arabia needs more than higher oil prices to fund its grand plans
Saudi Arabia needs more than higher oil prices to fund its grand plans
Riyadh knows that it cannot rely solely on a fluctuating oil market for income. Along with its efforts to raise oil prices, it is also trying to bring in investment from abroad.
2023-06-05 22:22
J&J lifts profit outlook on strong demand for top-seller Stelara
J&J lifts profit outlook on strong demand for top-seller Stelara
(Reuters) -Johnson & Johnson on Tuesday raised its 2023 profit forecast, helped by resilient demand for its blockbuster anti-inflammatory drug
2023-10-17 19:20
Taylor Swift Fans Have to Barter, Borrow and Plead to Get Into Her Shows
Taylor Swift Fans Have to Barter, Borrow and Plead to Get Into Her Shows
For Taylor Swift fans, 52 concerts in massive football stadiums were never going to be enough to satisfy
2023-05-26 20:22
US government shutdown possible later this year but no impact on rating - Fitch
US government shutdown possible later this year but no impact on rating - Fitch
NEW YORK Credit rating agency Fitch said on Wednesday the ousting of U.S. House Speaker Kevin McCarthy meant
2023-10-05 03:46
Italy rounds on
Italy rounds on "simplistic" ECB over rate hikes
By Angelo Amante and Gavin Jones ROME Italian Prime Minister Giorgia Meloni on Wednesday criticised the European Central
2023-06-28 16:50
Top Offset Project Must Hand Zimbabwe Revenue or Close
Top Offset Project Must Hand Zimbabwe Revenue or Close
Zimbabwe’s Environment Minister said the operators of a project generating carbon credits from an area almost the size
2023-05-18 17:51
Evergrande Said to Have Proposed New Debt Plan, Reuters Says
Evergrande Said to Have Proposed New Debt Plan, Reuters Says
China Evergrande Group has proposed a new debt restructuring plan for offshore bondholders, Reuters reported, citing two people
2023-11-01 15:23
A Nation Shuts Off the Internet, and Power Goes Out to Homes
A Nation Shuts Off the Internet, and Power Goes Out to Homes
For years, governments around the world have assailed social media for their role in the spread of disinformation,
2023-08-05 12:17
Jim Biden's last name has helped open doors. It also has made him a target of House Republicans
Jim Biden's last name has helped open doors. It also has made him a target of House Republicans
Republicans are increasingly focused on President Joe Biden's brother Jim as they dig for evidence that could be used for impeachment proceedings
2023-11-11 21:28
Soaring Real Yields Suggest Fed’s Inflation Battle Isn’t Over
Soaring Real Yields Suggest Fed’s Inflation Battle Isn’t Over
A breakout in a closely watched corner of the bond market is signaling the Federal Reserve has more
2023-05-27 00:49