
After success abroad, Saudi designers hit the runway at home
Couturier Adnan Akbar's past clients included Princess Diana and two French first ladies, but until recently he had never staged a major fashion show...
2023-12-01 09:46

Vermont will pay $16.5M to settle lawsuits by foreign investors in fraudulent ski developments
The state of Vermont has agreed to pay $16.5 million to settle all pending and potential lawsuits against it from foreign investors in development projects at the Jay Peak resort
2023-07-06 06:51

Economic development in Asia still faces many challenges, China minister says
BEIJING Economic and trade development in the Asia-Pacific still faces many disturbances and challenges, China's commerce minister Wang
2023-05-27 12:18

Asian markets fall again as traders eye more rate hikes
Equity markets sank Friday and oil extended a sharp selloff after a string of interest rate hikes by central banks revived...
2023-06-23 11:24

Brazil's finance minister expects interest to fall to 'at least' 12% by year-end
BRASILIA Brazil's Finance Minister Fernando Haddad said on Wednesday that he expects the basic interest rate to fall
2023-07-27 02:54

More than half of older Americans will need long-term term care. Many can't afford the rising cost
About one in six Americans are now age 65 or older and, as the average population ages, a majority are reaching the age of retirement in a precarious financial position, as costs of personal care continue to rise.
2023-09-17 05:46

MFT Energy’s Profit Soars More Than 800% on Volatile Markets
Danish trader MFT Energy P/s boosted its profit for last year more than eightfold as price volatility soared
2023-05-31 15:47

ChatGPT-maker Open AI pushes out co-founder and CEO Sam Altman, says he wasn't 'consistently candid'
The board of ChatGPT-maker Open AI says it has pushed out its co-founder and CEO Sam Altman and replaced him with an interim CEO
2023-11-18 05:27

Apollo Global leads debt investment in chipmaker Wolfspeed - media
A group of investors led by Apollo Global Management is making a debt investment between $1 billion to
2023-06-26 02:56

Russia’s War Economy Is on Course to Recover From Sanctions Hit
Russia’s economy may return to its pre-war level as soon as next year as it adapts to the
2023-08-11 17:48

Actis’s Aggarwal Said to Be Frontrunner for India NIIF CEO Job
Sign up for the India Edition newsletter by Menaka Doshi – an insider's guide to the emerging economic
2023-11-15 12:48

Bill Kenwright to stay on as Everton chairman despite supporter protests
Bill Kenwright will stay on in his role as Everton chairman, the Premier League club have announced. Following the departures of chief executive Denise Barrett-Baxendale, chief finance officer Grant Ingles and non-executive director and former striker Graeme Sharp last week, the future of long-serving chairman Kenwright had appeared in doubt. However, Everton owner Farhad Moshiri revealed on Friday morning that Kenwright had accepted his request to remain at the club and help them through a period of transition. The recent board changes came in the wake of numerous supporter protests, with Kenwright, who has spent 19 years in his current role and is understood to have been planning to step down, the main target for fans’ anger. “I wanted Bill to remain as our chairman during this important period of transition for the club and I am delighted that he has accepted my request to do so,” Moshiri said in a statement on the Everton website. “Bill’s knowledge and vast experience will be crucial for us as we look to reset, deliver on external investment and position Everton for a successful future.” Everton also announced the appointment of Colin Chong as interim chief executive and director, while James Maryniak becomes interim chief finance officer. Chong is currently the chief stadium development officer and has been focusing on the move to Bramley-Moore Dock, with Maryniak the club’s director of finance. “In Colin and James, we have two experienced senior club professionals who have agreed to take on enhanced roles on an interim basis, and who we know can and will deliver immediately,” Moshiri said. As part of the changes, majority shareholder Moshiri will also join the board as a non-executive director alongside John Spellman, an experienced chartered accountant and Everton supporter. American investors MSP Capital are close to agreeing a deal to buy a stake in the club, possibly up to 25 per cent. Everton are also facing a Premier League charge for breaching profit and sustainability rules, having made cumulative losses of more than £430million over the last four seasons. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live Ireland international Jean Kleyn cleared to represent South Africa Aston Villa captain John McGinn signs new long-term deal England bowler James Anderson admits struggles on ‘kryptonite’ Edgbaston pitch
2023-06-23 17:53
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