Asian Stocks Are Poised to Decline; Oil Advances: Markets Wrap
Asian equities look set to open lower Wednesday in subdued trading following a holiday for US markets. Oil
2023-07-05 06:55
Airbus Presses Chinese Airlines to Order Planes as Widebody Slots Fill Up
Airbus SE is urging Chinese airlines to place orders for its biggest planes because huge purchases by other
2023-07-05 06:18
Bank of England considers clampdown on foreign bank branches- FT
(Reuters) -The Bank of England is looking at plans to force more international banks to set up subsidiaries in the
2023-07-05 05:52
South Africa’s Kganyago Says Inflation ‘Turned The Corner’
South African Reserve Bank Governor Lesetja Kganyago said the fight to tame rising prices was delivering results and
2023-07-05 02:50
Business as usual for Fleetwood as former chairman is jailed
Fleetwood will continue to go about the club’s normal business following the sentencing of former chairman Andy Pilley. Pilley, who stepped down as chairman and director of the League One club during May after being convicted on four counts of fraud, appeared at Preston Crown Court for sentencing on Tuesday. He was found guilty of two counts of fraudulent trading, fraud by false representation and being involved in the acquisition, retention, use or control of the proceeds of fraudulently mis-sold energy contracts. Also chairman of BES Utilities, Pilley had been involved in High Court litigation with Cheshire West and Chester Council, but lost a civil court fight over investigating allegations of mis-selling. At the Crown Court sentencing, the 53-year-old, who had been was remanded in custody, was jailed for a total of 13 years and was also disqualified from being a director for 13 years. Pilley had been the chairman and owner of Fleetwood for 20 years and overseen the club’s rise from non-league status to the English Football League. Fleetwood, who finished 13th last season, had already announced the club were in discussions surrounding a change of ownership and control which remain ongoing. A statement on Tuesday afternoon read: “Fleetwood Town Football Club acknowledges the sentencing in the court case involving former club chairman, Andy Pilley. “The club would like to reiterate convictions are against individuals and not Fleetwood Town FC, or any of the businesses associated with them, and will continue to operate as normal. “Fleetwood Town remain in communication with the EFL and will be making no further comment at this time.” Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live
2023-07-05 00:57
SBB Races to Raise Money With Real Estate Firm Stake Sale
Troubled Swedish landlord Samhallsbyggnadsbolaget i Norden AB sold its entire stake in sector peer Heba Fastighets AB in
2023-07-05 00:53
Thames Water Needs ‘Substantial’ Funds, Says Ofwat CEO
The head of Britain’s water regulator said Thames Water is likely to need “substantial” funds to turn itself
2023-07-04 23:53
Gap Between Canada’s Rich and Poor Is Widening at Record Pace
Inflation, higher interest rates and declining real estate values are worsening wealth inequality in Canada, with younger households
2023-07-04 23:47
Los Andes Copper Weighs Funding Options For Chile Project Including Sale
Los Andes Copper Ltd. is considering options to finance development of a mine in Chile, including a potential
2023-07-04 22:24
South Africa to Demand Crypto Firms be Licensed by Year-End
South Africa will require that crypto exchanges in the country operate with licenses by the end of the
2023-07-04 21:45
BYD Picks Brazil for Its First Electric-Vehicle Hub Outside Asia
BYD Co. will invest 3 billion reais ($624 million) in Brazil to build its first electric-car plant outside
2023-07-04 20:52
UK's Hunt backs regulator to ensure banks pass on better rates to savers
LONDON British finance minister Jeremy Hunt gave his backing to the country's financial regulator FCA to ensure banks
2023-07-04 20:48