
JP Morgan, Nomura raise China's 2023 economic growth forecast
JP Morgan and Nomura on Wednesday lifted their forecast for China's economic growth for the year, after the
2023-10-18 16:21

Corporate America Is Ignoring Jay Powell and Bingeing on Debt
For the past 18 months, Federal Reserve Chair Jerome Powell has frantically been trying to break Americans' borrow-and-spend
2023-10-06 07:52

The day has arrived for Elizabeth Holmes to report to a Texas prison
Disgraced Theranos CEO Elizabeth Holmes on Tuesday will be moving to her new home —-a federal prison where she has been sentenced to spend the next 11 years for overseeing a blood-testing hoax that became a parable about greed and hubris in Silicon Valley
2023-05-30 12:20

Regulator must hold football to account over discrimination, says CMS committee
Football must be held accountable for how it tackles discrimination by the new independent regulator, a key parliamentary committee has said. In the week where an independent report found evidence of “deep-rooted” discrimination in cricket, the Culture Media and Sport (CMS) committee insists football cannot be relied on to get its own house in order on equality, diversity and inclusion (EDI). It called for EDI measures to be included in a new code for football governance, and for the regulator to have powers to mandate and assess EDI action plans put together by clubs. The Government is committed to legislating for an independent regulator for English football (IREF), with Sports Minister Stuart Andrew telling supporters in Manchester last weekend that it would be one of the first bills to progress after the King’s Speech in the autumn. However, the Government said in its white paper on football governance published in February that it did not believe EDI matters should fall within the immediate scope of the regulator, something which frustrated anti-discrimination charity Kick It Out, particularly given the fan-led review had recommended EDI be in the regulator’s remit. The CMS committee says it is “sceptical” football will come up with suitable collective standards by itself, given the “limited progress” it has observed. A report from the committee, which recommended the Government set up the regulator in shadow form by the end of the year, stated: “We are concerned that the Government has ignored recommendations to include EDI Action Plans for clubs and oversight of these plans within IREF’s remit. “We believe that IREF would be well placed to receive and publish standardised data on compliance with EDI requirements in football, as well as monitoring and enforcing compliance with equality standards through EDI Action Plans. “We recommend that the Government should give IREF the authority to mandate EDI Action Plans as part of its threshold licence conditions for clubs. Clubs’ performances against these Action Plans should be assessed regularly by IREF as part of its routine licence reviews.” Kick It Out chief executive Tony Burnett welcomed the committee’s recommendation and added: “Football has dragged its heels for too long when making the change needed to make it a more welcoming sport. “There is still a lack of diversity in boardrooms, coaching and refereeing, while players and fans suffer from discrimination from the professional game down to grassroots. There has been progress, but a lack of collaboration and few solid outcomes over the past decade mean it’s time for the process to be accelerated. “That is why we endorse the recommendations, already made in the fan-led review, that EDI measures are included in the new Code for Football Governance, and that action plans are part of a club’s licensing conditions. “Placing equality, diversity and inclusion at the heart of football’s governance will help the game grow, therefore safeguarding it for future generations.” The Government will hold roundtable meetings over the coming months to drive forward EDI initiatives across the football pyramid as it continues to engage with the FA, leagues, fan representatives and civil society organisations. The regulator should also set “substantially higher” fan engagement standards rather than accepting existing Premier League standards as the baseline, the committee said. Football’s authorities were also warned to “get their act together” on a new financial agreement between the Premier League, the EFL and the FA, with the new regulator set to be given backstop powers to impose a solution via arbitration if one cannot be reached amongst themselves. However, the PA news agency understands talks over the ‘New Deal For Football’ are progressing well, with regular talks taking place between the three bodies. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live Ben Duckett has no regrets taking on Australia after falling short of century I’d give my other ACL for England to win the World Cup – Leah Williamson Novak Djokovic warms up for Wimbledon with exhibition win over Frances Tiafoe
2023-06-30 07:29

Typical US Homebuyer Earns $107,000 and Is More Likely to be a Single Woman
The typical US homebuyer earns more money and is more likely to pay cash this year. And, increasingly,
2023-11-13 22:29

Freeland Calls Bank of Canada Rate Hold ‘Welcome Relief’
Prime Minister Justin Trudeau’s government praised the Bank of Canada for holding interest rates steady, a rare public
2023-09-07 05:50

Cluster munition deaths in Ukraine pass Syria, fueling rise in a weapon the world has tried to ban
More than 300 people were killed by cluster munitions in Ukraine in 2022, surpassing Syria as the country with the highest number of deaths from the controversial weapons for the first time in a decade
2023-09-05 16:18

SocGen to Commit €100 Million to Reducing Gender Pay Gap
Societe Generale will commit €100 million to reducing the gender pay gap and aims to have more than
2023-09-18 14:57

France, China to Work on Regulatory Framework for Cosmetics
France and China have agreed to work together on improving the regulatory environment surrounding cosmetics to protect both
2023-07-29 22:24

US consumer confidence declines again in May, 4th time in 5 months
Consumer confidence fell in May as Americans became more pessimistic about the labor market, on top of elevated anxiety over inflation
2023-05-30 22:29

After the Great Success Achieved in the United States and Canada, DEKA Launches Three Extraordinary Laser and Microwave Platforms at the World Congress of Dermatology in Singapore
SINGAPORE--(BUSINESS WIRE)--Jul 3, 2023--
2023-07-03 16:16

US Sees Once-in-Generation Shot to Reset Rocky Thai Alliance
Prime Minister Srettha Thavisin has been in office for less than a month, but the US already sees
2023-09-20 10:19
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