List of All Articles with Tag 'ba'

Ukraine’s allies now worry the war is dragging into a long fight that may strengthen Vladimir Putin’s hand

Premier League clubs have spent a fraction under £2billion in this summer’s transfer window already – with a week of business still to go. Data released by financial services firm Deloitte showed that as of 12pm on Friday top-flight teams’ spending had reached £1.95bn. That is already higher than the total, record figure calculated by Deloitte for last summer – £1.92bn. Deloitte said spending was £500m higher this summer compared to the same point last year, suggesting the final total could be around £2.5bn. Two of this summer’s deals so far have been worth over £100m – Arsenal’s signing of Declan Rice from West Ham and Chelsea’s recruitment of Moises Caicedo from Brighton. Premier League clubs’ net spend is calculated at £825m by Deloitte, 25 per cent lower than last summer (£1.1bn), which the firm attributes to a more active global transfer market. Calum Ross, assistant director in Deloitte’s Sports Business Group, said: “For the second year in a row, the summer transfer spending by Premier League clubs has surpassed the previous record and looks set to rise above £2bn for the first time before the window closes on September 1. “This sensational level of spending appears to be the new norm for Premier League clubs. They are generating unprecedented levels of revenue, which for some clubs is combined with the receipt of significant investment from new ownership. “As we approach the end of the transfer window, it remains imperative that clubs manage the buying and selling of players carefully and remain compliant with relevant financial regulations. “Sustainable business plans are essential to support continued competitiveness and long-term growth.” Chelsea’s spending in the last three windows – since a consortium led by American businessman Todd Boehly took charge – is believed to be edging close to the £1billion mark.

A look at the day ahead in U.S. and global markets from Mike Dolan Hopes for a late August bloom

By Winni Zhou and Tom Westbrook SHANGHAI/SINGAPORE China's banks will cut deposit rates soon as part of efforts

UK consumer confidence rebounded in August as inflation showed signs of cooling and strong wage growth buoyed household

, Bruised bond market investors will seek some solace from U.S. jobs data and European inflation numbers out

China’s securities regulator plans to convene a meeting with some of the world’s biggest asset managers on Friday,

European Central Bank Governing Council member Joachim Nagel said that he’s not convinced inflation is under control enough

China unveiled a further easing of its mortgage policies to halt a slump in its residential property market

Germany’s economy exited recession by the slimmest margin in the second quarter but its sluggish performance continues to

By Mike Dolan LONDON In an investment world trumpeting new-found ethical and sustainability guidelines, the seeming indifference of

By Ankur Banerjee SINGAPORE The U.S. dollar rose to a more than two-month peak on Friday, on course